Argus Partners Advises CE-Invests on their Series C investment in Flipspaces
We are pleased to share that Argus Partners advised UAE-based CE-Invests, the strategic investments platform of Crescent Enterprises, on its Series C investment in Flipspaces, a leading tech-first interior design and build company for commercial spaces operating across India and the USA.
The investment formed part of Flipspaces’ Series C fundraise of USD 50 million, which also saw participation from other investors, including Panthera Growth Partners and the SMBC Asia Rising Fund.
Flipspaces will utilise the fresh capital to scale its business across India, the USA, and the UAE, deepen supply-chain integration, and further enhance its proprietary technology stack with AI-led interventions.
Commenting on the investment, Ghada Abdelkader, Senior Vice President of CE-Invests, stated, “At CE-Invests we look to build enduring partnerships with ambitious businesses that harness transformative global trends to reshape industries. Flipspaces’ ability to scale profitably across India and the USA, while deploying AI and VR to transform a traditional sector, exemplifies the kind of opportunity we are committed to backing. With the UAE as its launchpad for expansion into the wider MENA region, Flipspaces is uniquely positioned to bridge the Asia-UAE-USA innovation corridor. We are proud to support its journey to becoming a category-defining international leader,”
Further, Kunal Sharma, Founder & CEO of Flipspaces, added, “This investment is not just a financial boost, it’s a strategic endorsement. Having the backing of CE-Invests reflects strong market confidence in our technology-led model that is transforming the customer experience in interior design and build. Our conviction lies in scaling with both speed and sustainability, driven by a replicable, tech-powered delivery approach that balances innovation with operational and financial discipline,”
The team at Argus Partners advising CE-Invests consisted of Abhinav Bhalaik, Vallishree Chandra (Partners) and Kanishk Gambhir, Srishti Sneha, Rohan Lodge, Akshat Khanna, and Venkatesh VG (Associates).
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