Furniture startup Arrivae said Thursday that it raised 50 rupees in its first external funding round led by ace investor Rakesh Jhunjhunwala. The funding round also included the Enam family, Siddharth Yog (Chairman of Xander Group), Anand Jain (Chairman of Jai Corp), Harsh Jain (Chairman of Dream 11), and Ramesh S. Damani (Chairman of DMart). ..
“Arrivae is in the early stages of its roadmap to become one of India’s leading complete home improvement ecosystems. Partnerships are at the core of Arrivae and strengthen the brand’s trust in the ecosystem, especially in consumers.
“All veterans who participate in this round will be able to increase their confidence in the Arrivae brand,” said Yash Kela, founder of Arrivae, in a statement.