Founded in 2014, Livspace has emerged as a game-changer in India's interior design industry. What began as a solution to its founders' personal renovation struggles is now a tech-enabled platform bridging the gap between homeowners, designers, and vendors.
Headquartered in Bangalore, Livspace offers end-to-end design, execution, and modular furnishing services, eliminating the chaos typically associated with home improvement.
With over $430 million in funding from global investors like KKR, TPG, and Ingka (IKEA's parent company), Livspace became a unicorn in 2022. Its revenue surged to ₹1,185 crore in FY24, though losses remain a challenge.
Still, the company has made notable progress in reducing its burn rate, expanding to 32+ cities and 4 countries.
Livspace's curated marketplace supports over 1,500 designers, offering personalized interiors across budgets. Strategic acquisitions, such as Singapore's Qanvast, and partnerships with IKEA and Schneider Electric, have strengthened its presence in APAC and the Middle East.
Despite occasional layoffs, Livspace continues to invest in tech, logistics, and customer experience.
With plans to hit $500 million in APAC revenue in the next 30 months, Livspace is redefining how the modern world experiences home design- beautifully, seamlessly, and affordably.
