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Foyr

From EverybodyWiki Bios & Wiki


Foyr
ISIN🆔
IndustryHome & Garden
Founded 📆2014 (2014)
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
Worldwide
Members
Number of employees
70
🌐 Websitehttp://foyr.com
📇 Address
📞 telephone

"Foyr.com" is an online marketplace offering home décor solutions. Foyr.com makes use of 3D design and augmented reality, enabling people to design their interiors online on their site within minutes and later execute them in collaboration with experts associated with the site.[1]

History

Foyr (formerly renderlogy.com) was founded by Shailesh Goswami, an alumnus of IIT-Delhi and a former Senior Director at Microsoft in June 2014. While Renderlogy catered to B2B (business-to-business) segment[4], Foyr is a business-to-consumer (B2C) portal.[2]

Funding

Foyr had raised Rs 10 crore in a Series-A round of funding from Brick Eagle in February 2015,[3] and Rs 6 crore from Astarc Ventures in May 2015.[4]

Business Model

Foyr is now in the process of bringing together architects, designers, and retailers onto the online platform.

Awards

Foyr was nominated as a top innovator in the Economic Times Startup Awards 2015 for innovative end-to-end interior design and decor solutions that help homeowners design their homes using products listed on the site from local sellers.[5]

References

  1. V. RISHI KUMAR (2015-07-22). "Foyr.com launches interior design solution for homes". The Hindu. Retrieved 2015-09-19.
  2. Sharath N (2015-07-23). "Renderlogy turns B2C as Foyr.com". The Metro India. Retrieved 2015-09-19.
  3. "Renderlogy raises Rs 10 crore from Brick Eagle". The Business Standard. 2015-02-19. Retrieved 2015-09-19.
  4. "Astarc Ventures invests Rs 6 cr in online home decor firm Renderlogy". The Business Standard. 2015-05-27. Retrieved 2015-09-19.
  5. "TOP INNOVATOR- ET Awards". Economic Times. Retrieved 2015-09-19.


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