SaaS startup iDesign.Market raises $200K from Jaipur Rugs, angel investors

SaaS startup iDesign.Market catering to interior and construction companies has raised $200,000 in a pre-seed funding round led by Jaipur Rugs and a consortium of angel investors.

According to the startup, the raised capital will be utilised to ramp up its technological infrastructure, expand the talent pool, and fuel its overall growth trajectory.

Founded in 2022 by Ashish Dhingra and Sunil Bhakuni, iDesign.Market offers a user-friendly workflow management platform designed to facilitate team collaboration and streamline business operations for Interior and Construction Companies.

"Ashish and Sunil bring a formidable combination of domain and technology expertise to the table. They have demonstrated a very early solution market fit reflecting their ability to offer straightforward and efficient solutions to an industry known for its complexity and disorganization. With digital transformation on the rise we firmly believe that iDesign.Market will play a pivotal role in transforming the interior and construction ecosystem in India and internationally," said Yogesh Chaudhary, Director at Jaipur Rugs.

“This is a well-earned validation for iDesign.Market that is addressing some long-standing inefficiencies and technology gaps in the Interior and Construction industry. The ecosystem is going through a significant transition from an unorganized fragmented market to rapid digital adoption which will grow manifold in years to come,” Nirupa Shankar, director, Brigade REAP.

Brigade REAP is the acceleration and investment arm of the real estate developer Brigade Group that focuses on start-ups in the PropTech and ClimateTech space.

iDesign.Market claims that its enterprise version has already garnered significant adoption among leading Design & Construction companies, including Magppie Kitchens, Essentia Environments, and Alsorg India. 

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