Gold
India's Livspace turns unicorn with $180 mn funding led by KKR
Saint-Gobain bags minority stake in home interior firm Livspace
French multinational company Saint-Gobain has acquired a minority stake in Livspace, a home interiors company.
B Santhanam, CEO of Asia-Pacific of Saint-Gobain told the media that This partnership benefits both companies by allowing them to scale up faster and reach a wider audience. Livspace provides a complementary route to market by promoting Saint-Gobain-branded solutions. In terms of customer behaviour, technology platform, services, and supply chain, we will derive significant synergies and learnings. Livspace, which was founded in 2015, serves approximately 20..
Livspace to invest $25 mn in joint venture with Alsulaiman Group
Home interior platform Livspace is growing to the Middle East, rising with Saudi Arabia, where it has created a joint venture with the Alsulaiman Group (ASG), a senior firm executive told the media.
Livspace co-founder Ramakant Sharma told the media that the firm will fund $25 million (Rs 187.5 crore) in the joint venture with ASG, the operating partner of Swedish furniture retailer Ikea in the area. ASG receives customer insights and supply-chain solutions to the JV while they bring their product and implementation capabilities. It is anticipating healthy revenue from the home inte..
DLF Launches Luxury Project in Gurugram
DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.
The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..
Opinion Poll
Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?
Latest updates
