SaaS startup for interior designing, Prolance raised $2Mn in Pre-Series A led by Foundamental & Axilor

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SaaS startup for interior designing, Prolance raised $2 million in Pre-Series A led by Foundamental and Axilor where Arali Ventures and Force Ventures also participated.

Prolance assists in the automation of interior design processes such as CNC file generation, furniture and fitting installation, and quote generation. It also aids in the acquisition of materials for home improvement projects. Prolance intends to use the new funds to broaden its offerings and expand its geographical footprint across India. According to a report, the country’s interior design industry, which was valued at $23.2 billion in 2020, is expected to grow to $38.2 billion by 2027. During the period 2021-2027, the industry will grow at a 7.4% CAGR.

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StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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SaaS startup for interior designing, Prolance raised $2Mn in Pre-Series A led by Foundamental & Axilor

SaaS startup for interior designing, Prolance raised $2 million in Pre-Series A led by Foundamental and Axilor where Arali Ventures and Force Ventures also participated.

Prolance assists in the automation of interior design processes such as CNC file generation, furniture and fitting installation, and quote generation. It also aids in the acquisition of materials for home improvement projects. Prolance intends to use the new funds to broaden its offerings and expand its geographical footprint across India. According to a report, the country’s interior design industry, which was valued at $23.2 billion in 2020, is expected to grow to $38.2 billion by 2027. During the period 2021-2027, the industry will grow at a 7.4% CAGR.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Editorial Team
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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