Bangalore: Wallter Systems, a pioneering space-saving furniture brand, has raised an undisclosed amount in a seed round led by Inflection Point Ventures (IPV). The funds will be used to scale up the company’s operations and brand building.
Wallter Systems was founded in 2021 by Bhanushree Natekar, an engineer with a passion for creating functional and stylish furniture. The company’s mission is to help homeowners make the most of their limited living space by providing innovative and affordable space-saving furniture solutions.
Wallter Systems’ furniture is designed to be versatile and multifunctional, with many pieces that can be transformed into multiple forms. This allows homeowners to have multiple pieces of furniture in one, saving them both space and money. The company’s furniture is also durable and well-made, using high-quality materials and construction techniques.
The investment from IPV will help Wallter Systems to scale up its operations and reach a wider audience. The company plans to use the funds to expand its product range, open new showrooms, and hire more employees.
Ivy Chin, Partner at IPV, said, “We are excited to partner with Wallter Systems. The company has a strong team with a clear vision to address the growing demand for space-saving furniture in India. We believe that Wallter Systems has the potential to become a leading player in the space.”
Bhanushree Natekar, Founder and CEO of Wallter Systems, said, “We are grateful to IPV for their investment and support. The funds will help us to accelerate our growth and make our products available to a wider audience. We are confident that Wallter Systems will become the go-to brand for space-saving furniture in India.”
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