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Officebanao

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uuid0002gvy

Namestring
Officebanao
Legal namestring
OfficeBanao
Websiteurl
officebanao.com
Company typeenum
Private
Founded yearint
2022
Descriptiontext

OfficeBanao is a Gurugram, India-based B2B technology platform that connects businesses needing commercial office and retail interiors with architects, designers, contractors, and material vendors, operating across 25 Indian cities. The company targets India's traditionally unorganized commercial interiors sector by providing end-to-end project management from design through procurement and execution, with a management-disclosed revenue trajectory of Rs 22 crore in FY23, Rs 138 crore in FY25, and a target of Rs 225 crore in FY26.

The platform integrates AI and machine learning across the commercial interiors project lifecycle, including automated design generation, intelligent procurement matching, AI-powered office visualization, and real-time collaboration features. Disclosed AI capabilities span generative design, recommendation/matching, process automation, and computer vision, all applied to tasks such as vendor matching, concept generation, and workspace simulation rather than fundamental model development.

OfficeBanao monetizes primarily through project-based fees and commissions on completed engagements, with quote-based professional services pricing tailored to individual commercial interior requirements. Its go-to-market is a direct enterprise B2B sales motion, with marketing driven largely by investor credibility and earned media coverage. Total disclosed funding is approximately $13.7 million, comprising a $6M Lightspeed-led seed round in April 2023, an undisclosed 2023 angel round, and a $7.7M Lightspeed-led round split across two tranches in 2024 and 2026 at a $70M post-money valuation. The company is targeting EBITDA breakeven in calendar year 2026.

Short descriptiontext

OfficeBanao is a Gurugram-based B2B technology platform connecting Indian commercial office and retail interior buyers with architects, designers, contractors, and vendors, deploying AI/ML for automated design generation, procurement matching, and 3D visualization across 25 cities.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersGurugram, India
HQ citystring
Gurugram
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
commercial interior design, office fit-out services, workspace interiors platform, AI space planning, vendor procurement matching
Industry3 codes
1BPABAGAG
CodeBPABAGAGPrimaryYes
2BPABAGAO
CodeBPABAGAOPrimaryNo
3HDAEANAI
CodeHDAEANAIPrimaryNo
NAICS code3 codes
  • 541410
  • 54141
  • 56111
SIC code3 codes
  • 7373
  • 7372
  • 8744
Product category
Commercial Interiors Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Commercial Interiors Project Execution
TypeTransaction Fee
Description

OfficeBanao serves as a tech-enabled platform connecting businesses with architects, designers, contractors, and material vendors for end-to-end office interior projects. Revenue is generated through project fees and commissions on vendor/material procurement across these engagements, likely structured as professional services or transaction-based take rates on completed projects.

bwdisrupt.com
2Platform and Technology Services
TypeProfessional Services
Description

The company monetizes its AI and ML technology embedded in project management and design processes through the overall project engagement fee, including design automation and intelligent procurement services as part of the end-to-end offering.

outlookbusiness.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Officebanao provides a tech-enabled B2B platform that connects businesses with architects, designers, contractors, and material vendors for end-to-end commercial office and retail interior projects. The platform embeds AI and machine learning across the project lifecycle — including automated design generation, intelligent procurement matching, and office visualization/3D walkthroughs — to deliver standardized interior fit-outs across 25 Indian cities.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Revenue growth from Rs 22 crore (FY23) to Rs 138 crore (FY25), targeting Rs 225 crore (FY26) — a ~10x increase over three years.
+2 more records
Product overview1 text field

OfficeBanao operates as a unified proptech platform for commercial workspace interiors, offering end-to-end services that connect businesses with architects, designers, contractors, and material vendors. The platform leverages technology to improve India's unorganized commercial interiors sector and currently serves 25 Indian cities.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

India-based interior design and execution company offering end-to-end home and commercial interior solutions with an integrated platform model. Comparable end-to-end project delivery approach.

TypeDirect peer
Description

India-based AI-powered interior design SaaS enabling fast 3D floor plans, renders, and design automation. Directly comparable technology stack to OfficeBanao's AI design generation and visualization features.

TypeDirect peer
Description

US-based AI-powered interior design platform offering 3D visualization, designer matching, and e-commerce for furniture. Closely comparable to OfficeBanao in tech-led interior design delivery and visualization capabilities.

TypeDirect peer
Description

3D interior design platform providing photorealistic renderings and shopping recommendations. Comparable in AI-driven visualization and design generation capabilities central to OfficeBanao's offering.

TypeBroad incumbent
Description

Global leader in office furniture, space planning, and workplace interior solutions for enterprises. Broad incumbent in commercial interiors with overlapping customer base but focused on furniture manufacturing and design.

TypeDirect peer
Description

US-based online interior design service connecting customers with professional designers for room design packages. Comparable platform-mediated designer-customer matching model.

TypeBroad incumbent
Description

Global office furniture and workspace interiors company serving enterprise and commercial customers. Broad incumbent comparable in serving the commercial office interiors segment with established distribution.

TypeBroad incumbent
Description

Global flexible workspace provider with deep involvement in commercial office interiors and buildouts. Broad incumbent in commercial office space solutions, though more focused on workspace provision than design execution.

TypeRegional player
Description

India-based online furniture and home interiors marketplace. Regional player comparable in connecting Indian customers with interior and furniture vendors, though focused on residential furniture rather than B2B commercial interiors.

TypeDirect peer
Description

India-based tech-enabled interior design and renovation platform connecting homeowners with designers, contractors, and vendors. Highly comparable to OfficeBanao in business model and ecosystem approach, though primarily focused on residential rather than commercial interiors.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Officebanao

Commercial Interiors Servicesofficebanao.com

OfficeBanao is a Gurugram-based B2B technology platform connecting Indian commercial office and retail interior buyers with architects, designers, contractors, and vendors, deploying AI/ML for automated design generation, procurement matching, and 3D visualization across 25 cities.

What Officebanao does

OfficeBanao is a Gurugram, India-based B2B technology platform that connects businesses needing commercial office and retail interiors with architects, designers, contractors, and material vendors, operating across 25 Indian cities. The company targets India's traditionally unorganized commercial interiors sector by providing end-to-end project management from design through procurement and execution, with a management-disclosed revenue trajectory of Rs 22 crore in FY23, Rs 138 crore in FY25, and a target of Rs 225 crore in FY26.

The platform integrates AI and machine learning across the commercial interiors project lifecycle, including automated design generation, intelligent procurement matching, AI-powered office visualization, and real-time collaboration features. Disclosed AI capabilities span generative design, recommendation/matching, process automation, and computer vision, all applied to tasks such as vendor matching, concept generation, and workspace simulation rather than fundamental model development.

OfficeBanao monetizes primarily through project-based fees and commissions on completed engagements, with quote-based professional services pricing tailored to individual commercial interior requirements. Its go-to-market is a direct enterprise B2B sales motion, with marketing driven largely by investor credibility and earned media coverage. Total disclosed funding is approximately $13.7 million, comprising a $6M Lightspeed-led seed round in April 2023, an undisclosed 2023 angel round, and a $7.7M Lightspeed-led round split across two tranches in 2024 and 2026 at a $70M post-money valuation. The company is targeting EBITDA breakeven in calendar year 2026.

Officebanao firmographics

Firmographics
Name
Officebanao
Legal name
OfficeBanao
Website
https://officebanao.com
Company type
Private
Founded year
2022
Operating status
Operating
Headcount range
251–500 employees
Short description
OfficeBanao is a Gurugram-based B2B technology platform connecting Indian commercial office and retail interior buyers with architects, designers, contractors, and vendors, deploying AI/ML for automated design generation, procurement matching, and 3D visualization across 25 cities.
Ownership category
akta.pro rank

Where Officebanao is headquartered

Location

Headquarters

HQ city
Gurugram
HQ country
India
HQ region
Asia

Offices2 records

Markets served

Officebanao business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

  1. Commercial Interiors Project Execution: OfficeBanao serves as a tech-enabled platform connecting businesses with architects, designers, contractors, and material vendors for end-to-end office interior projects. Revenue is generated through project fees and commissions on vendor/material procurement across these engagements, likely structured as professional services or transaction-based take rates on completed projects.
  2. Platform and Technology Services: The company monetizes its AI and ML technology embedded in project management and design processes through the overall project engagement fee, including design automation and intelligent procurement services as part of the end-to-end offering.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Officebanao product offering

Product offering

Core offering

Officebanao provides a tech-enabled B2B platform that connects businesses with architects, designers, contractors, and material vendors for end-to-end commercial office and retail interior projects. The platform embeds AI and machine learning across the project lifecycle — including automated design generation, intelligent procurement matching, and office visualization/3D walkthroughs — to deliver standardized interior fit-outs across 25 Indian cities.

Product overview

OfficeBanao operates as a unified proptech platform for commercial workspace interiors, offering end-to-end services that connect businesses with architects, designers, contractors, and material vendors. The platform leverages technology to improve India's unorganized commercial interiors sector and currently serves 25 Indian cities.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • Revenue growth from Rs 22 crore (FY23) to Rs 138 crore (FY25), targeting Rs 225 crore (FY26) — a ~10x increase over three years.
  • +2 more outcomes

Companies that use Officebanao

Customer profile

Segments2 records

Ideal customer profiles2 records

Officebanao technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature3 records

Officebanao partnerships and signals

Strategic signal

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Officebanao competitors and assessment

Company assessment

Direct peers

  • Design Cafe: India-based interior design and execution company offering end-to-end home and commercial interior solutions with an integrated platform model. Comparable end-to-end project delivery approach.
  • Foyr: India-based AI-powered interior design SaaS enabling fast 3D floor plans, renders, and design automation. Directly comparable technology stack to OfficeBanao's AI design generation and visualization features.
  • Spacejoy: US-based AI-powered interior design platform offering 3D visualization, designer matching, and e-commerce for furniture. Closely comparable to OfficeBanao in tech-led interior design delivery and visualization capabilities.
  • Modsy: 3D interior design platform providing photorealistic renderings and shopping recommendations. Comparable in AI-driven visualization and design generation capabilities central to OfficeBanao's offering.
  • Havenly: US-based online interior design service connecting customers with professional designers for room design packages. Comparable platform-mediated designer-customer matching model.
  • Livspace: India-based tech-enabled interior design and renovation platform connecting homeowners with designers, contractors, and vendors. Highly comparable to OfficeBanao in business model and ecosystem approach, though primarily focused on residential rather than commercial interiors.

Broad incumbents

  • Steelcase: Global leader in office furniture, space planning, and workplace interior solutions for enterprises. Broad incumbent in commercial interiors with overlapping customer base but focused on furniture manufacturing and design.
  • Haworth: Global office furniture and workspace interiors company serving enterprise and commercial customers. Broad incumbent comparable in serving the commercial office interiors segment with established distribution.
  • WeWork: Global flexible workspace provider with deep involvement in commercial office interiors and buildouts. Broad incumbent in commercial office space solutions, though more focused on workspace provision than design execution.

Regional players

  • Pepperfry: India-based online furniture and home interiors marketplace. Regional player comparable in connecting Indian customers with interior and furniture vendors, though focused on residential furniture rather than B2B commercial interiors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

Officebanao social profiles

Digital presence

Officebanao financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Officebanao leadership team

Management profile

Number of profiles

Profiles1 record

Officebanao funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Officebanao M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Officebanao

What does Officebanao do?

Officebanao provides a tech-enabled B2B platform that connects businesses with architects, designers, contractors, and material vendors for end-to-end commercial office and retail interior projects. The platform embeds AI and machine learning across the project lifecycle — including automated design generation, intelligent procurement matching, and office visualization/3D walkthroughs — to deliver standardized interior fit-outs across 25 Indian cities.

Is Officebanao a public or private company?

Officebanao is a private company. It is classified as venture growth investor backed and is currently operating.

When was Officebanao founded?

Officebanao was founded in 2022. It employs 251 to 500 people.

Where is Officebanao based?

Officebanao is headquartered in Gurugram, India, in the Asia region.

How does Officebanao make money?

Two revenue lines are on record. Commercial Interiors Project Execution is the primary driver. The others are platform and Technology Services.

Who are Officebanao's main competitors?

Direct peers on record are Design Cafe, Foyr, Spacejoy, Modsy, Havenly and Livspace. Broad incumbents are Steelcase, Haworth and WeWork. Pepperfry is listed as a regional player.

Does Officebanao have an API?

No public API is recorded for Officebanao.

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Live signals
YourStoryIndian commercial interiors startup Officebanao raises $7.7MOfficebanao, an Indian commercial interiors startup, raised $7.7 million in a funding round led by Lightspeed, with participation from Medra Family Office and others. The company, founded in 2023, projects a tenfold revenue increase over three years and operates in 25 cities in India, targeting a $35 billion domestic market.EntrackrOfficeBanao raises $4 Mn led by LightspeedGurugram-based proptech startup OfficeBanao has raised nearly $4 million as part of a $7.7 million funding round led by Lightspeed Venture Partners, with participation from Mangum II and Medra Family. The round values the company at approximately $70 million post-money, with fresh capital earmarked for expanding operations, strengthening technology infrastructure, and scaling the platform across additional cities. The company's revenue surged from Rs 22 crore in FY23 to Rs 138 crore in FY25, targeting Rs 225 crore in FY26.BwdisruptReal Estate Startup OfficeBanao Raises Nearly $4 Mn To Expand Business OperationsReal estate and workspace interiors startup OfficeBanao has raised nearly USD 4 million in fresh funding from a group of strategic investors to scale operations and expand into new markets in India. The Gurugram-based company, founded in 2022, operates a tech-enabled platform connecting businesses with architects, designers, contractors, and material vendors for end-to-end office interior projects. The startup currently operates in more than 15 cities and plans to expand into the top 25 markets across India in the coming months, targeting the country's highly unorganized but growing commercial interiors market.https://www.outlookbusiness.com/Startup Officebanao Raises Nearly $4 Mn to Expand Biz – Outlook BusinessDelhi-NCR-based real estate startup Officebanao raised nearly USD 4 million from investors as part of a USD 7.7 million fundraising round, valuing the company at USD 70 million post-money. The round was led by existing investor Lightspeed with participation from Mangum II and Medra Family, structured across two tranches of USD 3.85 million each spanning May-June 2024 and January-February 2026. The funding will support the company's expansion of its commercial interiors platform serving office and retail spaces.The Times of IndiaReal estate startup Officebanao raises nearly $4 million to expand businessDelhi-NCR-based Officebanao, a commercial interiors platform, has completed a $7.7 million fundraising round led by Lightspeed with participation from Mangum II and Medra Family, valuing the company at $70 million post-money. The startup, which specializes in interior design and fit-outs for commercial real estate, reported revenue growth from Rs 22 crore in FY23 to Rs 138 crore in FY25, targeting Rs 225 crore in FY26. Founder and CEO Tushar Mittal also acquired the equity stakes of co-founders Akshya Kumar and Divyanshu Sharma as they depart to pursue independent ventures.https://www.outlookbusiness.com/Startup Officebanao Raises Nearly $4 Mn to Expand Biz – Outlook BusinessDelhi-NCR-based workspace solutions startup Officebanao has raised nearly USD 4 million as the second tranche of a USD 7.7 million funding round, led by existing investor Lightspeed with participation from Mangum II and Medra Family, valuing the company at USD 70 million post-money. The company reported strong revenue growth from Rs 22 crore in FY23 to Rs 138 crore in FY25 and is targeting Rs 225 crore in FY26, while founder Tushar Mittal acquired equity stakes of departing co-founders Akshya Kumar and Divyanshu Sharma.Inc42[Update] Exclusive: Workspace Interiors Startup OfficeBanao Raises $7.7 MnWorkspace interiors startup OfficeBanao has raised $7.7 Mn (around ₹64 Cr) in a funding round led by existing investor Lightspeed, with participation from Medra Family and Mangum II, across two tranches in June and January. The funding was raised at a pre-money valuation of ₹522.7 Cr (approximately $56.5 Mn), with the capital earmarked for deploying AI and machine learning across its project lifecycle including automated design generation and intelligent procurement matching. The startup reported revenue of around ₹225 Cr by end of FY26 and indicated it is on track for EBITDA breakeven in calendar year 2026.The Times of IndiaHome, smart home: How AI is rewiring India's housing sectorAI is rapidly transforming India's real estate sector, with wealthy homebuyers and tech-savvy buyers driving demand for intelligent home features in both residential and commercial segments. Developers such as Central Park and Hero Realty are actively incorporating AI technologies including biometric lift access, predictive maintenance, and air quality monitoring, with Hero Realty partnering with Panasonic for wellness-focused AI integration. Commercial real estate platforms like OfficeBanao are also deploying AI tools for office visualization and data analysis, helping reduce costs and improve efficiency across the industry.IncubeesOfficeBanao raises funds, eyes rapid expansion in proptech sector – IncubeesOfficeBanao, a Gurugram-based proptech startup, has raised an undisclosed amount of funding to support its expansion efforts in the commercial real estate sector. The investment comes from notable industry figures such as Ajit Mohan, Ramesh Nair, and Apurva Chamaria, indicating strong confidence in the startup's potential. With plans to grow its presence in over 25 cities, the company aims to enhance its technology solutions and workforce.VCCircleEarly-stage startups InsideFPV, OfficeBanao, Luzo raise fundingEarly-stage startups InsideFPV, OfficeBanao, and Luzo have secured new rounds of funding to support product development and expansion. InsideFPV raised $333,505 from Inflection Point Ventures, while Luzo secured $250,000 in a pre-seed round led by 100X.VC. Additionally, OfficeBanao received an undisclosed angel investment following a previous $6 million seed round.