2
Flipspaces, an interior design company, has raised $50 million in an expanded Series C round from CE-Invests (UAE), Panthera Growth Partners (Singapore), and SMBC Asia Rising Fund (Japan).
The round also saw backing from existing investors such as Iron Pillar, Synergy Capital Partners, and Prashasta Seth. It also enabled an exit for early-stage investor Carpe Diem.
In May, the company raised a $35 million round led by Iron Pillar. The following month, it secured Rs 50 crore (about $5.5 million) from Asiana Fund.
The fresh proceeds will be used to…
