Material Depot funding, investors and company details

Material Depot is an emerging Retail startup from Bengaluru, working in the space of Operates as an online discovery and omnichannel retail platform connecting architects, designers, and homeowners with interior materials. Founded by Manish Reddy, Sarthak Agarwal.

Company: Mdepot Retail Technologies Private Limited
Sector: Retail
Location: Bengaluru
Founders: Manish Reddy, Sarthak Agarwal
Total funding raised: ₹90.77 Cr

Company overview

Material Depot operates as an online discovery and omnichannel retail platform connecting architects, designers, and homeowners with interior materials like tiles, laminates, wallpapers, wooden flooring, and wall panels. Core operations focus on building a comprehensive materials library with image recognition, digital mood boards, and workflow automation tools enabling sample ordering, customized product requests, and trend analysis. The platform curates manufacturer listings, provides guaranteed pricing, and streamlines procurement by cutting out middlemen while delivering directly to projects through integrated logistics.

Funding rounds

Latest round (Series A): $ 10.00 Mn (₹90.77 Cr.), 2026-02-05. Investors: Accel, Stellaris Venture Partners, Whiteboard Capital, DEVC, Soma Capital, MyAsiaVC