Bengaluru-based IndiQube reports that 40% of its clients are now medium or large international companies, reflecting a broader trend across India’s coworking sector away from freelancers and startups toward Global Capability Centres (GCCs). According to UnearthInsight data, the GCC-driven coworking market in India will grow from $110M in 2025 to $1.2-1.7B by 2030, with operators like BuzzWorks (16 locations across 5 cities) seeing demand from European pharmaceutical companies, Japanese apparel brands, and manufacturing firms.

Coworking has proven itself to be the best solution to provide the "fastest, least risky way" to enter the Indian market rather than immediately investing in long-term real estate.

IndiQube announced a large USD funding round to expand into tier II cities across India and to ramp up technology integration. Meghna Agarwal, a cofounder at the firm, accredited an acceleration in adoption to the pandemic.

They currently operate spaces in 60 properties in 8 cities.