Livspace, a Bangalore, India-based home interior design and decore platform, raised $8.6m in funding.
Backers include existing investors Helion Venture Partners, Bessemer Venture Partners and Jungle Ventures and angel Gokul Rajaram.
The company intends to use the funds to accelerate product and design innovation, expand across India, and build mobile and designer oriented products.
Launched in December 2014 by Anuj Srivastava, CEO, Ramakant Sharma, Director, and Shagufta Anurag, Chief Design officer, Livspace is a home design and décor platform that allows customers to discover interior designs for all types of rooms, personalize the design by color, material, style, and get the exact look for their homes in some weeks.
In its growth effort, the company has already acquired two companies: DezignUp, a dynamic design community and marketplace for consumers and design professionals, and Dwll.in, a curated online network of interior designers.
FinSMEs
11/08/2015