Start-Up Homelane Raises $50M In Series E Round
Interiors

Start-Up Homelane Raises $50M In Series E Round

In a Series E investment round headed by IIFL AMC's Late Stage Tech Fund, OIJIF II (Oman India Joint Investment Fund), and Stride Ventures, Bengaluru-based technology-based home interiors service company HomeLane raised $50 million (Rs 371 crores). Pidilite, Evolvence, NuVentures, Sequoia, and Accel were among the existing investors who took part in the round.

HomeLane has now raised a total of $104 million (Rs 765 crore) in funding over the previous seven years, according to the official announcement. This fundraising transaction was advised solely by The RainMaker Group.

Srikanth Iyer, HomeLane's co-founder and CEO, told YourStory that the business plans to use the funds for three things: brand promotion, platform enhancement, and new tech product development.

HomeLane, which was founded in 2015, offers customised and professional end-to-end tech-enabled home interior services. The company claims to have amassed a client base of over 20,000 people across the country.

Tanuj stated that because of the COVID-19 epidemic, users who had previously purchased homes required their interiors to be done. They felt more comfortable communicating with the designers online owing to the lockdowns and limitations.

He also stated that people had been thinking about their houses a lot more in the last year. During the pandemic, HomeLane saw a 10% rise in order value as a result of this. "Users are buying more items, not necessarily expensive products, but products like work from home furnishings to make their homes more comfortable," he noted.


In a Series E investment round headed by IIFL AMC's Late Stage Tech Fund, OIJIF II (Oman India Joint Investment Fund), and Stride Ventures, Bengaluru-based technology-based home interiors service company HomeLane raised $50 million (Rs 371 crores). Pidilite, Evolvence, NuVentures, Sequoia, and Accel were among the existing investors who took part in the round.HomeLane has now raised a total of $104 million (Rs 765 crore) in funding over the previous seven years, according to the official announcement. This fundraising transaction was advised solely by The RainMaker Group.Srikanth Iyer, HomeLane's co-founder and CEO, told YourStory that the business plans to use the funds for three things: brand promotion, platform enhancement, and new tech product development.HomeLane, which was founded in 2015, offers customised and professional end-to-end tech-enabled home interior services. The company claims to have amassed a client base of over 20,000 people across the country.Tanuj stated that because of the COVID-19 epidemic, users who had previously purchased homes required their interiors to be done. They felt more comfortable communicating with the designers online owing to the lockdowns and limitations.He also stated that people had been thinking about their houses a lot more in the last year. During the pandemic, HomeLane saw a 10% rise in order value as a result of this. Users are buying more items, not necessarily expensive products, but products like work from home furnishings to make their homes more comfortable, he noted.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?