Livspace, an omni-channel home interior and renovation platform, and KKR, a global investment firm, announced a US$180 million Series F fundraising in which KKR will participate as the lead investor. The Series F round also witnessed participation from existing investors such as Ingka Group Investments (part of largest IKEA retailer Ingka Group), Jungle Ventures, Venturi Partners, and Peugeot Investments, among others. Anuj…
Livspace, a home interior, and renovation platform, has elevated Rohit Modi as Group Chief Technology Officer. Praveen Kumar, VP and Engineer at Livspace has been appointed as Chief Technology Officer (CTO). Abhishek Kasina, who has been leading product initiatives, has been promoted to Chief Product Officer. The technology team added valuable contributions while realigning capabilities to further…
Brand for complete home interior design – Livspace has named Saurabh Agrawal as Chief Financial Officer. Prior to his appointment at Livspace, Saurabh was one of the founder of an e-health platform Medlife.com. The platform was recently merged with health-tech startup Pharmeasy. Speaking on his appointment, he said – “With a large number of people…
Livspace, an interior design startup that connects people to designers, services and products, announced that it has raised $90 million in funding led by Kharis Capital and Venturi Partners, according to the ETtech report. Peugeot Group’s holding company FFP, Pidilite Group, and Singapore-based EDBI also participated in the funding round, along with existing investors Ingka…
IKEA-backed home design and decor startup Livspace has recently laid off 15% of its workforce as coronavirus turmoil impacts the company’s business. The company has also cut its expense by 25-30% in order to save itself from further losses. The recent development comes just a month after the company said that it had not resorted…
Livspace, a Home design and renovation platform, announced that the company has raised about $60 million. The company gets investments from Hong Kong-based Tahoe Investment Group, and Singapore-domiciled Mercer Investments and EDB Investment, along with Kharis Capital, a European investment management firm and Venturi Partners’ managing director Nicholas Cator, as per their regulatory filings sourced…