VC Fund Investments
Furniture maker Arrivae raises Rs.75-Cr from Think Investments, Havells Group, others
Mumbai-based Arrivae, a made-to-order furniture manufacturer and home improvement company, has raised INR 75 crore in its Series B funding round from Think Investments and Havells Group. Emerge Capital and current investors also participated in this round. The capital raised would be used for expanding its product roadmap, design process, digitally integrated supply chain, onsite renovation platform and for creating more private labels. Arrivae was founded in 2017 to make home design accessible and affordable. Present in 19 cities and 35 stores, the platform claims to have built over 12,000 spaces with the help of more than 275 designers.
From the Venture Intelligence PE-VC Deal Database: Between Feb-20 and Dec-21, Arrivae had raised over $20 M from Havells Family Office, Volrado Ventures, Rare Enterprises, Yuj Ventures as well as angel investors Anand Jain and Ramesh Damani.
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