Mumbai-based Atmosphere – The Store Makers, a pioneer in customized retail and workspace fit-outs, has successfully raised ₹5 crore in a seed funding round.
This milestone was co-led by Artha Venture Fund and PIL Italica Lifestyle Limited, providing Atmosphere with the capital needed to reshape the future of premium retail and workspaces in India.
Atmosphere is strategically positioned to leverage the growing demand for luxury retail and workspace transformations, a trend fueled by India’s rising affluent consumer base. This funding will enable the company to broaden its presence in the high-end retail, hospitality, and office design sectors. By integrating advanced manufacturing techniques and innovative concepts like “Store in Box” and offsite production, Atmosphere aims to revolutionize the way spaces are designed and built across the country.
With its cutting-edge 60,000 sq. ft. manufacturing facility and in-house design expertise, Atmosphere promises precision and innovation tailored to the unique ethos of every brand. The company has already delivered over 500,000 sq. ft. of premium retail projects and is poised to scale its operations to match India’s anticipated addition of five lakh stores annually between 2022 and 2026.
Anirudh A. Damani, Managing Partner at Artha Venture Fund, emphasized the growing opportunities in India’s luxury retail landscape. “The upward shift in consumer preferences has created a demand for exceptional environments. Atmosphere is well-equipped to address this need with its industry expertise, strong manufacturing capabilities, and an impressive portfolio of high-end clients. This funding will empower Atmosphere to lead the next phase of premiumization in India’s retail and workspace sectors.”
Atmosphere’s approach goes beyond conventional design and build services. The company offers a fully integrated platform that combines innovative design, streamlined project management, and efficient construction practices. This holistic approach ensures that clients benefit from faster and more cost-effective retail expansions.
CEO and Co-Founder Nilesh Rathod highlighted the company’s unique value proposition: “Atmosphere delivers more than just spaces; we provide businesses with a competitive edge. From intricate design solutions to scalable furniture and fixtures, our platform is built to support brands through every stage of their growth.”
With an impressive roster of clients, including Emporio Armani, Michael Kors, Libas, Aisshpra Gems and Jewels, and Kalki Fashions, Atmosphere has already established itself as a trusted partner for premium brands. The company’s ability to blend craftsmanship with technological precision has made it a leader in bespoke fit-outs for luxury retail and workspaces.
Looking ahead, Atmosphere plans to expand its portfolio through global partnerships and a focus on clients with high repeat potential. The launch of a dedicated design lab further underscores its commitment to innovation and precision, ensuring that even the most intricate client needs are met with unparalleled expertise.
Atmosphere – The Store Makers is not just redefining retail and workspace design; it’s setting a new standard for how premium spaces are conceptualized and delivered. By combining advanced technology, a skilled team, and a customer-centric approach, the company is poised to lead India’s transition into a new era of premiumization.
This funding marks a significant step forward in Atmosphere’s journey, solidifying its position as a one-stop solution for transforming luxury spaces while offering brands a seamless path to growth and innovation