HomeLane Revenue, Valuation, Funding & Investors

HomeLane is valued at $321M as of September 2024, a 3.3x multiple on its last reported $96M revenue.

Last HomeLane valuation

$321M

Undisclosed stage · Sep 2024

Last HomeLane funding round

$27M

Undisclosed stage · Sep 2024

HomeLane revenue

$96M

Undisclosed stage · Sep 2024

Key investors in HomeLane

  • Peak XV Partners
  • Accel
  • Evolvence India Fund
  • Aarin Capital
  • JSW Ventures
  • Pidilite

HomeLane Overview

About HomeLane

HomeLane is a Bangalore-headquartered home interiors firm delivering customized designs across India. Since 2014, it has completed over 21,000 projects in cities including Mumbai, Delhi, and Chennai, providing free design consultations with modular furniture, wardrobes, and kitchen solutions from its manufacturing facilities.


Founded

2014

HQ

IndiaBangalore

Status

Privately held

Customer focus

B2C

Revenue model

Services, Product sales

Revenue

$96M (Sep 2024)

Valuation

$321M (Sep 2024)

HomeLane Valuation

HomeLane is currently valued at $321M, based on its undisclosed-stage round in September 2024.

The $27M round included Hero Enterprise.

HomeLane's valuation has moved from $475M at its Series E in September 2021 to $321M in September 2024, across 2 priced rounds.

HomeLane valuation by funding round

Revenue multiple
HomeLane valuation by funding round
DateStageValuationRevenue Multiple
Sep 2024Undisclosed stage$321M3.3x
Sep 2021Series E$475M-

HomeLane Revenue

HomeLane's latest recorded revenue is $96M, as of its undisclosed-stage round in September 2024. At a $321M valuation, that implies a 3.3x revenue multiple.

HomeLane revenue by funding round

HomeLane revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Sep 2024$96M$321M3.3xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

HomeLane Funding History

HomeLane has raised a total of $147M across 10 funding rounds.

HomeLane's first fundraising round was a $5M Series A in February 2015. The most recent completed round was a $27M undisclosed-stage round in September 2024.

HomeLane funding rounds

HomeLane funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2024Undisclosed stageHero Enterprise$27M$321MHomeLane, a Peak XV-backed home interior design startup founded in 2014, announced a transformational Rs 225 crore funding round in September 2024 from Hero Enterprise, Claypond Capital, and existing investors including Accel, Evolvence, and WestBridge Capital. Simultaneously, HomeLane completed its acquisition of smaller rival DesignCafe in a share-swap transaction, creating a combined entity targeting Rs 1,000 crore in revenue for fiscal year 2025. The combined company was valued at Rs 3,000 crore post-acquisition. At the time of the funding announcement, co-founders Srikanth Iyer and Tanuj Choudhry stated the merged entity had achieved an annual recurring revenue (ARR) run rate of Rs 900 crore and was already cash profitable with negative 2 percent EBITDA margin. HomeLane's fresh capital was designated for growth investments, technology development, and expansion into middle and lower-middle market segments. The acquisition accelerated the company's public market timeline from 24-36 months to 9-15 months, with Hero Enterprise's backing offering synergies through Hero Realty. Prior to this funding, HomeLane had raised approximately $133 million across multiple rounds from institutional investors, positioning it as a market leader in India's home interiors space alongside acquired entities HomeLane, DesignCafe, and Doowup.
Jun 2023Series A-$9M-HomeLane provides end-to-end personalised home interior makeovers. In the financial year ended March 2023, the startup grew its revenue by 40% with an annual revenue rate of Rs 1,000 crore. It raised $9 million (Rs 75 crore) in a bridge funding round from existing backers around June 2023. The company is backed by investors including Pidilite, Evolvence, NuVentures, Peak XV Partners, and Accel. Later, HomeLane acquired rival DesignCafe in a share-swap deal valuing the combined entity at Rs 3,000 crore and raised Rs 225 crore from Hero Enterprise, Claypond Capital, WestBridge Capital, and others. The merged entity targeted Rs 1,000 crore revenue in FY25, up 33% from Rs 761 crore in FY24, with a revenue ARR of Rs 900 crore and -2% EBITDA. In FY25, HomeLane reported operating revenue of INR 747.8 Cr, up 22% YoY, with EBITDA loss at INR 74.7 Cr. Overall, HomeLane has raised about $157M-$208M across multiple rounds.
Sep 2021Series E360 ONE Asset (lead); Oman India Joint Investment Fund (lead); Stride Ventures (lead); Evolvence India Fund; Pidilite; NuVentures; Accel; Peak XV Partners$50M$475MHomeLane is a tech-enabled home interiors brand founded in 2014 that provides end-to-end personalized interior makeovers to Indian homeowners. The company had expanded to 16 cities by the end of FY21 and had delivered services to over 20,000 customers across the country. In the financial year 2021-22, HomeLane recorded FY21 revenue of Rs 268 crore, representing a 16 percent rise from the prior year, and had an order book of Rs 820 crore ARR at the end of FY21. The company significantly improved profitability metrics, reducing EBITDA losses from -36 percent margin in FY20 to -21 percent in FY21, driven by strong business recovery in Q3-Q4 2021 following pandemic-related challenges. HomeLane raised $50 million in Series E funding in September 2021 from lead investors 360 ONE Asset, Oman India Joint Investment Fund, and Stride Ventures, though the post-money valuation was not publicly disclosed. The funding was intended to scale operations and expand market reach. Later developments showed the company acquiring rival DesignCafe in a share-swap deal, eventually achieving EBITDA profitability in Q4 FY25 with combined revenue of Rs 756 crore for the integrated entity.
Aug 2020Series AEvolvence India Fund; Accel; JSW Ventures; Peak XV Partners$5M--
Dec 2019Series DEvolvence India Fund (lead); FJ Labs (lead); Pidilite; Accel; JSW Ventures; Peak XV Partners$30M-HomeLane, founded in 2014 by Srikanth Iyer and others, is a Bangalore-based startup offering end-to-end personalized home interior design and renovation services, including fitted kitchens, wardrobes, and entertainment units through its proprietary 3D design platform SpaceCraft powered by AI and AR. It operates experience centers in multiple Indian cities, targeting the middle-market segment with guaranteed on-time delivery and after-sales support, competing with players like Livspace and Urban Ladder. In December 2019, HomeLane raised $30 million in a Series D round led by Evolvence India Fund and FJ Labs, with participation from Pidilite Group, Accel Partners, Peak XV Partners (formerly Sequoia Capital India), and JSW Ventures, bringing total funding to $46 million. The capital was earmarked for expanding to 8-10 additional cities from seven, enhancing technology infrastructure, hiring more designers and vendors, entering the home renovation market, and improving SpaceCraft capabilities. At the time of the round, HomeLane projected an ARR of INR 700 crore (about USD 98 million) by the end of FY2020 and aimed for company-wide EBITDA profitability in early FY2021. Earlier financials showed revenue of $5.6 million with a net loss of $4.1 million for the fiscal year ended March 2018, and the company claimed it was approaching EBITDA profitability. HomeLane continued raising funds post-2019, including convertible notes in 2020 and 2023, and a $27 million round in 2024, while later merging with rival DesignCafe and reporting combined operating revenue of Rs 751 crore in FY24 and Rs 748 crore in FY25 with narrowing EBITDA losses.
Feb 2019Series DAccel (lead); Peak XV Partners (lead)$1M--
Jun 2018Series DBrand Capital (lead)$4M-HomeLane is an interior design solutions marketplace offering end-to-end personalized home interior services in cities including Bengaluru, Chennai, Hyderabad, Mumbai, and Delhi-NCR. In June 2018, it raised $3.5 million (Rs 24 crore) from Brand Capital, the ad-for-equity arm of Bennett, Coleman and Company Ltd (BCCL). This followed a $10 million raise in December 2017 from Accel Partners, Sequoia Capital, and RB Investments. The company planned to use the funds for expansion, brand strengthening, and doubling experience centers in existing markets. HomeLane targeted Rs 200 crore in annual revenue by March 2019.
Dec 2017Series CRB Investments Pte. Ltd.; Accel; Peak XV Partners$10M-HomeLane, an online home interiors platform founded in 2014, raised $10 million from Accel Partners, Sequoia Capital (now Peak XV Partners), and RB Investments in December 2017. The Bengaluru-based company operates in cities including Bengaluru, Hyderabad, Chennai, Mumbai, and recently launched in Delhi-NCR following its acquisition of Capricoast for Rs 90 crore. It provides end-to-end home design and furnishing solutions, managing designers, manufacturers, and installations, with a virtual design platform called SpaceCraft. The funding supports growth, technology innovation, expansion in existing markets, and hiring. HomeLane reported over 100 new orders per month, 1,700 installations completed at an average ticket size of Rs 6.5 lakh, and aimed to double revenues by 2018. The company claimed operational profitability and proximity to breaking even, positioning it to capture share in India's emerging organized home design market against competitors like Livspace and Pepperfry. Prior to this round, HomeLane had raised about $15 million from investors including Sequoia Capital, Aarin Capital, Growth Story, and Baring PE, bringing total funding to around $25 million.
Aug 2016Series BAarin Capital (lead); Sequoia Capital (lead)$6M--
Feb 2015Series APeak XV Partners (lead); Aarin Capital$5M-HomeLane is an online platform providing end-to-end home interior design, furnishing, and installation services for urban Indian home buyers. Founded in 2014 by Srikanth Iyer and others, it launched in Bengaluru and focused on simplifying home designing and furnishing processes. In February 2015, HomeLane raised $4.5 million in a Series A round led by Sequoia Capital (now Peak XV Partners) with participation from Aarin Capital. The funds were allocated to expand operations to ten new cities, enhance technology, and boost marketing efforts. At the time, HomeLane reported 100% month-on-month growth and projected a $2 million monthly run rate by mid-2015. The company operated in cities including Bengaluru, Hyderabad, Chennai, Mumbai, and later Delhi-NCR. HomeLane competed in India's recovering housing market, supported by government plans for $2 trillion in real estate investment for affordable housing. Subsequent developments included a $10 million raise from Accel Partners, Sequoia Capital, and RB Investments, acquisition of Capricoast for Rs 90 crore, and claims of operational profitability.

Who has invested in HomeLane?

15 investors have backed HomeLane across its funding rounds, including Peak XV Partners, Accel, Evolvence India Fund, Aarin Capital, JSW Ventures and Pidilite.

Lead investors include 360 ONE Asset, Oman India Joint Investment Fund, Stride Ventures, Evolvence India Fund, FJ Labs and 5 other investors.


HomeLane Investors

Investors in HomeLane by funding rounds participated
InvestorHQRoundsRoleFirst check
Peak XV PartnersIndiaBangalore6LeadFeb 2015
AccelUnited StatesPalo Alto, CA5LeadDec 2017
Evolvence India FundIndiaMumbai3LeadDec 2019
PidiliteIndiaMumbai2ParticipantDec 2019
Aarin CapitalIndiaIndia2LeadFeb 2015
JSW VenturesIndiaMumbai2ParticipantDec 2019
Stride VenturesIndiaNew Delhi1LeadSep 2021
FJ LabsUnited StatesNew York City, NY1LeadDec 2019
RB Investments Pte. Ltd.SingaporeSingapore1ParticipantDec 2017
Hero EnterpriseIndiaNew Delhi1ParticipantSep 2024
Oman India Joint Investment FundIndiaMumbai1LeadSep 2021
Sequoia CapitalUnited StatesSan Francisco, CA1LeadAug 2016
360 ONE AssetIndiaIndia1LeadSep 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by HomeLane

HomeLane has acquired 2 companies to date.

Last acquisition by HomeLane was on November 20th 2017. HomeLane acquired CapriCoast for $14M.


Latest Acquisitions by HomeLane

CapriCoast
doowup
Description
CapriCoast is a Mumbai-based online platform for modular kitchen furniture in India. The company offers over 500 3D-configurable kitchen designs in L-shaped, U-shaped, and island layouts, with materials like plywood, laminates, and quartz countertops. CapriCoast provides straight-line pricing from ₹1.5 lakh to ₹20 lakh per project, including free design consultations via phone or site visits. Launched in 2016, it delivers pan-India through partnerships with local fabricators.
doowup is a Seoul-based startup delivering retail customer enhancement solutions through data analytics and personalization tools. The platform helps retailers optimize customer engagement via targeted recommendations and loyalty programs. Founded in 2015, doowup serves small to medium-sized fashion and lifestyle stores in South Korea, processing millions of transaction records to boost conversion rates by up to 30 percent. Its cloud-based system integrates with POS terminals and e-commerce platforms like Cafe24.
HQ CountryIndiaIndia
HQ City
Bangalore
Bangalore
Deal Date20 Nov 201715 Sep 2015
Valuation$14Mundisclosed
EV/Revenue
EV/EBITDA

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Investments by HomeLane

HomeLane has invested in 1 company to date.

Latest investment by HomeLane was on September 7th 2026. HomeLane invested in Marmalade in their $600K Seed round.


Latest Investments by HomeLane

Marmalade
Description
Marmalade is a beverage company that produces contemporary spirits with taste profiles aimed at younger adult consumers.
HQ CountryIndia
HQ City
New Delhi
Deal Date7 Sep 2026
RoundSeed
Raised$600K
Investors-
Valuationundisclosed
EV/Revenue
EV/EBITDA

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HomeLane Competitors

HomeLane competitors include listed companies like Carriage Services, HomeMaid, Grupa Klepsydra and K2 LT, and private ones like Naborforce and AstroTalk.

Public and private companies comparable to HomeLane
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Carriage ServicesUnited StatesUnited StatesPublicly listed$417M$124M$491M2.4x
HomeMaidSwedenSwedenPublicly listed$61M$7M$56M0.9x
Grupa KlepsydraPolandPolandPublicly listed$15M$2M$47M-
NaborforceUnited StatesRichmond, VAPrivate--$29M-
K2 LTLithuaniaLithuaniaPublicly listed--$11M-
AstroTalkIndiaNoidaPrivate$30M-$297M9.9x

HomeLane Public Comps

HomeLane is still privately-owned, but its public comps include Andrews Sykes Group, Propel Funeral Partners, IBJ Inc., Angi, Skinkandy, Mears Group, Kamakura Shinsho, Weight Watchers, Carriage Services and Medifast.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Andrews Sykes Group$103M$44M2.8x-6.6x-
Propel Funeral Partners$160M$38M2.5x2.5x10.7x10.1x
IBJ Inc.$130M$27M1.8x1.4x8.9x-
Angi$1B$114M0.4x0.4x3.7x3.6x
Skinkandy$51M$14M4.4x3.3x15.9x12.1x
Mears Group$1.5B$209M0.5x0.5x3.6x4.3x
Kamakura Shinsho$54M$9M2.6x2.4x15.5x13.6x
Weight Watchers$786M($198M)0.6x0.7x(2.4x)4.0x

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Common questions about HomeLane

When was HomeLane founded?HomeLane was founded in 2014.
Where is HomeLane headquartered?HomeLane is headquartered in Bangalore, India.
Is HomeLane publicly listed?No, HomeLane is a private, VC-backed company.
What is HomeLane's valuation?HomeLane was last valued at $321M in its undisclosed-stage round in September 2024.
How much funding has HomeLane raised?HomeLane has raised $147M across 10 funding rounds.
What was HomeLane's last funding round?HomeLane's last funding round was a $27M undisclosed-stage round in September 2024.
Who are HomeLane's investors?HomeLane's investors include Peak XV Partners, Accel, Evolvence India Fund, Pidilite, Aarin Capital, JSW Ventures, Stride Ventures, FJ Labs, RB Investments Pte. Ltd., Hero Enterprise and 5 others.
What is HomeLane's revenue?HomeLane's latest recorded revenue is $96M (September 2024).
What is HomeLane's revenue multiple?HomeLane's latest valuation implies a 3.3x revenue multiple ($321M valuation on $96M of revenue).
Which companies are comparable to HomeLane?Companies comparable to HomeLane include Carriage Services, HomeMaid, Grupa Klepsydra, Naborforce, K2 LT and AstroTalk.
How many companies has HomeLane acquired?HomeLane has acquired 2 companies, including CapriCoast and doowup.
What was the largest acquisition by HomeLane?The $14M acquisition of CapriCoast in November 2017 is the largest acquisition HomeLane has made to date.
How many companies has HomeLane invested in?HomeLane has invested in 1 company, including Marmalade.
What was HomeLane's last investment?In September 2026, HomeLane invested in Marmalade's $600K seed round.

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