Livspace

Key management: Anuj Srivastava & Ramakant Sharma, Co-Founders

Competitors: Homelane, Design café, Bonito Designs, Boxs, Decorpot & DesignBids

An inventive home decor & renovation platform founded in 2014, Livspace is Bengaluru-based startup that connects the interior designers, developers, vendors, and customers under one umbrella. The company permits the customers to determine the diverse designs & styles for their home interiors with extreme customizable options. As they are using combined data science algorithms & engineering techniques, users can go through a millions of designs & choose the design, place the orders, make the furnishings installed & get the desired interior look for their homes.

Till date, Livspace has acquired four organizations including Qanvast, YoFloor, Dwll.in, and DezignUp. Over 13 funding rounds, the company has rose total funding of $522 million & in a latest funding round held in Feb 07, 2022, it has raised $184 million from key investors such as KKR, Venturi Partners, Jungle Ventures, EDBI, Reno Asia Holdings, and so on.

“We achieved a top-line growth of 85% across the business, with our revenue reaching nearly Rs 1,100 crore. Business expansion, investment in branding and experience centres, and improving the supply chain helped the company achieve high growth in the fiscal year”, Ankit Shah, Chief Strategy Officer, Livspace.

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