Infurnia, an architecture and interior design software startup, has bagged $200,000 (approx INR 1 crore) from a bunch of angel investors, reported Yourstory.
The platform Infurnia will use the freshly-pumped capital to strengthen the architecture design product and expand the user base in the interiors and modular kitchen industry.
Post fund transfer, the Bengaluru-based Infurnia will be valued at $5 million.
Lovepreet Mann, Co-founders of Infurnia, said, “This funding will give us the capabilities to build a deeper and more scalable architecture design software that can challenge the best of desktop-based architecture software in terms of in depth of designing.”
Infurnia was founded in 2014 by Nikhil Kumar and Lovepreet Mann. The startup Infurnia operates cloud-based platform for architects and designers to design buildings, interiors, modular kitchens and floor plans.
Infurnia allows designers to collaborate on a single project. The charges for enterprises and freelance designers are $500/user per year and $200/user per year, respectively.
Currently, Infurnia sees over 400 sign-ups on a monthly basis, with around 30 percent of them being from outside India.
Besides Infurnia, other startups falling under the similar court include Furlenco, Urban Ladder, Pepperfry and many more.