Wify is a home furnishing installation startup that secured $3 million in its pre-series A funding round  led by Mount Judi Ventures and Capira Ventures. The funding round saw participation from the firm’s  existing and new investors including Blume Founders Fund. The startup plans to use these fresh  proceeds to expand its categories and deepen existing categories with more value-added services.  

Some portion of this investment will also be used on software & hardware enhancements, and market  expansion. The company previously secured $2 million in its last seed funding round led by Capira  Ventures in July 2022. Wify aims to fill the gap between skilled technicians and modern home  furnishing installation brands. The startup offers SaaS platforms with streamlined order management  and real-time tracking for brands and customers with on-site project management. The company aims  to use generative artificial intelligence for training, onboarding of workmen, and improving customer  services. The startup offers more than 3000 specialized and skilled technicians and operates in more  than 100 cities in India. 

The company has partnerships with more than 100 leading global and local brands including Mazon,  Hettich, Godrej, and IKEA. The company competes with other Urban companies in B2C and B2B  platforms including local players such as Easyfix, and Mechanic2Home. The funding amount will be  used for operational expenses, expanding its categories, business growth, and general corporate  purposes. 

The startup offers a platform that introduces carpenters and those who are trained to offer modular  furniture installation services including wardrobes, kitchens, and other modular furniture with one  one-year warranty. Wify has known brands as its investors and clients including IFB, Samsung, Livspace,  Spacewood, HomeLane, Godrej, and more. The startup reported a two-fold increase in its y-o-y growth  with Rs 24.47 crore revenue in FY23. The net loss stood at Rs 5.65 crore during the same period.  

Conclusion: 

Wify is an on-site home furnishing brand that secured $3 million in its pre-series A funding round co led by Capira Ventures and Mount Judi Ventures. The funding round had participation of the firm’s  existing and new investors including Blume Founders Fund. The startup plans to use these fresh  proceeds to expand its categories while deepening existing categories with more value-added services,  software & hardware enhancements, and market expansion. The startup previously secured $2 million  in its first seed funding round led by Capira Ventures. The startup offers SaaS platforms with  streamlined order management and real-time tracking for its users with on-site project management.  This startup plans to use generative artificial intelligence for training, and improving customer services.  The company claims to have 3000+ skilled technicians and operates in more than 100 cities in India.  Wify aims to fill the gap between skilled technicians and modern home furnishing installation brands.  The startup offers a platform that introduces carpenters and those who are trained to offer modular  furniture installation services. The company competes with other Urban companies in B2C and B2B  platforms including Mechanic2Home.