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Livspace raises $8 million from Helion, Bessemer, Jungle Ventures

Round also saw investments from prominent angels, including Gokul Rajaram

BS Reporter Hyderabad
Livspace, a Bengaluru-based home design service provider and curated marketplace for homeowners and designers, has raised $8 million in an internal round of funding from Helion Venture Partners, Bessemer Venture Partners and Jungle Ventures.

The round also saw investments from prominent angels, including Gokul Rajaram, who had recently joined as a special advisor.
 
Livspace said it will utilise the funds to expand across metros in India, enhance design content and technology, hire senior level talent across verticals and build innovative mobile and designer-oriented products.

Livspace had in December 2014 raised $4.6 million in a Series-A round of funding led by Helion Venture Partners and Bessemer Venture Partners, with participation from Singapore-based Jungle Ventures.
 
Livspace was incorporated in 2012 and launched its operations in December 2014. It has already acquired two companies -- DezignUp and Dwll.in.

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First Published: Aug 12 2015 | 12:25 AM IST

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