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.