Bengaluru: HomeLane is in the process of raising USD 3.8 million to top up its ongoing Series D round from existing investors.
In December last year HomeLane had raised $30 million in a fresh round of funding to fuel its expansion into home renovation as a service and to expand into 10 new cities.
Series D round was led by new investors, including a Dubai-based investor’s private equity firm Evolvence India Fund (EIF), Pidilite Group and New-York based investment firm FJ Labs, with participation from Sequoia Capital, Accel Partners, and JSW Ventures.
Founded in 2014 by Rama Harinath, Srikanth Iyer, and Vivek Parasuram, the startup provides end-to-end interior design solutions to customers.
Users log onto HomeLane, engage with designers on the platform to customize designs and furniture sets best-suited to their needs.