Furnishka raised INR 27 crore in a pre-Series A funding round led by IndiaQuotient to enhance product development and expand geographically with six new stores.
Amount Raised
₹270 Million
Round Type
Pre-Series A
BengaluruRetailHome And GardenFurnitureInvestors
Description
Bengaluru-based furniture retailer Furnishka has raised INR 27 crore in a pre-Series A round led by IndiaQuotient, bringing the company's total funding to INR 45 crore. The funds will be used to enhance product development, strengthen manufacturing, and expand geographically with six new stores.
Quick answer
Furnishka raised ₹270 Million in a Pre-Series A round, dated October 3, 2024. Investors: Sparrow Capital, Sujeet Kumar, Ramakant Sharma, IndiaQuotient and Beenext. Furnishka is based in Bengaluru, Karnataka, India.
- How much did Furnishka raise?
- Furnishka raised ₹270 Million in a Pre-Series A round on October 3, 2024.
- Who invested in Furnishka?
- Sparrow Capital, Sujeet Kumar, Ramakant Sharma, IndiaQuotient and Beenext are named as investors in this round.
- What does Furnishka do?
- Furnishka, founded in 2023 by Ganesh Pawar, is a Bengaluru-based furniture retailer that specializes in providing high-quality furniture at affordable prices.
- Where is Furnishka based and how big is it?
- Furnishka is based in Bengaluru, Karnataka, India. Fundz records about 73 employees.
- Who are the decision-makers at Furnishka?
- Fundz holds 2 contacts at Furnishka. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Retail and Home And Garden around the same time
Companies in the same sectors as Furnishka that raised within 45 days of this round, from Fundz verified event records.
- Movêu raised $550K (Seed) on September 28, 2024.
- Ugaoo raised $5.6M (Series A) on November 12, 2024.
- Collektr raised $1.3M (Pre-Series A) on November 14, 2024.
- Efreshli raised an undisclosed amount (Seed) on November 13, 2024.
- High Tide raised $3.2M (Seed) on November 12, 2024.
- Auror raised $49M (Series C) on November 11, 2024.
Who to call at Furnishka, and when
A new round usually means Furnishka is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Furnishka raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Furnishka, from your own LinkedIn network
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Related People
Furnishka raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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