NEW DELHI: Flipspaces, an interior design firm, has raised ₹50 crore ($5.9 million) from Asiana Fund, as part of Synergy Capital’s investor block.
Asiana Fund is sponsored by Jalaj Dani, one of the promoters of Asian Paints.
The investment is a part of a recent $35 million funding round, which also saw participation from Synergy Capital Partners, Iron Pillar and Prashasta Seth consortium.
The fresh capital will power the company’s next phase of growth, expansion across India, the U.S. and the U.A.E.
