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Results · Professional & Local Services

HomeLane narrows loss, targets profitability

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Date
Company
HomeLane
What it does
Home interiors startup
Kind
Results
Based in
Bengaluru
Founded
2014
Sector
Professional & Local Services

What they do

HomeLane is a technology-driven home interiors company operating in over 45 cities

What happened

It reported FY25 revenue of ₹747.8 crore, up 22%, and a net loss of ₹111.38 crore, narrowed by over 8%

Why it matters

The company aims to cross ₹1,000 crore revenue and achieve sustained EBITDA profitability in FY27

The details

  • HomeLane reported FY25 revenue of ₹747.8 crore, up 22% from ₹613.6 crore the previous year.
  • Its net loss narrowed by over 8% to ₹111.38 crore.
  • The company currently delivers about 1,000 projects per month across 45+ cities.
  • It has delivered over 70,000 homes and operates 90+ experience centres.
  • HomeLane acquired DesignCafe in September 2024 alongside a ₹225 crore fundraise.
  • The two brands operate independently but share technology, procurement, manufacturing, and supply chain.
  • HomeLane is expanding beyond modular interiors into false ceilings, wallpapers, curtains, soft furnishings, kitchen appliances, and home improvement.

The bigger picture

  • HomeLane's average order value nearly doubled after the pandemic.
  • The company is currently seeing ~35% YoY growth and is near profitability.
  • Its ₹1,000 crore revenue target, earlier set for FY25, has been deferred to FY27.
  • HomeLane competes directly with Livspace.

About the business

  • HomeLane is a home interiors startup that uses technology and processes for predictability and transparency.
  • It offers an integrated platform covering design visualisation, pricing, procurement, project management, manufacturing, and installation.
  • The company uses proprietary software, standardised project management, and manufacturing partnerships.
  • Its design dataset includes ~2,80,000 rooms from over 70,000 homes.
  • In its early days, HomeLane did one project a week; within four years, it reached ~100 home deliveries per month.

What happens next

  • HomeLane aims to cross ₹1,000 crore revenue and achieve sustained EBITDA profitability in FY27.
  • The company is focusing on integration in FY26, not aggressive growth.
  • It is expanding into new product categories like false ceilings, wallpapers, curtains, soft furnishings, kitchen appliances, and home improvement.

Investors

  • Accel (existing) — A venture capital firm.
  • Peak XV (existing) — A venture capital firm.
  • IIFL (existing) — A financial services group.

Founders

  • Iyer, Co-founder, CEO

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