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Interior Design Startup Flipspaces Bags INR 50 Cr

  • Interior design startup Flipspaces has raised INR 50 Cr ($5.9 Mn) from Asiana Fund as a part of its $35 Mn funding round.
  • The fundraise will fuel Flipspaces' growth for expanding its presence across India, the US, and UAE, strengthening its tech stack, and enabling strategic acquisitions.
  • Flipspaces offers a tech-first interior design platform, competes with Livspace, HomeLane, and Bonito Designs, and aims to enter the UAE market.
  • The interior design software market is growing, with Flipspaces planning to go public by 2026 and attracting investor interest in tech-enabled design solutions.

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