Gravity raises $15 million in combined equity and debt
The Indian company is building shared technology and distribution infrastructure for professional interior-material suppliers.
A coordinated supply network for interior professionals
Gravity brings specialist interior-material businesses onto shared systems for procurement, inventory, pricing, distribution and account support. It serves interior architects, design-and-build studios and modular showrooms, initially helping them source kitchen and wardrobe products through a more coordinated supplier base. The company plans to extend the network into adjacent categories such as doors, lighting and wall surfaces.
Use of funds
Strengthen technology, distribution and key-account infrastructure
Expand into adjacent interior-material categories
Brand building and working capital