Interior Design Startup Flipspaces raises $1.5 Million in Venture Dept Funds
Mumbai based tech. enabled commercial interior design and build startup Flipspaces, has raised a venture dept funding round worth $1.5 million from Unitus Capital Inclusive Credit (UCIC) and Alex Group of Companies. Founded by Kunal Sharma and Ankur Muchaal in 2015, Flipspaces is a virtual reality tech.based design and contracting venture for SME's, Startups and co-working spaces.
Flipspaces is hoping to utilize the funds towards the growth of domestic units, expansion of its operations globally, and enhancement of VR technology for
Co-founder and Managing Director of Unitus Capital Inclusive Credit, the chief investor in the current rounds of venture dept funds further added: "Having invested in a few early stage startups, there is greater scope and potential in Flipspaces in how they help brands across different sectors to freezing an office space mapped as per a suitable location, budget, and aspirations with the help of structured tech and data-driven approach in a cost-effective manner with great conceptualization and execution".
Since its launch in 2015, Flipspaces has revamped more than 3 million square feet of commercial spaces for various prominent MNC's like BSH, Times of India, Aditya Birla and new age startups like Razorpay, Nobroker, Bounce, and PlaySimple Games.