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Interior design startup HomeLane raises $10 M in Series-C funding from Sequoia, others

L to R: Yangchen Lachungpa-Sr VP Growth, Srikanth Iyer- Co-Founder & CEO, Tanuj Choudhry- Chief Business Officer, Vivek Seetharaman- Chief Product & Technology Officer.

Bengaluru-based online home interior design startup HomeLane has raised $10 million from Accel Partners, Sequoia Capital and RB Investments in Series-C round of funding. This makes their total funding $64.5 million since their launch in 2014.

A press release has stated that HomeLane will deploy the funds to fuel growth and technology innovation to attract customers and designers alike, strengthening operations in existing markets in the country.

Srikanth Iyer, co-founder and CEO of HomeLane, said in the release, “HomeLane’s strategic focus has always been to simplify and streamline the process of home designing and furnishing for urban Indian home buyers. This strategy’s success, combined with this funding round, has put us in a formidable position to scale up and capture a larger share of the home design market in all key cities of India. Also, having two of India’s largest VC funds supporting us is a shot in the arm for our mission to deliver well-designed homes at scale in the country.”