Home interiors platform HomeLane plans to go public in 12 to 24 months as it aims to expand into
new cities and enter adjacent home furnishing categories, its
co-founder and CEO told Reuters.
Established in 2014, HomeLane helps homeowners design and
furnish kitchens, bedrooms and living spaces and counts Peak XV
Partners, Accel and Pidilite Industries among its
investors. It competes with Godrej Interio and Livspace.
Rising consumer income, rapid urbanisation and inspiration
from social media platforms, including Instagram and Pinterest,
are expected to more than double India’s interior design market
to $81.2 billion by 2030 from 2024 levels, according to data
from P&S Intelligence.
HomeLane CEO Srikanth Iyer’s comments come as India’s IPO
market sees a slowdown after a two-year boom as volatility
triggered by the Middle East war and persistent foreign outflows
weigh on sentiment.
“We can’t be fully dependent on how markets are behaving on
our IPO decision,” Iyer said. “We want to focus internally on
getting to month-on-month, quarter-on-quarter profitability. If
we do that, we believe we will be able to list in any market.”
Iyer said HomeLane would use the proceeds to expand its
footprint and enter adjacent categories including kitchen
appliances such as chimneys and hobs, as well as soft
furnishings, either by developing products in-house or through
acquisitions.
The Bengaluru-based company, which bought rival Design Cafe
in 2024, plans to step up investments in AI. The technology has
already helped employees create design options in minutes
instead of days, trimming design costs by a quarter and overall
costs by 1.5%-2%.
Valued at 27.60 billion rupees ($291.79 million) as of
September 2025, according to business data provider Tracxn,
HomeLane expects to be profitable and post revenue of 10 billion
rupees in this fiscal before hitting about 30 billion rupees by
fiscal 2031.
In fiscal 2025, its revenue climbed 22% to 7.56 billion
rupees, while net loss narrowed to 1.11 billion rupees from 1.22
billion rupees, Tracxn data showed. Iyer said HomeLane’s fiscal
2026 revenue was roughly flat.