🚀 Exciting News in the Home Interiors Sector! 🚀 HomeLane has announced its intention to acquire Design Cafe. This strategic move, pending regulatory approval, is set to create one of the largest interiors companies in the country! 🌟 Highlights: 🛠️ HomeLane, DOOWUP By HomeLane, and Design Cafe will continue to operate as distinct brands, catering to diverse market segments. 📈The combined entity is projected to achieve revenues of Rs 1,000 crore ($120 million) in FY25, a 33% increase from FY24, with plans for EBITDA profitability. 💰A fresh funding round of Rs 225 crore ($27 million) has been secured, backed by existing investors and new contributions from Hero Enterprise. Co-founders shared that the combined revenue run rate is already at Rs 900 crore and the business is cash profitable, with a minimal EBITDA loss of -2%. With over 1,400 design & 20,000 customers, HomeLane is well-positioned for growth. Meanwhile, Design Cafe continues to innovate in customized design and decor services. Exciting times ahead for the home interiors landscape! 🏡✨ 🔗 Read the full article here: https://bit.ly/3BfxsxK #HomeLane #DesignCafe #Acquisition #HomeInteriors #Innovation #Growth #Startups
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🏠 Arrivae Secures INR 21 Crore Funding to Enhance Interior Design Solutions. 📝 SUMMARY: Arrivae, an interior design solutions startup, has raised INR 21 crore (approximately $2.5 million) in an extended Series B funding round from Mithun Sacheti, the co-founder of CaratLane. The investment will fuel Arrivae's expansion plans, including distribution network enhancement, deeper market penetration, and strengthening the supply chain. Sacheti has also joined Arrivae's board, alongside existing members Madhusudhan Kela, Yash Kela, and Raghav Bubna. 📈 KEY HIGHLIGHTS: - Arrivae secures INR 21 crore funding from Mithun Sacheti to bolster its interior design solutions business. - The fresh capital infusion will support Arrivae's efforts to expand its distribution channels, further penetrate existing markets, and fortify its supply chain infrastructure. - With Mithun Sacheti joining Arrivae's board, the startup aims to leverage his expertise and experience to enhance its strategic direction and growth trajectory. - Founded in 2018 by Yash Kela, Arrivae offers comprehensive home interior solutions from design to manufacturing, boasting a catalogue of over 10 lakh products priced between INR 75,000 to INR 3 crore. - This funding round follows Arrivae's previous investment of INR 75 crore in 2022 from investors like Think Investments and Havells Group, as well as support from prominent angel investors such as Rekha Jhunjhunwala and Harsh Jain. - The Indian home decor market, driven by rising disposable incomes and increasing e-commerce adoption, is witnessing substantial growth, projected to reach $67.4 billion by 2032, up from $31.5 billion in 2023. - This funding reflects investors' growing interest in the home decor sector, evidenced by recent investments in startups like Varee, which secured $4 million led by Peak XV's Surge in November last year. 🔍 OUTLOOK: - Arrivae's latest funding round underscores the growing demand for professional home decor solutions in India and the increasing investor interest in the sector. With a focus on enhancing its offerings and expanding its market presence, Arrivae is poised to capitalize on the evolving landscape of interior design and home decor. Arrivae #Arrivae #InteriorDesign #Funding #HomeDecor #MithunSacheti #StartUpNews #BusinessNews #MicroShots #NewsUpdates
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A wonderful article and episode published by Unnati, capturing the remarkable journey of our CEO Amit Bansal and his visionary quest to revolutionize the commercial fitout industry. From humble beginnings to entrepreneurial greatness, his story is one of passion, perseverance, and innovation. It's a tale of starting from scratch, fueled by boundless enthusiasm to simplify and transform the commercial fitout landscape. Check out his story shared by Unnati. Let's celebrate the incredible journey of our CEO and the boundless possibilities that lie ahead. #CEOStory #EntrepreneurialJourney #CommercialFitouts #91Squarefeet
Have you heard of that famous saying about life coming full circle? Amit Bansal's rollercoaster journey proves it. He started working as a contractor fulfilling small construction projects while he was still in college, realized that it did not scale, and then went on to build several different startups before finally ending up where he began - by building 91Squarefeet as India’s foremost asset light interior fit-outs company. Interior fit-out is the business of building interiors, especially offices and retail spaces. It means to take a bare shell within a building and convert it into a ready-to-use shop or office. 91Squarefeet transforms empty spaces into functional offices and shops, managing projects with independent contractors. This episode is a first-hand account of a founder’s journey to finding greatness through some failed experiments. Listen in to learn about Amit’s journey, finding product-market fit, unit profitability, B2B sales, and product development best practices! 🎧 Listen at: https://lnkd.in/dBTxk3h3 ▶️ Watch the full episode at: https://lnkd.in/dShsiKbv ##91Squarefeet #interiors #IndianStartups #FounderThesis Entrepreneur India YourStory Media Inc42 Media, 🎙️ Akshay Datt 91Squarefeet
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Are you dreaming the same for your business? We can help you to achieve your dreams🙂 #marvinxr #augmentedreality #webar #ar #3d #furniture #furnituredesign #homedecor #officefurniture #outdoorfurniture #luxuryfurniture #business #ecommerce #sales #growth #marketing #strategy #creativity #userengagement #highconfidence #highconversion #denmark #copenhagen #startup
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Vaaree , a home decor startup, has achieved a significant milestone by securing Rs 20.78 crore ($2.5 million) in pre-Series A funding. Capier Investments led the round, with additional backing from Peak XV’s Surge Ventures. Founded by Garima Luthra, Pranav Arora, and Varun Vohra, Vaaree has rapidly gained traction in the home furnishing sector. The funding will fuel its expansion plans, reflecting growing investor interest in the home decor market. With a valuation now estimated at Rs 180 crore ($21.6 million), Vaaree aims to diversify its product range and address consumer preferences across furnishings, kitchenware, decor pieces, bath accessories, and garden products. Despite initial financial challenges, including a loss in its inaugural fiscal year, Vaaree's total funding, now reaching $7 million, underscores its potential for growth and innovation. #Vaaree #HomeDecorStartup #PreSeriesAFunding #CapierInvestments #SurgeVentures #HomeFurnishing #fundsfever
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Daily project we look at the conference room and what does it cost? A lot of folks don’t know what things cost when it comes to commercial Office Furniture. Today we dive into a 16 foot conference table with 12 chairs. Contact us and get a project roadmap today. The Project Roadmap: Space plan, 3D rendering, and budget quote. #interioravenue #smallbusiness #CRE #startup #officefurniture #businessowner #cashflow #officefurnituresubscription
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How HOEK Happened - Part2. Difficult times drive innovation. That saying could not be more true when it comes to how and why we started Hoek. Faced with no work to pay for our rent, machines and ourselves, we pivoted to create something to make people’s live a little easier. We had no major plan or idea of what Hoek could become. We were just creatively problems solving. Have you ever been in a similar situation or can you recall stories from other businesses that are similar? Let us know below 👇 #founder #pov #startup #startuplife #hoekhome #designer #furnituredesign #furniture #modulardesign #modularfurniture #coolfurniture #smallspaceliving #smallspaces #modular organization #organizedlife #furnituredesign #homedecor #design #interiordesign #interiordesignideas #interiordecor
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Watch what an interior designer, Shashank Jain has to say about his experience with Nirwana.Ai! Comment down below for discount codes🚀 #nirwanainteriordesignai #interiordesignai #interiordesign #startup #artificialintelligence #aistartup #interiordesigntech
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Founder @FlyZen | Founder @Okeh.ca | LOI Labs Batch 4 Alumni | JunctionFXF Batch 5 Alumni |
🎨 Exciting goals for home decor startup Nestasia! - 🎯 Targeting one crore households in the next 5 years. - 🚀 Founders Anurag Agrawal and Aditi Murarka share growth strategies. - 🛠️ Focus on innovation and customer satisfaction. - 🌍 Expanding reach across diverse Indian markets. - 💡 How do you think innovation can drive growth in startups? - 🏡 What trends will shape the home decor industry ahead? Let's discuss Nestasia's inspiring journey and roadmap! #HomeDecor #StartupGrowth #Innovation
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A rather clever solution to where space is at a premium
Congratulations to our investee Hidealoo on being recognised by the European Product Design Awards - which highlight those who are striving to improve daily life with their practical and well-thought-out creations. Founder Monty Ravenscroft: “Our vision has always been to enhance everyday living through clever and thoughtful design, and it has taken more than five years of development, engineering and testing to perfect the Hidealoo. There is nothing else like Hidealoo on the market and what continues to amaze us is the infinite number of ways our customers are using the frame to solve their individual needs." #productdesign #productengineering #startup #entrepreneurship #innnovation Rob Pumfrey Judith Duncan Gillian Kerr
Hidealoo wins European Product Design Award! - Hidealoo
hidealoo.com
