Shadez raised more than $200K in a pre-Series A investment
Interiors

Shadez raised more than $200K in a pre-Series A investment

Shadez, a home interiors firm, has raised more than $200,000 in a pre-Series A round backed by angel investing platform Inflection Point Ventures. By the end of current fiscal year, the funds raised will be used to enter metros such as Bengaluru, Chennai, Delhi, and Ahmedabad. The company operates in Mumbai, Pune, and Vadodara, and has painted over 4 lakh square feet of residences in Mumbai. They've also utilised around 10,000 litres of paint to add joy and colour to their clients' houses. With their experienced staff and mechanised tools, Shadez hopes to complete the re-painting project in one day. Customers can also take advantage of simple EMI options. They were named the 'Best Home Interior Paint Company of the Year'. To make the entire process faster than any other traditional painting procedure, the business uses a smart painting technique and the latest automation instruments, as well as skilled painters. These elements assist them in removing the stress that most individuals have when dealing with painting assignments. Shadez plans to deliver 10 times the present revenue in the following 12 months in order to make painting projects more convenient. Shadez works on both residential and commercial projects 24 hours a day, 7 days a week to meet all needs. In the near future, they hope to expand their services to include false ceilings, outside painting, and project consultation. “Home decor in India is a highly unorganized market and there is no standardization of such services. Shadez is attempting to solve this pain point for homeowners as they finish the painting job in a day," said Vinay Bansal, founder and chief executive officer, Inflection Point Ventures, and added that its application of technology to cut down the total service time and deliver the project in a day is a potential game changer in a large residential market in India because we may do the complete interiors once in five years, but painting is a recurring house maintenance service.

Also Read
https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/these-exquisite-items-will-ramp-up-your-home-decor/32831
https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/give-a-design-uplift-to-your-bathrooms/33012

Shadez, a home interiors firm, has raised more than $200,000 in a pre-Series A round backed by angel investing platform Inflection Point Ventures. By the end of current fiscal year, the funds raised will be used to enter metros such as Bengaluru, Chennai, Delhi, and Ahmedabad. The company operates in Mumbai, Pune, and Vadodara, and has painted over 4 lakh square feet of residences in Mumbai. They've also utilised around 10,000 litres of paint to add joy and colour to their clients' houses. With their experienced staff and mechanised tools, Shadez hopes to complete the re-painting project in one day. Customers can also take advantage of simple EMI options. They were named the 'Best Home Interior Paint Company of the Year'. To make the entire process faster than any other traditional painting procedure, the business uses a smart painting technique and the latest automation instruments, as well as skilled painters. These elements assist them in removing the stress that most individuals have when dealing with painting assignments. Shadez plans to deliver 10 times the present revenue in the following 12 months in order to make painting projects more convenient. Shadez works on both residential and commercial projects 24 hours a day, 7 days a week to meet all needs. In the near future, they hope to expand their services to include false ceilings, outside painting, and project consultation. “Home decor in India is a highly unorganized market and there is no standardization of such services. Shadez is attempting to solve this pain point for homeowners as they finish the painting job in a day, said Vinay Bansal, founder and chief executive officer, Inflection Point Ventures, and added that its application of technology to cut down the total service time and deliver the project in a day is a potential game changer in a large residential market in India because we may do the complete interiors once in five years, but painting is a recurring house maintenance service.Also Readhttps://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/these-exquisite-items-will-ramp-up-your-home-decor/32831https://www.constructionworld.in/latest-construction-news/real-estate-news/interiors/give-a-design-uplift-to-your-bathrooms/33012

Next Story
Infrastructure Transport

NHAI to Upgrade Tamil Nadu Highways

To reduce congestion on key national highways in Tamil Nadu, the National Highways Authority of India (NHAI) has planned capacity upgrades for at least eight highway stretches. The improvements will include bypasses, flyovers, and four-laning in Salem, Coimbatore, Tiruppur, Nilgiris, and Cuddalore. NHAI has invited tenders to appoint consultants for preparing detailed project reports (DPRs) on these expansions. The affected highways include NH-181, NH-81, NH-532, NH-85, and NH-136. Proposed Upgrades Across Highways - NH-181 (Coimbatore-Gundlupet Route): This stretch will see four bypasses an..

Next Story
Infrastructure Transport

Ludhiana-Bathinda Highway Revived as NHAI Invites Bids

The Ludhiana-Bathinda highway project, initially stalled due to land acquisition issues, has been revived as the National Highways Authority of India (NHAI) invites fresh bids to resume construction. The project, part of the Ludhiana-Ajmer Economic Corridor, is estimated to cost Rs 24.61 billion and will be executed in two phases. Package 1, covering 30.03 km, has a budget of Rs 9.06 billion, while Package 2, spanning 45.25 km, is set to cost Rs 15.55 billion. The NHAI had previously withdrawn the project due to unavailability of land. However, intervention from Union Minister for Road Trans..

Next Story
Infrastructure Urban

Dilip Buildcon Wins Rs 460M Arbitration

Infrastructure major Dilip Buildcon has secured an arbitration award of Rs 460 million against the National Highways Authority of India (NHAI) over delays and breaches during the execution of a highway project in Karnataka. The dispute pertains to the Rehabilitation and Upgradation of the Kerala Border to Kollegala Section of NH 212, awarded to Dilip Buildcon under an Engineering, Procurement, and Construction (EPC) agreement dated June 6, 2014. The project involved two-lane expansion with paved shoulders and four-lane development under the National Highways Development Project (NHDP) Phase IV..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?