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

Acquisitions

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

Funding News

Zivame likely to raise fresh debt funding from Trifecta capital; Amir Khan also invests in Zivame

Lingerie startup Zivame is likely to raise fresh debt funding from Trifecta capital and this is probably going to be followed by more capital infusion from investors, according to the regulatory filings accessed by Techpluto. The company recently filed altered articles of Association with ROC wherein it has mentioned that it has granted pre-emptive right…

ByGirish ShettiSeptember 26, 20200Comments

Funding News

Lingerie Startup Zivame is on Prowl to Raise Fresh Capital

After raising $2.7 Mn barely a week ago, online lingerie retailer Zivame is on a look out for more capital infusion as it plans for an aggressive expansion. According to Economic Times (ET), the Bengaluru based lingerie startup is in talks to raise $50 Mn at a market valuation of nearly $200 Mn. Image Sources: Zivame's…

ByGirish ShettiSeptember 26, 20190Comments

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