Trampoline, a B2B home decor company, has secured $5 million in a funding round led by Matrix Partners India and WaterBridge Ventures. Additionally, the company raised $2 million in venture debt from Alteria Capital, with Matrix and WaterBridge each contributing $2.5 million. This represents Trampoline’s first institutional funding since its establishment in December 2023 by founders Abhik Ghosh, Anushka Mahanti, and Varun Deo.
Anjali Sosale, partner at WaterBridge Ventures, commended Trampoline for addressing traditional industry challenges such as complex supply chains, non-transparent pricing, and inconsistent quality. The company’s platform enables independent retailers to access a diverse range of suppliers and unique product catalogs. India, a major player in the global home decor market with exports exceeding $10 billion annually, is set to benefit significantly from Trampoline’s innovative model.
Trampoline focuses on product design and procurement for independent home decor retailers from international suppliers, initially targeting the UK market. The company plans to expand into the US and Germany next year. With Deo based in India and Ghosh and Mahanti operating from the UK, Trampoline leverages India’s competitive edge in design and supply.
Sudipto Sannigrahi, managing director at Matrix Partners India, expressed strong support for Trampoline’s mission. He highlighted the company’s customer-centric design approach and fully-digitized supply chain as solutions to key challenges faced by global home decor retailers.
Trampoline offers several benefits, including no minimum order requirements, credit solutions for smaller retailers, and comprehensive logistics management. The company is also developing technology to assist Indian suppliers with raw material sourcing and labor management.
According to Ghosh, the equity funding will be used to enhance the tech team in India and expand the go-to-market team in the UK. The venture debt will be allocated to building the company’s inventory. Drawing on their experience at Wayfair, the founders have observed a shift in supply chains from China to countries like India and Vietnam, driven by quality, customer satisfaction, and cost considerations.
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By Proptechbuzz
By Ravi Kumar
