Company Name : HomeStudio
Funding Amount : $5 million
Investor(s) Bren Corporation
Funding Round : Seed round
One month old startup, HomeStudio has raised $5 million from Bren Corporation.
The raised funds will be used to enhance its technology, build warehouse capabilities, offline studios and expand its team.
HomeStudio has tied up with German Furniture companies like Nolte group, Winkle, CS Schmal and other international companies. It sources the products and sells them at a discounted price. They also offer free designing and furniture planning service to their customers.
The company now also plans to expand to suppliers from Italy.