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

03 Mar 2022 CW Team

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

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Real Estate

01 Dec 2025

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Infrastructure Energy

03 Dec 2025

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..