# Bonito Designs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bonito-designs

- Industry: Business Support Services
- Headquarters: Bangalore, India
- Website: www.bonito.in
- Total disclosed funding: $4.4M
- Latest round: Series A (Jun 15, 2023)
- Investors on record: 3

## About

Bonito Designs is an interior design firm specializing in personalized design solutions, project management, and execution of home interiors, blending modern aesthetics with vintage charm.Founded in 2012, Bonito Designs is based in Bangalore, India, and provides comprehensive interior design services. The company was established by Vathsala Rangegowda and has executed a total of 4 deals, with its most recent round of funding on June 28, 2023, raising INR 400 million from investors including HDFC Bank and Tomorrow Capital. The firm’s current valuation stands at INR 6,500 million, reflecting its established presence in major urban markets.Bonito Designs specializes in delivering tailored interior design solutions through services such as design consultation and project management. They collaborate with renowned designers like Gauri Khan and Manish Malhotra to provide exclusive design themes. The firm targets diverse clientele, ensuring quality assurance and project management through a seven-stage quality check process, and has completed projects in metropolitan areas such as Bengaluru and Mumbai.In 2023, Bonito Designs reported a revenue of INR 12,949,094.50, with an EBITDA of INR -2,603,380.20. Revenue is primarily generated from direct-to-consumer engagements, allowing clients to access tailored design packages, including celebrity-curated themes, with a transparent pricing structure.On June 28, 2023, Bonito Designs secured INR 400 million in funding to enhance its market presence in Mumbai and Bengaluru, and to pursue further expansion in Hyderabad and Pune. The funding will support strategic initiatives aimed at launching new products and strengthening operations in these promising markets.

## Funding rounds

- Series A, Jun 15, 2023, $4.4M — HDFC Bank, Trifecta Capital, Tomorrow Capital

## Investors

- HDFC Bank — Series A
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series A
- Tomorrow Capital (https://capitalatlas.ai/funds/tomorrow-capital) — Series A
