OfficeBanao raises funds from top industry leaders

Hyderabad: After successful pre-seed funding round of $6 million from Lightspeed in April 2023, workspace interiors platform, OfficeBanao, a Gurugram based startup, has raised an undisclosed amount of angel investment from Ajit Mohan, Founding CEO, Hotstar, Former MD, Meta India, Ramesh Nair, real estate industry veteran, and Apurva Chamaria, Head of Partnership solutions, startups and venture capital, Google India.

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 and 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.com was launched in January 2022 and its 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. The tech-led platform provides the entire array of commercial interiors, including small office interiors, through its customer-centric solutions in a transparent, cost-effective, and hassle-free manner. OfficeBanao currently has two offices in Delhi and Bengaluru.