About Flipspaces
Flipspaces is a Business Services company based in Mumbai (India) founded in 2011 by Ritesh Ranjan, Mrinal Vijaykumar Sharma, Ankur Muchhal, Vikash Anand, and Kunal Sharma. Provider of interior design, product supply, and project management services for facilities. It operates in the Business Services and Technology sectors. Flipspaces has raised $21.3 million across 11 funding rounds from investors including Dezerv, IIFL Finance and UC Inclusive Credit. The company has 292 employees. Flipspaces has completed 1 acquisition, including Renomania. Flipspaces was last valued at $26.83 million in April 2023. Its chief executive, as recorded, is Kunal Sharma. Its website flipspaces.com draws about 24 thousand monthly visits. Its Indian entity Flipspaces Technology Labs Private Limited reported revenue of ₹276 Cr. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Office Design Services and High Tech. Its competitors include Trezi, Officebanao and Foyr; 3 of its 3 listed competitors have raised funding.
Company details
Flipspaces was founded in 2011 in Mumbai, India, as a provider of integrated solutions for commercial spaces. Interior design services incorporating visualization technology are offered to clients. A supply chain ecosystem for interior products and construction materials is maintained. Project management is executed by combining operational expertise with supporting technology. Operations focus on facilities within the design and construction sector.
- Headquarters Mumbai, India
- Employees 292
- Founders Ritesh Ranjan, Mrinal Vijaykumar Sharma, Ankur Muchhal, Vikash Anand, Kunal Sharma
- Stage Minicorn
- SectorsBusiness ServicesTechnology
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website flipspaces.com
- Social LinkedIn X Facebook Instagram
- Legal Name Flipspaces Technology Labs Private Limited
- Date of Incorporation 08 Jul, 2015
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Flipspaces
Flipspaces operates through Flipspaces Technology Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Flipspaces Technology Labs Private Limited CIN U74999MH2015PTC266456 | Active | 08 Jul 2015 | Mumbai, Maharashtra | ₹276 Cr | 281 | 7 | View details |
Funding Insights of Flipspaces
Flipspaces has successfully raised a total of $21.3M across 11 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $21.3M
- Total Rounds 11
- First Round $1.92M
(Nov 2018)
- Investors Count 53
Latest 10 of 11 funding rounds of Flipspaces with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | Series C | – | – | ||
| Jun 2025 | $5.9M | Series C | – | – | |
| May 2025 | Series C | – | Iron Pillar | ||
| Sep 2023 | $4M | Series A | – | Prashasta Seth | – |
| Sep 2023 | Debt – Conventional | – | – | ||
| Apr 2023 | $990,600 | Series A | $26.83M | Dholakia Ventures, Shatalat Investment Sole Proprietorship | |
| Feb 2022 | $2.99M | Series A | $24.54M | Dezerv | |
| Jun 2021 | $2M | Series A | $••••• | Gursimranbir Singh, Prashasta Seth | |
| Nov 2019 | $1.15M | Debt – Venture | – | – | |
| Dec 2018 | $3.5M | Series A | $••••• | Carpediem Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2023 | $26.83M | •••••••• |
| Feb 2022 | $24.54M | •••••••• |
| Jun 2021 | $••••• | •••••••• |
| Dec 2018 | $••••• | •••••••• |
Full valuation and stage history of Flipspaces
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $26.83M (Apr 2023). 53 investors in total: 25 institutional and 28 angel.
Investors in Flipspaces
Flipspaces has secured backing from 53 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dezerv, IIFL Finance and UC Inclusive Credit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth capital provision and investment services for tech entrepreneurs across multiple locations. | 2016 | ironpillarfund.com | Ebene City, Mauritius | |
Minority stakes are invested in early-growth stage companies. | synergycapital.fund | Mumbai, India | ||
Investing in pre-seed to Series A startups across various sectors in India. | 2020 | dholakiaventures.com | Surat, India | |
Private equity investments in Indian SMEs focusing on consumption opportunities and growth capital provision. | 2018 | carpediem-capital.com | Mumbai, India | |
Venture capital fund focused on tech startups | Mumbai, India | |||
Investment in public and private markets in India, including equity, debt, and real estate. | 2021 | mgaventures.in | Mumbai, India | |
Venture capital investment in AI, machine learning, and healthcare tech-startups | ||||
Single family office services are provided for Nisa Godrej. | Ahmedabad, India | |||
Venture capital fund investing in real estate tech startups | Mumbai, India | |||
Venture capital investments are provided to early-stage startups. | asianafund.com | Mumbai, India |
Investor details for Flipspaces
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Board of directors of Flipspaces Technology Labs Private Limited (Flipspaces)
Flipspaces Technology Labs Private Limited is the primary company behind Flipspaces. The board of Flipspaces Technology Labs Private Limited currently have 7 directors; the longest-serving is Vikash Anand, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikash Anand DIN 05197026 | Director | 12 Oct 2017 | 9 yrs | Flipspaces Technology Labs Private Limited |
| Mrinal Vijaykumar Sharma DIN 05257458 | Director | 12 Oct 2017 | 9 yrs | Flipspaces Technology Labs Private Limited |
| Kunal Sharma DIN 02743866 | Director | 18 May 2018 | 8 yrs 5 mo | Flipspaces Technology Labs Private Limited |
| Ankur Muchhal DIN 02749448 | Director | 12 May 2025 | 1 yr 5 mo | Flipspaces Technology Labs Private Limited |
| Ashok Ananthakrishnan DIN 02985891 | Nominee Director | 23 May 2025 | 1 yr 5 mo | Flipspaces Technology Labs Private Limited |
| Subramanian Venketakrishnan DIN 10162796 | Nominee Director | 16 Sep 2025 | 1 yr 1 mo | Flipspaces Technology Labs Private Limited |
| Rikin Kapadia DIN 09211864 | Nominee Director | 24 Feb 2026 | 8 mo | Flipspaces Technology Labs Private Limited |
People of Flipspaces
39 people are tracked at Flipspaces (22 in leadership, 17 in team); the tracked headcount is 292.
| Name | Role | Group |
|---|---|---|
Ritesh Ranjan | Co-Founder & CPO & Head of Product | Leadership |
| Co-Founder & Head of Operations | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & Head of Sales & Marketing | Leadership | |
| Co-Founder & CEO | Leadership | |
Neha Singh | Head of Global | Leadership |
Ashish Kumar | Head of Operations, West | Leadership |
Kannan Thangaraj | Head Central Supply Chain Mumbai | Leadership |
Prafful Sahu | Head of Technology, Mumbai | Leadership |
Abhijeet Pawar | Head of Sales | Leadership |
| Co-Founder & Head of India Operations, Mumbai | Leadership | |
Samip Supe | Assistant Vice President - Founder's Office | Leadership |
Yamini Shah | Sr Manager - Founder's Office | Leadership |
Shadab Kazi | Head Of Service Delivery | Leadership |
Abhinav Yadav | General Manager Business Development | Leadership |
Yatin Sharma | Assistant General Manager - Business Development | Leadership |
Hemanth Nallamala | Deputy General Manager Business Development | Leadership |
Atul Katiyar | Business Unit Head | Leadership |
Ashish Sharma | Head of Operations, South India Design & Build Bangalore | Leadership |
Varun Shetty | Head - West | Leadership |
19 more people are available in the full profile.
Complete people profiles for Flipspaces
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Financials of Flipspaces
Figures of Flipspaces Technology Labs Private Limited, the primary company behind Flipspaces, for FY 2025. Revenue was ₹276 Cr (+67% year on year). Net profit was ₹3.82 Cr (1% margin). EBITDA was ₹13.50 Cr (4% margin).
- ₹276 CrRevenue · FY 2025 · +67% YoY
- ₹3.82 CrNet profit · 1% margin
- ₹13.50 CrEBITDA · 4% margin
- ₹42.6 LakhPaid-up capital
- 281Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Flipspaces Technology Labs Private Limited are on its company page.
Detailed financial statements for Flipspaces
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Flipspaces
Flipspaces has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Renomania.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Home designs, interior designers, and products are discovered online. | renomania.com | Delhi, India | 2014 | May 2022 | •••• |
Complete acquisition details for Flipspaces
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Timeline of Flipspaces
5 dated milestones of Flipspaces across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Flipspaces is founded.
- Funding First funding round of $1.9M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Renomania.
- Funding Latest funding round, Series C,.
Competitors of Flipspaces
Flipspaces has 3 listed competitors in our database, 3 of them funded. They include Trezi, Officebanao and Foyr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trezi.com | 2014 | Noida, India | $6.51M | 42 | Immersive AR/VR platform for collaborative design is developed. | |
| officebanao.com | 2021 | Gurugram, India | $9.62M | 175 | Provider of technology-driven solutions for office interior designing | |
| foyr.com | 2014 | Hyderabad, India | $5.86M | Provider of cloud-based interior design software platform |
Detailed competitors of Flipspaces
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Web traffic of Flipspaces
The website of Flipspaces (flipspaces.com) receives about 24.5K visits a month and ranks #1,213,106 among all websites worldwide, #9,884 in Business Services.
- Monthly visits24.5K
▼ 1.7% vs previous month
- Unique visitors11.3K
per month
- Global rank#1,213,106
among all websites
- Category rank#9,884
Business and Consumer Services · Business Services
- Bounce rate71%
- Pages per visit1.7
- Average visit49 sec
- DevicesDesktop 34% · Mobile 66%
Websites whose visitors overlap most with Flipspaces. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
phidesigns.in | phidesigns.in | 100% | #2,202,484 | – | |
| jll.co.in | 82% | 57.8K | #536,269 | View details | |
chalkstudio.design | chalkstudio.design | 54% | #2,073,735 | – | |
| decorpot.com | 53% | 237.3K | #226,921 | View details | |
| interiorcompany.com | 53% | 680.7K | #212,030 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Flipspaces
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Related news about Flipspaces
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Frequently Asked Questions about Flipspaces
Flipspaces was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Flipspaces is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kunal Sharma is the CEO of Flipspaces, as recorded in our data. They have also founded this company.
Flipspaces is a funded company, having raised a total of $21.3M across 11 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Nov 2018.
Flipspaces has 292 employees.
The primary company behind Flipspaces, Flipspaces Technology Labs Private Limited, reported revenue of ₹276 Cr for FY 2025, up 67% year on year.
Flipspaces was founded in 2011 in Mumbai, India, as a provider of integrated solutions for commercial spaces. Interior design services incorporating visualization technology are offered to clients. A supply chain ecosystem for interior products and construction materials is maintained. Project management is executed by combining operational expertise with supporting technology. Operations focus on facilities within the design and construction sector.
Flipspaces's top competitors include Officebanao, Foyr and Trezi.
Flipspaces has made 1 acquisition, including Renomania.
Flipspaces has 53 investors. Key investors include Dezerv, IIFL Finance, UC Inclusive Credit, Iron Pillar, and Dholakia Ventures.
The valuation of Flipspaces is $26.83M as of Apr 2023.
Flipspaces operates through Flipspaces Technology Labs Private Limited.