Private Equity

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French MNC Saint-Gobain acquires minority stake In Livspace

Inc42  

French multinational Saint-Gobain has acquired a minority stake in interior design startup Livspace to complement the group's range of construction solutions for the residential market in India. Founded in 2014 by Anuj Srivastava and Ramakant Sharma, Livspace is a curated marketplace that provides an end-to-end home design experience for homeowners. The startup's online marketplace also offers software tools that can help designers and homeowners design interiors. It is present across nine metro cities and claims to have helped design over 20,000 homes.

From the Venture Intelligence PE-VC Deal Database: Between Dec-2014 and Sep-2020, LivSpace has raised over USD 250 M from Pidilite Group, EDB Investments, UC-RNT Fund, TPG Growth, Bessemer, Goldman Sachs, Jungle Ventures. It has also raised Venture Debt from Trifecta Capital.