Ex-Meta India MD, Ex-Collier India CEO Invest in Proptech Startup OfficeBanao

OfficeBanao, a startup headquartered in Gurugram, has secured funding from three angel investors, which include former Meta India MD Ajit Mohan and former Colliers India CEO Ramesh Nair. The raised funds will be utilized by the startup to enhance its technology-driven platform, accelerate product development, and expand its workforce. OfficeBanao, founded in 2021 by Tushar Mittal, Akshya Kumar, and Divyanshu Sharma, offers AI-powered space planning, 3D walkthroughs, a wide range of product selections, and real-time collaboration.

In April of this year, the startup had already raised $6 million in seed funding led by Lightspeed. OfficeBanao brings together architects, contractors, designers, material suppliers, and office furniture providers to serve various commercial interiors and businesses of all sizes.

In recent developments within the proptech industry, Crib, another startup, raised Rs. 15 crores in its seed round co-led by We Founder Circle and Rebright Partners. Additionally, iDesign.Market, a SaaS startup catering to Interior and Construction Companies, secured $200,000 in pre-seed funding from notable entities like Jaipur Rugs and a consortium of angel investors, including PropTech expert Brigade REAP.

Last quarter, PeProp.Money, India’s largest and leading real estate marketplace raised seed fund from India Accelerator to expand nationwide.

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