Home Solutions Retail India Ltd
Home Solutions Retail India Ltd (HSRIL) is a subsidiary of Pantaloon Retail (India) Limited, flagship company of the Future Group promoted by Mr. Kishore Biyani. Home Solutions focuses on three verticals namely Consumer Electronics, Furniture & furnishings and Home Improvement. By building the business as a separate legal entity, the strategy is to create focus and build relevant competencies. Home is one of the largest categories of specialty retail worldwide.

The market for home décor and improvement in India is largely unorganized. HomeSolutions has a comprehensive approach to home needs with a blend of Suitable formats to cater to varied target segments in both large and smaller cities. HomeSolutions has envisaged five different formats in both the value and lifestyle segments covering products ranging from music systems, laptops, plasma television, DVD players, washing machines, air-conditioners, sofas, wall units, modular kitchens and home accents etc and services including home loan products, home services such as architects, interior designers, contractors for plumbing and masonry amongst others.

The company operates through its different format stores namely Hometown, E-Zone, Collection-I, Furniture Bazaar and Electronic Bazaar both as standalone stores and as cut-ins in other Future Group outlets. Having started its operations in 2006, Homesolutions plans to achieve a national scale and presence and be the leading national player in the home needs segment.


Home Solutions Retail Ltd.

  Year
    Oct 2006
  Investment
    Growth
  Fund
     IAF Series 2
  Status
    Unrealized
  Website
     www.pantaloon.com/html/home-electronics.htm
© 2006 ICICI Venture. All rights reserved.