OfficeBanao, a firm in office interiors, has received $6 million in initial funding from Lightspeed, a renowned multi-stage venture capital fund. With an end-to-end solution spanning the stages of design, procurement, and execution, it uses technology to completely alter the office development experience. The business intends to make use of the funding and cooperation to expand its team's technology and design and growth capabilities platform.

Founded in January 2022 by Tushar Mittal, and co-founded by Akshya Kumar, and Divyanshu Sharma, OfficeBanao is a platform for designers, architects, contractors, office furniture, and material suppliers providing an entire array of commercial interiors. It works on small office projects of Rs 10 lakh to large offices and enterprises, as high as Rs 5 crore and more. OfficeBanao is already present in more than 15 cities across the country in a short span of time. It is focused on enabling small business owners and start-ups in their quest for productive and aesthetic workspaces.

Tushar Mittal, founder and CEO of OfficeBanao, "the market is unstructured, opaque, and so under-served, that we feel only a tech-led strategy can assist give a wonderful experience to workspace owners." We think we can create a highly successful business by investing in technology, the supplier ecosystem, the product platform, and a fantastic workforce.

The startup will also concentrate on developing a stronger on-the-ground presence in the top 25 markets over the next months. It would serve clients ranging from tiny to very large businesses. It would make investments in the fulfilment of customers and a solid network of partners for execution, equipping them with tools for technology, purchasing, and processes.

Rahul Taneja, Partner, Lightspeed, stated that "OfficeBanao is committed to creating a substantial difference in how workspaces are established in India." "The team is best positioned to disrupt the existing opaque and subpar experience that plagues the sector today," according to the depth of experience and supplier network.

OfficeBanao said that because to an interactive visual design process and related visibility of costs and budgets, designs that would typically take three weeks can now be completed in a single day. As a result, both customers and service providers experience a seamless journey. Tushar Mittal now wants to enable entrepreneurs in the office interior ecosystem across a variety of service offerings and locations with the aid of OfficeBanao and his experience.