Flipspaces scores $50 mn in funding

Flipspaces has secured $50 million in Series C funding, attracting new investors like CE-Invests, Panthera Growth Partners, and SMBC Asia Rising Fund. This investment will fuel expansion in India, the US, and the UAE, while also enhancing supply chain integration and AI-driven technology. The funding round also facilitated the exit of early investor Carpe Diem, with strategic acquisitions planned.