In an insightful conversation with Vaibhav Vardhan, Co-founder and CEO of Inc42, Rishi Das, Co-founder of IndiQube, reflected on the journey of building one of India’s most influential coworking and managed workspace platforms. The discussion explored how India’s office real estate sector is undergoing a fundamental transformation, driven by the rise of flexible work models and an increasing demand for agile, ready-to-move workspaces.
Amid this shift, Bengaluru-based IndiQube has emerged as a standout player, redefining how modern workplaces function at scale. Managing millions of square feet across multiple cities and crossing INR 1,000 crore in revenue in FY25, IndiQube represents the new-age evolution of India’s commercial real estate landscape.
At the centre of this growth story is serial entrepreneur Rishi Das, who co-founded IndiQube in 2015 alongside Meghna Agarwal, building a nationwide workspace platform rooted in collaboration, community, and long-term scalability.
Rishi Das’ entrepreneurial journey began early, with exposure to building ventures during his days at IIT Roorkee. After a brief corporate stint, he co-founded CareerNet in 1999, which went on to serve the rapidly growing IT and tech ecosystem.
As CareerNet scaled, Rishi noticed a recurring challenge rapid expansion meant frequently shifting offices, revealing the lack of flexible workspace options for fast-growing companies. This insight became the seed for IndiQube: a workspace model designed to offer flexibility, scalability, and a premium experience for companies of all sizes.
Rishi describes IndiQube not as a family business, but as a business run by a family of first-generation entrepreneurs. This philosophy governs the company’s operating style anchored in transparency, strong governance, and a board that actively challenges key decisions.
Working closely with co-founders brings complementary strengths that strengthen the company’s long-term decision-making and resilience.
The pandemic reshaped how companies think about office locations. Talent is no longer limited to metros, and businesses increasingly adopt distributed workforce models. Rishi calls this a “follow-the-talent” approach.
IndiQube has used this shift to expand into several tier-II cities, offering companies a consistent workspace experience across geographies while enabling them to move closer to emerging talent pools.
IndiQube serves a wide spectrum of clients from startups to large enterprises by offering flexible leasing structures tailored to their needs. Some choose IndiQube for flexibility, others for cost efficiency, and many for a consistent, high-quality workspace experience.
The company’s offerings scale with customer needs, making it suitable for both fast-growing startups and established organisations looking for reliable, multi-city workspace partners.
Staying aligned with a modern workforce requires more than physical infrastructure. IndiQube integrates technology and seamless user experience into its operations, ensuring that workspaces remain intuitive, efficient, and collaborative.
IndiQube’s journey from solving its own office space challenges to becoming one of India’s leading flexible workspace brands reflects the power of foresight and customer-centric thinking. With a strong focus on collaboration, governance, and an expanding presence across India, the company continues to redefine how organisations approach workspaces.
