Medra Family

Company

Last mentioned: Mar 16, 2026

Timeline

  1. Public Announcement

    Company announces $70M valuation and leadership restructuring.

  2. Second Tranche

    Final $3.85 million infusion completed to close the $7.7M round.

  3. First Tranche

    Infusion of $3.85 million as part of the current growth round.

  4. Seed Funding

    Raised $6 million in seed funding led by Lightspeed.

Stories mentioning Medra Family 2

funding Neutral

Officebanao Secures $7.7M at $70M Valuation Amid Strategic Leadership Shift

Commercial interiors platform Officebanao has finalized a $7.7 million funding round led by Lightspeed, reaching a $70 million post-money valuation. The company reported a massive revenue jump to Rs 138 crore in FY25 while announcing that CEO Tushar Mittal has bought out his co-founders' stakes to consolidate leadership.

4 sources
other Neutral

Officebanao Secures $7.7M Funding as Revenue Hits ₹138 Crore Milestone

Commercial interiors platform Officebanao has finalized a $7.7 million funding round led by Lightspeed, propelling its post-money valuation to $70 million. The Delhi-NCR-based startup reported a staggering revenue increase from ₹22 crore in FY23 to ₹138 crore in FY25, signaling rapid scaling in the Indian proptech sector.

4 sources