Business

Furniture Startup Raises Rs 50 Crore In Funding Round Led By Rakesh Jhunjhunwala

Ace investor Rakesh Jhunjhunwala

Furnishings startup Arrivae on Thursday stated it has raised Rs 50 crore within the first exterior funding spherical led by ace investor Rakesh Jhunjhunwala. The funding spherical additionally noticed the participation of Enam household, Siddharth Yog (Founder, Xander Group), Anand Jain (Chairman, Jai Corp), Harsh Jain (Founder, Dream 11) and Ramesh S. Damani (Chairman, DMart).

“At Arrivae, we’re nonetheless within the early levels of our roadmap to change into a number one, full dwelling enchancment ecosystem in India. Partnerships are core to us at Arrivae and strengthen our model belief within the ecosystem, significantly for the shoppers.

“All of the veterans who’ve participated on this spherical would allow extra belief within the Arrivae model,” Arrivae Founder Yash Kela stated in an announcement.


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