Wify, India's leading home furnishings installation firm, secured INR 25 crore in funding to expand its services and enhance technology, with strong backing from Mount Judi Ventures and Capria Ventures.
Information on the Target
Wify is a prominent player in India's home furnishings installation sector, effectively connecting modern home brands with skilled technicians. The company has established itself as the leading provider of after-sales installation and software as a service (SaaS) solutions within the furniture and fittings industry. By bridging this gap, Wify addresses crucial needs in the market, helping to streamline the installation process for both service providers and customers alike.
Recently, Wify secured INR 25 crore in a funding round aimed at enhancing its operational capabilities. The funds will be allocated towards deepening its market penetration within existing categories, expanding into new service areas, and investing in technology advancements. Emphasizing its commitment to excellence, Wify will also focus on strengthening its management team to improve corporate governance.
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Industry Overview in India's Home Furnishings Sector
The home furnishings market in India has witnessed significant growth due to increased urbanization and changing consumer preferences. As urban dwellers increasingly prioritize home aesthetics and function
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Mount Judi Ventures
invested in
Wify
in 2024
in a Series A deal
Disclosed details
Transaction Size: $3M