PE-VC Fund Investments
Furniture retailer Furnishka attracts Rs.27-Cr more from Beenext, others
Bengaluru-based furniture seller Furnishka has raised INR 26.8 Cr in an extended pre-Series A round. Investors in the round include Beenext Asia, PhysicsWallah founders Alakh Pandey and Prateek Boob, Udaan co-founder Sujeet Kumar, Bhaarath Sang, Onyx InVen, Amit Jain, Shantanu Jain, Manish Dugar, Mohit Gupta, and Jnabiz Consulting.Founded in 2023 by Ganesh Pawar, the company operates an omnichannel furniture retail business that integrates online sales with large-format offline stores. The firm provides furniture across living room, dining room, and bedroom categories.
Between Aug 2023 and Sep 2024, Furnishka had attracted about $ 5 M from Beenext, LogX Ventures, Sparrow Capital, Z21 Ventures, India Quotient, Others.For FY25, Furnishka had reported about INR 19 Cr in Operating Income and about INR 11 Cr in Net loss.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
