Bengaluru HomeLane Achieves Profitability Milestone Expands Franchise Network Across India
Bengaluru-based HomeLane has achieved a major profitability milestone in FY25, reporting 22% year-on-year revenue growth to ₹756 crore and turning EBITDA positive in the fourth quarter. The company, India’s end-to-end home interiors solutions platform, completed over 55,000 projects across more than 40 cities last year, installing nearly 30 homes daily. Building on this momentum, HomeLane plans to launch 100 new franchise-led stores over the next 12 months, targeting expansion beyond traditional metro strongholds into emerging Tier II and Tier III cities.
HomeLane operates through a hybrid Franchise-Owned, Company-Operated (FOCO) and Franchise-Owned, Franchise-Operated (FOFO) model, allowing it to combine operational control with scalable, asset-light growth. Its presence spans metros such as Mumbai, Bengaluru, and Delhi-NCR, as well as fast-growing cities including Jaipur, Kochi, and Siliguri. CEO and Co-founder Srikanth Iyer highlighted that strengthening the franchise network and operational capabilities has allowed HomeLane to deliver technology-enabled interior solutions to a wider base of homeowners.A key differentiator is SpaceCraft, HomeLane’s proprietary AI-driven platform, which integrates machine learning with 3D visualisation to enable real-time pricing, faster design decisions, and seamless project execution. Supported by a curated materials catalogue of over 160 laminate shades and private-label offerings like Tyrox hardware and Hydroguard Plus boards, the platform ensures quality and consistency across projects.
Strategic consolidation has further strengthened HomeLane’s market position. The acquisition of DesignCafe reduced consolidated net losses to ₹80 crore in FY25 from ₹121.7 crore in FY24, while EBITDA losses improved from -15% to -9.9%. The company’s ₹225 crore capital raise in 2024 supported technology enhancements, franchise expansion, and long-term growth initiatives.Looking ahead, HomeLane plans to intensify focus on urban clusters such as Mumbai and NCR while expanding aggressively in smaller cities. The company aims for full-year profitability in FY26 by leveraging its asset-light, franchise-led growth strategy combined with technology-driven operations. Analysts note that HomeLane is well-positioned to benefit from India’s transition from unorganised interior contractors to organised, tech-enabled service providers, setting new benchmarks in operational efficiency and scalable design delivery.
As India’s home interiors market grows, HomeLane’s approach exemplifies the combination of franchise-led expansion, digital tools, and standardised quality that can redefine customer experience in a traditionally fragmented sector.