Seventh unicorn start-up unveiled by a home renovation start-up in 2022
Interiors

Seventh unicorn start-up unveiled by a home renovation start-up in 2022

Livspace, a company, revealed on February 8, 2022 that it has raised USD 180 million in funding. This round of money, which we're discussing, was a late-stage round of funding headed by KKR and Co. Ikea, a Swedish retailer, Jungle Ventures, Venturi Partners, and Peugeot Investments were among the other investors in this round. The monies raised will be used to expand the company's operations outside of the country (overseas). The business also intends to use a portion of the cash raised to increase its presence in key areas, such as India, as well as to extend and broaden its product offerings. Ramakant Sharma and Anuj Srivastava launched the company in the year 2014. Its headquarters are in Bengaluru, Karnataka, India. The startup's main offices are in Singapore. The company is a home interior and remodelling firm that specialises in interior design and renovation services. This home renovation firm launched in Singapore in October 2019 and later partnered with IKEA in Singapore to provide renovation services. In the year 2014, the company began operations in India. Customers can choose between two services offered by the startup: Livdspace Select for modular products and Livspace Vesta for full house furnishings. The home restoration startup's total funds raised have climbed to USD 450 million. After this round of fundraising, the startup's worth reached USD 1.2 billion, surpassing the $1 billion milestone and joining the illustrious "Unicorn Club." The company is the seventh unicorn startup in India in 2022, and the 86th unicorn startup overall. The company has remodelled over 35000 homes and employs over 1500 experienced designers. Venturi, TPG, Goldman Sachs, Kharis Capital, FFP, Helion, Jungle Ventures, UC-RNT Fund, Edbi, and Pidilite are among the startup's investors. The firm expects a tenfold growth in revenue over the next 24-36 months. The home-improvement startup has something unique to offer. We wish the startup luck and wish it a great, beautiful, and bright future ahead of it!

Also Read
https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/flipspaces-drives-its-technology-suite-to-reshape-interior-designing/32280
https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/homelane-aims-to-raise-rs-1-500-crore-ipo-by-mid-2022/32174

Livspace, a company, revealed on February 8, 2022 that it has raised USD 180 million in funding. This round of money, which we're discussing, was a late-stage round of funding headed by KKR and Co. Ikea, a Swedish retailer, Jungle Ventures, Venturi Partners, and Peugeot Investments were among the other investors in this round. The monies raised will be used to expand the company's operations outside of the country (overseas). The business also intends to use a portion of the cash raised to increase its presence in key areas, such as India, as well as to extend and broaden its product offerings. Ramakant Sharma and Anuj Srivastava launched the company in the year 2014. Its headquarters are in Bengaluru, Karnataka, India. The startup's main offices are in Singapore. The company is a home interior and remodelling firm that specialises in interior design and renovation services. This home renovation firm launched in Singapore in October 2019 and later partnered with IKEA in Singapore to provide renovation services. In the year 2014, the company began operations in India. Customers can choose between two services offered by the startup: Livdspace Select for modular products and Livspace Vesta for full house furnishings. The home restoration startup's total funds raised have climbed to USD 450 million. After this round of fundraising, the startup's worth reached USD 1.2 billion, surpassing the $1 billion milestone and joining the illustrious Unicorn Club. The company is the seventh unicorn startup in India in 2022, and the 86th unicorn startup overall. The company has remodelled over 35000 homes and employs over 1500 experienced designers. Venturi, TPG, Goldman Sachs, Kharis Capital, FFP, Helion, Jungle Ventures, UC-RNT Fund, Edbi, and Pidilite are among the startup's investors. The firm expects a tenfold growth in revenue over the next 24-36 months. The home-improvement startup has something unique to offer. We wish the startup luck and wish it a great, beautiful, and bright future ahead of it!Also Read https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/flipspaces-drives-its-technology-suite-to-reshape-interior-designing/32280 https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/homelane-aims-to-raise-rs-1-500-crore-ipo-by-mid-2022/32174

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read the full article Click Here..

Next Story
Infrastructure Transport

No Freeway to Success

In FY21, the Indian highway network expanded at a daily rate of 37 km, setting a new record. This high more or less continued in the ensuing years, backed by the Ministry of Roads, Transport and Highways (MoRTH) awarding about 12,000 km of national highway projects annually from FY21 through to FY23. But project awarding slowed down to around 8,600 km in FY24 and is expected to have stayed at that level in FY25, observes Aniket Dani, Director – Research, Crisil Intelligence. Slower awards and slower execution go hand in hand. “The execution pace of national highways is estimated ..

Next Story
Infrastructure Urban

Breathing Room!

Hidden in plain sight, the Malabar Hill Forest Trail Project is a transformative initiative that brings together citizen-led vision, architectural sensitivity and sustainable construction to reclaim a forest stretch in the heart of Mumbai – without disturbing a single tree.Inaugurated on March 30, 2025, by Maharashtra Minister Mangal Prabhat Lodha, the project is the result of a unique collaboration between the Nepean Sea Road Citizens' Forum (NRCF), IMK Architects, the JSW Foundation, and the Brihanmumbai Municipal Corporation (BMC). This collaboration between citizens, architects, civic au..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?