 "Foyr.com goes live with B2C platform")
Foyr.com (formerly Renderlogy), Hyderabad-based online home décor solutions start-up, on Wednesday launched its operations by going live with its business-to-consumer (B2C) portal.
“Built in-house using our patent-pending interiors definition technology, the B2C platform is designed to arm the consumer with the most-advanced technology tools on desktops and laptops to empower them with a wide range of choices to design and execute their dream home. The company will launch the mobile version of Foyr in a month,” Sailesh Goswami, founder and chief executive officer, said on wednesday.
Founded by Goswami, an alumnus of IIT-Delhi and a former senior director at Microsoft, in June 2014 in Hyderabad, Foyr had raised Rs 10 crore in a Series-A round of funding from Brick Eagle in February 2015, and Rs 6 crore from Astarc Ventures, the new strategic investment arm of Mumbai-based $400-million Astarc Group, in May this year.
"We are looking at expanding our footprint to 13 cities, including Pune and Bengaluru, within this year," Goswami said, adding that the company was expecting 100,000 unique users a month on its B2C platform from November this year.
“Built in-house using our patent-pending interiors definition technology, the B2C platform is designed to arm the consumer with the most-advanced technology tools on desktops and laptops to empower them with a wide range of choices to design and execute their dream home. The company will launch the mobile version of Foyr in a month,” Sailesh Goswami, founder and chief executive officer, said on wednesday.
Founded by Goswami, an alumnus of IIT-Delhi and a former senior director at Microsoft, in June 2014 in Hyderabad, Foyr had raised Rs 10 crore in a Series-A round of funding from Brick Eagle in February 2015, and Rs 6 crore from Astarc Ventures, the new strategic investment arm of Mumbai-based $400-million Astarc Group, in May this year.
"We are looking at expanding our footprint to 13 cities, including Pune and Bengaluru, within this year," Goswami said, adding that the company was expecting 100,000 unique users a month on its B2C platform from November this year.