The Internet is a place not solely for social media, but an approach for trading all sorts of products. People are drifting away from real stores towards e-commerce as a means to buy or sell goods. Virtual shopping saves your time and money, is convenient, lets you inspect and read reviews.
The growth rate of online home decor is springing up fast. Using Tofler, an online database for thousands of companies, check out these five leading companies selling home decor and related products.
Pepperfry was founded in 2011 by Ambreesh Murty and Ashish Shah, late eBay executives. Known to be the biggest online store for home decor and furniture, the company offers more than a million products in many different categories like kitchen, light and lamps, home decor, etc. Pepperfry has about more than 2 million visitors on their website each month. The company also affirms to have around a thousand buyers on the portal. A large investment worth $100 million from Goldman Sachs Group was accepted.
Founded in July 2012, in Bangalore by Shagufta Anurag, Ramakant Sharma, and Anuj Srivastava, LivSpace is determined to serve customers needing home design and decor services at their convenience. The company has a brilliant in-house design crew. Their external network of movables, product design, and interior experts is vast. The website offers a large number of designs to choose by style, material, and color. The company procured $8 million in funds from various well-known business ventures and enterprises. Tofler can aid you with substantial information about the company.
Being the founder of HomeLane, Srikanth Iyer and Rama Harinath instituted the company in 2014. Renowned for selling interior design services to the suburbans, HomeLane offers unique and creative designs of furniture and furnishing. Customisation proves to be a specialty of this company as they provide many categories. The company raised more than $4 million from Sequoia Capital. The company has also acquired a tech startup known as Doowup. A funding from Sequoia Capital was also gained which was about $50 million.
Another Banglore based virtual business, Urban Ladder was co-founded by Rajiv Srivatsa and Ashish Goel. The company has over 4000 products with 35 different categories on its newly launched mobile app. The app lets you design your room of requirement before any purchase. The company serves in 18 cities that includes all the metro cities, Pune, Mangalore, Ahmedabad, Cochin, Surat, and Chandigarh. Venture capital firms like SAIF Partners, Steadview, etc, have funded over $70 million. The chairman of Tata Sons, Mr. Ratan Tata, made a private expenditure in the company.
One of the most wide-ranging online gateways for shopping items for home decor, FabFurnish was cofounded by Mehul Agarwal, Vaibhav Aggarwal, and Vikram Chopra in 2012. The company has positioned an ideal place in the minds of thousands of home decor and furniture buyers. It offers more than 60k items to select from definite categories. The website provides curation of housing products and delivers top-grade brands. The site also lets the customer relish upon superb consumer service, winning styles, all-inclusive shipping in the country, and reasonable price-ranges. The company is majorly invested in by Kinnevik and Rocket Internet. These ventures have funded over $30 million in FabFurnish. With Tofler, you can explore the current standing of FabFurnish.
The Company Master Data of the above companies is available with Tofler.in