Asiana Fund invests ₹50 crore in Flipspaces
Flipspaces
, an interior design firm, has raised ₹50 crore ($5.9 million) from
Asiana Fund
, as part of
Synergy Capital
's investor block.
Asiana Fund is sponsored by
Jalaj Dani
, one of the promoters of
Asian Paints
.
The investment is a part of a recent $35 million funding round, which also saw participation from Synergy Capital Partners, Iron Pillar and Prashasta Seth consortium.
The fresh capital will power the company's next phase of growth, expansion across India, the U.S. and the U.A.E.
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