TplusA India Pvt Ltd Secures Strategic Investment from Livspace and Leading Industry Investors
Mumbai: TPlusA India Pvt Ltd, a fast-growing player in the furniture fittings and hardware segment, has secured a strategic investment of over 5 million Euro from Livspace, India’s leading home brand, along with Ramakant Sharma, Founder and CEO of Livspace, and Nishant Sharma, Founder and Managing Partner of Kedaara Capital. This investment aims to expand TPlusA’s operations and align its capabilities with Livspace’s full-stack supply chain vision.
Strategic Partnership for Growth
The investment is a strong endorsement of TPlusA’s vision, and the partnership is expected to accelerate the company’s journey to deliver smart and design-forward hardware solutions for India’s growing interiors market. Anil Goel, Founder and CEO of TPlusA, said, “This isn’t just capital, it’s a strategic partnership. Their collective experience and insight will accelerate our journey.” Ramakant Sharma, Founder & CEO of Livspace, added, “We believe in investing in businesses that align with our core category focus.”
Utilization of Funds
The fresh funding will be utilized to set up a state-of-the-art manufacturing unit in Madhya Pradesh, enabling efficiency and cost optimization across both businesses. TPlusA specializes in high-quality furniture hardware and accessories, partnering with leading global manufacturers and offering its own value-for-money in-house brand, T+A.
