What Livspace does

Livspace is an India-headquartered, technology-enabled home interior and renovation platform founded in 2015 by Ramakant Sharma and Anuj Srivastava, with operations across 100+ Indian cities plus regional hubs in Singapore and a target market in Dubai. The company operates a one-stop-shop model covering design consultation, modular manufacturing, delivery, installation, and full-house renovation, offering multiple product lines including Livspace Select (budget modular kitchens, wardrobes, and storage), Livspace Vesta (premium design), Vinciago (luxury), and Livspace Home Renovation (civil, electrical, plumbing, painting). The platform is underpinned by proprietary manufacturing technologies — DuraBuild (99.9% build accuracy), AntiBubble (panel finishing), AquaBloc (moisture protection) — and a network of 2,000+ designers with Experience Centres in major Indian metros.

The business model is one-time project-based revenue from end-to-end residential interior contracts, with disclosed modular interior starting prices ranging from Rs 3.62 lakh for a 1BHK to Rs 6.33 lakh for a 4BHK, and modular kitchens from Rs 1.7 lakh. Go-to-market is sales-led, driven by free online consultation bookings, digital price calculators, and the physical Experience Centre footprint. The company has delivered 100,000+ homes and reported FY25 revenue of Rs 1,460 crore (~US$170M), a 23% increase year-over-year, with losses narrowing 42% to Rs 242 crore and EBITDA improving from -20.8% to -9%. In February 2026, Livspace executed a major AI-led restructuring, laying off 12% of its workforce (~1,000 employees) and deploying AI agents across core functions to drive operational efficiency.

Livspace is backed by KKR (lead of $180M Series F in February 2022 at $1.3B post-money valuation), IKEA/Ingka Investments, Saint Gobain (minority stake acquired November 2021), Jungle Ventures, Kedaara Capital, and Bessemer Venture Partners. The company is executing a reverse flip from Singapore to India, infusing INR 427.21 crore from its Singapore parent in April 2025 to prepare for an IPO targeted around 2026. Recent strategic investments in TplusA India (furniture hardware, August 2025) and Material Depot (materials marketplace) signal ecosystem and supply chain verticalization alongside tier-II/III city expansion and Middle East push.

Name

Livspace

Legal name

Livspace.com

Website

https://livspace.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Livspace is an India-based technology-enabled home interior and renovation platform offering end-to-end design, modular manufacturing, and installation services across 100+ cities, serving residential homeowners with multiple product tiers from budget modular to luxury interiors.

Ownership category

akta.pro rank

Product category

Home Interior Design Services

NAICS

Interior Design Services (541410), Nonupholstered Wood Household Furniture Manufacturing (337122)

SIC

Household Furniture (2510), Miscellaneous Furniture & Fixtures (2590)

akta.pro primary industry

Residential Interior Fit-Out (Multi-Family & High-End) (IMAFANAE)

akta.pro secondary industries

Home, Furniture & Decor DTC (CRAFACAE), Closet Systems & Storage Built-Ins (HSAPAIAI)

Keywords

• Home interior design
• Modular kitchen solutions
• Home renovation services
• Interior design platform
• Modular furniture solutions

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Home Interior Design and Renovation Services: Livspace generates revenue through one-time project fees for end-to-end home interior design, renovation, and modular solutions services. The company charges customers based on the scope of work including modular interiors, installation of false ceilings, civil work, painting, electrical work, plumbing services, flooring and tiling.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Livspace provides end-to-end home interior design, modular solutions, and renovation services across India through a unified platform. The company manages the entire customer journey from design consultation and 3D visualization through in-house manufacturing, delivery, and installation of modular kitchens, wardrobes, storage units, false ceilings, and full-home interiors. It operates a network of Experience Centres across 100+ cities, supported by a 2,000+ designer network and proprietary manufacturing technologies, with an online furnishings store extending the offering beyond interior projects.

Product overview

Livspace is a technology-led home interiors and renovation platform operating as a one-stop solution for end-to-end interior design services. The platform combines a unified service model with multiple product lines: Livspace Select (modular solutions for kitchens, wardrobes, and storage), Livspace Vesta (premium design services), and Livspace Home Renovation (full-house renovation). Supporting these core offerings are digital tools including Home Interior Price Calculator, Modular Kitchen Price Calculator, and Wardrobe Price Calculator for instant cost estimation. The platform also extends to Livspace Home, an online furnishings store, and content platforms (Design Ideas Magazine and Livspace TV) for inspiration. The product portfolio is underpinned by proprietary technologies including DuraBuild (precision engineering for cabinets), AntiBubble (panel finishing), and AquaBloc (moisture protection). The company has been transitioning toward becoming an AI-native organization, deploying AI agents across sales, design, operations, and marketing functions.

Differentiator

Problem solved

Functional benefit

Brands

• Livspace Select: Customisable, budget-friendly modular solutions for trendy kitchens, wardrobes, TV units, bookshelves and more. Features streamlined manufacturing processes and end-to-end installation.
• Livspace Vesta
• Livspace Home Renovation
• Livspace Online Store
• Livspace Kitchen
• Livspace Wardrobe
• Homes by Livspace
• Vinciago
• Livspace TV

Products and services

• Livspace Select Modular interior solutions for kitchens, wardrobes, TV units, bookshelves and storage units featuring customizable designs, streamlined in-house manufacturing, and end-to-end installation; targeted at homeowners seeking budget-friendly modular interiors.
• Livspace Vesta Premium interior design service where dedicated designers, trusted service partners and renowned brands manage entire interior design projects end-to-end for homeowners seeking high-touch design services.
• Livspace Home Renovation End-to-end home renovation service covering false ceiling installation, electrical and plumbing upgrades, tiling, painting and comprehensive project management from conception to completion; targeted at homeowners renovating existing properties.
• Livspace Home (Furnishings Store) Online e-commerce platform selling furniture and decor from multiple industry brands at exclusive prices; allows customers to shop anytime for home interior and decor needs.
• Vinciago (Luxury Interiors) Luxury interiors sub-brand of Livspace offering tailored, high-end interior designs that aim to redefine elegance; targeted at premium and luxury residential customers seeking bespoke luxury finishes and personalization.

Quantifiable outcome

• 60% reduction in design visualization time through AI deployment
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Two partnerships are on record, tiered minor.

• TplusA IndiaminorStrategic or Co-development PartnerLivspace invested over $5.5 million in TplusA India, a Bengaluru-based premium furniture hardware and accessories supplier founded in early 2023. TplusA plans to build a state-of-the-art manufacturing facility in Madhya Pradesh to support Livspace's supply chain integration.
• Material DepotminorStrategic or Co-development PartnerLivspace participated as an investor in Material Depot's $10 million Series A funding round. Material Depot is a Bengaluru-based home interiors materials platform, and the investment supports Livspace's ecosystem strategy.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• HomeLane: HomeLane is India's leading modular home interiors company, offering design-to-installation services for kitchens, wardrobes, and full-home interiors across major cities. Directly competes with Livspace on product, customer segment (residential homeowners), and tech-enabled service model.
• Design Cafe: Design Cafe is a Bengaluru-based modular interiors platform specializing in kitchens, wardrobes, and full-home interiors. Competes head-to-head with Livspace in the same tier-I Indian cities on modular solutions and end-to-end design services.
• Pepperfry: Pepperfry is India's largest online furniture and home decor marketplace with a franchise-led model. Overlaps with Livspace on home furnishings and furniture sales to Indian consumers via an online-first, multi-category approach.
• Urban Ladder: Urban Ladder is a Bengaluru-based home furniture and decor brand, now owned by Reliance Retail. Offers premium furniture and home solutions to Indian consumers, overlapping with Livspace's furnishings store and design services.
• The Interior Company: The Interior Company is an Indian home interiors startup offering modular solutions and design services in select metros. Directly competes with Livspace in residential interiors with a smaller geographic footprint and tech-enabled delivery model.

Broad incumbents

• IKEA: IKEA is the world's largest home furnishings retailer and a strategic investor in Livspace through Ingka Investments. While overlapping on furniture and home decor, IKEA's flat-pack retail model and global scale place it as a broader incumbent in the same ecosystem.
• Wayfair: Wayfair is a global online home goods and furniture marketplace. While primarily a marketplace operator rather than full-service interior design, it represents the same DTC, technology-enabled home furnishings category Livspace operates in.
• Godrej Interio: Godrej Interio is one of India's largest home and office furniture manufacturers with a broad retail and B2B presence. Comparable to Livspace as a household furniture brand, though it competes more on standalone furniture than end-to-end interior design services.

Emerging players

• Wakefit: Wakefit is a Bengaluru-headquartered DTC home and sleep products company that has expanded into furniture. Shares Livspace's tech-led, direct-to-consumer approach to home products in India, though it does not offer design or installation services.

Others

• Saint-Gobain India: Saint-Gobain is a global building materials manufacturer and minority shareholder in Livspace. As a strategic partner and supplier of construction and interior materials, it is a key ecosystem participant rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/livspace
• Facebookfacebook.com/livspace
• LinkedInlinkedin.com/company/livspace

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds13 records

Investors21 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Livspace