INSUBCONTINENT EXCLUSIVE:
Ace investor Rakesh JhunjhunwalaFurniture startup Arrivae on Thursday said it has raised Rs 50 crore in the first external funding round led
by ace investor Rakesh Jhunjhunwala
The funding round also saw the participation of Enam family, Siddharth Yog (Founder, Xander Group), Anand Jain (Chairman, Jai Corp), Harsh
Jain (Founder, Dream 11) and Ramesh S
Damani (Chairman, DMart)."At Arrivae, we are still in the early stages of our roadmap to become a leading, full home improvement ecosystem
Partnerships are core to us at Arrivae and strengthen our brand trust in the ecosystem, particularly for the consumers."All the veterans who
have participated in this round would enable more trust in the Arrivae brand," Arrivae Founder Yash Kela said in a statement.