Officebanao Raises Nearly $4 Million in Funding to Expand Commercial Interiors Business

Officebanao, a Delhi-NCR-based commercial interiors startup, has raised nearly $4 million as part of a $7.7 million funding round led by Lightspeed, valuing the company at $70 million post-money. The round was structured in two tranches, with participation from Mangum II and Medra Family. Founder and CEO Tushar Mittal acquired equity stakes from co-founders pursuing other ventures. Officebanao's revenue grew from Rs 22 crore in FY23 to Rs 138 crore in FY25, targeting Rs 225 crore in FY26, aiming to build a data-driven platform for commercial interiors in India.