Atmosphere -The Store Makers Raises Rs 5 Cr Seed Funding

Atmosphere–The Store Makers, a Mumbai-based innovator in bespoke retail and workspace fit-outs, has raised Rs 5 crore in a seed funding round co-led by Artha Venture Fund and PIL Italica Lifestyle. 

This fresh infusion of capital positions Atmosphere to capitalise on India’s premiumisation wave.

With the funding, Atmosphere will expand its offerings in the premium retail, hospitality, and workplace ‘Design & Build’ segments, led by its innovative design solutions researched in its own factories. Offering unique solutions like “Store in Box” and offsite manufacturing, Atmosphere will cater to the rapid growth in retail penetration across India.  

Anirudh A Damani, Managing Partner at Artha Venture Fund, said, “The premiumization of retail in India is driven by the rise of the affluent Indian consumer, whose tastes demand exceptional experiences and environments. This shift creates significant opportunities for companies like Atmosphere to address the evolving needs of luxury retail and workspace fit-outs. Backed by the founders’ deep industry expertise, robust manufacturing capabilities, and a strong order book from prestigious clients and given that India is expected to add 5 lakh stores annually from 2022-2026, Atmosphere is strategically positioned to lead the transformation of the retail and office furniture sector. This funding marks a step forward in enabling the next growth phase in India’s evolving premiumisation story.”

Nilesh Rathod, CEO & Co-Founder at Atmosphere–The Store Makers “Atmosphere - The Store Makers offers retailers a transformative, end-to-end platform from design to deployment. We provide innovative design, seamless project management, and efficient construction, all backed by scalable furniture and fixture solutions. With top talent, advanced technology, and supply chain mastery, Atmosphere ensures faster, smarter, and more cost-effective retail expansions. This is more than a service—it’s a business advantage.”

Atmosphere has delivered spaces for leading brands, including Aisshpra Gems and Jewels, Aza, Emporio Armani, Kalki Fashions, Akoirah, Kuuraku, Kamat Hotels, Libas, Michael Kors, and Tumi, among others.

Looking ahead, Atmosphere aims to establish itself as a one-stop solution provider for premium retail and workspace transformations. By leveraging global partnerships and expanding its clientele to luxury brands with high repeat potential, Atmosphere plans to solidify its leadership in the market. The company is also launching a design lab to develop intricate design capabilities and streamline production, meeting the needs of clients who demand precision and innovation.