Furnishka raises $2.8M seed extension backed by PhysicsWallah, Udaan founders
What's the deal? Furnishka, a Bengaluru-based furniture retailer, has raised US$3.64M in a seed extension round, according to regulatory filings. Backers include PhysicsWallah founders Alakh PandeyDealroom has a profile for this one. Try Dealroom → and Prateek Boob and Udaan co-founder Sujeet KumarDealroom has a profile for this one. Try Dealroom →.
Who put in what? Bhaarath Sang led the round with US$1.4M, followed by BeeNext AsiaDealroom has a profile for this one. Try Dealroom → at US$454.9K. Onyx InVen and Amit Jain each contributed US$321.9K, while Pandey and Boob each invested US$154.8K and Kumar about US$135.8K.
What's the endgame? Founded in 2023 by Ganesh Pawar, Furnishka sells living room, dining, and bedroom furniture through both online channels and offline stores, with a focus on customisation and supply chain management. The round values the company at roughly US$31.2M post-money.
By the numbers. The deal takes Furnishka's total raised to US$9.51M. It previously raised US$3.67M in a pre-Series A round led by IndiaQuotient in October 2024, with Kumar among the angel backers then too.
The signal: At roughly $2.8 million, the round sits in the top 10% of seed deals for India's home living sector by size, a sign of continued investor appetite for startups blending online and offline furniture retail.
Read more: startupsuperb.com
Image credit: HALDANE MARTIN
