PE Fund Investments
Interior design services firm Livspace raises $180-M from KKR, others
Bengaluru-based Livspace has raised USD 180 million in a funding round led by KKR at a Unicorn valuation of more than USD 1 Billion as the online home interiors marketplace prepares to hunt for acquisitions in the Asia-Pacific region. The Series F round also drew in existing investors including Ikea-parent Ingka Group Investments, Jungle Ventures, Venturi Partners and Peugeot Investments. The company, which helps consumers furnish homes, plans to use the fresh capital to invest in its core markets of India and Singapore and enter new regions. They include Southeast Asia, Saudi Arabia, the UAE and Australia. Livspace will also seek acquisition opportunities.
From the Venture Intelligence PE-VC Deal Database: Between Dec-14 and Oct-20, LivSpace raised $254-M from Trifecta Capital, Pidilite Group, EDB Investments, UC-RNT Fund, TPG Growth, Bessemer, Goldman Sachs, Jungle Ventures, Helion Ventures, and others.
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