Interior-design startup Flipspaces raises $2 mn in pre-series-B round

08 Sep 2021 CW Team

An interior-design tech startup, Flipspaces has raised $2 million in a pre-series-B round from a consortium led by Prashasta Seth, ex-CEO, India Infoline Finance Limited (IIFL) Asset management company (AMC).

The round witnessed participation from family groups and high net worth individuals (HNIs). Flipspaces is also backed by Carpediem Capital, growth-stage private equity (PE) fund for mid-sized ventures.

The company intends to utilise the funds to drive US vertical growth and increase its newly launched software as a service (SAAS) vertical.

The company has been naturally a profitable business due to its strong unit economics and thus has a long runway with this funding. However, the company continues to engage with like-minded investors who believe in the company's vision and look to partner with us for outsized results in the long term, said Kunal Sharma, founder, and CEO of Flipspaces.

The company has kept furthering our differentiation by tech-enablement in all verticals of business while maintaining a sharp focus on profitability which has supported the company tide through hard times of Covid-19 infused shut-down, Vikash Anand, co-founder, and Head of Business Development.

Image Source

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..