Flipspaces' core product is a proprietary tech suite that combines space planning, immersive VR walkthroughs, procurement, and end-to-end execution on a single platform. The platform is designed to deliver efficiency, transparency, and timely execution in a traditionally fragmented commercial design-and-build sector. The company says it has delivered over 1,000 projects spanning 8 million sq. ft., serving enterprises, startups, and SMEs across IT, retail, education, healthcare, and financial services. Flipspaces plans to use new capital to scale operations across India, the U.S., and the U.A.E., deepen supply-chain integration, and enhance its technology stack with AI-driven interventions. Strategic acquisitions in adjacent categories are also on the roadmap. Financially, Flipspaces reported operating revenue of Rs 190 crore in FY24 (a 90% increase from Rs 100 crore in FY23) and narrowed losses to Rs 8 crore in FY24 from Rs 19 crore in FY23; it has yet to file its annual report for FY25. Competitors include traditional interior design firms and tech-driven players like Livspace and Space Matrix. Flipspaces builds VR-based design and contracting products and operates a B2B SaaS vertical called Vizstore that lets furniture and furnishing brands virtualize the showroom experience. The product aims to reduce real estate costs and give consumers greater control of interior design and execution. The company targets the commercial interior design and build market and describes its core technology as a path-breaking platform for the interior-designing experience. Flipspaces says it will use new capital to grow its U.S. business and expand its newly launched SaaS offering. The Mumbai/New Delhi–based startup claims to have seen 25X growth in its U.S. business. It is also backed by Carpediem Capital.

Total raised

$52M

Funding rounds

2

Latest round

Series C

Latest activity

Sep 2025