Interior design startup Flipspaces has successfully raised $35 million (approximately INR 295.8 crore) in a funding round led by Iron Pillar. This round included both primary and secondary capital, marking a significant milestone for the company. Early investor Carpediem exited during the round, while existing backers Prudent Investment Managers and Synergy Capital also participated.
The fresh infusion of funds will fuel Flipspaces’ ambitious plans to expand operations across India, the United States, and the UAE. The startup, which has already achieved profitability in India and the US, leverages a tech-driven platform to cater to SMBs and enterprises in the commercial interior design space.
In addition to geographic expansion, Flipspaces aims to enhance its technology offerings and bolster its brand presence. The company is also exploring potential acquisitions to tap into new markets and strengthen its position as a leader in the commercial interior design industry.
This funding marks a pivotal moment for Flipspaces, reflecting investor confidence in its business model and growth trajectory. The startupโs innovative approach and strategic vision continue to redefine the commercial interior design landscape.
