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Building a house is an achievement in this today’s world. Even it is a matter of prestige and social status.
So, everyone is conscious of their first construction. Apart from this, there is a lot of work to be done. Like, interior design to the building.
Home interior design is the most sensitive work. Because it is expensive and no minor flaw is acceptable. So, it is one of the important tasks to handle while constructing the house.
Not only on constructing the building, but even renovating is also an equivalent task. Some people would not like the interior of the house. In some cases, people wish to renovate according to the latest trend.
So, Home interior designing is a tough job to get done. Even people will struggle to find one good home design contractor.
There are a lot of difficulties while finding a home designing agency. So, in India, home design has a lot of prominences but there is not good service all over.
To solve all the home interior design problems, Livspace is the best solution. It is one of the best startups which is focusing to provide good services in the home designing field.
In this blog, we have are describing the Livspace startup story deeply.
Livspace is an Indian startup, provides the best and affordable home interior design services. This startup has gained a lot of prominence over the years.
In India, Livspace startup is providing a platform to renovation platform. Even the whole process is digital. Like, contacting the best home designer and getting beautiful home designs.
Even the home designs are also according to the latest trend. As the Livspace platform connects the home owners to certified designers and vendors.
Till now the platform has given service to over 5,100 homes. Even they got more than 1,20,000 resign requests. Livspace startup has the best home designers and they are trustworthy.
Livspace company provides consumers best service and offers. Even there will be no hidden charges or commission. Each process is transparent.
So, people can easily get the services from Livspace with any kind of bribery. Even Livspace startup made their acquisition, Yo Floor, DesinUP, and Dwll IN.
Livspace is working hard, to reach people. Even they have expanded to various countries like Malaysia, Singapore, and South Africa.
Even Livespace has a presence in more than 21 cities across India. So, Livspace startups are one of the leading home automation platforms in India.
Then the startup is now expanding its services to middle east countries with the partnership with Alsulaiman Group.
Livspace startup story is inspiring to all the startups. Because it has done so many innovative processes in the industry.
Livspace startup story
Startups bring new and unique services to society. Even it always brings innovation to the services and makes the process hassle-free.
Livspace startup story is a relevant example. Because Livspace startup has brought tremendous change in the home interior industry.
The home interior and renovation industry were fragmented across India. For home interior designing, people have to contact so many people.
Then there were so many problems in understanding the design of the contractor.
Even, sometimes it is tedious to convince the home interior designer of the design. So, there were a lot of flaws between the homeowners and the designers.
This was the problem existing in the home design industry. Both Anuj Srivastava and Ramakatn Sharma understood the problem. Then found the best idea to start a startup.
Even both had discussed the problem in college many times. In 2014, started Livspace startup. Then, the platform provides the best home interior and renovation services.
Now, Livspace is serving in the major cities in India. Like Delhi, Noida, Mumbai, Thane, Pune, Hyderabad, Ahmedabad, Calcutta, Kochi, Jaipur, and Chennai.
Even some of the major investors are backing them TPG Growth, Goldman Sachs, Bessmer Ventures, Jungle Venture, and Helion Venture Partner
Any startup’s progress and success are because of the mission of its founders. Even the founders are the pillar for the startup growth.
Even Livspace founders Anuj Srivastava and Ramakant Sharma are done a lot of massive works.
Anuj Srivastava is intelligent and has done smart work in Livspace. He has a deep understanding of the consumer. Even he had a lot of experience in products designing.
Anuj Srivastava was a Product marketing for the e-commerce team at Google. So, he has the wider expansion of consumer behavior. Even he knows the exact problem of the consumer in a specific sector.
He has done his Graduation in IIT Kanpur. Even he had a lot of passion for business. So, his passion took him to MBA at London Business School.
So, Anuj Srivastava had a lot of experience in the consumer-centric market. Livspace can able to grasp the growth because of the Srivastava strategies.
On the other side, Ramakant Sharma is the co-founder of Livspace. He comes from a high set of skillful backgrounds. Even he has immense experience in e-commerce, product development, internet technologies, and digital marketing.
Livspace founder, Ramakant Sharma is an ex-employee from Myntra. As he was serving as Vice president. Besides, he had done his graduation from IIT Kanpur.
His love for business made him study MBA at the Indian School of Business, Hyderabad.
So, Anuj Srivastava and Ramakant Sharma made the best plans with their experience. As a result, the Livspace startup story is an inspiration for all budding entrepreneurs.
Even the Livspace startup had got three awards so far
- “Innovation startup of the Year” in 2015
- “Worlds most innovative Company” 2017
- ” Best Interior design solution’ in 2021
Livspace startup story: Fundings
Livspace startup, in its fundings round in September 2020 was able to raise $200 million.
Investors were Inyka Venture(IKEA), TPG Growth, Goldman Sachs, Kharis Capital Venture Partner.
In its Series D, Livspace was successful in raising $90 million. The lead investors were Kharis Capital, Nicholas Cartars Venture Partner and Peugeot Group, and EDBI.
Even existing investors TPG Growth, Goldman Sachs, UC-RNT, and Bessemer Venture took part in the investment.
In its Series C, Livspace raised $70 million led by TPG Growth and Gold Sachs.
Livspace is one of the leading home automation startups in India. So, it is essential to have the right founders and problems to build a successful startup.
Livspace startup story should be the best example for startups and entrepreneurs.