Private Equity

Angel Investments

Home interiors player Shadez raises $200-K from IP Ventures

Entrackr  

Mumbai-headquartered home interiors startup Shadez has raised over USD 200,000 in pre-Series A round led by angel investment platform Inflection Point Ventures (IPV). The funds will be used for entering metros such as Bengaluru, Chennai, Delhi and Ahmedabad by the end of this financial year. A significant portion of the funds will also be invested in technology, machinery, manpower, marketing and product development. Shadez works with a smart painting process and the latest automatic tools along with professional painters to make the process faster than conventional process of painting. The startup is operating across Mumbai, Pune and Vadodara and claims to have painted over 200 homes in Mumbai to date.