The Artment Raises Rs 10 Crore to Expand Home Decor Innovation
- The Artment raises Rs 10 crore in pre-Series A funding led by Inflection Point Ventures (IPV)
- Funds to support category expansion, Art Lab tech platform, and retail growth
- Brand aims for Rs 100 crore ARR in six months while remaining EBITDA positive
Home decor and lifestyle brand The Artment has raised Rs 10 crore in a pre-Series A round led by Inflection Point Ventures (IPV), with participation from Siyaram Family Office, ESV, Capitar Ventures, and others. IPV also invested through IPV International via the GIFT City route.
The Gurugram-based company, founded in 2019 by Aditya Agarwal and Aanchal Agarwal, plans to use the fresh capital to expand product categories, strengthen its data-driven Art Lab platform, and grow its distribution channels. The Art Lab uses analytics to identify emerging consumer trends and accelerate product launches.
Aditya Agarwal, Founder & CEO of The Artment, said, “We built Art Lab early on to help us stay close to consumer preferences and launch collections that truly resonate”.
The Artment offers a wide range of art-inspired furnishings, including wall décor, lighting, and dining products. The brand operates online through its website and major e-commerce platforms and has expanded offline through a luxury retail partnership with Taj Hotels.
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The company claims to be EBITDA positive and is targeting Rs 100 crore ARR within six months. With a 20% repeat customer rate, The Artment continues to build trust and loyalty among its users.
Backed by a strong supply chain across key manufacturing clusters such as Moradabad, Khurja, Firozabad, and Jodhpur, the brand is well-positioned in India’s $3.7 billion home & living market, growing at 15% CAGR.
