HomeFundingHomeLane buys DesignCafe, raises Rs 225 crore from Hero Enterprise, Ranjan Pai

HomeLane buys DesignCafe, raises Rs 225 crore from Hero Enterprise, Ranjan Pai

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Both HomeLane and DesignCafe will continue operating as independent brands, each targeting distinct market segments, Iyer said. The merged entity now operates 82 stores nationwide and has around 2,750 employees. The consolidation between these two firms comes amid slowing business volumes in the home services sector and a funding freeze.

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