Flipspaces Raises USD 50M to Fuel Global Expansion

Interior design technology startup Flipspaces has raised USD 50 million (approximately INR 439 crore) in its extended Series C funding round, with new investment from CE-Invests (UAE), Panthera Growth Partners (Singapore), and SMBC Asia Rising Fund (Japan).

The funds will be utilized by the company to scale operations in India, the US, and the UAE, enhance supply chain integration, and augment its AI-based proprietary technology stack.

The firm also reported that this round enabled early-stage investor Carpe Diem's exit, a milestone for its maturity and investor trust.

Flipspaces stated that the capital will enable strategic acquisitions in adjacent segments, a reflection of its overall vision to transform the global interiors ecosystem using technology.

Key Higlights:

• Flipspaces raised USD 50 million (RS. 439 crore) in an extended Series C round with new participation from CE-Invests (UAE), Panthera Growth Partners (Singapore), and SMBC Asia Rising Fund (Japan)
• The funding will drive global expansion in India, the US, and the UAE, enhance AI-led proprietary tech, and support strategic acquisitions in adjacent segments
• Early-stage investor Carpe Diem exited successfully, marking a maturity milestone and reinforcing investor confidence in Flipspaces' long-term growth model

Founder and CEO Kunal Sharma described the latest investment as a strong validation of Flipspaces' growth path and business model. "The investment by new investors while the existing ones renew their trust is a testament to Flipspaces' robust fundamentals and international growth prospects. We are creating not only a company, but a technology-led ecosystem that is revolutionizing the future of interior design and construction worldwide.” he said.

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With operations in India, the US, and the UAE, Flipspaces already has over 1,000 projects delivered, spanning over 8 million square feet.

Using virtual reality, data-driven space planning, and integrated project management tools, the company provides end-to-end interior design solutions for commercial and institutional clients.