Livspace forays into Hyderabad market
Hyderabad: Livspace.com, a home interior and renovation platform, on Monday expanded its services into the city with an investment of Rs 20 crore. The investment will be utilised towards infrastructure, brand building and customer acquisition.
The platform plans to open multiple design centres and experience apartments spread across areas such as Jubilee Hills, Hitech city, Gachibowli. However, the large-format design centre will feature assorted designs for all rooms, a dedicated virtual reality zone, over 50,000 materials to choose and an office space for design-partners.
Ramakant Sharma, co-founder, Livspace, said, “We are excited about bringing a hassle-free, end-to-end home design experience to Hyderabad. We are positive that this city will be a very strong market for us.”
The company will dedicate its portion of the investment to small-format design centres, which will focus on its modular offering. Furthermore, a network of experience apartments across the city will be set up to allow customers to experience a fully designed Livspace home.