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Home Interior Solutions Startup Design Cafe raises $25 million in Extended Series B Round

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Bangalore based home interior solutions startup Design Café has raised $25 million in extended Series B round. Led by existing investors WestBridge Capital, new investor Sixth Sense Ventures also came on board. Additionally, early investor Fireside Ventures also participated in the round along with a few family offices.

Design Café has thus far raised a total of INR 366 crore including the INR 200 crore raised in 2018. The company that is currently operation in Bengaluru, Mumbai and Hyderabad intends to use the new capital towards expanding into newer cities. Design Café wants to be present in the top 10 cities over the next 18 months.

“The funds will allow us to take our services and products to more markets, and invest further in technology and people,” said Shezan Bhojani, CEO, Design Cafe.

Founded in 2015 Design Café is an interior design solutions firm working towards democratizing good designs for all homes across India. Led by Gita Ramanan and Shezan Bhojani, the startup works on a vertically integrated business model and has a host of designers, workforce, and factory in Bengaluru manufacturing its products.

“We believe that home interiors and improvement is a very large opportunity in India and the problem that Design Cafe addresses is a real consumer need today,” said Sandeep Singhal, cofounder & managing director, WestBridge Capital.

Design Café is close to breaking even with its annual revenue run rate nearing INR 180 crore, it said in a statement. The company is also gearing up to open more experience centers in Bengaluru and become operational in Thane and Chennai said a statement.

“Profitability in this industry has always been a challenge, but Design Cafe’s increased focus on standardised modular furniture, vertically integrated manufacturing, and a full-stack tech platform, will enable the business to achieve economies of scale,” said Nikhil Vora, founder and CEO of Sixth Sense Ventures.