Officebanao

Gurugram, India Founded: 2021 • Age: 5 yrs Minicorn
Provider of technology-driven solutions for office interior designing

About Officebanao

Officebanao is a Business Services 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. Officebanao was last valued at $49.37 million in May 2025. Its chief executive, as recorded, is Tushaar Mittal. Its website officebanao.com draws about 17 thousand monthly visits. Its Indian entity Swash Tech Solutions Private Limited reported revenue of β‚Ή139 Cr. Its focus areas include Real Estate and Construction Tech, Facility Management Tech and Office Design Services. Its competitors include Flipspaces, 91Squarefeet and Hidecor; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Gurugram, India
  • Employees 171
  • Founders Akshya Kumar, Jegan M V Murugan, Tushaar Mittal
  • Stage Minicorn
  • Sectors
    Business Services
  • Email
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  • Phone
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  • Website officebanao.com
  • Social LinkedIn X Facebook
  • Legal Name Swash Tech Solutions Private Limited
  • Date of Incorporation 13 Oct, 2021
  • Jurisdiction Haryana, India
Key Metrics
  • Annual Revenue
    ₹139 Cr

    FY 2025 · +129% YoY

  • Net Loss
    -₹24.04 Cr

    FY 2025 · -17% margin

  • EBITDA
    -₹21.29 Cr

    FY 2025 · -15% margin

  • Total Equity Funding
    $9.62M (USD)

    in 6 rounds

  • Latest Funding Round
    $3.34M (USD), Seed

    May 2025

  • Investors
  • Employee Count
    171

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 $9.62M
  • Total Rounds 6
  • Last Round Seed β€” $3.34M
  • First Round $6.02M

    (Mar 2023)

  • Investors Count 7

All 6 funding rounds of Officebanao with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2025$3.34MSeed$49.37MLightspeed Venture Partners
Apr 2025$29,010Angel Round$29.25MAjit Mohan
–
May 2024$1.92MDebt – Venture––
May 2024$192,608Seed$β€’β€’β€’β€’β€’Alteria Capital
–
Jun 2023$48,784Angel Round$β€’β€’β€’β€’β€’Ajit Mohan, Apurva Chamaria
–
Mar 2023$6.02MSeed$β€’β€’β€’β€’β€’Lightspeed Venture Partners, Lightspeed India
–
Valuation history
DateValuationStage
May 2025$49.37Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2025$29.25Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2024$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2023$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2023$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Officebanao

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Last known valuation $49.37M (May 2025). 7 investors in total: 4 institutional and 3 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture debt funding and structured finance for innovative startups in India.
2018alteriacapital.comMumbai, India
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Venture capital investing in innovative startups across technology sectors.
2008lsip.comBengaluru, India
Investments are directed by Mangum toward grocery delivery startups.

Ajit Mohan

unknown_ba349b62e81d41d9b

Apurva Chamaria

Angel investor, ex-Google, HCL Tech leader, focused on tech startups
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Ramesh Nair

Angel investor, ex-CEO of JLL India, real estate expert
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Investor details for Officebanao

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Board of directors of Swash Tech Solutions Private Limited (Officebanao)

Swash Tech Solutions Private Limited is the primary company behind Officebanao. The board of Swash Tech Solutions Private Limited currently have 2 directors; the longest-serving is Tushar Mittal, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Tushar Mittal
DIN 01877246
Director13 Oct 20215 yrsSwash Tech Solutions Private Limited
Brijendra Arya
DIN 10778185
Director17 Sep 20242 yrs 1 moSwash Tech Solutions Private Limited

People of Officebanao

13 people are tracked at Officebanao (7 in leadership, 6 in team); the tracked headcount is 171.

NameRoleGroup
Akshya Kumar
Co-Founder & CTOLeadership
Jegan M V Murugan
Co-FounderLeadership
Tushaar Mittal
Co-Founder & CEOLeadership
Sahil B.
Head Of EngineeringLeadership
Akhilesh Agarwal
Head Of FinanceLeadership
Aman Agarwal
Senior Vice President - Head Of GrowthLeadership
Chief Of StaffLeadership
Pranjal Arora
Senior Software EngineerTeam
Hemant Malik
Entrepreneur In ResidenceTeam
Raj Sharma
Tendering ManagerTeam
Chhaya Rawat
Asst. Manager - QS & TenderingTeam
Himanshu Gautam
Engineering ManagerTeam
Vijay Kumar
Software EngineerTeam
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Financials of Officebanao

Figures of Swash Tech Solutions Private Limited, the primary company behind Officebanao, for FY 2025. Revenue was ₹139 Cr (+129% year on year). Net loss was -₹24.04 Cr (-17% margin). EBITDA was -₹21.29 Cr (-15% margin). Revenue has grown at a compounded annual rate of +212% over three years.

  • ₹139 CrRevenue · FY 2025 · +129% YoY
  • -₹24.04 CrNet loss · -17% margin
  • -₹21.29 CrEBITDA · -15% margin
  • ₹1.84 CrPaid-up capital
  • 171Employees (provident fund records)
  • +212%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Swash Tech Solutions Private Limited are on its company page.

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Timeline of Officebanao

4 dated milestones of Officebanao across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Officebanao is founded.
  2. Funding First funding round of $6.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $3.3M.

Competitors of Officebanao

Officebanao has 3 listed competitors in our database, 2 of them funded. They include Flipspaces, 91Squarefeet and Hidecor.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
flipspaces.com2011Mumbai, India$21.3M293
Provider of interior design, product supply, and project management services for facilities
91squarefeet.com2019Gurugram, India$11.14M77
Design and build services for commercial interior spaces are provided.
hidecor.in2015Bengaluru, India39
Offers office interior design, build, and renovation services worldwide.
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Web traffic of Officebanao

The website of Officebanao (officebanao.com) receives about 17.4K visits a month.

  • Monthly visits
    17.4K

    ▼ 7.2% vs previous month

Similar websites

Websites whose visitors overlap most with Officebanao. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
superbolter.com
100%
40.1K#596,661View details
livehome3d.com
100%
#253,095View details
vlitefurnitech.com
vlitefurnitech.com
80%
#1,415,886–
google.com
76%
85.8B#1View details
devx.work
72%
14.5K#1,792,919View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Top companies in Facility Management Platforms

2 companies that operate in the same segment as Officebanao (Facility Management Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
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Related news about Officebanao

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Frequently Asked Questions about Officebanao

Officebanao was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Officebanao is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Tushaar Mittal is the CEO of Officebanao, as recorded in our data. They have also founded this 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 Seed of $6.02M, raised on Mar 2023.

Officebanao has 171 employees.

The primary company behind Officebanao, Swash Tech Solutions Private Limited, reported revenue of β‚Ή139 Cr for FY 2025, up 129% year on year.

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.

Officebanao's top competitors include Flipspaces, 91Squarefeet and Hidecor.

Officebanao has 7 investors. Key investors include Lightspeed Venture Partners, Alteria Capital, Lightspeed India, Ajit Mohan, and Apurva Chamaria.

The valuation of Officebanao is $49.37M as of May 2025.

Officebanao operates through Swash Tech Solutions Private Limited.

The legal entities of Officebanao currently have 2 directors, including Tushar Mittal, Brijendra Arya.

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