Flipspaces Company Research Report
Company Overview
Name
Flipspaces
Mission
Create a technology revolution in the Interior Design & Build space, focusing on creating impactful solutions for the interiors industry through innovation, experience, customer focus, and collaboration.
Foundation
Flipspaces was founded in 2015.
Founders
- Kunal Sharma - Founder & CEO, Mumbai
- Ankur Muchhal - Co-founder & Head of International Business, New York
- Vikash Anand - Co-founder & Head of India Sales & Marketing, Mumbai
- Mrinal Sharma - Co-founder & Head of India Operations, Mumbai
Key People
- Ritesh Ranjan - Chief Product Officer, Mumbai
- Prafful Sahu - Head of Technology, Mumbai
- Abhijeet Pawar - Head of Sales India Design & Build Mumbai
- Ashish Sharma - Head of Operations, South India Design & Build Bangalore
- Ashish Kumar - Head of Operations, West India Design & Build, Mumbai
- Kannan Thangaraj - Head Central Supply Chain, Mumbai
- Neha Singh - Head of Global Marketing & PR, New Delhi
- Sanjay Gupta - Head of Finance, Mumbai
- Richard Rozario - Head - US Operations, New York
- Rashmi Shivdasani - Head of Global HR, Admin & IT, Mumbai
Headquarters
- India: Mumbai
- United States: New York
Number of Employees
No information is available.
Revenue of the Company
As of October 2024, nearing a Rs 400 crore revenue run rate.
Known For
Flipspaces is known for integrating technology into the interior design and build industry, leveraging proprietary VR technology for space discovery, design, and build. The company offers end-to-end solutions combining interior design with technology, supply chain management, and execution management.
Products
VIZWORLD
A technology suite enabling tech-enabled interior design services, offering virtual walkthrough experiences and real-time design changes.
- Key Features:
- Interactive 3D design renders
- Immersive virtual walkthroughs
- Integrated supply chain for furniture and product supply
- Comprehensive project management solutions
VIZSTORE
An online platform offering a wide range of furniture and furnishing products with visualization capabilities.
- Key Features:
- Access to over 10 lakh SKUs
- Full customization of products
- State-of-the-art technology for real-time visualization
- Curated supplier list and cost advantage
Recent Developments
New Projects
- JSW Tikri Office: A 2,000-square-foot office project in Mumbai designed to combine functionality, innovation, and aesthetic appeal.
- Talakunchi Workspace: An 8,000-square-foot office space project for Talakunchi in Mumbai showcasing innovation and collaboration.
New Initiatives
- Employee Stock Ownership Plan (ESOP): Launched in November 2024, allocating 5% of total equity to permanent employees who have made significant contributions to the company.
Market Expansion
Flipspaces is preparing for further expansion through acquisitions in India and the US, bolstered by achieving a Rs 400 crore revenue run rate as of October 2024.
Partnerships and Innovations
- Focus on flexible office spaces post-pandemic reflecting market trends of adaptability and versatility.
- Collaboration with real estate builders and furniture brands for tailored SAAS products.
Recent Awards
- "Best Corporate Interior Design Company" - National Architecture & Interior Design Excellence Awards 2023.
- "Most Futuristic & Trusted Interior Design Firm of the Year 2022" - National Architecture & Interior Design Excellence Awards 2022.
Flipspaces continues to set benchmarks in the commercial interior design industry through innovative design, tech integration, and a commitment to excellent client experience.