Home Furnishing & Decor startup Vaaree has secured Rs 20.78 crore ($2.5 million) in a pre-Series A funding round. Capier Investments spearheaded the round with a contribution of Rs 12.47 crore, while Peak XV’s Surge Ventures also participated, investing Rs 8.31 crore.
After the latest funding round, Vaaree’s valuation stands at approximately Rs 180 crore ($21.6 million), according to TheKredible. This round increases Vaaree’s total funding to nearly $7 million. The funding includes a $4 million seed round secured in September of the previous year, led by Peak XV’s Surge Ventures, with contributions from Vistra, Better Capital, Capier Investments, and All in Capital.