LivSpace, the Helion and BessemerVP backed online platform for home decor needs, has today announced its third acquisition –a mobile platform that offers a virtual trial room for home design decisions called YoFloor. Financials reman undisclosed.
Founded by Ankur Mishra and Archit Rathi and incubated at Mango Technologies, the YoFloor app helps homeowners envision how different home designs, furniture pieces, and furnishings would look like, in one’s home.
The app provides you a virtual tour in 2D as well as 3D, once you’re done with arranging your home’s decor on the app.
In short, it lets you — as a home owner and your designer do away with the hassles of meetings and e-mails, by giving you an almost actual look of how your home would look like, when your designer has applied all of his/her creativeness to it.
For LivSpace, this will be its third acquisition in this space. It had earlier acquired design community marketplaces DezignUp and Dwll.in. The company is looking to become “a path breaking WYSIWYG (what you see is what you get) productivity tool” that can empower designers to give the homeowner an immersive design experience in real time — eliminating the need for a lengthy exchange of design iterations and feedback.
Talking about his company’s series of acquisitions of late, Anuj Srivastava, Co-Founder and CEO at Livspace says,
We are thrilled to welcome Archit and Ankur on board at Livspace. With our previous acquisitions we have built a thriving design community of both designers and homeowners. Now, we will leverage the YoFloor acquisition and focus on building creative tools for our designer community and bring even more scale and choice to homeowners.
Livspace says, that over time upon integration of YoFloor’s tech into Livspace, it will be the first platform in India which can be used by both homeowners and designers to facilitate the visualization of a look or home design in one’s own home, before you make any purchase.
The platform will allow designers to upload your home and layout, to present looks that you’ve selected and personalize them to your taste right in front of you. Hence, deciding upon a final design or look for your home will take the least amount of your time but with an augmented visualization, it will still remain a highly involved experience like it should.
The tool will be available for both Livspace in-house designers and their designer community, to bring the benefit of Livspace designs to cities all across India as the company expands to newer markets.
