Flipspaces, the commercial interior design startup, has secured ₹50 Crore (≈US$ 5.9 million) from Asiana Fund as part of a larger US$ 35 million funding round. Synergy Capital Partners, Iron Pillar, and a consortium led by Prashasta Seth also joined the round.
The fresh capital will fuel expansion across India, the US, and the UAE, bolster the startup’s proprietary tech platform, and support strategic acquisitions in new markets and adjacent sectors.
Kunal Sharma, Founder & CEO of Flipspaces, stated:
“The Asiana team’s 100+ years of collective experience in scaling operations and building customer-centric brands will be invaluable to Flipspaces.”
Jalaj Dani of Asiana Fund added that Flipspaces’ robust systems and processes have the potential to enhance efficiency and transparency in the commercial interiors space.
Apurva Patel, Managing Partner at Synergy Capital, welcomed Asiana Fund to the investor group and expressed enthusiasm for working closely to realize Flipspaces’ vision.
About Flipspaces
Founded in 2015 by Kunal Sharma, Ankur Muchhal, Vikash Anand, Mrinal Sharma, Prafful Sahu, and Ritesh Rajan, Flipspaces delivers end-to-end design-and-build solutions for commercial spaces, powered by its own tech platform offering space visualization, project management, and product sourcing tools.
