HomeFunding AlertDesignCafe Raises $4.8 Mn in follow-on Series B round

DesignCafe Raises $4.8 Mn in follow-on Series B round

Bengaluru-based DesignCafé has raised $4.8 million (Rs 40 crore) in a follow-on Series B round led by existing investor WestBridge Capital along with Mirabilis Investment Trust and venture debt fund Alteria Capital.

Existing investors Fireside Ventures and Sixth Sense Ventures also took part in the round. With this, the business has now raised a total of $29.8 million.

In 2021, the company raised $25 million in its Series B funding round led by WestBridge. The Bengaluru-based company will utilise funds raised to expand the geographical footprint of both its brands- DesignCafe and Qarpentri, across the country.

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Founded in 2015 by Shezan Bhojani and Gita Ramanan, Design Café offers an online customised design and decor service to consumers. The startup is operational in 10 cities and has a factory in Bengaluru.

Qarpentri offers its home interior products and the brand currently operates 10 stores in Bangalore, and one each in Hyderabad and Pune, and will soon expand to Chennai, and Mumbai, with additional availability at all of 15 experience centres, including those in Mysore and Coimbatore.  Its pilot phase claims to have already delivered serviced to more than 200 homeowners.

Ankush Kumar
Ankush Kumarhttps://www.marketmoney.in
Ankush Kumar is the Founder of Market Money. He is an expert in Banking and Finance. He has appeared in B.Com (Banking & Finance) From Govt. College in Lucknow.

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