Tech-Driven Design Is Coming to the Gulf
Indian interior design tech startup Flipspaces has secured a $35 million funding round to ramp up its expansion, especially into the fast-growing UAE commercial market. The round saw participation from big names like Iron Pillar, Prudent Investment Managers, and Synergy Capital, with BDA Partners advising on the deal.
The funds will be used to enhance Flipspaces’ proprietary tech platform and strengthen operations in its core markets: India, the United States, and now the UAE. The move marks a major milestone in the company’s journey to becoming a global leader in commercial interior solutions.
What is Flipspaces All About?
Founded in 2015 by Kunal Sharma, Flipspaces isn’t your average design firm. It offers end-to-end interior design services through a single, integrated digital platform. This helps in covering everything from planning and 3D visualizations to procurement and project execution.
- Targeting small to mid-sized businesses, Flipspaces makes the often-complicated process of designing commercial spaces easier, faster, and smarter.
- Their secret sauce? A powerful design-tech engine that blends virtual reality, AI, and project management tools into one platform. This creates seamless experiences for clients in retail, office, and hospitality sectors.
Why does Flipspaces want to be in the UAE?
With roots in India and a growing presence in the US, Flipspaces is now setting its sights on the UAE. The GCC country is one of the most vibrant commercial real estate markets in the world. Think booming co-working hubs, high-end retail outlets, and hospitality venues—all needing innovative, tech-powered interior solutions.
Kunal Sharma, Co-founder and CEO, has hinted that Flipspaces sees the UAE as a natural fit for their next phase of growth due to its:
- âś… Rapid commercial development
- âś… Strong appetite for design innovation
- âś… Growing tech-savvy business community
A Strategic Exit and Strong Backing
- As part of this round, early investor Carpediem has officially exited its stake. It is cashing out after helping Flipspaces scale from its early days. The fresh capital gives the startup a strong runway to scale globally without losing momentum.
- With support from experienced investors and a proven track record in two major markets, Flipspaces is now well-positioned to bring its design-meets-technology approach to new frontiers.
What’s Next?
Expect to see Flipspaces popping up across major UAE cities soon—starting with Dubai, a global hotspot for design, architecture, and commercial innovation.
Whether you’re an SME looking to revamp your office or a hospitality chain aiming to create unforgettable guest experiences, Flipspaces might just become your go-to design partner.