Bengaluru, Karnataka, India – Business Wire India: HomeLane, a leading tech-enabled home interiors brand in India, reported a remarkable 22% year-on-year revenue growth, reaching INR 756 crore in FY25. This achievement signifies a crucial step towards sustainable profitability for the company. In Q4 FY25, HomeLane attained EBITDA profitability for the first time, generating INR 219 crore in revenue and an EBITDA of INR 2.8 crore, representing 1.3% for the quarter.
The company’s impressive financial results were bolstered by strategic initiatives that enhanced its market position. In FY25, HomeLane completed the acquisition of DesignCafe, the third-largest player in the organized home interiors sector, further solidifying its leadership in the organized home interiors market. On a consolidated basis, HomeLane reduced its EBITDA losses from -15% in FY24 to -9.9% in FY25.
HomeLane and DesignCafe now function as two distinct consumer brands, providing customers with a broader selection of design styles, budgets, and service offerings, while utilizing shared technology, supply chain, and operational capabilities behind the scenes.
“FY25 marks a turning point for HomeLane as we deliver profitable growth while integrating the strengths of HomeLane and DesignCafe,” stated Srikanth Iyer, Co-founder & CEO of HomeLane. “We are now well-positioned to accelerate our mission of making beautiful, personalized homes accessible to every Indian family.”
Founded in 2014, HomeLane has emerged as India’s premier tech and AI-enabled home interiors brand, offering comprehensive interior services in a personalized and professional manner. With a strong emphasis on technology and customer satisfaction, HomeLane has successfully served over 55,000 customers across 40 cities through its 84+ Experience Centres. The company is supported by prominent investors, including Accel, Peak XV, Westbridge, Pidilite, and MS Dhoni.
(Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.)
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