Delhi-NCR–based proptech startup OfficeBanao has secured nearly $4 million (about ₹35–37 crore) in fresh funding as part of a larger $7.7 million fundraising round led by venture capital firm Lightspeed Venture Partners. The round also saw participation from investors Mangum II and Medra Family, further strengthening the company’s growth ambitions in India’s commercial interiors market.

Key Highlights

• Workspace interiors startup OfficeBanao raised $4 million in funding led by Lightspeed Venture Partners.
• Funding will help OfficeBanao expand technology platform, workforce, and operations across India’s growing commercial interiors market.

Founded in Gurugram, OfficeBanao operates a commercial interiors and workspace solutions platform, offering end-to-end services such as office design, procurement, and execution for corporate offices and retail spaces. The startup aims to streamline the traditionally fragmented office development process by connecting architects, contractors, designers, and suppliers through a technology-enabled platform.

The funding round was executed in two tranches of around $3.85 million each, with the latest tranche completed between January and February 2026. Following the transaction, the company’s post-money valuation has reached approximately $70 million.

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OfficeBanao plans to utilize the newly raised capital to expand operations, strengthen technology infrastructure, and scale its presence across key markets in India. The company has been witnessing rapid growth, with revenue rising from ₹22 crore in FY23 to ₹138 crore in FY25, and it is targeting ₹225 crore in revenue by FY26 as demand for modern office infrastructure continues to grow.

The latest funding reflects increasing investor confidence in India’s proptech and workspace solutions sector, where startups are leveraging technology to improve efficiency, transparency, and scalability in commercial real estate services.