Logo


Bengaluru-based online home design firm Livspace raises Rs 100 crore in fresh funding

Company plans to reach operational profitability in the next 12-18 months riding on its capital efficient model

Livspace co-founder and CEO Anuj Srivastava (standing) and  co-founder and director Ramakant Sharma
Livspace co-founder and CEO Anuj Srivastava (standing) and co-founder and director Ramakant Sharma

Bengaluru-basedonlinehomedesignanddecorstartupLivspacehasraisedRs100crore(approx$15million)infreshfundingledbyBessemerVenturePartnerstotakeonlargerrivalsUrbanLadderandPepperfry. FoundedbyformerGooglerAnujSrivastavaandex-VPofengineeringatMyntraRamakantSharma,LivspaceplanstoreacharunrateofRs600-700croreridingonitslatestroundoffunding.Furtherthecompanyplanstoreachoperationalprofitabilityinthenext12-18monthsridingonitscapitalefficientmodel. "Theoverallgrossmarginsofthebusinessisabout ...