Wednesday, November 6

Tag: DesignCafe

Top Five Funding of the Week (24th Dec – 29th Dec)
FUNDING

Top Five Funding of the Week (24th Dec – 29th Dec)

Without funding, an entrepreneur cannot think of taking forward or flourishing his business, and thus, funding activity is a major part of any business. With this step, the business grows and flourishes to a great extent. This week was quite eventful in terms of funding activities and let us have a look on the top five funding activities of the week. DesignCafe Online interior design platform DesignCafe has raised funds amounting to Rs 200-crore equity-financing round. This round was led by home-grown private equity firm WestBridge Capital. The transaction marks a rare venture capital-style investment by WestBridge which has so far largely preferred to place public market-focused bets. Funds from the investment will be used by DesignCa...
DesignCafe Secures Rs 200 crore from WestBridge Capital
FUNDING

DesignCafe Secures Rs 200 crore from WestBridge Capital

Online interior design platform DesignCafe has raised funds amounting to Rs 200-crore equity-financing round. This round was led by home-grown private equity firm WestBridge Capital. The transaction marks a rare venture capital-style investment by WestBridge which has so far largely preferred to place public market-focused bets. Funds from the investment will be used by DesignCafe to expand its footprints in the country. The financing round also saw participation from existing investor Fireside Ventures, the early-stage, consumer-focused venture set up by former Helion Venture Advisors Partners’ managing director Kanwaljit Singh. Boutique investment bank Sprout Capital acted as the exclusive advisor to the deal.  “We are very pleased to have WestBridge, o...