Following the successful pre-seed funding round of $6 million from Lightspeed in April 2023, workspace interiors platform, OfficeBanao, has raised an undisclosed amount of angel investment from Ajit Mohan, Founding CEO, Hotstar and Former MD, Meta India, Ramesh Nair, real estate industry veteran and Apurva Chamaria - Head of Partnership solutions, Start-ups & venture capital, Google India.
OfficeBanao, a Gurugram-based startup, is disrupting India's competitive workspace interior market with its comprehensive, end-to-end service. With the additional funding, OfficeBanao plans to fuel its expansion and solidify its position as a market leader. The funds will be utilized to further enhance its technology-driven platform, accelerate product development, and expand its workforce.
Commenting on this, Tushar Mittal, Founder & CEO, OfficeBanao said, “We’re thrilled to have these industry leaders as partners in our journey. With the combined support of these investments, the recent partnership with Lightspeed, and the dedicated OfficeBanao team, we are well-positioned for accelerated growth and to meet the increasing demand for innovative and comprehensive workspace interior solutions”.
OfficeBanao's customer base spans over 15 cities, including untapped tier-2 markets, and the company has plans to expand its presence to the top 25 markets in the near future. Through strategic marketing efforts on platforms such as LinkedIn and Instagram, OfficeBanao aims to attract new customers and solidify its position as a leader in the workspace interiors space.