Peak XV’s Surge led $1.6 M Seed funding secured by interior-designing platform Boxes
By 2027, the value of the Indian interior design market is predicted to reach US $38.2 million, driven by soaring real estate demand, rapid urbanization, and rising incomes. However, for the designers actually doing the work, it can be a laborious process to translate their imaginative visions into actual structures.
Using simple tools like Microsoft Excel, traditional methods coordinate with numerous contractors and other vendors. This frequently results in project delays, degraded quality, and significant cost overruns.
Boxs, a B2B manufacturing platform for interior designers and architects, is based in India and is attempting to streamline the design-to-build process.
To assist designers in estimating costs, the start-up offers easily customizable design modules and an instant pricing engine. Additionally, it automates assembly and manufacturing, shortening construction schedules and freeing up designers to concentrate on their originality.
The company’s seed round, which was led by Surge, Peak XV’s rapid scale-up program, brought in US $1.6 million. Boxs will develop its products and increase its manufacturing capacity using the new funds. Other investors included Titan Capital, Vishal Chaudhary, Amit Acharya, Srinath Ramakkrushnan, Rahul Sharma.
“Boxs was started with a simple idea – what if the broken and inefficient build phase could be replaced with a simple IKEA-like experience?” said co-founder Vikram Venkatesan.
Satheesh Ramdass co-founded Boxs with Venkatesan. Venkatesan has directed product and engineering teams at DE Shaw, Thoughtworks, and Ally.io, whereas Ramdass served as a tech lead at organizations like Oracle, Microsoft, and Vegrow.
