DesignCafe and HomeLane have announced that DesignCafe Co-founder Shezan Bhojani will step down from his operating role to pursue a new entrepreneurial venture. The transition comes as DesignCafe reports significant growth following its integration with HomeLane, including a 30 per cent increase in business, expansion of its retail network from 15 to 23 stores within 18 months, and improvements in profitability. The company is targeting 40 per cent year-on-year growth during the current financial year and plans to open 11 additional stores. DesignCafe will continue to be led by Co-founder and CEO Gita Ramanan, supported by an established leadership team, as the company advances its long-term growth and IPO plans. To read more click on the link below:propnewstime.com/latestnewss… For more insights on the real estate sector download the PNT mobile application or visit the website: propnewstime.com/ #DesignCafe #HomeLane #InteriorDesign #StartupIndia #BusinessGrowth

DesignCafe and HomeLane Accelerate Growth Journey; Co-founder Shezan Bhojani Transitions to New Entrepreneurial Venture @DC_DesignCafe Read @NewsVoir Story | newsvoir.com/release/designc…

In a column published today, Alok Bathija, Partner, Corporate Development at Accel argues that consolidation may become one of the biggest value creators in India’s startup ecosystem. The 2024 HomeLane-DesignCafe merger is not just a furniture/interiors story. It reflects a broader shift underway in Indian tech. For years, startups were rewarded for growth at all costs: - raise more capital, - acquire users aggressively, - expand fast. But today, capital is tighter and public markets are rewarding profitability and operating discipline. Which means consolidation may become a much bigger value creator than we think. Combining customer bases, reducing CAC duplication, improving procurement leverage, and building operational efficiency could create stronger, more durable companies. In the US, many industries matured through consolidation. India’s startup ecosystem may now be entering a similar phase, especially because we still lack enough scaled tech acquirers. The next generation of enduring Indian companies may not just be built through hypergrowth. They may be built through smarter combinations. Link to his @moneycontrolcom column in the next tweet.

We built an end-to-end management portal for @DC_DesignCafe, simplifying onboarding, estimates & client management for architects and designers. Delivered: Design | Development | DevOps 🔗 Visit the website: designcafe.com/ #Designcafe #SaaS #InteriorDesign #WPoets

Take A Peek Inside My Dream Home With @DesignCafe | Tejasswi Home Tou... youtu.be/hFhnmjQcgo4?si=2kLH… via @YouTube tejus new vlog about her renovated house by design cafe ❤️❤️❤️❤️ #TejasswiPrakash #TejRan

Take A Peek Inside My Dream Home With DesignCafe | Tejasswi Prakash's Ho... youtu.be/ILupxcfefUs?si=P6o2… via @YouTube #tejasswiprakash ka new vlog #tejran

In 2014, Entrepreneur couple K. Ganesh and Meena acquired Bello Interiors Pvt Ltd, rebranding it as HomeLane, with @srikanthiy joining as Co-founder and CEO. The company raised its first funding of $4.5 million from Peak XV Partners in Feb 2015. @homelanedecors acquired Doowup in Sep 2015 and partnered with @Pepperfry in Oct 2016 to expand modular interior solutions. In Nov 2017, it acquired Capricoast.com for Rs 90 crore but shut it down the following month, raising $10 million from @Accel , @peakxvpartners , and RB Investments that same month. In Dec 2019, HomeLane secured $30 million from Evolvence and @PidiliteInd . During the pandemic in May 2020, it laid off 150 employees. By Oct 2020, @tanujster became Co-founder and COO, and HomeLane launched its first experience center in Kolkata in Dec 2020. In Sep 2021, the company raised $50 million in a Series E round led by IIFL AMC. It entered the affordable interiors market with Doowup in Apr 2023 and expanded to Hyderabad, Kolkata, and Jamshedpur by Dec 2023. In Sep 2024, HomeLane acquired rival DesignCafe in a share-swap deal, strengthening its market presence. #Homelane #Timeline #Journey #Doowup #DesignCafe #Acquisition #Funding #Expansion

HomeLane vs DesignCafe: A comparison chart of two industry peers ◾HomeLane plans to acquire DesignCafe, aiming to create one of India’s largest home interiors firms with combined projected FY25 revenues of Rs 1,000 crore and EBITDA profitability.

.@homelanedecors has announced its plans to acquire @DC_DesignCafe , a leading player in the home interiors market, in a move that is set to create one of India’s largest entities in the sector. 𝗛𝗲𝗿𝗲’𝘀 𝗮 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗰𝗼𝗺𝗽𝗮𝗿𝗶𝘀𝗼𝗻 𝗼𝗳 𝗯𝗼𝘁𝗵 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗶𝗻 𝗙𝗬𝟮𝟰 HomeLane reported revenue of ₹613.6 crore but incurred a loss of ₹121.6 crore, while DesignCafe generated ₹138.3 crore in revenue with a loss of ₹35.8 crore. HomeLane is expected to be valued in the range of ₹2,500 Cr to ₹3,000 Cr, backed by ₹1,234 crore in funding from prominent investors such as @peakxvpartners and @Accel . In comparison, DesignCafe is currently valued at ₹765 crore, having raised ₹462 crore from WestBridge Capital, Fireside Ventures, Sixth Sense Ventures, and others. #Homelane #DesignCafe #Acqusition #HomeInteriors #Financials

JSA assists HomeLane on acquisition of DesignCafe and primary fundraise @JSALawIndia barandbench.com/law-firms/de…

5. Consolidation - HomeLane buys Designcafe thearcweb.com/article/homela… 6. Whatfix's $125 million fund raise from Warburg Pincus Nurix's giant seed round: thearcweb.com/article/softwa… thearcweb.com/article/myntra… [4/5]

HomeLane's parent Homevista acquires DesignCafe in share-swap deal, creating India's leading home interior solutions player. Combined entity targets ₹1,000 cr revenue in FY25 (33% YoY growth) and EBITDA profitability, solidifying its market leadership. #Garime #Bitcoin

ETtech Top 5 | #Whatfix’s fundraise; #HomeLane acquires #DesignCafe Also in this letter: ■ ETtech Done Deals ■ @zerodha profit jumps 62% ■ Celebrities grab a share of #Swiggy’s pre-IPO pie economictimes.indiatimes.com…

HomeLane to acquire DesignCafe, secures $27 Mn funding ◾Post-acquisition, the combined entity is projected to achieve a revenue of Rs 1,000 Cr ($120 Mn) in FY25. ✍️ @upadhyay_harsh1 entrackr.com/2024/09/homelan…

🚨M&A funding🚨 Homelane has acquired DesignCafe. The combined entity has raised Rs225 crore. This marks one of the largest consolidation in the consumer Internet sector since 2022. thearcweb.com/article/homela…

#Business | HomeLane to acquire Design Cafe to strengthen presence in home interior space; raises Rs 225 crore from Hero Enterprises, others 💰🔄 Tap for more details⤵️ moneycontrol.com/news/busine… #HomeLane #DesignCafe #HomeInteriorSpace #HeroEnterprises

HomeLane to acquire DesignCafe, creating combined entity worth $360 Mn => HomeLane also announced $27 Mn funding round from existing investors and Hero Enterprise. => The combined entity is expected to achieve Rs 1,000 Cr ($120 Mn) revenue in FY25 and EBITDA profitable.

🚨HomeLane buys DesignCafe, raises Rs 225 crore from Hero Enterprise, Ranjan Pai Both companies will continue operating as independent brands, they operate 82 stores nationwide and have around 2,750 employees. By @AjayRag3 & @digbijaymishra1 economictimes.indiatimes.com…

HomeLane buys DesignCafe, raises Rs 225 crore from Hero Enterprise, Ranjan Pai economictimes.indiatimes.com…

🚨 Home interior startups HomeLane and DesignCafe are finalising a share swap merger with a 85:15 split The deal would set the combined entity’s worth at approximately $400 million 💰 @AditiS90 has all the details 🏡 thearcweb.com/article/westbr…