Private Equity

VC Fund Investments

Workspace interiors player OfficeBanao raises $6-M from Lightspeed

Business Standard  

Lightspeed Ventures has invested USD 6 million in the seed funding round of OfficeBanao, a Gurugram-headquartered workspace interiors startup. OfficeBanao claims to transform the entire office development experience using technology with an end-to-end solution across stages of design, procurement, and execution. The company aims to use the funds to strengthen its platform across both technology and team, specifically in design and growth capabilities. Founded in January 2022 by Tushar Mittal, and co-founded by Akshya Kumar, and Divyanshu Sharma, OfficeBanao is a platform for designers, architects, contractors, office furniture, and material suppliers providing an entire array of commercial interiors. It works on small office projects of INR 10 lakh to large offices and enterprises, as high as INR 5 crore and more. OfficeBanao is present in more than 15 cities.