Angel Investments
Wall-decor firm Artociti raises Rs.1-Cr on Shark Tank India
Jharkhand-based Artociti has raised INR 1 crore from investors Namita Thapar and Vineeta Singh on Shark Tank India in lieu of a 7.5% stake.Founded by Indrajeet Kumar and Swatiki Prakash, Artociti manufactures large-format, high-relief 3D wall decor and operates a vertically integrated production model. It operates a 3,000 sq ft experience centre in Delhi.The company plans to use the capital to establish a new manufacturing facility in Bokaro, Jharkhand, aiming to increase production capacity, standardise quality, and improve delivery timelines. The company also intends to expand its experience-led retail presence to Pune, Bengaluru, and Chennai and explore export opportunities.
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