BFM 89.9
The Business Station
HOMA: Surplus Supplies = Greener & Cheaper Renovations
42 mins
·
10:00, 20 Jan 2025
·
Recommended
Guest: Pennie Lim, Co-Founder and CEO, HOMA, James Yeoh, Co-Founder and Chief Strategy Officer, HOMA
How can home renovation become both more affordable and more environmentally friendly? In this episode of Open For Business, we spotlight a Malaysian startup that’s transforming surplus and overstocked building materials into savings for homeowners while cutting down on construction waste.
Founded in 2017, HOMA is now an 8-figure revenue business that runs an online marketplace that reintroduces “new but unsold” supplies back into the renovation ecosystem, helping customers save money and reducing unnecessary landfill waste. We delve into its founding story, uncover how the platform serves both suppliers and end users, and examine the importance of sustainability in its business model.
We also explore the venture’s growth trajectory, including a successful Pre-Series A fundraise of US$1.5 million that’s powering expansions beyond Malaysia. Plus, discover why the team wants to tap into an M&A first and an IPO later to grow the business in the longer term.
Presenter: Roshan Kanesan
Producer: Kishan Sivaswamy
surplus building materials
sustainable construction
eco-friendly business
proptech
online marketplace
malaysian startup
home renovation
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HOMA: Surplus Supplies = Greener & Cheaper Renovations
42 mins
·
10:00, 20 Jan 2025
Guest: Pennie Lim, Co-Founder and CEO, HOMA, James Yeoh, Co-Founder and Chief Strategy Officer, HOMA
How can home renovation become both more affordable and more environmentally friendly? In this episode of Open For Business, we spotlight a Malaysian startup that’s transforming surplus and overstocked building materials into savings for homeowners while cutting down on construction waste.
Founded in 2017, HOMA is now an 8-figure revenue business that runs an online marketplace that reintroduces “new but unsold” supplies back into the renovation ecosystem, helping customers save money and reducing unnecessary landfill waste. We delve into its founding story, uncover how the platform serves both suppliers and end users, and examine the importance of sustainability in its business model.
We also explore the venture’s growth trajectory, including a successful Pre-Series A fundraise of US$1.5 million that’s powering expansions beyond Malaysia. Plus, discover why the team wants to tap into an M&A first and an IPO later to grow the business in the longer term.
Presenter: Roshan Kanesan
Producer: Kishan Sivaswamy
surplus building materials
sustainable construction
eco-friendly business
proptech
online marketplace
malaysian startup
home renovation
Share:
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Recent episodes
0
Latest Stories
Podcasts · Jan 20 · 35 mins
Can We Eliminate #3: The Flu?
Podcasts · Jan 20 · 34 mins
Fighting Food Waste with Kechara Soup Kitchen
Podcasts · Jan 20 · 40 mins
Trump 2.0: Tariffs, Immigration & the Musk-Rogan Effect