Flipspaces, a leading Indian technology-enabled commercial interior design and build company, has successfully raised $35 million in a funding round that includes both primary and secondary capital.
The round was led by Iron Pillar, with continued support from Prudent Investment Managers and new participation from Synergy Capital, reflecting growing investor confidence in the company’s global potential.
Founded in 2015, Flipspaces leverages technology to transform the interior design experience for businesses, especially small and medium-sized enterprises (SMEs), which account for approximately 60% of the commercial design and build market.
The company offers an integrated platform that combines 3D visualization tools, real-time project tracking, an internal product catalog, a curated vendor marketplace, and turnkey project execution.
Headquartered in Mumbai, Flipspaces plans to utilize the newly raised capital to:
- Expand operations in India, the United Arab Emirates, and the United States.
- Enhance its proprietary technology platforms to deliver a more seamless, transparent, and efficient client experience.
- Strengthen its brand presence in new and existing markets.
- Explore adjacent product categories and untapped geographies to diversify its offerings and grow market share.
Ashok Ananthakrishnan, Partner at Iron Pillar, stated:
“We believe Flipspaces is well-positioned to build a leading franchise across India, the GCC, and the United States. Their tech-first approach to design and build has the potential to redefine the customer experience globally.”
Flipspaces has built its reputation around a digital-first model, empowering clients to visualize, track, and execute commercial interior projects with efficiency and clarity. Its AI-backed platform enables business owners to design office, retail, and institutional spaces using immersive 3D rendering, while also offering digital procurement and project monitoring.
Kunal Sharma, Co-founder and CEO of Flipspaces, commented:
“At Flipspaces, we’re creating a global brand that leverages cutting-edge technology to reimagine how commercial interior projects are delivered. This funding validates our vision and gives us the momentum to scale sustainably while continuing to enhance the client experience.”
Flipspaces’ focus on SMEs places it in a strong position to cater to the evolving needs of a large and growing customer base, particularly in emerging and high-growth markets. The company’s integrated approach reduces friction in the design-build process and enables faster project delivery with transparent cost structures.
With a strong leadership team comprising Kunal Sharma, Ankur Muchhal, Vikas Anand, Mrinal Sharma, Praful Sahu, and Ritesh Rajan, Flipspaces is poised to capitalize on global opportunities as it builds a next-generation platform for commercial space transformation.
