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.
The team at Argus Partners advising CE-Invests consisted of Partners Abhinav Bhalaik, Vallishree Chandra and Associates Kanishk G., Srishti S., Rohan Lodge, Akshat Khanna, Venkatesh VG.
Vertices Partners acted as the legal advisors to Flipspaces.
JSA advised Panthera Growth Partners Pte Ltd in its investment in Flipspaces Technology Labs Private Limited. Founded in 2015, Flipspaces is an interior-design-and-build venture with a strong focus on commercial real estate. Its proprietary software suite integrates space planning, VR walkthroughs, procurement, and execution, creating an end-to-end digital solution for workspace design and execution.
The Company has successfully raised USD 50 million in its expanded Series C funding round with other investors participating in this round include Iron Pillar, Synergy Capital Partners, CEInvests, and SMBC Asia Rising Fund.
The JSA Transaction team was led by Siddharth Mody, Partner, with support from the Private Equity team comprising Anurag Shrivastav, Partner, and Shefalika Shekhawat, Associate.
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