iDesign.Market, a Software as a Service (SaaS) startup catering to Interior and Construction Companies, has raised USD 200,000 in a pre-seed funding round. The investment comes from Jaipur Rugs, and a consortium of angel investors.
The fresh funds will be utilised to ramp up the company's technological infrastructure, expand the talent pool, and fuel its overall growth trajectory. Established in 2022 by Ashish Dhingra and Sunil Bhakuni, iDesign.Market offers a user-friendly workflow management platform designed to facilitate team collaboration and streamline business operations for Interior and Construction Companies.
"Ashish and Sunil bring a formidable combination of domain and technology expertise to the table. They have demonstrated a very early solution market fit reflecting their ability to offer straightforward and efficient solutions to an industry known for its complexity and disorganization. With digital transformation on the rise we firmly believe that iDesign.Market will play a pivotal role in transforming the interior and construction ecosystem in India and internationally," said Yogesh Chaudhary, Director at Jaipur Rugs.
iDesign.Market's enterprise version of the SaaS platform has already garnered significant adoption among leading Design and Construction companies, including Magppie Kitchens, Essentia Environments, and Alsorg India. The company reports a steady monthly growth rate of 25 per cent in user acquisition, according to its official statement.