Arrivae generated extra Rs 50 crore in Series-B funding

16 Dec 2021 CW Team

Arrivae, a home interior solution company, raised Rs 50 crore extra in the Series-B funding round, led by Havells Group. Emerge Capital also participated in the funding along with the existing investors.

The company has raised Rs 50 crore from Rakesh Jhunjhunwala, with Enam family, Founder of Xander Group, Siddhart Yog, Chairman of Jai Corporation, Anand Jain, Founder of Dream11, Harsh Jain and Chairman of DMart, Ramesh S Damani.

The company has planned to use the funds for its Made By You design process, digitally integrated supply chain, intelligent 4.0 manufacturing, onsite renovation and creating private labels.

With the company's remarkable project delivery and building scale in 19 cities through 35 stores, it has successfully created more than 12,000 spaces with the help of 275 designers.

The Chairman of Havells Group, Anil Rai Gupta, said that the four lakh crore global home improvement witnesses a value shift from unorganised to organised. There is a good opportunity with its unique challenges.

He said that Arrivae stands out in both the cases on how they have built an integrated supply chain while solving the problem of design variety for the customers and the capital efficiency of the model.

The founder of Arrivae, Yash Kela, said that the partnerships are important for the company and strengthen the brand trust, mainly for the consumers. The company shows delight in having QRG Holdings and Havells Group be a part of the company's project.

Image Source

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..