Sharjah’s CE-Invests backs India’s Flipspaces: CE-Invests, the strategic investments platform arm of Sharjah-based Crescent Enterprises (CE), participated in Indian interior design and build firm Flipspaces ’ expanded series C funding round, VCCircle reports. The firm raised USD 50 mn, up from an initial USD 35 mn, with Singapore’s Panthera Growth Partners and Japan’s SMBC Asia Rising Fund also taking part.

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Up next: The tech-driven company is using the new capital to improve its supply chain integration and tech stack through AI — as it looks to scale operations across India, the US, and the UAE.

About Flipspaces: Founded in 2015, the startup focuses on commercial and retail real estate, unifying space planning, VR walkthroughs, and execution into a single tech platform. It currently has over 1k projects — spanning 8 mn sq ft — across the US, India, and the UAE, and targets clientele in the IT, retail, education, healthcare, and financial services sectors.

IN OTHER STARTUP NEWS-

Abu Dhabi-based AI fintech Metric raised fresh funding led by early-stage VC A-typical Ventures, with participation from Hub71, 500 Global, i2i Ventures, Plus VC, Epic Angels, Oqal Angels, Accelerate Prosperity, and other regional angel investors, according to a statement (pdf). The funding amount was not disclosed.

About Metric: Founded in 2022 by Meenah Tariq (LinkedIn) and Omar Parvez Khan (LinkedIn), the startup provides SMEs with real-time financial insights via its AI tool called Max, which is already used by 130k businesses in 190 countries. The platform also links users to financial services including lending and payments.

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