Helion Backed LivSpace Buys Online Design Marketplace DezignUp

Image Source: LivSpace

Image Source: LivSpace

Helion backed home design and decor start-up LivSpace has acquired DezignUp, an online design community and marketplace for an undisclosed amount. Post acquisition, LivSpace will offer even more scale and choice to homeowners as they design their homes. As a part of the deal, DezignUp team comprising Saurabh Jain, Arpit Khandelwal and Swati Ailawadi will be joining the company.

In December 2014, LivSpace had secured U$4.6 million from Helion Venture Partners, Bessemer Venture Partners and Jungle Ventures.

It provides an online shopping destination for home decor and furnishings. Also, it offers the facility to hire a designer on its platform, or the users can customize the products based on their requirements.

LivSpace delivers its products in Chennai, Hyderabad, Delhi, Mumbai & Bangalore and is also partnering with real estate portal CommonFloor to showcase a few of the new apartments in these cities.

DezignUp is a community where homeowners discover architects, interior designers and contractors.

The other players in the online furniture space include Urban Ladder, FabFurnish, HomeLane, CustomFurnish, Pepperfry etc.

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