A91 Partners Invests INR 300 Cr In Modular Furniture Maker Spacewood

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SUMMARY

Spacewood Furnishers has raised INR 300 Cr (about $33.8 Mn) from A91 Partners, valuing the company at around INR 1,200 Cr (about $135.3 Mn)

The investment gives A91 Partners a significant minority stake and will help Spacewood expand its retail presence, upgrade technology, and strengthen operations

Spacewood claims to operate one of India’s largest integrated furniture factories. The company runs 35+ stores across 20+ cities and has a dealer network of 500+ partners in 150…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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A91 Partners Invests INR 300 Cr In Modular Furniture Maker Spacewood


SUMMARY

Spacewood Furnishers has raised INR 300 Cr (about $33.8 Mn) from A91 Partners, valuing the company at around INR 1,200 Cr (about $135.3 Mn)

The investment gives A91 Partners a significant minority stake and will help Spacewood expand its retail presence, upgrade technology, and strengthen operations

Spacewood claims to operate one of India’s largest integrated furniture factories. The company runs 35+ stores across 20+ cities and has a dealer network of 500+ partners in 150…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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