Home décor and lifestyle brand The Artment has raised Rs 10 crore in a pre-Series A round led by Inflection Point Ventures (IPV). The round also saw participation from Siyaram Family Office, ESV, Capitar Ventures, and others. Notably, IPV invested through IPV International using the GIFT City route, marking a milestone in cross-border early-stage funding.
The Gurugram-based company had earlier secured $527,000 in seed capital from Harshit Poddar and other investors. The fresh funds will be used for category expansion, scaling its proprietary ‘Art Lab’ tech platform, and channel diversification across both online and offline retail networks.
Blending Art, Technology, and Lifestyle Design
Founded in 2019 by Aditya Agarwal and Aanchal Agarwal, The Artment offers an extensive range of art-inspired furnishings—including dining collections, lighting, and wall art—influenced by global art movements. The brand has built a strong digital presence via its own website and major e-commerce platforms, and recently expanded into luxury offline retail through a partnership with Taj Hotels.
“At Artment, we invested early in building a strong data analytics engine called Art Lab, which allows us to launch the right product assortment and stay aligned with evolving consumer tastes,” said Aditya Agarwal, Founder & CEO.
Strong Growth and Market Outlook
India’s home and living market, currently valued at $3.7 billion, is expanding at a 15% CAGR, with 12% of total sales coming from online channels. The Artment, which is EBITDA positive, targets a Rs 100 crore annual revenue run rate (ARR) within the next six months.
The company reports a 20% repeat customer rate and a robust supply chain spanning India’s key art manufacturing hubs, including Moradabad, Khurja, Firozabad, and Jodhpur.
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