About Flipspaces
Flipspaces is a company based in Mumbai (India) founded in 2011 by Ritesh Ranjan, Mrinal Vijaykumar Sharma, Ankur Muchhal, Vikash Anand, and Kunal Sharma. 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 as of October 17, 2024. Flipspaces has completed 1 acquisition, including Renomania. Flipspaces operates in a competitive market with competitors including Matterport, Trezi, Officebanao, iStaging and Spacely, among others.
- Headquarter Mumbai, India
- Employees 292 as on 17 Oct, 2024
- Founders Ritesh Ranjan, Mrinal Vijaykumar Sharma, Ankur Muchhal, Vikash Anand, Kunal Sharma
- Stage Minicorn
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Sectors
Business ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Flipspaces Technology Labs Private Limited
- Date of Incorporation 08 Jul, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$10.46 M (USD)28.47as on Mar 31, 2023
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Net Profit
-$1.84 M (USD)-338.82as on Mar 31, 2023
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EBITDA
-$1.14 M (USD)-1691.7as on Mar 31, 2023
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Total Equity Funding
$21.3 M (USD)
in 11 rounds
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Latest Funding Round
Not available
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Investors
Dezerv
& 52 more
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Employee Count
292
as on Oct 17, 2024
- Investments & Acquisitions
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People of Flipspaces
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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.
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.
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Growth capital provision and investment services for tech entrepreneurs across multiple locations.
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Minority stakes are invested in early-growth stage companies.
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Investing in pre-seed to Series A startups across various sectors in India.
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Investor details for Flipspaces
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Investments & Acquisitions by Flipspaces
Flipspaces has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Renomania.
Investment portfolio details for Flipspaces
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Home designs, interior designers, and products are discovered online.
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Complete acquisition details for Flipspaces
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Financial Statements - Flipspaces
Detailed financials for Flipspaces
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Flipspaces Comparisons
Peer comparison for Flipspaces
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Competitors of Flipspaces
Flipspaces operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Matterport, Trezi, Officebanao, iStaging and Spacely, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of cloud and AI-based virtual tour solutions for construction professionals
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Immersive AR/VR platform for collaborative design is developed.
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Provider of technology-driven solutions for office interior designing
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Augmented and virtual reality platforms are built online for businesses.
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Developer of AI-enbaled virtual reality solutions for real estate and construction projects
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Detailed competitors of Flipspaces
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Latest news on Flipspaces
Complete news archive for 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 current CEO of Flipspaces. They have also founded this company.
Flipspaces is a funded company, having raised a total of $21.3M across 11 funding rounds to date.
As of Oct 17, 2024, the latest employee count at Flipspaces is 292.
Annual revenue of Flipspaces is $10.46M as on Mar 31, 2023.
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 Matterport, Officebanao and iStaging.
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.