Flipspaces, a technology-led interior design and build company, has raised $50 million in an expanded Series C funding round. The round saw participation from CE-Invests (UAE), Panthera Growth Partners (Singapore), and SMBC Asia Rising Fund (Japan), alongside existing investors Iron Pillar, Synergy Capital Partners, and Prashasta Seth. Early-stage investor Carpe Diem successfully exited through this transaction.
This comes after the company’s $35 million fundraise in May 2025, followed by Rs 50 crore ($5.5 million) from Asiana Fund in June, bringing Flipspaces’ Series C tally to over $90 million in three months.
Expansion and Strategy
The fresh capital will be deployed to expand operations across India, the U.S., and the U.A.E., strengthen supply chain integration, and enhance Flipspaces’ proprietary technology stack with AI-driven features. The company is also exploring strategic acquisitions in adjacent categories to consolidate its leadership.
Design-Tech Differentiation
Founded in 2015 by Kunal Sharma, Flipspaces leverages a proprietary tech suite that unifies space planning, immersive VR walkthroughs, procurement, and turnkey project execution. This integrated model addresses long-standing inefficiencies in the fragmented commercial design and build industry, delivering greater transparency and faster execution for clients.
Market and Growth
Flipspaces has delivered over 1,000 projects covering 8 million sq. ft., catering to enterprises, startups, and SMEs across sectors like IT, retail, education, healthcare, and financial services.
Financially, the company reported Rs 190 crore in operating revenue for FY24, marking a 90% jump from Rs 100 crore in FY23, while narrowing its losses to Rs 8 crore from Rs 19 crore.
With competitors such as Livspace and Space Matrix, Flipspaces is positioning itself as a global design-tech leader through innovation and scale.
With a strong capital base and tech-driven edge, Flipspaces is on track to redefine how businesses experience commercial spaces worldwide.
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