Homified Secures INR 1 Crore in Pre-Seed Funding Led by Srinivasan Namala

• ByStartupStory     |    December 9, 2023

Homified, a tech-focused startup and a part of The Teaser Company, has successfully secured Rs 1 crore in a pre-seed funding round. The investment comes from prominent investor Srinivasan Namala, indicating a strong vote of confidence in the company’s vision.

Homified, specializing in smart electronics and wellness technology, plans to utilize the raised funds strategically. The focus will be on expanding its market presence through influencer collaborations and live sessions. Additionally, the startup aims to diversify its product line by venturing into the burgeoning field of wellness tech, with a particular emphasis on massagers.

Varun Chopra, Co-founder of Homified, highlighted the company’s commitment to strengthening its position in the tech-driven direct-to-consumer market. The strategic approach involves a concentration on innovative smart devices such as wireless chargers and power banks, aligning with the ever-evolving demands of consumers. Furthermore, Homified aims to cater to the wellness sector by introducing cutting-edge massagers, capitalizing on the growing interest in holistic well-being.

The product suite offered by Homified includes a range of smart gadgets, from portable blenders to aromatherapy diffusers and magsafe chargers. The infusion of funds is expected to propel the startup’s ambitious plans for expansion and product diversification.

This funding round not only signifies financial support but also marks a milestone in Homified’s journey towards becoming a significant player in the technology and wellness sectors. With a strategic focus on both innovation and consumer needs, the startup is poised to make substantial strides in the competitive market, driven by its dedication to delivering quality and forward-thinking solutions.

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