Home furnishings marketplace Vaaree raises $4-M from Peak XV Surge, others

Vaaree, a Bengaluru-based home furnishings, decor, and accessories marketplace, has raised USD 4 million in seed funding round led by Surge, Peak XV's scale-up program, with participation from PeerCapital, All In Capital, and Better Capital. The funds raised will be used to accelerate hiring and enhance the user experience. Vaaree was founded in February 2022 by Garima Luthra, Pranav Arora, and Varun Vohra. Vaaree's offering has grown to over 20,000 products, and it has delivered more than 150,000 products to homes across India.