Tuesday, November 5

Tag: interior designer

Home Decor Startup Foyr Raises $4.2 Million Series A Funding
19Jul By AnkitaNo Comments
FUNDING

Home Decor Startup Foyr Raises $4.2 Million Series A Funding

Hyderabad based VR platform Foyr raises worth $4.2 million from SRI Capital, JLL partners & others.  Foyr registered in Singapore as RBJ International Pte. Ltd used by interior designers, architects, and property developers to design the architect online and see it in 3D mode using Virtual reality. SRI capital invested $2 Mn in this extended series A round, marked its first investment from his recently launched $100 Mn venture fund based in Philadelphia, USA. Foyr will use this funding round to enter the US market, which is expected to be its largest market in two years. Foyr has raised a total $9.7 million funding till date. "We are excited to be backed by SRI Capital which is one of the only VCs who understands the US market as well as Indian development teams. Having a suc...
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Interior Design Startup Furdo Races to Profitability in Under 14 Months
22Mar By PriyankaNo Comments
Story

Interior Design Startup Furdo Races to Profitability in Under 14 Months

Bangalore-based online interior design platform, Furdo, has achieved what most well-funded startups have struggled to achieve since inception - 'Become Profitable'. Started with an angel investment of $400K, Furdo has been growing at an average of 30% month-on-month since April 2016, that lead to them achieving operational breakeven in September 2016. The key driver to this breakeven story lies in a single word, that everybody at Furdo across verticals and hierarchies, is asked to internalise - 'IMPACT'. "We are an impact focused organisation. Maximum impact from minimum effort/spend has always been the primary goal across verticals," says Ishwar Sundararaman, Co-founder & CEO, on the single-most important thing that has been responsible for Furdo's race to profitability. Foun...
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