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

Delhi High Court asks CCI, Swiggy to respond to NRAI plea against removal from confidentiality ring

"Luxury litigation": Supreme Court closes plea against Section 15 of Hindu Succession Act

Supreme Court slams UP for illegal demolition of house, orders ₹25 lakh compensation

Calcutta High Court seeks report from police on alleged communal violence during Durga Puja

Section 197 CrPC sanction required to prosecute public servant under PMLA: Supreme Court

SCROLL FOR NEXT