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Most Innovative Companies

Livspace

Livspace is a first-of-its-kind online platform for furnishing and decorating interior spaces. Launched in 2016, the platform creates what cofounder Anuj Srivastava calls a “three-way marketplace” between a consumer, interior designer, and product suppliers. The streamlined process enables Livspace-certified interior designers to manage nearly 10 times the number of projects as before and earn up to five times their previous income. A designer can create concepts in 2D or 3D, and clients can review them and deliver a decision–on details like wallpaper, paint, furnishings, and closets—in days rather than months. Livspace contractors then come to customers’ homes to turn concept into reality; selection to installation takes 12 weeks. Livspace has taken 65,000 floor plans from 17,000 Indian apartment complexes and created design choices for potential customers to consider. The company hopes to allow interior designers worldwide to use the program and work remotely with homeowners in India.

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2017: India
Data
headquarters: Bangalore, India
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