Homelane gets Rs 33cr to double its offline experience centres

BENGALURU: Online home interiors and renovation startup HomeLane has raised Rs 33 crore in bridge financing to double its offline experience centres and strengthen the tech platform and brand.

The funding was led by existing investors JSW Ventures, Accel Partners and Sequoia Capital. Bridge financing comes in when the firm is not able to attract a full-fledged round and existing investors put in a small amount. Srikanth Iyer, founder of Homelane, said the firm is in the market to raise $50-100 million.