Homelane Aims To Raise Rs 1,500-Crore IPO By Mid-2022

25 Jan 2022 CW Team

HomeLane, a home interior business funded by former Indian cricket captain Mahendra Singh Dhoni, wants to earn up to Rs 1,500 crore through an initial public offering, which is expected to enter the market by mid-2022, according to various sources familiar with the situation.

It will be a mix of main and secondary shares, with some existing investors, such as Sequoia Capital and Accel Partners, exiting in part. Currently, investors such as Sequoia Capital, Accel Partners, IIFL AMC, Oman India Joint Investment Fund, Stride Ventures, Pidilite, Evolvence, K Ganesh-backed Growth Story, Aarin Capital, Baring Private Equity Partners, RB Investments, JSW Ventures, and NuVentures own approximately 70% of Bengaluru-based HomeLane.

HomeLane CEO Srikanth Iyer and a Sequoia spokesman declined to comment, while emails sent to Accel Partners were not returned. HomeLane, founded in 2014 by Srikanth Iyer and Tanuj Choudhry, offers end-to-end personalised home decor solutions. Through 34 experience centres in 19 Indian locations, the organisation has serviced over 20,000 consumers.

HomeLane received Rs 370 crore ($50 million) in a Series E round headed by IIFL AMC's Late Stage Tech Fund, Oman India Joint Investment Fund, and Stride Ventures in September. In the last seven years, the firm has raised more than Rs 765 crore ($104 million). According to reports, HomeLane was valued at Rs3600 crore in this current round. For 2020-21, it reported revenue of Rs 270 crore. HomeLane partnered with Dhoni as an equity partner and brand ambassador in August of last year. He is HomeLane's first brand ambassador and the first celebrity to promote a home interiors company from start to finish.

According to bankers and experts, eight Indian technology businesses will go public in 2021, and the IPO frenzy is predicted to continue. Excluding LIC, the amount may reach Rs 44,000 crore by March 31, 2022.

Also read
https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/maximalism---biophilic-designs-to-reinvent-home-decor-in-2022/31939
https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/leading-architects-pitch-for-sustainability-in-future-architecture/31795

HomeLane, a home interior business funded by former Indian cricket captain Mahendra Singh Dhoni, aims to earn up to Rs 1,500 crore through an initial public offering, which is expected to go public in mid-2022, according to various sources familiar with the situation. HomeLane, a home interior business funded by former Indian cricket captain Mahendra Singh Dhoni, wants to earn up to Rs 1,500 crore through an initial public offering, which is expected to enter the market by mid-2022, according to various sources familiar with the situation. It will be a mix of main and secondary shares, with some existing investors, such as Sequoia Capital and Accel Partners, exiting in part. Currently, investors such as Sequoia Capital, Accel Partners, IIFL AMC, Oman India Joint Investment Fund, Stride Ventures, Pidilite, Evolvence, K Ganesh-backed Growth Story, Aarin Capital, Baring Private Equity Partners, RB Investments, JSW Ventures, and NuVentures own approximately 70% of Bengaluru-based HomeLane. HomeLane CEO Srikanth Iyer and a Sequoia spokesman declined to comment, while emails sent to Accel Partners were not returned. HomeLane, founded in 2014 by Srikanth Iyer and Tanuj Choudhry, offers end-to-end personalised home decor solutions. Through 34 experience centres in 19 Indian locations, the organisation has serviced over 20,000 consumers. HomeLane received Rs 370 crore ($50 million) in a Series E round headed by IIFL AMC's Late Stage Tech Fund, Oman India Joint Investment Fund, and Stride Ventures in September. In the last seven years, the firm has raised more than Rs 765 crore ($104 million). According to reports, HomeLane was valued at Rs3600 crore in this current round. For 2020-21, it reported revenue of Rs 270 crore. HomeLane partnered with Dhoni as an equity partner and brand ambassador in August of last year. He is HomeLane's first brand ambassador and the first celebrity to promote a home interiors company from start to finish. According to bankers and experts, eight Indian technology businesses will go public in 2021, and the IPO frenzy is predicted to continue. Excluding LIC, the amount may reach Rs 44,000 crore by March 31, 2022.Also read https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/maximalism---biophilic-designs-to-reinvent-home-decor-in-2022/31939 https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/leading-architects-pitch-for-sustainability-in-future-architecture/31795

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Infrastructure Transport

05 Feb 2026

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Infrastructure Transport

05 Feb 2026

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..