VC Fund Investments
Custom-furniture maker Arrivae raises Rs.50-Cr led by Rakesh Jhunjhunwala
Bangalore-based made-to-order furniture manufacturer and home improvement company Arrivae has raised INR 50 crore in the first external funding round led by well known public market investor Rakesh Jhunjhunwala (who invests in private companies via his unit, Rare Enterprises). The funding round also witnessed the participation of Enam Group promoters family, Siddharth Yog (Founder, Xander Group), Anand Jain (Chairman, Jai Corp), Harsh Jain (Founder, Dream 11) and Ramesh S. Damani (Chairman, DMart). Arrivae offers a 'Made by You' experience by providing end-to-end custom interior design solutions from demand mapping to installation supported by in-house technology.
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