About Officebanao
Officebanao is a company based in Gurugram (India) founded in 2021 by Akshya Kumar, Jegan M V Murugan, and Tushaar Mittal.. Officebanao has raised $9.62 million across 6 funding rounds from investors including Lightspeed Venture Partners, Alteria Capital and Lightspeed India. The company has 171 employees as of March 27, 2024. Officebanao operates in a competitive market with competitors including Flipspaces, 91Squarefeet, Hidecor, MyGenie and Corporate Interiors, among others.
- Headquarter Gurugram, India
- Employees 171 as on 27 Mar, 2024
- Founders Akshya Kumar, Jegan M V Murugan, Tushaar Mittal
- Stage Minicorn
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Sectors
Business Services
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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 Swash Tech Solutions Private Limited
- Date of Incorporation 13 Oct, 2021
- Jurisdiction Haryana, Haryana, India
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Annual Revenue
$2.61 M (USD)376.43as on Mar 31, 2023
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Net Profit
$-700.02 K (USD)-4935.05as on Mar 31, 2023
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EBITDA
$-594.23 K (USD)-2885.19as on Mar 31, 2023
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Total Equity Funding
$9.62 M (USD)
in 6 rounds
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Latest Funding Round
$3.34 M (USD), Seed
May 20, 2025
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Investors
Lightspeed Venture Partners
& 6 more
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Employee Count
171
as on Mar 27, 2024
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Funding Insights of Officebanao
Officebanao has successfully raised a total of $9.62M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $3.34 million completed in May 2025. 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 Total Funding
- Total Rounds 6
- Last Round Seed — $3.3M
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First Round
First Round
(30 Mar 2023)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Seed - Officebanao | Valuation | Lightspeed Venture Partners | |
| Apr, 2025 | Amount | Angel Round - Officebanao | Valuation | Ajit Mohan |
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| May, 2024 | Amount | Debt – Venture - Officebanao | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Officebanao
Officebanao has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, Alteria Capital and Lightspeed India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture debt funding and structured finance for innovative startups in India.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative startups across technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Officebanao
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Officebanao
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Officebanao Comparisons
Competitors of Officebanao
Officebanao 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 Flipspaces, 91Squarefeet, Hidecor, MyGenie and Corporate Interiors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of interior design, product supply, and project management services for facilities
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| domain | founded_year | HQ Location |
Design and build services for commercial interior spaces are provided.
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| domain | founded_year | HQ Location |
Offers office interior design, build, and renovation services worldwide.
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| domain | founded_year | HQ Location |
Provider of AI-driven commercial fitout solutions, including office design, construction, and manufacturing services
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| domain | founded_year | HQ Location |
Offers turnkey interior design and build solutions for offices, industrial, and institutional projects.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Officebanao
Frequently Asked Questions about Officebanao
When was Officebanao founded?
Officebanao was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Officebanao located?
Officebanao is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Officebanao?
Tushaar Mittal is the current CEO of Officebanao. They have also founded this company.
Is Officebanao a funded company?
Officebanao is a funded company, having raised a total of $9.62M across 6 funding rounds to date. The company's 1st funding round was a Debt – Venture of $1.92M, raised on Mar 30, 2023.
How many employees does Officebanao have?
As of Mar 27, 2024, the latest employee count at Officebanao is 171.
What is the annual revenue of Officebanao?
Annual revenue of Officebanao is $2.61M as on Mar 31, 2023.
What does Officebanao do?
Provider of technology-driven solutions for office interior designing. It provides users with a technology-driven platform that is transforming the office interior designing experience by providing AI-powered space planning, 3D walkthroughs, and real-time collaboration. The company operates as a technology-driven solution for office interior designing. It helps in the process for designing, maintaining, and managing workspaces.
Who are the top competitors of Officebanao?
Officebanao's top competitors include Flipspaces, 91Squarefeet and MyGenie.
Who are Officebanao's investors?
Officebanao has 7 investors. Key investors include Lightspeed Venture Partners, Alteria Capital, Lightspeed India, Ajit Mohan, and Apurva Chamaria.
What is Officebanao's valuation?
The valuation of Officebanao is $49.37M as of May 2025.