Sparrow Capital

The funding round was led by Peak XV Partners, with continued backing from existing investors including Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital.

With the raised funds, platform aims to enhance and accelerate its product, including expanding customisation capabilities, deepening integrations, scaling partnerships, and growing the engineering and customer success teams.

Furnishka will use the funds to enhance product development, strengthen manufacturing, and expand geographically with six new stores. The company will also grow its furniture collections and create educational content for customers.

The Series A funding round was led by India Quotient, with participation from JSW Ventures and existing investors Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, and 9Unicorns.