Flipspaces Expands Horizons with $50 Million Boost: A New Era in Interior Design
Interior design startup Flipspaces secured $50 million in Series C funding to enhance business operations in India, the US, and the UAE. The funding will focus on supply chain integration, AI-driven tech upgrades, and strategic acquisitions. This round marks the exit of early investor Carpe Diem.
- Country:
- India
Flipspaces, an avant-garde startup in the realm of interior design, announced raising a significant $50 million in its expanded Series C funding round, a move poised to accelerate its business operations in India and internationally.
The funding round attracted fresh investments from UAE's CE-Invests, Singapore's Panthera Growth Partners, and Japan's SMBC Asia Rising Fund. This cash injection will be pivotal in deepening supply chain integration, enhancing its AI-driven technology stack, and paving the way for strategic acquisitions in adjacent sectors.
The conclusion of this round also witnessed the successful exit of early-stage investor Carpe Diem, signaling robust investor confidence in Flipspaces' global growth prospects, as highlighted by its CEO, Kunal Sharma.
(With inputs from agencies.)
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- Flipspaces
- interior design
- funding
- Series C
- AI technology
- global expansion
- UAE
- US
- India
- acquisitions
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