+
Livspace makes $180 mn in a funding round by KKR, becomes unicorn
Interiors

Livspace makes $180 mn in a funding round by KKR, becomes unicorn

The company is on the lookout for younger startups and has already assessed a couple in the direct-to-consumer and content-oriented demand aggregator arena. Livspace, a home and interior platform, has secured $180 million in a Series F round headed by private equity firm KKR, with current investors including Ingka Group Investments, Jungle Ventures, Venturi Partners, and Peugeot Investments among others.

In an interview with Moneycontrol, Anuj Srivastava, the company's founder, and CEO said, "One of the main destinations for this funding would be in speeding our new country launches." The organization is also on the lookout for younger startups and has already assessed a couple in the direct-to-consumer and content-oriented demand aggregator spaces. It bought a majority stake in Singapore-based home design company Qanvast in December. Apart from India and Singapore, the company operates in the Gulf region and is trying to grow into further geographies in APAC, MENA, and Australia.

"Our investment in Livspace extends KKR’s long-term commitment to Indian consumers made through our growth technology strategy in India. Anuj and Ramakant have been leaders in evolving the home renovation industry, and KKR looks to draw on our deep technological and operational expertise, as well as our regional and global network, to support Livspace’s continued growth," KKR India partner and CEO Gaurav Trehan stated. KKR's investment in Livspace is part of the firm's Asia next-generation technology strategy. Livspace is KKR's newest growth technology investment in Asia, joining India's Lenskart and China's melancholy and Adopt A Cow as recent investments in the area. Adopt A Cow is a direct-to-consumer dairy company, while Lenskart and gloomy are eyeglasses companies.

Also read
https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/following-her-passion-for-design-with-perception-interiors-/32461
https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/flipspaces-drives-its-technology-suite-to-reshape-interior-designing/32280

The company is on the lookout for younger startups and has already assessed a couple in the direct-to-consumer and content-oriented demand aggregator arena. Livspace, a home and interior platform, has secured $180 million in a Series F round headed by private equity firm KKR, with current investors including Ingka Group Investments, Jungle Ventures, Venturi Partners, and Peugeot Investments among others. In an interview with Moneycontrol, Anuj Srivastava, the company's founder, and CEO said, One of the main destinations for this funding would be in speeding our new country launches. The organization is also on the lookout for younger startups and has already assessed a couple in the direct-to-consumer and content-oriented demand aggregator spaces. It bought a majority stake in Singapore-based home design company Qanvast in December. Apart from India and Singapore, the company operates in the Gulf region and is trying to grow into further geographies in APAC, MENA, and Australia. Our investment in Livspace extends KKR’s long-term commitment to Indian consumers made through our growth technology strategy in India. Anuj and Ramakant have been leaders in evolving the home renovation industry, and KKR looks to draw on our deep technological and operational expertise, as well as our regional and global network, to support Livspace’s continued growth, KKR India partner and CEO Gaurav Trehan stated. KKR's investment in Livspace is part of the firm's Asia next-generation technology strategy. Livspace is KKR's newest growth technology investment in Asia, joining India's Lenskart and China's melancholy and Adopt A Cow as recent investments in the area. Adopt A Cow is a direct-to-consumer dairy company, while Lenskart and gloomy are eyeglasses companies. Also read https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/following-her-passion-for-design-with-perception-interiors-/32461 https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/flipspaces-drives-its-technology-suite-to-reshape-interior-designing/32280

Next Story
Infrastructure Urban

APCRDA Approves Rs 9.04 Bn to Upgrade Infrastructure in 29 Amaravati Villages

The Andhra Pradesh Capital Region Development Authority (APCRDA), chaired by Chief Minister N Chandrababu Naidu, has approved Rs 9.04 billion for addressing key infrastructure gaps in 29 villages within Amaravati’s greenfield capital area, announced Municipal Administration Minister P. Narayana at the 51st CRDA meeting.The funds will be used to upgrade critical facilities including roads, drains, drinking water supply, sewerage systems, and street lighting. A detailed assessment revealed a 30 per cent shortfall in water supply, a total absence of sewerage infrastructure, a 40 per cent defici..

Next Story
Infrastructure Transport

Cabinet Approves Phase-1B of Lucknow Metro Rail Project Worth Rs 58.01 Bn

The Union Cabinet, led by Prime Minister Narendra Modi, has approved Phase-1B of the Lucknow Metro Rail Project in Uttar Pradesh. This phase covers an 11.165 km corridor with 12 stations—7 underground and 5 elevated—extending the city’s metro network to 34 km upon completion.Phase-1B targets the dense, historic parts of Lucknow, enhancing connectivity across key commercial, healthcare, tourist, and culinary hubs. Important areas served include Aminabad, Yahiyaganj, Pandeyganj, Chowk, King George’s Medical University, and landmarks like Bara Imambara and Rumi Darwaza.This expansion prom..

Next Story
Infrastructure Transport

Major Upgrades Planned for Tamil Nadu’s National Waterways

Tamil Nadu is poised for significant infrastructure upgrades across its National Waterways (NWs), with a focus on developing jetties, cargo hubs, and cruise tourism circuits, according to the Ministry of Ports, Shipping and Waterways. These projects aim to promote sustainable inland water transport and boost regional economic activity.Key projects include the development of Buckingham Canal (part of NW-4), with jetties planned at the following locations:Mahabalipuram to Ediyur BridgeCooum River near Marina BeachPulicat LakeEnnore Port to ETPS, specifically for cargo operationsOther National Wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?