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Tuesday, May 14, 2024

Homified raises Rs 1 crore in pre-seed funding round

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Homified, a direct-to-consumer (D2C) brand, a sister company of The Teaser Company has raised Rs 1 crore ($1,19,987) in pre-seed funding round.

Homified raises Rs 1 crore in pre-seed funding round – Alto Nivel

The company will utilise the funds to amplify its brand presence through a strategic revamp, dynamic social media engagement, impactful influencer collaborations, and captivating live sessions.

Homified will also use the funds towards enhancing and expanding its product line, with a key focus on smart electronics and wellness technology.

Commenting on the funding, Varun Chopra, co-founder of Homified in a statement said, “We’re dedicated to using this investment to grow and improve our range of products, offering creative solutions that put functionality and ease of use first, and eventually changing our valued customers’ daily lives. We are thrilled about the future at Homified and appreciative of our investors’ faith and support.”

Shivam K, co-founder of The Teaser Company added, “As we plan vertical expansion with extended services, we’re also gearing up for horizontal growth by creating brands that add significant value to our customers’ lives.”

Homified is a tech-forward direct-to-consumer brand dedicated to delivering innovative products in the smart wearables and wellness tech space.

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