BANGALORE, October 31, 2018 /PRNewswire/ --
- The only Indian company to be recognized in the Internet/Online sector
- Livspace's second global recognition, after being listed as the one the world's most innovative companies in 2017 by Fast Company
Livspace, India's largest home interior and renovation platform, has been announced as one of the winners of the prestigious Red Herring Top 100 Global 2018 award and is featured among some of the top companies in USA, China, India and Southeast Asia. Livspace has been recognized for its contribution in the Internet/Online (ISP, B2B and B2C) sector.
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Red Herring Global is the culmination of a year's work of scouring the globe and reviewing thousands of privately held companies from around the world. The companies were evaluated based on quantitative and qualitative criteria which included financial performance, technology innovation, management quality, strategy, and market penetration. This is the second global recognition for Livspace, after being featured in Fast Company's list of World's Most Innovative Companies in 2017.
"We are thrilled to receive the 2018 Red Herring Top 100 Global Award," said Anuj Srivastava, Co-Founder & CEO, Livspace. "This is truly a testament to the innovation of the Livspace platform and the dedication of the entire Livspace team. It's also in keeping with our vision to evolve the platform into one of the biggest and most admired consumer internet companies to emerge out of the region," he added.
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe Livspace embodies the vision, drive and innovation that define a successful entrepreneurial venture. Livspace should be proud of its accomplishment."
Red Herring's Top 100 Global list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way one will live and work.
Livspace is India's largest home interior and renovation platform. The company launched operations in Bengaluru, India in 2015. Its three-sided marketplace brings together homeowners and a curated community of designers and vendors. Homeowners get access to interiors for all rooms in a home, designed and delivered in a predictable, hassle-free manner. In 2016, Livspace launched Canvas, world's first design-to-installation platform for the interior design industry; the cloud platform creates unique experiences for homeowners and scales the job of interior designers. Livspace currently serves seven metro areas in India including Bengaluru, Delhi, Gurgaon, Hyderabad, Mumbai, Noida and Thane. The company has a network of 20 Design Centers and experience apartments all over the country.
Livspace has showcased phenomenal growth since its launch and has raised over $103 million in capital by some of the top global investors including TPG Growth, Goldman Sachs, Bessemer Venture Partners, Jungle Ventures, Helion Ventures and UC-RNT.
For more information, please visit https://www.livspace.com/
About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.