Infurnia Technologies has raised $1.2 million from angel investors led by Yogesh Choudary of Jaipur Rugs, which has seemingly valued the company at $17 million. From what it’s understood, this has brought Infurnia’s total funding to $3.7 million.
According to an official release, Infurnia is a cloud-native design software for the architecture and interior design industry. Reportedly, Infurnia focuses on creating a design platform for the architecture and interior design ecosystem. It’s believed that Infurnia provides tools packed in one cloud-based software for design, documentation and visualisation aspects of any architecture or interior design. Sources suggest that Infurnia offers the software on subscriptions to architecture and interior design firms.
“We are raising funds on a need basis from angels primarily. I believe Choudary is an investment partner who has reinvested in us for the last four years. We needed product-oriented investors who understand it takes time to create a product in the tech space we are into,” Nikhil Kumar, CEO, Infurnia Technologies, said.
