Interior design VR platform Flipspaces raises $2-M

Flipspaces, a Mumbai-based technology-enabled interior designer for office spaces, has raised USD 2 million from a consortium of family offices and high networth individuals led by former IIFL AMC CEO Prashasta Seth. Carpediem Capital is among the investors. The capital will be used to grow the US business, where the startup claims to have seen 25X growth, and expand its newly launched software-as-a-service vertical. Called Vizstore, its B2B SaaS vertical allows furniture and furnishing brands and retailers to virtualise the showroom experience.