Omnichannel furniture and home furnishings brand Chapter Homes has raised ₹63 Cr ($6.6 Mn) in a strategic funding round through a mix of debt and equity. The fundraise valued the startup at nearly ₹1,000 Cr (around $106 Mn).
The round saw participation from Bessemer Venture Partners, Stride Ventures, comedian Tanmay Bhat and a clutch of family offices. The brand claims to have also received further commitments from undisclosed backers for a future fundraise.
In a statement, the startup said that it plans to utilise the fresh capital to strengthen product development, expand into newer categories and invest in technology and brand building. A chunk of the capital will also be used to scale its omnichannel distribution network and set up its initial offline footprint.
“… Consumers are increasingly looking for better-designed products, trusted quality, strong functionality and a superior overall experience – online and in store – and we see a meaningful opportunity to build for those needs. That is why we are building focused brands for each category across home and kitchen,” said Chapter Homes cofounder Nitin Chugh.
Founded in 2025 by former PharmEasy executives Chugh, Akarsh Bharadwaj, Shrey Mittal, Dhiraj Jain and Dheeraj Goyal, Chapter Homes claims to be building multiple consumer brands across categories for home and kitchen needs of Indian consumers. It has already launched a home furnishing brand under HOKIPO.
Going forward, it plans to leverage synergies across supply chain, content, technology and distribution to expand into adjacent categories such as cookware, home décor and small kitchen appliances.
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