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Exclusive: Livspace Parent Infuses INR 362 Cr Into Indian Arm
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Exclusive: Livspace Parent Infuses INR 362 Cr Into Indian Arm
Home decor startup Livspace has bagged INR 362 Cr (around $42 Mn) from its Singapore-based parent Livspace Pte Ltd as it seeks to shift its domicile back to India, sources close to the matter told Inc42. As per the company’s MCA filings accessed by Inc42, Livspace Pte Ltd’s board issued 1.57 Cr equity shares on a rights issue basis to infuse the capital into its Indian subsidiary. Notably, this follows Inc42’s earlier report that Livspace’s hold…
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