Personalised home furnishings provider Livspace has acquired the design community and marketplace for consumers and design professionals DezignUp for an undisclosed amount. Post acquisition, the co-founders of DezignUp and its core team will join the Livspace team. Note that in December last year, Livspace raised $4.6 million in a series A round of funding led by Helion Venture Partners and Bessemer Venture Partners, with participation from Jungle Ventures and other Indian investors. The company had mentioned then that it would use the funding to develop new products & technology, strengthen its management team and focus on home design & decor markets in India and South East Asia. Livspace mentions that the key reason for this acquisition was to help scale its business faster and offer more design choice to homeowners. Currently DezignUp offers articles in various categories like how-tos, trends and restaurant design etc. The platform also lists professional designers in various cities along with their portfolios. Users can contact these designers via the website for queries and professional help. It is not clear if DezignUp will stay as an independent platform post acquisition. As of now, parts of the website seem to have migrated to a Livspace subdomain. The website also links back to Livspace, although parts of the website including its listings of professionals, are still retained at the DezignUp domain. Livspace’s website has a new category ‘Community’ which links the user to DezignUp. Livspace currently focuses on furnishings for living rooms, bedrooms and dining rooms, and allows…
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