Home interiors startup Shadez has raised over $200K in its pre-Series A round led by an angel investment platform Inflection Point Ventures (IPV).
The funding money will be used for entering metros such as Bengaluru, Chennai, Delhi and Ahmedabad by the end of this financial year. A significant portion of the funds will also be invested in technology, machinery, manpower, marketing and product development, said Shadez in a press release.
Floated by Adarsh Anand, Shadez works with a smart painting process and the latest automatic tools along with professional painters to make the entire process faster than any other conventional process of painting.
The startup is operating across Mumbai, Pune and Vadodara and claims to have painted over 200 homes in Mumbai to date. Shadez aims to deliver the re-painting job in a day’s time with their professional team and mechanized tools. They also offer easy EMI plans for their customers.
Last week, Inflection Point Ventures (IPV) backed a deeptech startup focused on apparel cataloging, NeuroPixel.AI.
