HomeLane 
Dealstreet

JSA assists HomeLane on acquisition of DesignCafe and primary fundraise

HomeLane raised funds from existing investors of DesignCafe as well as new investors.

Bar & Bench

HomeLane has acquired a majority shareholding in DesignCafe with a commitment to acquire 100% of DesignCafe in the future.

HomeLane further raised funds in a primary fundraise from a group of investors including WestBridge and other investors of DesignCafe and new investors, Hero Enterprise and Claypond Capital Partners.

JSA represented and assisted HomeLane on this composite transaction involving the acquisition and the fundraise.

The transaction team consisted of Vivek K Chandy (Joint Managing Partner), Saurya Bhattacharya (Partner), Nikhil P Joseph (Partner), Alby Joseph (Senior Associate), Shika Suresh (Senior Associate), Rishi Sandill (Associate), Maria Joven Vellara (Associate), Megha Kumari (Associate), Deviah Chinnappa (Associate) and Swati Hegde (Company Secretary).

Vivek K Chandy, Saurya Bhattacharya

HomeLane and DesignCafe are prominent players in the fast-growing organized home interiors segment in India.

The deal signals consolidation in the highly competitive home interiors segment in India, with the HomeLane – DesignCafe combine being valued at about ₹3000 crore.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

Karnataka withdraws compulsory arbitration clause from State tenders, contracts

Bombay High Court acquits Assistant Public Prosecutor, law clerk in 22-year-old bribery case

Committee being set up to examine Deepfake issue: Centre tells Delhi High Court

Amend Constitution to do away with reference to district courts as subordinate judiciary: Justice AS Oka

Principle of estoppel does not apply when error by court needs to be corrected: Kerala High Court

SCROLL FOR NEXT