A cascade iridium‐catalysed oxindole synthesis was achieved using pyridyl‐protected anilines and bis(2,2,2‐trifluoroethyl) 2‐diazomalonate. The developed protocol is simple and scalable, and has a broad scope and excellent regioselectivity. The pyridyl directing group can easily be removed. The method was further extended to give C‐7‐functionalized oxindole derivatives in a straightforward manner. The role of bis(2,2,2‐trifluoroethyl) 2‐diazomalonate for oxindole preparation has been explored.