# HomeLane

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/homelane

- Industry: Consumer Products
- Headquarters: Bangalore, India
- Website: www.homelane.com
- Total disclosed funding: $131M
- Latest round: Series F (Sep 30, 2024)
- Investors on record: 23

## About

HomeLane is a leading interior design firm in India, specializing in tailored design solutions to enhance residential spaces, including modular kitchens and custom furniture.Founded in 2014 and headquartered in Bangalore, India, HomeLane provides comprehensive interior design services. The company has successfully completed 18 deals, with its most recent venture funding round occurring on September 25, 2024, where it raised INR 2.55 billion from investors including Claypond Capital, Hero Enterprise Investment Office, Mirabilis Investment Trust, and WestBridge Capital Partners. The founders, Sagar Singhal, Srikanth Iyer, and Tanuj Choudhry, have established a strong presence in the interior design market.HomeLane specializes in providing comprehensive interior design solutions tailored to the unique needs of homeowners across India. Its core offerings include modular kitchens, wardrobes, and customized furniture, along with home décor services such as false ceilings, wallpaper application, and bathroom fittings. The design process is highly personalized, allowing clients to collaborate with design experts through online or in-person consultations. HomeLane caters to a diverse clientele in urban areas, with a focus on both middle-income and high-income segments.In 2023, HomeLane reported a revenue of INR 71,494,804 while experiencing an EBITDA of -INR 19,346,459. The company operates on a transaction-based revenue model, emphasizing transparency in pricing through detailed quotes covering all aspects of design and installation.In September 2024, HomeLane raised INR 2.55 billion in venture funding to accelerate its expansion plans. The company intends to utilize this funding to explore new markets and geographic regions, enhancing its product offerings to better serve its customers. Specific details on upcoming products or release dates have not been provided, but the focus will be on leveraging this capital for strategic growth initiatives.

## Funding rounds

- Series F, Sep 30, 2024, $21M — WestBridge Capital Partners, Alteria Capital, Konark Trust, Mirabilis Investment Trust, Hero Enterprise Investment Office, Claypond Capital, Blendarth Enterprises LIP, Shemaak Enterprises LLP, TEJSAR ENTERPRISES LLP
- Series E, May 20, 2023, $8.9M — Accel, Hong Shan, Evolvence Capital, Oman India Joint Investment Fund Management Company, JSW Ventures, 360 ONE, Aarin Capital
- Series E, Jan 11, 2022, $3.6M — Oman India Joint Investment Fund Management Company, 360 ONE, Stride Ventures
- Series E, Sep 9, 2021, $50M — Accel, Hong Shan, Evolvence India, Oman India Joint Investment Fund Management Company, 360 ONE, NuVentures, Stride Ventures, Pidilite Industries
- Series D, Aug 11, 2020, $3.7M — Accel, Hong Shan, Evolvence India, JSW Ventures
- Series D, Dec 20, 2019, $20M — Accel, Hong Shan, Evolvence Capital, FJ Labs, JSW Ventures, Pidilite Industries
- Series D, Oct 24, 2018, $5.9M — Accel, Hong Shan, JSW Ventures
- Series D, Jun 14, 2018, $3.5M — Brand Capital
- Series D, Sep 28, 2017, $6.7M — Accel, Hong Shan, RB Investments
- Series B, Mar 11, 2016, $3M — Hong Shan, Aarin Capital
- Series A, Jan 16, 2015, $4.3M — Hong Shan, Aarin Capital

## Investors

- Hong Shan — Series A, Series B, Series D, Series E
- Aarin Capital — Series A, Series B, Series E
- Accel (https://capitalatlas.ai/funds/accel) — Series D, Series E
- RB Investments (https://capitalatlas.ai/funds/rb-investments) — Series D
- Brand Capital (https://capitalatlas.ai/funds/brand-capital) — Series D
- JSW Ventures (https://capitalatlas.ai/funds/jsw-ventures) — Series D, Series E
- Evolvence Capital (https://capitalatlas.ai/funds/evolvence-capital) — Series D, Series E
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series D
- Pidilite Industries — Series D, Series E
- Evolvence India — Series D, Series E
- Oman India Joint Investment Fund Management Company (https://capitalatlas.ai/funds/oman-india-joint-investment-fund-management-company) — Series E
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series E
- NuVentures (https://capitalatlas.ai/funds/nuventures) — Series E
- Stride Ventures — Series E
- WestBridge Capital Partners (https://capitalatlas.ai/funds/westbridge-capital-partners) — Series F
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series F
- Konark Trust — Series F
- Mirabilis Investment Trust — Series F
- Hero Enterprise Investment Office — Series F
- Claypond Capital — Series F
- Blendarth Enterprises LIP — Series F
- Shemaak Enterprises LLP — Series F
- TEJSAR ENTERPRISES LLP — Series F