Flipspaces Secures $35M to Fuel UAE Expansion in Interior Design Tech

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Flipspaces secured $35 million from investors like Iron Pillar and Synergy Capital for expansion.
The funding will enhance their tech platform and business operations in India, the US, and UAE.
Founded in 2015, Flipspaces offers complete interior design solutions through one digital platform.
Having success in India and the US, Flipspaces is now targeting the UAE commercial market.
Carpediem cashed out its investment, with BDA Partners advising on the funding round.
Well, it seems India's Flipspaces has got itself a generous slice of pie, landing $35 million in a fresh round of funding. Big hitters such as Iron Pillar, Prudent Investment Managers, and Synergy Capital chipped in to boost the company's expansion plans across India, the US, and particularly into the buzzing commercial hub of the UAE.
These new funds will be funnelled directly into beefing up their tech platform, broadening business operations, and dipping into exciting growth opportunities ahead. Flipspaces, if you're not familiar, has been around since 2015 and was founded by Kunal Sharma and his team. They're all about bringing complete interior design solutions to the commercial world, taking care of everything from initial sketches to managing full-on projects—all through one neat digital platform.
Companies ranging from mid-sized ventures to smaller outfits make up a sizeable chunk of Flipspaces’ market, and they've swiftly positioned themselves as the go-to guys for businesses looking to smarten up their spaces without the usual hassle. Having established a solid base in India and also the US, they're now eyeing up the UAE—a market known regionally as a hotspot for commercial real estate. It's a move that only makes sense, right?
Interestingly, this latest funding round also involved Carpediem—the first investor in Flipspaces—cashing out of its investment, while BDA Partners exclusively advised on the round itself.
I wouldn't be surprised to see Flipspaces offices popping up in Dubai soon enough. From what Arageek readers often say, the UAE is a dynamic and demanding market, perfectly suited for a company with Flipspaces' agile tech approach.
Either way, keep an eye on these guys—I reckon we'll see some interesting things coming soon from Flipspaces in the heart of the Emirates.
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