HomeLane Raises $30M in Series D Funding

homelane

HomeLane, a Bangalore, India-based furniture company, raised $30m in Series D funding.

The round, which brought total funding raised to date to $46m, was led by Evolvence India Fund (EIF), Pidilite Group and FJ Labs with participation from existing investors Accel Partners, Sequoia Capital and JSW Ventures.

The company intends to use the funds to expand operations and its business reach to other cities as well as to extend its development efforts.

Co-founded by Rama Harinath and Srikanth Iyer, HomeLane is a holistic furniture business that delivers smart interior solutions. Its platform allows homeowners to receive quotes, get and manage customized furniture projects for their apartments and houses in Bangalore, Chennai, Hyderabad and Mumbai.

The company’s designers specialize in home interior designs and home d├ęcor, and help users create a personalized home that suits their lifestyle.

HomeLane has established 16 experience centers in seven Indian cities which enable people to see materials and furniture.

FinSMEs

05/01/2020

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