Flipspaces, a startup offering technology-led design and build solutions for commercial interiors, has raised Rs 50 crore in funding from Asiana Fund. The investment is expected to support the company’s expansion plans across India, the United States, and the UAE.
This funding follows a previous round in May, during which Flipspaces raised approximately Rs 297 crore (USD 35 million) from other investors.
Asiana Fund, which is backed by Jalaj Dani—one of the promoters of Asian Paints—joins the cap table with this latest investment. The capital infusion will be used to strengthen Flipspaces’ proprietary technology stack, enhance operational capabilities, and explore inorganic growth across new geographies and adjacent sectors.
In a statement, Kunal Sharma, Founder and CEO of Flipspaces, noted that the operational experience and strategic guidance from the Asiana Fund team would provide significant value to the company’s leadership as it enters the next phase of growth.
Launched in 2015, Flipspaces caters to enterprises, startups, and small-to-medium businesses that require adaptive and future-ready workspace design.
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By Proptechbuzz
By Ravi Kumar