Material Depot, a home interiors materials platform, has raised $10 million in a Series A funding round co-led by Accel and Stellaris Venture Partners. The round also saw participation from Whiteboard Capital, DeVC, Soma Capital, MyAsiaVC, and several angel investors, including Ramakant Sharma of Livspace, Ankit Nagori of Curefoods, Shashvat Nakrani of Bharatpe, Abhiroop Jayanthi of Carlyle India, Niraj Singh of Spinny, Saurabh Jain of Livspace India, Abhishek Goyal of Tracxn, and Vineet Khanna of Supertails.The company plans to deploy the capital toward strengthening its technology infrastructure, particularly across supply chain management, inventory planning, and in-store assisted selling systems. Funds will also support expansion of its product catalogue and offline footprint.Founded in 2022 by Manish Reddy and Sarthak Agrawal, Material Depot operates a curated platform designed to simplify how urban homeowners discover and purchase interior materials. The company uses a structured sourcing and logistics model to improve access to a wider range of products. Its experience centres are built to provide clearer visibility into pricing, delivery timelines, and product comparisons, helping customers make informed decisions in a single location.Also ReadVaraha raises $20M in first tranche of Series B funding led by WestBridge CapitalReddy said the home renovation process in India…  ​Read More​YourStory RSS Feed

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