Redefining Workspaces for Future

economictimes.indiatimes.com:

Combining profitability and scalability, Meghna Agarwal challenges traditional norms, steering IndiQube towards innovative solutions in workspace design, technology, and employee-centric services.

Mayura Shanbaug

In an industry often dominated by hyper-funded, high-growth startups, Meghna Agarwal, Co-founder, IndiQube, has crafted a unique path. With 7.2 million square feet of operational area across 14 cities, 100 centers, and 600 employees, IndiQube recorded a top line of ₹850 crores for FY24. Agarwal takes pride in the company’s financial health, being EBITDA-positive from the outset. “We are a high-growth startup with profitability – defying the conventional wisdom that growth and profitability can’t coexist,” she asserts.

A Philosophy Rooted in Experience

For Agarwal, the key to success lies in delivering a holistic experience. According to her, revenue naturally follows when employees are satisfied and the service is aligned with their needs. However, IndiQube's mission extends beyond profitability. “You don’t start a company just to earn money. You start to make an impact,” she says.

IndiQube’s approach revolves around its full-stack workspace solutions, ranging from plug-and-play setups to bespoke interior solutions through its IndiQube Canvas. This one-stop shop allows clients to experience and select office interior components, from carpets to lighting, tailored to their requirements.

Technology and Expansion

Technology is integral to IndiQube’s growth strategy. The company offers a three-tier tech stack integrating services like food, transport, and optimising air quality. The company also provides employee engagement tools, from 24/7 ticketing systems to workspace design insights. “Our model focuses on