Livspace
Category: AI in Retail / E-commerce
Tech-enabled home interior design and renovation platform providing end-to-end interior solutions for residential and commercial spaces across India, Southeast Asia, and the Middle East. Livspace was founded in 2014. The company is led by Ramakant Sharma. Based in Singapore, Singapore (HQ); Bengaluru, India (India HQ). Total funding raised: $512M. Latest round: Series F. Key investors include KKR, Ingka Group Investments (IKEA), TPG Growth, Goldman Sachs, Jungle Ventures, Bessemer Venture Partners, Venturi Partners, Helion Venture Partners, Kharis Capital, Peugeot Investments.
- Founded
- 2014
- Headquarters
- Singapore, Singapore (HQ); Bengaluru, India (India HQ)
- Total funding
- $512M
Value proposition
One-stop shop for home interiors with lifetime warranty, 45-day move-in guarantee, 146 quality checks, 20 lakh+ catalogue products, 2,000+ designers, and tech-enabled design automation platform
Products and solutions
Modular Interiors (kitchen, wardrobe, storage), Full Home Interiors (turnkey solutions), Luxury Interiors, Value Interiors (affordable), Renovations, Commercial/B2B interior design, Livspace Select (modular products), Livspace Vesta (full home interiors)
Unique value
India's most trusted home interiors brand combining technology-driven design automation with an omnichannel experience (online + 22+ experience centres), backed by IKEA partnership and unicorn valuation
Target customer
Homeowners (residential); Commercial clients (offices, retail, hospitality); across India, Singapore, Saudi Arabia, and Southeast Asia
Industries served
Residential home interiors, Commercial/office interiors, Retail/hospitality interiors, Renovation services
Technology advantage
Home design automation platform for interior designers; AI agents deployed across core functions (sales, design, operations, marketing); proprietary technology stack for modular solutions; VR-enabled design studios; data-driven project management with 146 quality checks
How they differentiate
Differentiates through tech-enabled design automation platform, proprietary design software for interior designers, strong omnichannel presence with physical experience centres, strategic partnership with IKEA Singapore as official renovation partner, and AI-native transformation integrating AI agents across sales, design, operations, and marketing
Main competitors
HomeLane (merged with DesignCafe in 2024), Bonito Designs, Pepperfry
Key partnerships
IKEA Singapore (official renovation partner, joint planning studios), IKEA Ingka Group (strategic investor), WeWork, Decathlon, McDonald's, Domino's Pizza
Notable customers
WeWork, Decathlon, McDonald's, Domino's Pizza, Toothsi (commercial/B2B clients), 1,00,000+ happy homes (residential)
Major milestones
2014: Founded in Bengaluru, 2015: Launched private label modular kitchens/wardrobes, 2016: Launched home design automation platform, 2019: Entered Singapore market, partnered with IKEA, 2022: Raised $180M Series F led by KKR, became unicorn, 2025: Revenue reached ₹1,460 Cr ($164.8M), losses narrowed 42%, Ramakant Sharma elevated to CEO, Anuj Srivastava became Chairman, Acquired majority stake in Abby Lighting for ~$23M, 2026: Laid off ~1,000 employees (12% workforce) in AI-driven restructuring, Co-founder Saurabh Jain stepped down, Pivoting to AI-native agentic organization
Growth metrics
FY25 Revenue: ₹1,460 Cr (~$164.8M); 23% YoY growth; Losses reduced 42%; Adjusted EBITDA loss ~₹131 Cr; 1,00,000+ happy homes delivered; 20 lakh+ catalogue products; 2,000+ designers; 100+ cities; 22+ experience centres
Market positioning
Market leader in India's organized home interiors market; unicorn status achieved in 2022; operates across 100+ cities in India with 22+ experience centres; expanding in Southeast Asia and Middle East
Geographic focus
India (primary), Singapore, Saudi Arabia, UAE, Southeast Asia
About Ramakant Sharma
Ex-Myntra (Vice President, Engineering); Ex-Jungle Ventures (Operating Partner); IIT Kanpur alumnus
Latest news about Livspace
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Official website: https://www.livspace.com
