Indiqube Spaces Limited was incorporated as Innovent Spaces Private Limited, a private limited company under the Companies Act, 2013 on January 14, 2015, and was granted the certificate of incorporation by the Registrar of Companies, Kanpur. The registered office of the company was shifted from the state of Uttar Pradesh to the state of Karnataka pursuant to a special resolution passed by its Shareholders on October 16, 2018. The alteration with respect to the place of the registered office was confirmed by the order of the Regional Director, Bengaluru on November 21, 2019 and a fresh certificate of incorporation was issued by the RoC on March 19, 2020. Subsequently, the name of the company was changed to ‘Indiqube Spaces Private Limited’ and a fresh certificate of incorporation dated November 8, 2024 was issued by the RoC. Pursuant to the conversion of the company into a public limited company and a special resolution passed by its Shareholders at the EGM on November 16, 2024, the name of the company was changed to ‘Indiqube Spaces Limited’, and the RoC issued a fresh certificate of incorporation on December 17, 2024.
The company is a managed workplace solutions company offering comprehensive, sustainable, and technology-driven workplace solutions dedicated to transforming the traditional office experience. Led by an experienced management, with entrepreneurial track record since 1999, its diverse solutions range from providing large corporate offices (hubs, i.e., the main office of its clients wherein key functions, leadership teams, and primary operations are based, and is typically located in a central or strategic area) to small branch offices (spokes, i.e., smaller, decentralized office spaces of its clients spread across different cities or regions) for enterprises and transforming the workplace experience of their employees by combining interiors, amenities and a host of value-added services which are incremental to the workspace leasing provided by the company and comprise amenities, green initiatives, designed interiors, B2B and B2C solutions ranging from facility management, sale of goods, asset maintenance and plantation to catering, and transportation services for the employees of its clients and technology applications, through contracts with clients occupying the space within its centers or third-party clients (VAS).
It complements its solutions through backward and forward integration capabilities. While backward integration focuses on asset renovation, upgradation and customized build-to-suit models, forward integration enables it to provide business-to-business (B2B) and business-to-customer (B2C) VAS to clients and their employees. These, coupled with its core offering of plug and play offices, enable it to serve the workspace value chain comprehensively.
Business area of the company
The company is primarily engaged in the business of leasing of network of shared work spaces of fully or partly equipped premises and other related activities.
Awards, accreditations and recognitions
- 2019: Listed among 50 start-ups to lookout for by Entrepreneur India.
- 2020: Recognized as one of ‘FT High-Growth Companies Asia-Pacific 2020’ by Financial Times and Statista
- 2021: Awarded the ‘Real Estate Start-up of the Year’ award at the 11th Annual Entrepreneur Awards 2021 by Entrepreneur Media.
- 2021: Recognized as one of ‘India’s Growth Champions 2021’ by Economic Times and Statista.
- 2022: Recognized as one of ‘India’s Growth Champions 2022’ by the Economic Times and Statista.
- 2022: Received a certificate of appreciation for organizing a voluntary blood donation camp by Lions Blood Centre.
- 2022: Recognized as one of ‘FT High-Growth Companies Asia-Pacific 2022’ by Financial Times and Statista.
- 2022: Recognized as one of ‘India’s Growth Champions 2022’ by the Economic Times and Statista.
- 2022: Recognized as a ‘Future Ready Organization’ for 2022-23 by the Economic Times.
- 2022: Recognized amongst ‘5 Tech Startups trying to transform the world’ by Mid Day.
- 2022: Received the ‘Green Champion Award’ for corporate leading the green building movement in India - commercial by IGBC
- 2023: Awarded the ‘Real Estate Start-up of the Year’ award at the 13th Annual Entrepreneur Awards 2023 by Entrepreneur Media.
- 2023: Awarded the ‘Safe Workplace Platinum Award’ for flexible workspace sector by Apex India Foundation.
- 2023: Recognized as one of ‘FT High-Growth Companies Asia-Pacific 2023’ by Financial Times and Statista.
- 2023: Recognized as one of ‘India’s Growth Champions 2023’ by the Economic Times and Statista.
- 2023: Recognized as a ‘Future Ready Organization’ for 2023-24 by the Economic Times.
- 2023: Recognized in the list of select 200 companies on Forbes India Magazine.
- 2024: Awarded the ‘Sustainable Initiative of the Year, 2024 – Go Green’ award at the 4th Edition of Sustainability Summit and Awards, 2024.
- 2024: Awarded the ‘Recognition Award’ for outstanding demonstration in excellence in energy management/ waste/ water/ pollution management.
- 2024: Awarded the ‘Best Water Conservative and Efficiency Initiative’ by the Confederation of Indian Industry at the 4th Edition of CII-SR Industrial Water & Waste Management Competition, 2024.
- 2025: Recognized as one of ‘High-Growth Companies Asia-Pacific 2025’ by Financial Times and Statista.
- 2025: Awarded the ‘Best Net Zero initiative of the Year’ award at the 2nd edition of the Net Zero Summit & Awards 2025 by UBS Forums Private Limited.
History and milestones
- 2021: Commenced operations in all metro cities by signing lease deeds for 50 properties to facilitate business operations.
- 2021: Expansion of business to Gurugram.
- 2022: Secured Series B CCPS investments from WestBridge on April 4, 2022.
- 2022: Expansion of business in tier-2 cities like Coimbatore, Jaipur and Madurai.
- 2023: Expansion of business in tier-2 cities like Kochiand Vijayawada.
- 2023: The company got CRISIL A rating for outstanding Debt instrument/ facility of the company.
- 2024: Expansion of business in tier-2 cities like Kozhikode.
- 2024: The company got CRISIL A+ rating for outstanding Debt instrument/ facility of the company.
- 2024: Crossed 100+ properties amounting to 7.76 million square feet in AUM in over 13 cities with more than 700+ clients
- 2024: Expansion of business to Mohali.
- 2025: Expansion of business to the eastern region of India with a new center to Kolkata.
- 2025: The company surpassed Rs 10,000 million in total income in Fiscal 2025.