Tech-driven interior design firm Flipspaces is eyeing aggressive growth, aiming to become a ₹1,000 crore revenue company by FY27 while maintaining profitability at both Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) and Profit Before Tax (PBT) levels. The company has been growing at a Compound Annual Growth Rate (CAGR) of 60-65% over the past four years, described as among the highest in its sector post-pandemic.
Backed by $50 million in fresh funding, Flipspaces plans to expand its presence across India, the US, and the UAE. The company intends to unlock additional states and cities in these regions, with the UAE emerging as a key growth market. Flipspaces is also investing in Artificial Intelligence (AI)-driven technology to transform design and project management. This includes developing AI-blended products that can generate 3D visualizations of office spaces through simple text or voice prompts, seamlessly integrated with supply chain systems.
The company is also focusing on strategic acquisitions, considering targets in existing categories but in new geographies, and firms in adjacent segments such as healthcare and education interiors. Flipspaces plans to take a mix of build-and-buy approaches in these markets.
“We are developing AI-blended, tech-led products aimed at transforming both design and project management,” said Kunal Sharma, Founder & CEO, Flipspaces. “The future could see 3D visualisations of office spaces generated through simple text or voice prompts, seamlessly integrated with supply chain systems.”
