Furniture startup Arrivae on Thursday stated it has raised Rs 50 crore within the first exterior funding spherical led by ace investor Rakesh Jhunjhunwala. The funding spherical additionally noticed the participation of Enam household, Siddharth Yog (Founder, Xander Group), Anand (*50*) (Chairman, Jai Corp), Harsh (*50*) (Founder, Dream 11) and Ramesh S. Damani (Chairman, DMart).
“At Arrivae, we are still in the early stages of our roadmap to become a leading, full home improvement ecosystem in India. Partnerships are core to us at Arrivae and strengthen our brand trust in the ecosystem, particularly for the consumers.
“All the veterans who’ve participated on this spherical would allow extra belief within the Arrivae model,” Arrivae Founder Yash Kela stated in a press release.