Homestudio.com, an online start-up offering branded global home solutions in the furniture and kitchen category to Indian customers, has received 5 million USD in seed funding from Bren Corporation, a group which has 10 years of Retail experience in India with high end furniture brand from Nolte Group .
Homestudio.com will utilize the fund received to strengthen its technology platform and its customer service experience. According to Mr. Alok Duggal – COO – Homestudio.com,”We will be primarily using the fund received for three things – enhancing our website especially on the technology front, bettering our warehouse and delivery mechanism, and making state of the art experience zone for customers to feel the product.”
Founded in November 2015, Homestudio.com is an end-to-end furniture solution provider, from designs to execution to customer service. Homestudio.com is building technology where in customer will be able to design kitchen and other furniture online with help of trained designers.
“We see the Indian furniture market still nascent and non-organized. The market has not evolved with the changing needs of the Indian consumer exposed to global trends. At Homestudio.com, we bridge that gap by providing reputed German furniture at surprisingly affordable pricing in a variety of styles with a focus on innovation and better quality product. We are in the Indian market to become a one stop shop offering branded quality furniture solution for our customers.“ added Mr. Alok Duggal– COO – Homestudio.com.
Homestudio.com is currently headquartered in Bangalore with over 50 employees and plans to be present in all other major cities in the next 12-18 months.