India, July 10 -- Former Livspace cofounder and India CEO Saurabh Jain has teamed up with former Livspace CBO Lalit Mittal to launch a new venture, Gravity, sources told Inc42.

The startup, which is expected to come out of stealth mode in four to five months, aims to solve material procurement and supply chain challenges faced by the broader interior design industry, enabling independent designers, design studios and interior platforms, the sources said.

It is building a house of brands for premium homes and aims to position itself as a full-stack platform for home interior materials. The startup does not intend to operate as a marketplace or a supplier, they added.

Gravity has also held early talks with investors like 3one4 Capital an...