Livspace, which was founded in 2012, is a customized home design and decor souk for owners in India as well as South East Asia. This Bangalore based company has recently declared that it is has risen $4.6M Series A funding, which is led by Bessemer Venture Partners and Helion Venture Partners together with Jungle Ventures, a Singapore based venture as their investors. Livspace will make use of the funds to make new products as well as technology, create demand for its products, and boost its management team to spotlight on the $25B home décor and design market in India as well as South East Asia. Aakash Goel, Bessemer Venture Partners, India and Rahul Chowdhri, Partner, Helion, both will join the board of this company.
With Livspace, all the homeowners can find out a range of pre-created looks for all the rooms, kitchen, as well as storage areas in their abodes. Customers can pick and purchase these looks that are created by some of the international designers, and customize them online. In some weeks, they can get the exact customized interior design for their abodes that extend to end installation. This company also partners with a lot of huge real-estate developers and also has a ‘find your apartment’ trait to provide pre-created, ready-to-install design for consumers who purchase abodes from these developers.