Flipspaces Raises ₹50 Cr in Fresh Round Led by Asiana Fund

Commercial interior design startup Flipspaces has secured ₹50 crore ($5.9 million) from Asiana Alternative Investment Fund, as part of a larger $35 million round. The round also saw participation from Synergy Capital Partners LLP, Iron Pillar, and a consortium led by Prashasta Seth.

The Mumbai-based startup will use the funds to expand across India, the US, and the UAE, while also investing in its proprietary tech stack and exploring strategic acquisitions in adjacent sectors.

What Flipspaces Does

Flipspaces offers a full-stack interior design and build platform for commercial spaces think offices, retail, and hospitality. It integrates space visualization, project execution, and furniture sourcing through its in-house tech.

Who’s Behind Flipspaces?

Founded in 2015 by Kunal Sharma, Ankur Muchhal, Vikash A., Mrinal Sharma, Prafful Sahu, and Ritesh Rajan, the startup aims to bring efficiency and transparency to the massive commercial interior space.

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