Chapter Home Secures ₹63 Crore Funding from Bessemer and Others
The home and kitchen brand Chapter Home raises ₹63 crore to enhance product development and expand its market presence.
Chapter Home raises ₹63 crore in funding.
The company is valued at nearly ₹1,000 crore.
Funds will be used for product development and retail expansion.
Chapter Home, a burgeoning brand in the home and kitchen sector, has successfully secured ₹63 crore in a funding round that included contributions from Bessemer Venture Partners, Stride Ventures, influencer Tanmay Bhat, and several family offices. This investment elevates the company's valuation to approximately ₹1,000 crore, marking a significant milestone in its growth trajectory.
Founded in 2025 by a team that includes Nitin Chugh, Akarsh Bharadwaj, Shrey Mittal, Dhiraj Jain, and Dheeraj Goyal, Chapter Home aims to create a diverse range of consumer brands. The founders previously played key roles at PharmEasy, which adds to their credibility in the entrepreneurial landscape. The company is focused on categories such as bed and table linen, cookware, home décor, and small kitchen appliances, leveraging their expertise to carve a niche in the market.
The newly acquired capital will be instrumental in bolstering product development initiatives, exploring new market categories, and enhancing technology and brand-building efforts. Additionally, Chapter Home plans to establish its first physical retail locations, which will complement its online offerings. The company has already launched HOKIPO, an online brand specializing in home furnishings, as its inaugural category.
Chapter Home employs a shared platform that integrates sourcing, supply chain management, content creation, technology, and distribution across its various brands. This innovative approach not only streamlines operations but also enhances efficiency. The company is utilizing artificial intelligence to optimize product cataloging, content generation, demand forecasting, and customer engagement strategies, ensuring a competitive edge in the marketplace.
Looking ahead, Chapter Home is set to broaden its product range within the home and kitchen sectors. The company plans to leverage online marketplaces, quick commerce platforms, and its direct-to-consumer channels, alongside traditional retail avenues, to maximize its reach and impact in the industry. With these strategic initiatives, Chapter Home is poised for significant growth in the coming years.
