Ever since online portals stepped into market, huge number of buyers shifted their preference from physical shops to online stores. And why not, it saves your time and offers great price comparison. When apparels, books, cosmetics, medicines and everything else are making their own space in the online market, home décor and furnishing are also not lagging behind. The furnishing service is growing at 700 percent annually and in next two years we will see them close to $2 billion in Gross Merchandise Value (GMV).
Have you ever imagined getting furniture in good and proper condition at your doorstep? To introduce you to the best companies in this segment, here is the go-to list for best quality products.
FabFurnish is an online content-driven marketplace to discover and retail curated home décor products. The company was launched by Vaibhav Aggarwal, Vikram Chopra and Mehul Agrawal in 2012. The startup deals in furniture, furnishings, kitchenware and home décor. FabFurnish has almost everything be it elegant sofas, beds, dining sets, garden accessories, kitchen essentials, home appliances or classy artifacts. FabFurnish has raised more than $30 million from Rocket Internet and Kinnevik. It sells over 60,000 branded assorted products including brands like FabHome, KingSelect, and Elmwood etc.
Anuj Srivastava, Ramakant Sharma and Shagufta Anurag launched LivSpace in the year 2012. It is a newly set up e-commerce in the home décor space. Promoters are founders of one of the best and top rated design firms in the world (Space Matrix) with a focus on India and South East Asia. The startup secured $8 million from Helion Ventures, Jungle Ventures and Bessemer Ventures Partners for focusing on expansion and mobile plans on design enhancement of its products. They allow the customers to explore the world of interior designs according to their choice of colors, material and style.
PepperFry is India’s largest furniture and home online market with headquarters in Mumbai. It is an ideal platform for small and medium business artisans and merchants, who wish to sell their merchandize to millions of discerning customers. This site was founded by former eBay executives Ambareesh Murty and Ashish Shah in 2011. This site deals in all products from furniture to dining goods. It is also famous for enhancing craftsmen and business acumen talent of India. Its branches are present in more than 400 towns and have at least 16 distribution centers.
Founded by Ashish Goel and Rajiv Srivatsa, this startup tends to be the one stop destination for everything a user needs to beautify their homes. Their vision is to make a million Indian homes beautiful and Urban Ladder is synonymous with beautiful and thoughtful design, exemplary customer service, and unwavering focus on quality. They also offer a zero friction delivery. UrbanLadder has raised $77 million funding from top tier venture capital firms Steadview Capital, SAIF Partners, Kalaari Capital and Sequoia Capital. Mr. Ratan Tata, Chairman Emeritus of Tata Sons has also made a personal investment in Urban Ladder.
Mere buying a house doesn’t count as key to happiness. Making it a home with people and surroundings does. This startup was founded in 2013 by former Pearson CEO Srikanth Iyer along with colleague Rama Harinath. HomeLane is a holistic interior design marketplace that delivers innovative design services to residential spaces powered by an exceptionally talented community of professional interior designers and architects.
HomeLane.com is present in six cities and has 200 employees. It raised $4.5 million in funding from Sequoia Capital and has recently received funding of $50 million from Sequoia Capital and has acquired a tech-startup Doowup.
In 2012, Rahul Agrawal, Nikhil Saraf and Ranjeet Vimal founded MebelKart to let customers gain insight of their favorite stuffs like bean bags, seating, furniture, kid’s furniture, office furniture and home décor. With over 5,000 vendors and over 2.5 lakhs awesome products to choose from, they surely spoil you for choices. They also offer furniture rental services to grant people an option to rent premium furniture and that makes it stand out from the crowd.
It was founded by IITB-IIMA duo, Ajit Shegaonkar and Vikas Nair. It is a 3D online customizing furniture venture that allows customers to create and design their own prints and style. It aims to keep the products customization simple and easy. Initially, they raised $100k from Ajeet Khurana and other investors. Recently, they obtained $400k from Powai Lake Ventures and other individual angel investors.
You can also meet their interior designers in Bangalore, Hyderabad, Mumbai and Chennai. Their exclusive 45-day delivery commitment and 5-year warranty is an additional advantage.
There are hosts of second hand furniture startups on the rise in India. GoZefo, UsedFurnitures.in etc. are a few to be mentioned. If you know any other startups dealing in this segment, do let us know in the comments section below so that we can add them in the list.
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