By Team Homes | Wednesday, 22 November 2023

HomeLane Attains Profitability Revenue ARR worth Rs. 700 Crore

A leading home interiors brand in India, HomeLane declared that it has bowed cash-positive for the months of September and October 2023. The interior brand HomeLane is one of the companies in the domain of home interiors which has achieved this significant high point. The home interior brand is now on the track to just not only maintain its cash-positive status but also to develop 30 percent Year of Year in the financial year 2024.

HomeLane is set to improve on 1000 Cr in Order Book and aspires for more than 700 Crore in Revenue rate in the Financial Year 2024. This ambition to growth and development is obsessed by the upgrade proposals within the accessible markets of HomeLane.

The Founders of HomeLane SrikanthIyer and TanujChoudhry mutually quoted, "Achieving the cash profitability grants us the liberty and confidence to think and take the long term resolutionsconsequently. And we are incredibly proud of the relentless efforts of our team and we are delighted to fix the goal to achieve our next milestone of attaining EBITDA profitability in the Financial Year 2024."

Currently HomeLaneis serving over 22 cities across the nation with more than 50 Experience Centres.As the company was established in the year 2014, the brand HomeLane has grown-up into one of the leading tech-enabled home interiors brands in India. It providespersonalised and professional end-to-end interior services. With the technological intrusions, tech-empowered professional designers and project managers, the company HomeLane has fabricated a society of more than 35,000 happy and satisfied customers across the nation in the last nine years.