Livspace Lands $8M To Expand Its Online Home Design Service In India

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techcrunch.comThe Bangalore-based company landed a $4.6 million Series A round earlier this year, and this new raise is described as an expansion of that round. Existing investors Helion Venture Partners, Bessemer Ventures Partners and Jungle Ventures fronted the cash, while a number of undisclosed “prominent” angels also put in. The company said the money will be used to expand into more cities, make senior hires and develop its mobile apps and other products.

Livspace, which launched in December 2014, aims to make outfitting a property in India as easy as buying groceries or other products online. The online store includes a range of usual home furnishing products — think beds, tables, wardrobes, kitchens, etc — as well as bespoke room/flat designs created by designers. Customers can also use the service to create their ownentirely unique style via a roster of designers who can be hired on a consultancy basis via Livspace.

Read more at techcrunch.com

 

photo CC by Sonny Abesamis

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