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Flipspaces has raised USD 50 million (around INR 439 crore) in an expanded Series C funding round to strengthen and expand its operations in India, the US, and the UAE. The round included new investors CE-Invests, Panthera Growth Partners, and SMBC Asia Rising Fund, while early investor Carpe Diem exited. The funds will be used to enhance AI-led technology, improve supply chain integration, and support strategic acquisitions in related areas. Having completed over 1,000 projects spanning more than 8 million square feet, Flipspaces is building a technology-focused ecosystem in interior design with strong international growth potential.
Interior design startup Flipspaces has raised USD 50 million, roughly INR 439 crore, in an expanded Series C funding round to grow its business in India, the US, and the UAE. The round saw participation from new investors, including UAE-based CE-Invests, Singapore's Panthera Growth Partners, and Japan's SMBC Asia Rising Fund. Advertisement
The company stated that the capital will be used to scale operations in its existing markets, strengthen supply chain integration, and enhance its proprietary technology stack with AI-led solutions. Flipspaces also intends to make strategic acquisitions in related sectors as part of its growth plan.
The funding round enabled early-stage investor Carpe Diem to exit successfully. Flipspaces' Founder and CEO, Kunal Sharma, highlighted that the entry of new investors, alongside the continued support of existing ones, demonstrates the company's strong fundamentals and potential for global expansion. He added that Flipspaces is building a technology-first ecosystem that is changing the way interior design and building processes are approached worldwide.
Since its inception, Flipspaces has completed over 1,000 projects covering more than 8 million square feet across India, the US, and the UAE. The company has steadily grown its presence in the interior design sector, focusing on technology-driven solutions, efficiency, and global scalability.
Source PTI
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