Gurugram-based proptech startup OfficeBanao has raised almost $4 million (round Rs 36 crore) as a part of a $7.7 million funding spherical led by Lightspeed Venture Partners, with participation from Mangum II and Medra Household. The spherical values the startup at about $70 million post-money.

Based in 2022 by Tushar Mittal together with Akshya Kumar and Divyanshu Sharma, OfficeBanao operates a technology-enabled platform for industrial workplace interiors and workspace buildouts.

The platform affords end-to-end companies masking design, procurement, undertaking administration and execution for workplace and retail areas. It connects architects, contractors, designers, furnishings distributors and materials suppliers via a unified system that manages tasks from planning and 3D design to sourcing and building.

The startup caters to tasks starting from Rs 10 lakh to over Rs 5 crore, serving startups, SMEs and huge enterprises. OfficeBanao says it has accomplished greater than 200 tasks throughout over 40 cities in India.

The recent capital shall be used to develop operations, strengthen know-how infrastructure and scale the platform throughout further cities.

OfficeBanao stated its income has grown from Rs 22 crore in FY23 to Rs 138 crore in FY25, and it’s concentrating on Rs 225 crore in FY26 because it expands its presence.

The startup additionally stated that founder and CEO Tushar Mittal has acquired the fairness stakes of co-founders Akshya Kumar and Divyanshu Sharma, who’re shifting on to pursue impartial ventures.

“Our ambition is to construct the working system for industrial interiors in India. Each design choice, each materials procurement, each contractor project, each high quality test – all linked, all data-driven, all clear. That is what transforms a companies enterprise right into a scalable platform,” Mittal stated.