Home design and renovation platform Livspace has raised $90 million, led by Switzerland-based investment management firm Kharis Capital and Nicholas Cator’s Venturi Partners, along with Peugeot Group’s holding company FFP, Pidilite Group, and Singapore-based EDBI. These investments are a sign that investors are increasingly betting on specialized vertical marketplaces for large outcomes, at a time when the market for a horizontal e-commerce has been capped by Flipkart and Amazon.
Livspace raises $90 million led by Kharis Capital and Venturi Partners
Date posted: Friday 4 September 2020