IndiQube, a Bengaluru-based built-in managed areas platform, has introduced a significant workspace growth cope with a number one world audio sequence platform.

Below the deal, the consumer has leased practically 1,300 seats at IndiQube’s premium tech park facility on the Outer Ring Highway (ORR) stretch in Bengaluru.

The deal is valued at roughly Rs 68 crore

Notably, the audio sequence platform initially scaled its operations out of IndiQube’s Koramangala facility and can now be transitioning into this new tech-enabled enterprise surroundings alongside Bengaluru’s prime IT hall.

Via this deal, IndiQube continues to strengthen its enterprise portfolio, notably inside India’s thriving startup and unicorn ecosystem. The Firm has created an built-in managed areas platform designed to satisfy the evolving workspace and operational necessities of fast-scaling tech firms.

“The consumer has been with us since their early phases in Koramangala. As they expanded, we have been capable of seamlessly accommodate their progress plans and transition them right into a full-fledged tech park surroundings on Outer Ring Highway with a capability of practically 1,300 seats. This deal underscores our core worth proposition of being a long-term Complete Workspace Outsourcing accomplice to unicorns and startups not solely throughout their 1-to-10 section; but additionally, of their 10-to-100 journey and past,” stated Rishi Das, Co-founder of IndiQube.

Meghna Agarwal, Co-founder of IndiQube, added, “Startups & Unicorns immediately represent practically 1 / 4 of our general occupancy. Greater than 50 Unicorns have chosen IndiQube as their most well-liked workspace accomplice, and we’re glad to be a catalyst of their progress journey. Startups & Unicorns immediately, aren’t taking a look at operators who simply meet their quick workspace requirement; they’re in search of strategic, long-term companions like IndiQube who can help their evolving spatial and worker expertise wants over a 5-to-10-year horizon.”

The announcement comes shortly after the company reported its financial results for the first quarter of FY27, posting its highest ever quarterly income of Rs 428 crore, a progress of 37% 12 months on 12 months.

EBITDA for the quarter got here in at Rs 87 crore, up 34% 12 months on 12 months, with margins holding at 20%. EBIT grew 59% to Rs 55 crore, taking the EBIT margin to 13%.

Revenue after tax grew the quickest among the many key metrics, rising 91% to Rs 35 crore, with the PAT margin bettering to eight%.