Shared 16 March, 2026
Real estate startup Officebanao has raised nearly $4 million from investors to expand its business. The company said it has completed a $7.7 million fundraising, valuing the company at $70 million post-money. The round, led by existing investor Lightspeed with participation from Mangum II and Medra Family, was structured across two tranches: a $3.85 million infusion in May-June last year, followed by a second $3.85 million tranche in January-February 2026.
Officebanao also said that its founder and CEO, Tushar Mittal, has acquired equity stakes in co-founders Akshya Kumar and Divyanshu Sharma as they move on to pursue independent ventures.
“Our ambition is to build the operating system for commercial interiors in India. Every design decision, every material procurement, every contractor assignment, every quality check – all connected, all data-driven, all transparent. That’s what transforms a services business into a scalable platform,” Mittal said.
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