When Meghna Agarwal co-founded IndiQube with Rishi Das in 2015, the goal was clear: to build flexible, scalable office spaces that evolve with the needs of growing companies. What started as a solution to their own company’s expanding office requirements has today shaped IndiQube into one of India’s leading managed workspace brands, with over 100 properties across the country.
In a recent conversation with Inc42, Meghna shared insights on IndiQube’s journey, its strategic pillars, and her vision for the future of workspaces.
IndiQube was born out of a practical challenge. One of the founders’ companies was frequently outgrowing its existing office spaces, leading to costly and time-consuming relocations. The idea of creating a larger office and subletting unused space sparked what would eventually become IndiQube.
By FY18, investor support from WestBridge and angel investor Ashish Gupta validated IndiQube’s business model and helped accelerate its growth. The founders set out to offer enterprise-grade, flexible workspace solutions that went beyond traditional coworking setups.
Meghna highlighted several core strategies that have enabled IndiQube’s rapid and sustained scaling:
Enterprise First Approach
Instead of focusing on freelancers or individual memberships, IndiQube designed solutions tailored for enterprises, fast-growing startups, and multinational companies seeking flexibility and predictability.
End to End Workspace Offerings
IndiQube provides a full suite of workspace services including interiors, facility management, and technology integration, ensuring companies can focus on their core operations while the workspace evolves with them.
Hub and Spoke Expansion and Tier 2 and Tier 3 Cities
The company recognized early shifts in talent distribution and expanded into emerging cities. This allowed IndiQube to support companies looking for high-quality spaces outside major metros.
Sustainability and ESG Focus
Environmental responsibility plays a significant role in IndiQube’s philosophy. The company has invested in green initiatives and continues to incorporate sustainability into its workspace designs and operations.
Collaboration with Landlords
A strong partnership driven approach with property owners has helped IndiQube transform buildings into modern, tech-enabled work environments.
The pandemic introduced significant uncertainty for the workspace industry. Meghna shared that IndiQube’s enterprise-focused model and long-term outlook helped it navigate the crisis effectively. Rather than responding to every short-term trend, the company stayed committed to its vision while expanding into new geographies and adapting to the evolving needs of businesses. A strong internal culture and alignment across teams played a central role in sustaining momentum.
Meghna outlined several major trends that she believes will define the future of workspaces:
Intelligent Workspaces
Platforms like IndiQube’s MiQube, which include features such as desk booking, access control, and utilization insights, will enable smarter and more efficient offices.
PropTech Integration
SaaS-based solutions for landlords and property teams will improve building management and unlock new operational capabilities.
Decentralized Growth
As distributed work patterns continue to evolve, tier 2 and tier 3 cities will become increasingly important in the workspace ecosystem.
ESG and Employee Well Being
Workspace design will increasingly focus on sustainability, health, and inclusivity as these factors become central to employee experience.
Meghna also reflected on her leadership journey. She believes that vision, consistency, and authenticity form the foundation of effective leadership irrespective of gender. For her, empathy combined with strategic clarity has been essential to building IndiQube’s culture and long-term success.
She emphasized the importance of encouraging diversity and inclusion in the workplace and highlighted how broader representation in leadership can shape organizational culture in meaningful ways.
Meghna’s message to aspiring entrepreneurs and leaders is clear:
“Build with purpose, adapt relentlessly, and stay anchored in long-term thinking.”
IndiQube’s journey demonstrates the power of combining vision, resilience, and innovation. As the company moves toward new geographies, SaaS expansion, and potential IPO plans, the focus remains on creating workspaces that grow with businesses, not against them.
For the full interview and insights, read the original article: IndiQube’s Meghna Agarwal On Scaling 100+ Properties And the Future Of Workspaces.
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