Homevista Decor & Furnishings Private Limited, the parent company of interior brands HomeLane, Doowup, Cubico and Wrapzap, today announced its offer to acquire DesignCafe, a prominent player in the home interiors market. This acquisition, subject to regulatory approvals, will result in the creation of the largest entity in the interiors category in India, in terms of projects delivered.
Post-acquisition, the combined entity is expected to achieve a revenue of ₹1,000 crore in FY25, up 33% from Rs. 761 crore in FY24, and be EBITDA profitable. HomeLane, Doowup and DesignCafe will continue to operate as distinct end-to-end interiors brands, each catering to different segments of the market.
Strategic Synergies to Drive Growth and Profitability
The acquisition is poised to unlock significant synergies across areas such as manufacturing, design, procurement, and technology. These synergies will not only enhance operational efficiency but will also drive innovation and customer satisfaction across the combined entity’s offerings.
"We are incredibly excited and see immense potential in combining our tech-driven approach with DesignCafe’s design expertise, to create a true powerhouse in the home interiors industry," said Srikanth Iyer and Tanuj Choudhry, Co-Founders of HomeLane. "The combined entity is already at a Revenue ARR of Rs. 900Cr, is cash profitable and at -2% EBITDA."
Gita Ramanan and Shezaan Bhojani, Co-Founders of DesignCafe, added, "Joining forces with HomeLane propels our vision of democratising design for Indian homeowners even further. We are thrilled to continue our journey together with HomeLane, and look forward to jointly building India’s most-loved house of interior brands.