Livspace forms a Joint Venture with Alsulaiman Group

Livspace a home interior company has formed a joint venture with  Alsulaiman Group, to expand its business to the Middle East. The company plans to take over the market of home interior and renovation in Saudi Arabia. The founder and CEO of Livspace, Anuj Srivastava has said that they are launching KSA initially and looking to capitalize on this opportunity by expanding themselves to Saudi Arabia and North America. 

This will give an opportunity to thousands of small home interiors business and renovation solutions to expand their business and will also create the most organized digital supply chain for the home interior and renovation industry in the region. The CEO has claimed that both Livspace and ASG have invested $50 million in this joint venture which will start operating from the first half of 2022.