Furlenco starts 2021 with Rs 44 Cr Debt Infusion

Online furniture rental platform Furlenco has started 2021 exactly the way it started the 2020. It ended the 2020 with Rs 53 Cr debt funding, ending the pandemic inflicted year on a pretty optimistic note. Now barely three weeks into 2021, it has got yet another debt infusion. Logo of furniture rental startup Furlenco The Bengaluru headquartered…

ByGirish ShettiJanuary 18, 20210Comments

Reliance Acquires Furniture Marketplace Urban Ladder in Distress Sale

After months of speculation, Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries, has finally acquired Urban Ladder. Logo of online furniture marketplace Urban Ladder RRVL has acquired 96% stake in the Bengaluru based online furniture marketplace for nearly INR 182 Crore. However, this is a distress sale as INR 182 Crore, which is the…

ByGirish ShettiNovember 15, 20200Comments

Fevicol’s brand owner Pidilite leads $40 Mn Round in Pepperfy

Online furniture market place Pepperfy has got a new high profile investor in the form of Pidilite, the brand owner of popular adhesive brand Fevicol. Adhesives manufacturer Pidilite leads $40 Mn round in Pepperfy Pidilite has led a $40 Mn funding round in Pepperfy, according to Economic Times (ET). The ET report further claims that existing investors…

ByGirish ShettiFebruary 10, 20200Comments

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