Angel Investments
Luxury home decor brand The Artment raises Rs.10-Cr led by IPV
Delhi-based The Artment , a home decor and lifestyle brand, has raised INR 10 crore in a pre-Series A funding round. The investment was led by Inflection Point Ventures (IPV), with participation from IPV International via the Gift City route. Other investors in this round include the Siyaram Family Office, ESV, Capitar Ventures, and additional backers.Founded in 2019 by Aditya Agarwal and Aanchal Agarwal, The Artment claims to combine artistic design with functional living through technology-enabled consumer insights. It operates at INR 5 crore in monthly recurring revenue and aims to achieve INR 100 crore in annual recurring revenue within six months. The firm maintains a supply chain presence across key manufacturing hubs such as Moradabad, Khurja, Firozabad, and Jodhpur.The company plans to use the new funds for category expansion, scaling its data-driven ‘Art Lab’ platform for product development, and strengthening distribution channels.
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