Vaaree, the hip new online spot for tricking out your pad, just scored a sweet $4 million seed round to keep making casa decor dreams come true.
The round was led by Surge, a Peak XV program for scaling up snazzy startups like Vaaree who just wanna help you turn your crib into a crib worthy of MTV Cribs (RIP).
Meet the Visionaries Behind Vaaree
Founded last year by interior design gurus Garima Luthra, Pranav Arora, and Varun Vohra, Vaaree has already delivered over 150,000 swanky home products across India. Talk about decorating at light speed!
With a bodacious selection boasting over 20,000 chic items, Vaaree is your one-stop shop for making your home hawt. We’re talking furniture, lighting, decor – everything you need to elevate your space from drab to fab.
Looking to upgrade your living space? Vaaree is here to help. With a dazzling selection of over 20,000 stylish items, this one-stop shop has everything you need to turn your home from drab to fab.
Affordable Chic: Where Style Meets Savings
Vaaree’s secret to keeping prices low? Direct partnerships with manufacturers. Now you can enjoy the sleek aesthetics of mid-century modern design without breaking the bank. That cowhide rug you’ve been eyeing? It’s finally within reach.
Funding Boost for a Bright Future
In a game-changing move, Vaaree has secured a new round of funding. This injection of capital will drive the company’s expansion, allow them to hire more talent, and explore cutting-edge tech like AI.
Imagine having a virtual assistant to help you find the perfect throw pillows!
4. From Online to In-Person: Vaaree’s First Retail Store
Vaaree has made a bold move by opening its very first retail store in the vibrant city of Bangalore. Now, you can experience their trendy offerings in real life before making your selections.
5. Riding the Decor Wave: Vaaree’s Promising Future
With the online home decor market poised to grow over 10% annually, Vaaree is perfectly positioned to cater to the millennial desire for picture-perfect living spaces.
So, whether you’re on the hunt for rose gold table lamps or other chic additions, Vaaree has you covered. Time to start browsing!
Vaaree, the dynamic online platform specializing in home products, has recently raised an impressive $4 million in a seed round, with Surge leading the charge.
Surge, a renowned scale-up program by Peak XV Partners, is taking the helm to fuel Vaaree’s growth and innovation.
A Brick-and-Mortar Presence
Adding a new dimension to their business, Vaaree inaugurated its first retail store in Bangalore this October, showcasing a captivating array of over 2,000 products spanning diverse home and lifestyle categories.
Seizing the Momentum
With this recent funding boost, Vaaree is strategically poised to capitalize on the burgeoning online home products market.
Projections indicate a robust compound annual growth rate of 10.7% in this sector from the present year through 2028. Vaaree’s innovative approach and commitment to providing top-tier home products at a competitive cost position them as a trailblazer in this evolving industry.
Navigating the Future of Home Products
Vaaree’s mission extends beyond just providing home products. With the backing of Surge and other investors, such as PeerCapital, All In Capital, and Better Capital, the company is not only gearing up for growth but also exploring the integration of AI into its operations.
Redefining the Shopping Experience
By venturing into AI applications, Vaaree aims to redefine the shopping experience for its customers.
Whether it’s personalizing product recommendations, streamlining logistics, or enhancing user interfaces, Vaaree’s foray into AI promises to create a more convenient and efficient home shopping journey for its ever-expanding customer base.
Local Manufacturers, Global Reach
One of Vaaree’s standout qualities is its direct collaboration with local manufacturers. By doing so, it ensures high-quality, cost-effective home furnishings.
This approach not only benefits consumers but also supports local industries, contributing to the company’s broader vision of sustainable growth.
A Promising Path Ahead
With the surge of investment and a commitment to innovation, Vaaree stands at the threshold of an exciting journey.
As they continue to deliver quality and affordability to homes across India, the company’s expansion and technological advancements will undoubtedly shape the future of the home products market. Stay tuned for the next chapter in Vaaree’s story as they redefine how we shop for our homes.
