Livspace, Backed by KKR, Approaches Profit Ahead of IPO

Reported 21 days ago

Livspace, a home interiors platform supported by KKR and Goldman Sachs, anticipates its first profit in early 2025 as it gears up for an IPO. The Singapore-based startup, which generates 85% of its revenue from India, is experiencing 40% year-over-year revenue growth and plans to relocate its headquarters to India by mid-2025. Livspace aims to increase its store presence across India while focusing on organic revenue growth after shifting away from acquisitions.

Source: YAHOO

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