Flipspaces aims to hit ₹1,000 crore revenue by FY27, says CEO Kunal Sharma

Tech-driven interior design firm Flipspaces is eyeing aggressive growth, with a target to become a ₹1,000 crore revenue company by FY27, Founder & CEO Kunal Sharma said in an interview to CNBC-TV18. Importantly, the company is looking to achieve this milestone while maintaining profitability at both EBITDA and PBT levels.

Over the past four years, Flipspaces has been growing at a CAGR of 60–65%, which Sharma described as among the highest in its sector post-pandemic. The company recently secured $50 million in an expanded Series C round and has laid out a three-pronged strategy for deploying the funds.

The first focus area is expanding into new geographies across India, the US, and the UAE. Sharma said Flipspaces has so far operated in just three regions across India and the US but now intends to unlock additional states and cities, with the UAE also emerging as a key growth market.

The second priority is technology. Flipspaces is developing AI-blended, tech-led products aimed at transforming both design and project management. Sharma explained that the future could see 3D visualisations of office spaces generated through simple text or voice prompts, seamlessly integrated with supply chain systems. On the execution side, the company is investing in agentic AI tools that help cut costs and delays by monitoring workflows, timelines, and quality standards.

The third area of focus is strategic acquisitions. Sharma said Flipspaces is considering two types of targets: companies operating in its existing categories but in new geographies, and firms in adjacent segments such as healthcare and education interiors. The company plans to take a mix of build-and-buy approaches in these markets.

With this three-pronged growth strategy—geographic expansion, technology investment, and acquisitions—Flipspaces aims to strengthen its position in the global commercial interiors market and prepare for a potential public listing in the coming years.

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