Officebanao Secures $4 Million in Funding for Business Expansion
Commercial interiors platform Officebanao has secured nearly $4 million from investors, as part of a $7.7 million funding round led by Lightspeed, to expand its business globally.
About Officebanao
Delhi-NCR-based Officebanao is a real estate startup engaged in interior design and fit-outs of commercial real estate, including office and retail spaces.
Funding Details
- The funding round, led by existing investor Lightspeed, was structured across two tranches: $3.85 million in May-June 2025 and $3.85 million in January-February 2026.
- The company has raised $7.7 million in total, valuing it at $70 million post-money.
- This is not the first funding Officebanao has received, having earlier raised $6 million in seed funding from Lightspeed in 2023.
Founder's Move
Officebanao's founder and CEO, Tushar Mittal, has acquired equity stakes of co-founders Akshya Kumar and Divyanshu Sharma, as they move on to pursue independent ventures.
Revenue Growth
- The company reported revenue growth from Rs 22 crore in FY23 to Rs 138 crore in FY25.
- It aims to achieve Rs 225 crore revenue in the 2025-26 fiscal.
CEO's Ambition
"Our ambition is to build the operating system for commercial interiors in India. Every design decision, every material procurement, every contractor assignment, every quality check - all connected, all data-driven, all transparent. That's what transforms a services business into a scalable platform," - Tushar Mittal, Founder and CEO, Officebanao.
Want to stay updated on the latest business news and trends? Subscribe Now and elevate your knowledge and leadership skills at a cost cheaper than your daily tea.