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Posts Tagged ‘ FabFurnish ’

Swedish investor Kinnevik to sell half its stake in Rocket Internet

Thursday, February 23, 2017 | More »

Kinnevik
Swedish investment firm Kinnevik AB is selling nearly half of its 13% stake in German Internet conglomerate and incubator Rocket Internet SE. It plans to sell nearly 10.9 million shares, representing 6.6% of Rocket Internet’s issued share capital, to institutional investors at €19.25 per share, ...

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Urban Ladder raises $15 mn from Kalaari, SAIF and others

Bangalore-based Urban Ladder Home Décor Solutions Pvt. Ltd, which runs online furniture store Urban Ladder, has raised close to Rs 102 crore (around $15 million) in a fresh round of funding from existing investors. The investors who participated in the round are Kalaari Capital, SAIF Partners, Stea...

17 February, 2017 | More »

Pepperfy3

Furniture e-tailer Pepperfry gets $31 mn from existing investors

Furniture e-tailer Pepperfry has raised Rs 210 crore ($31.3 million) from existing investors including Goldman Sachs Group Inc., as it looks to expand its network and open more offline outlets to better compete with rivals. Zodius Technology Fund, Norwest Venture Partners and Bertelsmann India Inves...

21 September, 2016 | More »

Rocket_fe

Why Rocket Internet’s India bets misfired

There is a scary similarity between Jabong and Foodpanda, although one is an online fashion store and the other a food-ordering marketplace. The two ventures were German Internet conglomerate Rocket Internet SE’s biggest bets in India and followed similar trajectories–from their launch, ...

27 July, 2016 | More »

BedBathMore22

Rocket Internet, others invest in BedBathMore.com

Home décor portal BedBathMore.com, which is operated by  Mumbai-based Home Craft Online Pvt. Ltd, said it has raised an undisclosed amount of funding from a group of investors that included Rocket Internet, as it aims to strengthen the platform and enhance the user experience, according the firm...

16 May, 2016 | More »

FabFurnish

Future Group to acquire FabFurnish.com

Future Group has agreed to acquire Rocket Internet-backed online furniture and home furnishings store FabFurnish.com in an all-cash deal that marks the Kishore Biyani-led retail conglomerate’s first acquisition in India’s growing e-commerce sector. Future Group, which runs an offline furniture s...

6 April, 2016 | More »

Oliver-Samwer,

Rocket Internet marks first close of new fund at $420M

German e-commerce incubator-cum-investor Rocket Internet has raised $420 million in the first close of its new fund, with Rocket Internet itself is contributing about $ 50 million, to invest in European internet companies, it said Tuesday in an e-mailed presentation. Shareholders in Rocket Internet,...

20 January, 2016 | More »