Gravity Design secures $15m in equity and debt
3one4 Capital and Info Edge Ventures co-lead the financing, joined by Alteria Capital, Genesia Ventures and angel investors.
Former Livspace executives Saurabh Jain and Lalit Mittal are combining specialist businesses in modular kitchens and wardrobes around a shared technology, distribution and key-account operation. The platform is intended to give architects, design studios and showrooms more consistent material availability, pricing and fulfilment.
3one4 says bringing existing operating businesses into the platform provides a revenue base of several hundred crore rupees and positive EBITDA from inception. The disclosed financing combines equity and debt without a published split; planned additions such as doors, lighting and wall surfaces are future categories.
What the funding supports
- Build shared technology and distribution infrastructure
- Expand key-account service and brand development
- Support working capital and additional material categories
Gravity Design
A sourcing and distribution platform for interior materials, bringing surfaces, boards, cabinet hardware, countertops and wall systems to professional design and building firms.
Company profile and funding history