CE-Invests, the strategic investment arm of Crescent Enterprises, announced its participation in the $50 million Series C funding round of Flipspaces, a leading interior design and commercial fit-out company with operations across India and the US.
Ghada Abdelkader, Senior Vice President at CE-Invests, stated that the investment reflects the firm’s vision to support ambitious companies leveraging transformative global trends, highlighting that the UAE will serve as a strategic hub for Flipspaces’ expansion into the Middle East and North Africa.
Founded in 2015, Flipspaces offers fully integrated commercial design solutions powered by technology, combining AI-driven design management, virtual reality walkthroughs, supply chain integration, and end-to-end execution.
According to the company, the newly raised capital will be used to scale operations in India, the US, and the UAE, strengthen supply chain integration, and enhance its proprietary technology stack with AI-driven innovations. The company also plans to pursue strategic acquisitions in adjacent categories, while the round enabled a successful exit for early investor Carpe Diem.
Kunal Sharma, Founder & CEO of Flipspaces, said:
“The entry of new investors alongside the continued faith of current ones underscores Flipspaces’ strong fundamentals and global growth potential. We are building not just a company, but a technology-first ecosystem that is reshaping the future of interior design and building globally.”
With a presence in India, the US, and the UAE, Flipspaces has successfully delivered over 1,000 projects covering more than 8 million square feet.
