Flipspaces, a commercial space design platform, has successfully raised $35 million in primary and secondary capital, led by tech growth investor Iron Pillar, alongside existing investor Prudent Investment Managers and new partner Synergy Capital. The funds will be utilized to accelerate growth in India, the US, and UAE, enhance Flipspaces' technology and brand presence, and explore inorganic growth opportunities in new markets and related sectors.

"We identified a large and expanding market hindered by inefficiencies due to fragmented supply chains, operational complexities, and limited technology adoption. Flipspaces has achieved $40 million in revenue efficiently. With their tech-first platform encompassing design, supply chain, and project management, we believe they are well-positioned to establish a leading presence in India, the GCC, the USA, and other global markets," stated Ashok Ananthakrishnan, Partner at Iron Pillar.

Founded in July 2015 by Kunal Sharma, Ankur Mucchal, Vikash Anand, Mrinal Sharma, Prafful Sahu, and Ritesh Rajan, the Mumbai-based startup provides a fully integrated, tech-driven design and build solution for commercial interiors, catering to both SMBs and large enterprises. Unlike traditional competitors, Flipspaces streamlines costs, time, and quality through a comprehensive platform, with operations in India, the US, and now the UAE.

Kunal Sharma, Founder and CEO of Flipspaces, expressed, "We are building a technology-led brand to transform the customer experience in commercial design and build globally. Our focus is on scaling rapidly and sustainably through a replicable, tech-powered delivery model that balances growth with profitability. We are grateful to our investors for their support and excited for the future. This journey is just beginning." The funding round also marks an exit for early-stage investors Carpediem, with BDA Partners serving as exclusive advisors for this fundraising effort.