Ex-Livspace Duo Jain, Mittal In Talks To Raise $15 Mn For Home Interior Materials Startup Gravity

Saurabh Jain and Lalit Mittal are building Gravity, a full-stack home interior materials platform, and are in talks to raise $15 Mn from 3one4 Capital and InfoEdge. The venture targets India's $20 Bn interiors market.

— Source publishedFri, 10 Jul, 2026, 15:43 IST·First seen Fri, 10 Jul, 2026, 17:20 IST·Source Inc42

What happened

Ex-Livspace duo Saurabh Jain and Lalit Mittal are building Gravity, a full-stack home interior materials platform, and are in talks to raise $15 Mn from 3one4

Key facts

  • $15 Mn
  • ₹143 Cr
  • $20 Bn market
  • ₹200 Cr
  • 1,000 layoffs
  • 12%

Why this matters

A well-funded, founder-led entrant in home interior materials could reshape supply relationships and become a partnership or acquisition target for adjacent players in the interiors and building-materials value chain.

What to watch

  • Round close confirmation and final valuation/dilution
  • First warehouse/fulfillment hub launch and target cities
  • Gross margin disclosure on materials vs services split
  • Competitive response from vertically integrated interior players
  • InfoEdge follow-on signaling (indicates conviction beyond seed)
  • 3one4 and InfoEdge finalize term sheet; expect anchor lead announcement
  • Gravity signs supplier tie-ups with laminate/hardware manufacturers to prove full-stack sourcing
  • Founders recruit ex-Livspace/HomeLane supply-chain and category leads
  • Incumbents (Livspace, HomeLane, Asian Paints Beautiful Homes) watch for margin/pricing pressure in materials procurement

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