Material Depot Analysis: $1M Raised
What is Material Depot?
Material Depot is a platform for discovering and procuring interior design materials, including tiles, laminates, plywood, and sanitaryware.
Employees
4
Founded
2021
Revenue
$5.7M
Business Model
Marketplace model with commission-based revenue from material sales and partnerships.
Product Features & Capabilities
- Tiles, Plywood & Boards, Laminates, Louvers & Panels, Sanitaryware, Hardware, Wallpaper, Wooden Flooring, Quartz Countertops, Edgebands, 3D Wall Panels, HPL Sheets, Stone Cladding, Waterproof Plywoods, Designer Basins, various types of laminates including fabric, acrylic, and wood laminates.
Pricing
- Bedroom Louvers from ₹338/Panel
- Durable Wooden Flooring from ₹79/Sqft
- Lacquered Glass from ₹285/Sqft
- Engraved Acrylic Panels from ₹4440/Piece
- Elegant Wall Mouldings from ₹161/Piece
- Matte Finish Tiles from ₹43/Sqft
- Waterproof Plywoods starting at ₹24
- Water Resistant Plywoods starting
How much Material Depot raised
1 - $1,400,000
March 2022Lead Investor: Soma Capital and two other investors
Who are the founders of Material Depot
MR
Manish Reddy
Founder
SA
Sarthak Agrawal
Founder
Market Focus
Material Depot primarily focuses on the interior design materials market, offering products such as tiles, laminates, plywood, and sanitaryware.
Investors
- Accel
- Y Combinator
- Goodwater Capital
- 2 other investors (names not specified)
Competitors Overview
Material Depot operates in the interior design materials market, where its main competitors include:
- Infra.Market: This company offers a wide range of construction materials and has a strong online presence. Notable competitors of Infra.Market include Zetwerk, Elmawkaa, and Udaan. Infra.Mark
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