# Mangum II

Type: Company

Source: PropTech Intelligence Brief — https://getproptechbrief.com/entity/mangum-ii
Canonical HTML page: https://getproptechbrief.com/entity/mangum-ii

## Timeline

- **2026-03-15**: Public Announcement — Company announces $70M valuation and leadership restructuring.
- **2026-01-15**: Second Tranche — Final $3.85 million infusion completed to close the $7.7M round.
- **2025-05-15**: First Tranche — Infusion of $3.85 million as part of the current growth round.
- **2023-01-01**: Seed Funding — Raised $6 million in seed funding led by Lightspeed.

## Recent coverage (1 stories)

### Officebanao Secures $7.7M Funding as Revenue Hits ₹138 Crore Milestone
2026-03-16 00:30:26 · Sentiment: Neutral · Impact: 5/10 · Sources: 4

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.
Full story: https://getproptechbrief.com/story/officebanao-funding-valuation-revenue-growth-2026

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