Flipspaces raises Rs 50 Cr from Asiana Fund

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Here’s the information extracted from the provided text about the startup Flipspaces:

Details of the Fundraising

  • Startup: Flipspaces
  • Founders:
    • Kunal Sharma
    • Ankur Muchhal
    • Vikash Anand
    • Mrinal Sharma
    • Prafful Sahu
    • Ritesh Ranjan
  • Funds: Asiana Fund
  • Funding Amount: Rs 50 crore (approximately $5.9 million)
  • Initial Fundraise: $35 million (raised last month)
  • Date of Fundraising: Specific date not mentioned, but the recent fundraise appears to be in October 2024 (as inferred from context).
  • Use of Funds:
    • Scale operations across India, the US, and the UAE
    • Strengthen proprietary technology platform
    • Evaluate strategic acquisitions in related sectors

Summary

Flipspaces is focused on providing full-stack interior design services and has shown impressive growth and operational efficiency, delivering over 8 million square feet of commercial space for more than 1,000 clients globally.

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2025-06-26 05:40:23