Office options platform IndiQube on Monday expanded into Bhubaneswar, marking the agency’s seventeenth metropolis of operations within the nation. Town can be its second East Indian market after Kolkata.
The brand new centre will span over 45,000 sq ft and will probably be situated in Patia, Infocity—a key enterprise district and one in every of Bhubaneswar’s distinguished IT and industrial hubs.
This enlargement is on monitor with IndiQube’s plan to deepen its presence in high-potential Tier II cities, aligning with the nation’s enterprise and expertise panorama.
“East India represents a major progress frontier for IndiQube, and Bhubaneswar is a pure subsequent step in that journey. Town is at an inflection level, transitioning into a reputable enterprise and know-how hub, backed by robust infrastructure with upcoming metro and coverage help. Our enlargement right here reinforces our long-term dedication to constructing a sturdy presence within the area and enabling enterprises to scale effectively past conventional metros whereas tapping into rising expertise markets,” mentioned Rishi Das, Co-founder and CEO, IndiQube.
Lately, many startups have turned their focus to deepen their footprint in Tier II cities, as Indian corporates rethink office methods amid expertise migration patterns.
“As organisations rethink their workspace location methods amidst the evolving expertise migration patterns, our presence in rising cities like Bhubaneswar will play a vital position in enabling ease of doing enterprise, enhancing workspace productiveness whereas offering a constant worker expertise,” mentioned Meghna Agarwal, Co-founder, IndiQube.
The event comes months after the corporate reported robust quarterly outcomes. In November, it posted its highest-ever quarterly income of Rs 354 crore in Q2 FY26, marking a 38% year-on-year surge, whereas revenue after tax tripled to Rs 28 crore.
The robust income progress was on the again of its three-fold technique: deeper penetration inside present micro-markets, wider presence throughout rising cities, and steady layering of B2B2C providers akin to transport, meals and beverage, mobility, occasions, and concierge choices.
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