BDA advises Flipspaces on Series C growth capital raise from Iron Pillar and other investors

BDA Partners is pleased to announce that its client Flipspaces, a leading tech-led commercial interior design and build venture in India, has raised Series C growth capital. The round was led by Iron Pillar, with participation from Prudent Investment Managers who are existent backers and incoming investor Synergy Capital Partners. The transaction includes both primary capital infusion and secondary exit for existing financial investor Carpediem Capital. The investment will help accelerate Flipspaces’ growth across India and the US, strengthen technology and brand leadership, and explore inorganic growth opportunities in new geographies and adjacent categories.

BDA was the exclusive financial advisor to Flipspaces on the transaction. Terms of the transaction were not disclosed.

Flipspaces’ tech-first platform streamlines design and build operations, accelerating project timelines and enhancing client experience. Its key proprietary tools include VizWalk for immersive space visualization before execution, Vizcart for a curated product catalogue with a back-integrated supply chain with presence in Vietnam, and Vizdom for real-time, remote site monitoring for clients. This model has enabled Flipspaces to profitably deliver over 8 million sq ft of commercial spaces for over a thousand brands across India and the US, positioning it as a strategic partner for enterprises, small and medium businesses, and coworking firms.

Kunal Sharma, Founder & CEO, Flipspaces said: “At Flipspaces, we’re building a technology-led brand aimed at transforming the customer experience in commercial design and build, globally. I’m deeply grateful to our incoming and existing investors for their belief in our vision. I am also thankful to the BDA team with whom we’ve shared an entrenched relationship towards closing this round.”

Kumar Mahtani, Partner, BDA, said: “This transaction underscores BDA’s expertise in executing capital raises for high-growth consumer-tech businesses, while also delivering strategic exits for financial sponsors in a dynamic and competitive environment. It reflects our strong position in the consumer-tech and digital infrastructure space, particularly in India — a market that continues to offer robust investment activity.”