A Bengaluru-settled online home décor company Livspace has raised $60 million in its latest round funding from Hong Kong-based Tahoe Investment Group, EDB Investment, and others.
Quoting to the filing, the sources said that “The new round funding which led by Tahoe Investment Group, Singapore domiciled Mercer Investments, and EDB Investment has also saw the participation of Kharis Capital, and Nicholas Cator, MD of Venturi Partners.”
“The latest investment round has come through multiple allotments and is expected to close by next month which could go up to $90-$100 million,” sources said.
Founded by Anuj Srivastava, and Ramakant Sharma, Livspace allow customers to discover thousands of interior designs by color, material, and style. By using data science technology, and catalogs to create looks that help homeowners visualize their homes before making an online purchase.
Till to date, Livspace has raised $150 million from investors like Bessemer Venture Partners, Jungle Ventures, Helion Venture Partners, TPG Growth, including the new investors.