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Livspace closes Series D round at USD 90 million

Mumbai: Home Decor startup Livspace has closed its Series D round at $90 million led by Switzerland based investment firm Kharis Capital and Venturi Partners, an investment platform targeting growth investments in the consumer space in India and Southeast Asia.

New investors FFP, Peugeot Group’s holding company, EDBI, and existing investors Ingka Investments, TPG Growth, Goldman Sachs, UC-RNT and Bessemer Ventures participated in the round

Livspace shared in its official statement that the latest capital infusion will be utilised for further development of the technology platform, fund new market expansion, creation of new market offerings, expansion of supply chain, and private labels in Asia Pacific (APAC).

 

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