Home interiors platform HomeLane plans to launch an initial public offering (IPO) within the next 12 to 24 months as it pursues expansion into new cities and adjacent home furnishing categories, according to its co-founder and CEO, Srikanth Iyer.
Founded in 2014, HomeLane helps homeowners design and furnish kitchens, bedrooms, and living spaces. The company has attracted investments from Peak XV Partners, Accel, and Pidilite Industries. It competes with established players such as Godrej Interio and Livspace in India’s rapidly growing home interiors market.
The company’s IPO ambitions coincide with strong long-term growth prospects for the Indian interior design industry. According to data from P&S Intelligence, rising disposable incomes, rapid urbanization, and growing inspiration from social media platforms such as Instagram and Pinterest are expected to drive the market from its 2024 levels to approximately $81.2 billion by 2030.
However, HomeLane is pursuing its public market debut at a time when India’s IPO market has slowed following a two-year boom. Market volatility triggered by the Middle East conflict and continued foreign investor outflows have weighed on investor sentiment.
Despite these challenges, Srikanth Iyer emphasized that market conditions alone will not determine the company’s listing plans.
“We can’t be fully dependent on how markets are behaving on our IPO decision,” Iyer said. “We want to focus internally on getting to month-on-month, quarter-on-quarter profitability. If we do that, we believe we will be able to list in any market.”
HomeLane plans to utilize IPO proceeds to strengthen its presence across India while expanding into adjacent categories. The company intends to enter segments such as kitchen appliances, including chimneys and hobs, as well as soft furnishings. It may achieve this expansion either by developing products internally or through strategic acquisitions.
Additionally, the Bengaluru-based company is increasing its focus on artificial intelligence. After acquiring rival Design Cafe in 2024, HomeLane accelerated its technology investments to improve operational efficiency and customer experience.
The company reported that AI has already transformed its design process by enabling employees to create design options within minutes instead of days. Consequently, HomeLane has reduced design costs by nearly 25% and lowered overall operating costs by approximately 1.5% to 2%.
According to business intelligence platform Tracxn, HomeLane carried a valuation of ₹27.60 billion ($291.79 million) as of September 2025. Looking ahead, the company expects to achieve profitability and generate revenue of ₹10 billion during the current fiscal year before targeting approximately ₹30 billion in revenue by fiscal 2031.
Financial performance has also shown steady improvement. Tracxn data revealed that HomeLane’s revenue increased 22% year-over-year to ₹7.56 billion in fiscal 2025. Meanwhile, the company reduced its net loss to ₹1.11 billion from ₹1.22 billion during the same period.
Although Iyer noted that HomeLane’s fiscal 2026 revenue remained largely flat, the company continues to focus on profitability, expansion, technology adoption, and category diversification as it prepares for its eventual stock market debut.
HomeLane’s planned IPO marks a significant milestone in its growth journey as it seeks to capitalize on India’s booming home interiors market. Through expansion into new cities, entry into complementary product categories, strategic use of AI, and a strong focus on profitability, the company aims to strengthen its market position ahead of its public listing. As consumer demand for personalized home solutions continues to rise, HomeLane appears well-positioned to benefit from the next phase of growth in India’s home improvement and interior design sector.
