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Relso raises $840K in a pre-seed round led by Venture Catalysts and IPV

Mar 19, 2024•almost 2 years ago

Amount Raised

$840,000

Round Type

seed

BengaluruFurniture

Investors

Saurabh JainShantanu DeshpandeRamakant SharmaInflection Point VenturesVenture Catalysts

Description

Bengaluru-based Relso has raised $840,000 in a pre-seed round co-led by Venture Catalysts and Inflection Point Ventures. The round also included investors such as Ramakant Sharma (Livspace founder and Global COO), Shantanu Deshpande (Bombay Shaving Co-founder), and Saurabh Jain (Livspace India CEO). The fresh capital will be used for expansion, talent acquisition, team and more, the company said in a press release.

Company Information

Company

Relso

Location

Bengaluru, Karnataka, India

About

At Relso, we are building India's largest cloud factory for furniture with the vision of 'Make in India and sell globally' to furniture brands & retailers. We work from 'design to delivery' with our clients to deliver the latest designs at the best pricing.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech