Material Depot, a curated home interiors materials platform for modern Indian homes, has raised $10 million in a Series A round co-led by Accel and Stellaris Venture Partners, with participation from Whiteboard Capital, DeVC, Soma Capital, MyAsiaVC, along with a group of angel investors including Ramakant Sharma (Founder & CEO, Livspace), Ankit Nagori (Founder & CEO, Curefoods), Shashvat Nakrani (Founder, Bharatpe), Abhiroop Jayanthi (MD & Partner, Carlyle India), Niraj Singh (Founder & CEO, Spinny), Saurabh Jain (CEO, Livspace India), Abhishek Goyal (Founder & CEO, Tracxn), and Vineet Khanna (Co-Founder, Supertails).The fresh capital will be deployed to strengthen Material Depot’s technology backbone across supply chain, inventory planning, and in-store assisted selling, expand its curated product portfolio and exclusive collections, and scale its offline presence across cities.Founded in 2022 by Manish Reddy and Sarthak Agrawal, Material Depot is building a curated, trust-led platform that helps urban, design-conscious homeowners turn inspiration into reality. By combining strong design intelligence with a highly responsive supply chain, the company brings globally inspired collections to Indian homes in weeks rather than years. Its Experience Centres offer transparent pricing, reliable delivery timelines, and assisted decision-making, enabling customers to visualize, compare, and confidently choose materials in one place.“Building and… Read MoreStartupTalky- Business News, Insights and Stories
