Flipspaces interior design startup lifted its ambitions and expanded its reach by securing a fresh round of $15 million funding, adding up to a powerful $50 million Series C milestone. The latest round attracted new major investors CE-Invests from the UAE, Panthera Growth Partners from Singapore, and SMBC Asia Rising Fund from Japan, while Carpe Diem, an early-stage investor, successfully exited the venture. Just earlier, a robust $35 million had already been infused in May by trusted names such as Iron Pillar, Prudent Investment Managers, and Synergy Capital.
Anchored in its tech-driven approach, Flipspaces plans to use the capital to scale up operations in India, the US, and the UAE, while strengthening an agile supply chain and boosting its proprietary technology stack with advanced AI integration. There's a keen eye on strategic acquisitions, targeting synergies in adjacent categories to further drive innovation.
Investor confidence in Indian proptech is surging. Livspace, another standout home decor startup, raised $50 million in April from its Singapore parent. Early-stage momentum is strong too: Landeed (Hyderabad) garnered $5 million in January, Lighthouse PropTech secured $1 million in March, and Spintly (Accel-backed) pulled in Rs 3.5 crore led by Spyre VC in January.
Flipspaces' model is now set for even greater expansion, leveraging capital and innovation to transform commercial interiors globally. This marks a new era for proptech investments in the region, signaling growing appeal for scalable, tech-powered real estate solutions.
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