Home decor and renovation startup Livspace has reported a 23% increase in revenue for the financial year 2025, reaching ₹1,460 crore. This growth follows a 20% rise in FY24 and an impressive 85% surge in FY23, demonstrating the company’s strong foothold in the Indian home interiors market. Livspace’s consistent performance highlights its ability to adapt and thrive despite changing market conditions, making it one of the leading players in the sector.
Strong Demand in Premium Segments
The company attributes its growth primarily to the rising demand in the premium and mass-premium segments. Homeowners today are increasingly looking for stylish, personalized, and high-quality interiors. Livspace’s offerings, which include custom furniture, modular kitchens, and smart home solutions, cater to these evolving tastes. By focusing on design-led innovation and a seamless renovation experience, the startup has managed to attract a wide customer base that values both aesthetics and functionality.
Improving Financial Health
Alongside revenue growth, Livspace has made notable improvements in its financial health. The company has successfully halved its adjusted EBITDA loss, reflecting stronger cost management and operational efficiency. This improvement shows that Livspace is moving steadily toward profitability while continuing to expand its services. Experts note that maintaining this balance between growth and financial discipline is critical for startups aiming for long-term sustainability in competitive markets like home decor and renovation.
Strategic Shift to India and IPO Plans
Livspace plans to shift its corporate domicile from Singapore to India by the end of 2025. This move is expected to streamline operations and enhance its presence in its largest market. The company is also preparing for an Initial Public Offering (IPO) by late 2025. The IPO is seen as a strategic step to raise capital, fund further growth, and strengthen Livspace’s position in the highly competitive Indian home interiors market. Analysts believe this move reflects confidence in the company’s business model and its ability to scale sustainably.
Future Outlook for Home Interiors
With consistent revenue growth, improved profitability, and strategic initiatives, Livspace is well-positioned for continued success. As more homeowners seek customized and high-quality interior solutions, the demand for organized, professional, and design-focused home renovation services is expected to rise. Livspace’s commitment to innovation, customer experience, and operational efficiency gives it a competitive edge. The company’s trajectory indicates that it is not only shaping the future of home interiors in India but also setting benchmarks for quality, design, and growth in the industry.