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HomeLane banks on commercial interior design business to drive growth

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HomeLane banks on commercial interior design business to drive growth

- HomeLane's commercial interiors vertical, Cubico, is expected to generate 10% of its revenue, around ₹80 crore, this year. - The company's goal is for Cubico to become a ₹1,000-crore business in the next five years, targeting the SME segment. - HomeLane plans to expand its services in the home interiors business and has started piloting Wrap Zap, a service that offers quick makeovers for small spaces. - The company aims to expand its presence from 25 cities to 50 cities in the next two years, capitalizing on the demand for branded home interior solutions in tier 2 markets. - HomeLane recently acquired Design Cafe, broadening its target market to more premium customers and emphasizing the design journey aspect. - HomeLane set ambitious growth targets, aiming for a four-fold increase in revenue in the next five to six years, reaching ₹2,500-3,000 crore.

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