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Material Depot

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India’s first and fastest-growing digital material library

Mumbai, IndiaFounded 2021eCommerce & Marketplaces
Valuation $0–100M Latest valuation · 2026
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Material Depot and the history behind them.

About Material Depot

Material Depot is an Indian startup operating in the home improvement and interior design market. It offers a wide range of high-quality, durable materials for both interior and exterior applications. The company's product portfolio includes bedroom louvers, wooden flooring, engraved acrylic panels, lacquered glass, wall mouldings, matte finish tiles, flexible PVC laminates, marble panels, bendable sheets, Everlast SPC floors, and WPC panels.

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Material Depot primarily serves homeowners, interior designers, and contractors looking to enhance their spaces with stylish, durable, and affordable materials. The company operates an e-commerce platform, allowing customers to browse and purchase products online. This business model is particularly beneficial in the current digital age, where online shopping is increasingly preferred.

The company generates revenue through the sale of these products. With competitive pricing and a wide selection, Material Depot is able to attract a broad customer base. The company's focus on quality and durability also ensures customer satisfaction and repeat business.

In summary, Material Depot is a promising startup in the home improvement market, offering a wide range of high-quality, stylish, and durable materials at competitive prices. Its online business model allows for easy access and convenience for its customers, contributing to its potential for growth and profitability.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Mumbai, India
Employees
119
Open positions
1
Dealroom signal
89.9/100
Industry
Real Estate
Sub-industry
Search, Buy & Rent, Real Estate Services
Sector
eCommerce & Marketplaces, YC W22
Business model
Marketplace & ecommerce
Client focus
b2b, b2c

Latest news

Press, funding announcements and product moves mentioning Material Depot.

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Feb 2026 $10M $40M Swapnil Saurav · DeVC India · Abhiroop Jayanthi · Accel
SERIES AEquity / VC Dec 2024 $3.3M $13M Undisclosed
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Material Depot website traffic

Latest recorded traffic for Material Depot is 390K monthly website visits, up 56% over the last three months. Material Depot's team grew 30.8% over the past year.

Latest monthly visits390K 3-month web change+56% 1-year team growth+30.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

20 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A17 investors entered at this stage

  • Accel
  • Stellaris Venture Partners
  • Swapnil Saurav
  • DeVC India
  • Abhiroop Jayanthi
  • Whiteboard Capital
  • Arpita Kapoor
  • Shashvat Nakrani
  • Ananya Singhal
  • Abhishek Goyal
  • Ankit Nagori
  • Niraj Singh
  • Soma Capital
  • Harsh Pokharna
  • Rajesh Reddy
  • MyAsiaVC
  • Vineet Khanna
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇳 India97.8%
🇭🇰 Hong Kong1.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Material Depot on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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