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India’s Livspace receives US$60 million from Tahoe Investment and EDBI

European investment firm Kharis Capital, and Nicholas Cator, MD of Venturi Partners also participated in this funding.

Ismawati Asmat31 Jan, 2020

India’s Livspace receives US$60 million from Tahoe Investment and EDBI

Livspace is a home design and renovation platform that facilitates the interaction between customers and interior and home designers as well as with suppliers.

In 2018, Livspace raised Series C funding from private equity firm TPG Growth, Goldman Sachs, and Jungle Ventures, among others.

Offering more than 2000 interior designs and 12000 products of modular storage, home improvement services and furniture, Livspace claims to have served more than 20,000 customers to date.

Livspace plans to make Singapore as its base for all Asia-Pacific markets, including Malaysia and Australia following the launch of its first international market there in October 2019.

Livspace‘s last reported investment was in May 2019 from IKEA’s strategic partner Ingka Group (Sweden).

Ismawati AsmatAuthor

Translator/Content Writer

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