Total amount raised
$431.6 Million
Latest funding date
2/1/2022
Location
Livspace has successfully raised funding over 12 rounds, attracting a total of 22 investors, including notable names like Jungle Ventures and Peugeot SA. The company continues to innovate in the interior design and renovation space, offering comprehensive solutions for homes and offices.
Keep reading to explore the intricacies of Livspace's fundraising journey and the investors backing this dynamic platform.
What Is Livspace?
Livspace, founded by Anuj Srivastava and Ramakant Sharma, is a prominent interior design company based in Bengaluru, Karnataka, India. The company operates in the Home Decor, Home Renovation, and Interior Design industries, providing comprehensive design solutions for homes and offices.
With a workforce of 1001-5000 employees, Livspace has established a strong presence across multiple cities in India, including Agra, Ahmedabad, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, and Pune. The company is known for its quality checks, warranties, and customer satisfaction, having designed over 1,00,000 residences.
How Much Funding Has Livspace Raised?
- Series A
- Amount Raised: USD 8,000,000
- Date: August 2015
- Lead Investors: Bessemer Venture Partners, Helion Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance technology infrastructure.
- Series B
- Amount Raised: USD 15,000,000
- Date: August 2016
- Lead Investors: Bessemer Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and improve service offerings.
- Debt Financing
- Amount Raised: Not publicly disclosed
- Date: December 2016
- Lead Investors: Trifecta Capital Advisors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support working capital and operational expenses.
- Series C
- Amount Raised: USD 70,000,000
- Date: September 2018
- Lead Investors: Goldman Sachs, TPG Growth
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and expand into new markets.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: May 2019
- Lead Investors: IKEA
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen strategic partnerships and enhance product offerings.
- Series D
- Amount Raised: USD 90,000,000
- Date: January 2020
- Lead Investors: Kharis Capital, Tahoe Investment Group, Venturi Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand international presence and invest in technology.
- Debt Financing
- Amount Raised: INR 300,000,000
- Date: October 2020
- Lead Investors: Trifecta Capital Advisors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational costs and business expansion.
- Corporate Round
- Amount Raised: USD 60,000,000
- Date: November 2021
- Lead Investors: Saint-Gobain
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product development and market reach.
- Series F
- Amount Raised: INR 13,430,000,000
- Date: February 2022
- Lead Investors: Kohlberg Kravis Roberts
- Valuation at Round: USD 1.2 billion
- Motivation Behind the Round: To expand overseas and deepen presence in core markets.
- Undisclosed
- Amount Raised: INR 4,272,100,000
- Date: April 2025
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth and operational needs.
Total Amount Raised: USD 1,200,000,000
Current Valuation: USD 1.2 billion
Key Investors
- Jungle Ventures
- Details: Jungle Ventures is a Singapore-based venture capital firm that invests in early to growth-stage companies in Southeast Asia and India. The firm is known for its strategic support and extensive network in the technology and digital sectors.
- Investment Focus Areas: Technology, consumer internet, enterprise technology
- Notable Investments: Kredivo, Moglix, Livspace
- Peugeot SA
- Details: Peugeot SA is primarily known for its automotive manufacturing but has diversified its investments into various sectors, including technology and innovation. The company is part of the larger Stellantis group.
- Investment Focus Areas: Automotive, technology, innovation
- Notable Investments: Various investments in automotive and technology sectors
- KKR
- Details: KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit. The firm is known for its strategic investments and operational expertise.
- Investment Focus Areas: Technology, consumer products, healthcare, energy, infrastructure, real estate
- Notable Investments: Lenskart, ByteDance, GoJek, Epic Games
- Ingka Group Investments
- Details: Ingka Group Investments is part of the Ingka Group, which includes Ikea. The firm focuses on investments that support Ikea's long-term growth and sustainability.
- Investment Focus Areas: Retail, sustainability, innovations
- Notable Investments: TaskRabbit, Traemand, Livspace
- Venturi Partners
- Details: Venturi Partners is a venture capital firm that invests in consumer brands and technology companies in emerging markets. The firm aims to support high-growth companies with strategic and operational expertise.
- Investment Focus Areas: Consumer brands, technology, emerging markets
- Notable Investments: Livspace and other consumer technology companies
What's Next for Livspace?
Livspace is poised for significant growth as it expands into new markets across APAC, MENA, and Australia. The recent acquisition of Qanvast will bolster its presence in Singapore and beyond, leveraging the growing demand for home renovation and interior design services.
Future fundraising opportunities appear promising, with high-profile investors like KKR and Ingka Group Investments showing strong confidence in Livspace's potential. This financial backing will support further market penetration and technological advancements, ensuring the company remains competitive.
However, Livspace will face challenges such as navigating diverse regulatory environments and managing competition from established players. Successfully integrating new acquisitions and scaling operations will be crucial for sustaining its growth trajectory.
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