Furnishings startup Arrivae on Thursday mentioned 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).
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“At Arrivae, we’re nonetheless within the early phases of our roadmap to turn out to be 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 customers.
“All of the veterans who’ve participated on this spherical would allow extra belief within the Arrivae model,” Arrivae Founder Yash Kela mentioned in an announcement.