IndiQube’s IPO Litmus Test: Profitability Concerns Stand Out

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SUMMARY

Bengaluru-based IndiQube is betting on an asset-light model to stand out from key rivals — listed players Awfis and Smartworks as well as another IPO-bound company WeWork India

Most of IndiQube’s properties are based in its home city of Bengaluru, where the company has 15 centres, which is a concern given the wider coworking network of its closest rivals

With WeWork India set to join the public markets, IndiQube is soon likely to be the fourth-biggest player in the coworking space, with the worst profit margins of the lot…



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IndiQube’s IPO Litmus Test: Profitability Concerns Stand Out


SUMMARY

Bengaluru-based IndiQube is betting on an asset-light model to stand out from key rivals — listed players Awfis and Smartworks as well as another IPO-bound company WeWork India

Most of IndiQube’s properties are based in its home city of Bengaluru, where the company has 15 centres, which is a concern given the wider coworking network of its closest rivals

With WeWork India set to join the public markets, IndiQube is soon likely to be the fourth-biggest player in the coworking space, with the worst profit margins of the lot…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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