Thursday, 16 May 2024, Bengaluru, India
Bengaluru-based cloud-native architecture and interior design software startup Infurnia has secured $1.2 million in an angel funding round led by Yogesh Chaudhary. Since its inception, this startup has secured a total fund of $4.9 million. Infurnia is the world’s first cloud-based architecture and interior design software created for professionals and businesses.
Infurnia was founded by Nikhil Kumar and Lovepreet Mann in 2014 to provide a cloud-based platform for professionals to design interiors, buildings, and kitchens. Infurnia is the world’s first all-in-one cloud-native design software startup for the interior design and architecture sectors.
The funding round had participation from Greenply, Ozone, EyeQ, Surfaces Reporter, etc. In 2020, the startup raised a funding amount of $240k from angel investors including the founder of FushionCharts, Pallav Nadhani. Imfurnia’s partners include LivSpace, Hometown, Purvankara, and Urban Ladder.
This Bengaluru-based startup is planning to use this fresh fund on its market expansion and reach market leaders in the interior industry. According to a report by inc42, the startup is also planning to develop its flagship design product and software solution around manufacture and assembly known as the manufacturing execution system. The design plan of Infurina starts from INR 50,000 per year and can rise up to 1.5 lakh with additional services alongside the design plan.
The startup will be using this funding amount to further expand in the market, enhance its technology, improve its services, and scale operations. The startup had an increase in its client base with over 600+ clients. In addition, it also achieved $1 million in annual recurring revenue. The software generates instant working drawings and produces high-speed, high-quality outputs. The software is completely free for all students and individual designers but for business, you have to search for plans offered. Infurnia is a completely cloud-based design software so anyone can easily access it with any laptop with a working internet connection.
Conclusion:
Bengaluru-based architecture and interior design SaaS startup Infurnia has secured $1.2 million in an angel funding round led by Yogesh Chaudhary. The funding round had participation from Greenply, Ozone, EyeQ, Surfaces Reporter, etc. In 2020, the startup raised a funding amount of $240k from angel investors including the founder of FushionCharts, Pallav Nadhani. Imfurnia’s partners include LivSpace, Hometown, Purvankara, and Urban Ladder. Infurnia is the world’s first cloud-based architecture and interior design software created for professionals and businesses.
Besides, it also aims to further develop its flagship design product and a software solution around manufacture and assembly called manufacturing execution system. The software generatesinstant working drawings and produces high speed, high-quality outputs. The software is completely free for all students and individual designers but for business, you have to search for plans offered. The design plan of Infurina starts from INR 50,000 per year and can rise up to 1.5 lakh with additional services alongside the design plan. This Bengaluru-based startup is planning to use this fresh fund on its market expansion and reach market leaders in the interior industry.
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