Officebanao Raises $4 Million to Expand Commercial Interiors Business

Officebanao, a leading real estate startup specializing in commercial interiors, has successfully raised nearly $4 million (approximately Rs 35 crore) from investors. This funding is part of a larger $7.7 million round led by Lightspeed, with additional participation from Mangum II and Medra Family. The company is headquartered in Delhi-NCR and focuses on interior design and fit-outs for office and retail spaces.

The recent funding round values Officebanao at $70 million post-money. The investment was structured in two tranches: a $3.85 million infusion in May-June last year, followed by another $3.85 million in January-February 2026. This marks a significant milestone for the company, which previously raised $6 million in seed funding from Lightspeed in 2023.

Officebanao has experienced rapid growth, with revenue increasing from Rs 22 crore in FY23 to Rs 138 crore in FY25. The company is on track to achieve a revenue target of Rs 225 crore in the 2025-26 fiscal year. This substantial growth is attributed to the company's innovative approach to commercial interiors, leveraging data-driven processes and transparency in every step of the design and construction process.

Tushar Mittal, the founder and CEO of Officebanao, expressed the company's ambition to revolutionize the commercial interiors market in India. 'Our goal is to build the operating system for commercial interiors in India. Every design decision, every material procurement, every contractor assignment, and every quality check - all connected, all data-driven, and all transparent. This approach transforms a services business into a scalable platform,' Mittal said.

In a strategic move, Mittal has also acquired equity stakes from co-founders Akshya Kumar and Divyanshu Sharma, who are transitioning to pursue independent ventures. This realignment is expected to further streamline the company's operations and drive its expansion plans.

Officebanao's success can be attributed to its commitment to innovation and customer satisfaction. By integrating advanced technology and data analytics, the company ensures a seamless and efficient process for its clients, from initial design to final completion. This focus on transparency and quality has not only enhanced client trust but also positioned Officebanao as a leader in the commercial interiors market.

As the company continues to expand, it is poised to make significant inroads into new markets and further solidify its position as a key player in the real estate sector. The recent funding will enable Officebanao to invest in technology, expand its team, and explore new opportunities for growth and innovation.