Interior design startup Infurnia raises $1 million in funding
- ByStartupStory | February 18, 2023
Infurnia, an architecture and interior design company, has secured $1 million in funding from a consortium of angel investors led by Yogesh Chaudhary, the proprietor of Jaipur Rugs, and Bhupinder Singh, the former CPO of Bentley Systems. The funding round also included participation from Singer Jasleen Royal and celebrity management firm Cornerstone, founded by Bunty Sajdeh.
This latest funding round brings the total amount of angel investment raised by the startup to $2.5 million, following the $800,000 it raised last year. Infurnia was founded in 2014 by IIT alumni Nikhil Kumar and Lovepreet Mann.
According to Nikhil Kumar, CEO of Infurnia, their cloud-native design technology is potent enough to challenge Autodesk, the $50 billion American design software giant. The additional funding of $1 million will be utilized to further enhance their technology and establish their dominance in the cloud-native architecture and interior design software market.
Additionally, they aim to expand their reach globally while strengthening their existing presence in the local market.
Nikhil Kumar, CEO of Infurnia, also emphasized the importance of gaining valuable business perspectives and insights from industry experts such as Yogesh Chaudhary and Bhupinder Singh, who led the recent funding round. The additional funding of $1 million will help the company achieve this goal while strengthening their position in the cloud-native architecture and interior design software market.
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