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Home Furnishing Startup 'Wify' pockets $3 million in Pre-Series A

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Wify, a Home furnishing installation startup has raised Rs. 25 crore (approximately $3 million) in pre-series A round directed by Mount Judi Ventures & current investor Capria Ventures. Also, the funding round registered participation from Blume Founders and other investors. Previously, the Mumbai-based startup has lifted $2 million in its Seed round in the month of July 2022.

The fresh funds raised in a funding round will be utilized to integrate deeper into current key categories with more value-added services, develop into new categories and hasten the building capacity, technology and software enhancements.

Established by Vikram Sharma & Deepanshu Goyal in 2019, Wify underscores and bridges the gap between expertise technicians and modern home brands. The SaaS platform presents scaled order management, on-site project arrangement and management & real-time tracing and tracking solutions for consumers and brands.

Speaking to this fundraise, the Co-Founder and CEO of Wify, Vikram Sharma says, “This funding will help accelerate our growth through technology deployment and inorganic growth opportunities. It will help realize our vision of becoming the number 1 brand for up-gradation, repair, and maintenance of urban homes”.

The startup fosters to harness the generative AI for training and deploying of workmen, on-job backing and enhancing the consumer support and services. Spanning over 3,000 skilled technicians enrolled on its platform, Wify operates in more than 100 cities in India and has maintains collaborations with over 100 pioneering global and domestic brands comprising Amazon, Godrej, IKEA and Hettich.

Wify competes with the bunch of regional players in the market such as Mechanic2Home, Easyfix and Urban Company.