HomeLane buys DesignCafe, bags Rs 225 cr in funding
- HomeLane has acquired DesignCafe in a share swap deal, marking a major consolidation in India's tech landscape. - The combined entity is valued at approximately $400 million and is raising Rs 225 crore from existing and new investors. - HomeLane, Doowup, and DesignCafe will continue to operate as separate brands, each targeting different market segments. - The combined entity is expected to achieve a revenue of Rs 1,000 crore this fiscal year, up 33% from FY24. - HomeLane plans to file for an IPO in 1-1.5 years, aiming for sustained profitable growth. Source: [The Arc]()
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by Kendall Lee
Zepto
Love Subko and great to see them raise $10Mn! But what's with so many investments in this space?
Following the funding, Subko's valuation has increased to $34 million. The startup said the newly raised capital will be utilised to strengt...
https://economictimes.indiatimes.com/tech/funding/specialty-coffee-startup-subko-secures-10-million-in-funding-led-by-zerodhas-nikhil-kamath/articleshow/108783425.cms