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HomeLane secured Rs 225 Cr in a new funding round to acquire DesignCafe via share swap, aiming to create the largest entity in the home interiors market in India.

Sep 25, 202410 months ago

Amount Raised

₹225

Round Type

pre-seed

Bengaluru

Description

HomeLane announced its acquisition of DesignCafe, subject to regulatory approvals. This move is expected to create significant synergies and enhance operational efficiency across the combined entity's offerings.

Company Information

Company

HomeLane

Location

Bengaluru, Karnataka, India

About

We’re here to hand-hold you through the beautiful yet overwhelming process of decorating your home. We understand it is a huge milestone in life to buy your home and every element in it plays a role. Over the past 8 years, we have been a part of this precious journey for thousands of homeowners from choosing the right designer, fitting the designs with their space, executing the furniture; and all this in the most seamless and cost effective way. We combine our understanding of your requirements, aspirations with expertise for homebuyers to make their dream home ideas become a reality. Making home interiors easy, HomeLane is India’s premier end to end home interiors platform which delivers your chosen home interiors within 45 days, or we pay you rent. Our tech-empowered teams have delivered over 25,000 homes with 100+ product vendors, 6+ manufacturing partners and 2000+ employees working at present. In just 8 years we have opened our showrooms in 28+ cities and we have a total of 45+ experience centers pan-India. Voted as the best brand in the interiors category by Economic Times (2020), we are just getting started. Visit us on www.homelane.com to book your first free online design consultation.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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