Indiqube Spaces Limited has informed the Exchange regarding a press release dated April 15, 2026, titled "Indiqube Signs Rs. 52 Crore Workspace Deal with Japanese E-Commerce Giant in Bangalore".
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IndiQube Spaces Limited has signed a Rs. 52 crore workspace deal with a leading Japanese e-commerce giant for approximately 35,000 sq. ft. at Outer Ring Road, Bengaluru. The deal has a tenure of five years and involves a fully managed, enterprise-grade workplace. This deal reinforces Bengaluru's position as a strategic technology corridor for global companies. GCCs already constitute over 40% of IndiQube's portfolio, and this transaction further strengthens its position as a partner of choice for Global Capability Centers seeking tech-enabled workspaces.
This major client acquisition demonstrates strong demand for IndiQube's managed workspace solutions from multinational occupiers. The Rs. 52 crore deal over 5 years represents significant recurring revenue and validates the company's market positioning in India's growing flex office market.