TplusA India Pvt Ltd secures strategic investment of over 5 million Euro from Livspace and leading industry investors
- Sub Editor
- Aug 6
- 2 min read
TPlusA India Pvt Ltd, a fast-growing player in the furniture fittings and hardware segment, has secured a strategic investment of over 5 million Euro from Livspace, India’s leading home brand across interiors, furnishings, and furniture, along with Mr. Ramakant Sharma, Founder and CEO of Livspace, and Mr. Nishant Sharma, Founder and Managing Partner of Kedaara Capital, who have invested in their individual capacities. The capital infusion is aimed at expanding TPlusA’s operations and aligning capabilities with Livspace’s full-stack supply chain vision.
"Having Livspace, along with Mr. Ramakant Sharma and Mr. Nishant Sharma, back our vision is a strong endorsement of what we’re building at TPlusA,” said Anil Goel, Founder and CEO, TPlusA India Pvt Ltd. “This isn’t just capital, it's a strategic partnership. Their collective experience and insight will accelerate our journey to deliver smart and design-forward hardware solutions for India’s growing interiors market.”
"We believe in investing in businesses that align with our core category focus," said Ramakant Sharma, Founder & CEO, Livspace. "This partnership is a natural extension of our commitment to build an end-to-end ecosystem for home improvement in India."
The fresh funding will be utilised to set up a state-of-the-art manufacturing unit in Madhya Pradesh, enabling efficiency and cost optimisation across both businesses.
TPlusA specialises in high-quality furniture hardware and accessories, including wooden components, fixtures, fittings, and door hardware. The company partners with leading global manufacturers such as WSS (Germany), Indaux (Spain), and SIGE (Italy), and also offers its own value-for-money in-house brand, T+A.
About TplusA India Pvt. Ltd.
Tplus A India (formerly known as GOTC India Private Limited) was founded by Industry veteran Anil Goel about 15 months ago and has made its presence felt in the market by onboarding most of the leading brands of furniture manufacturers. It has also disrupted the price point by offering European quality at significantly lower costs. TplusA now plans to set up a manufacturing unit in India to follow “Make in India” in true spirit and to create consistent cost advantages.
About Livspace
Livspace is India’s leading home (including interiors, furnishings & furniture) and design services brand. Using its proprietary technology, Livspace provides a one-stop renovation solution for homeowners—from design to managing last mile fulfillment for all rooms in a home. The brand has organised a fragmented industry, bringing together designers, brands, manufacturers and contractors to enable an eCommerce-like trusted and predictable experience. Livspace currently serves Singapore (through Qanvast) & over 70+ metro and non-metro areas in India. Livspace has showcased phenomenal growth since its launch, having delivered over 120,000 rooms and selling over 5 million SKUs through its platform. The company has raised around USD 450 million in capital from some of the top global investors including KKR, Ingka Group Investments (part of largest IKEA retailer Ingka Group), TPG Growth, Goldman Sachs, Kharis Capital, Venturi Partners, FFP (Peugeot Group’s Holding Company), EDBI, Bessemer Venture Partners, Jungle Ventures, Helion Ventures and UC-RNT. www.livspace.com
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