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Livspace valuation to be cut to $700mn after $25mn funding: Report
short by Ashley Paul / on Monday, 8 April, 2024
Home and interior platform Livspace is in talks to raise $20-25 million from KKR in an internal round at a lower valuation of $700 million, Moneycontrol reported. Livspace was last valued at $1.2 billion when it raised $180 million in February 2022. Livspace is burning around $4 million/month so it'll likely use the funds to extend its cash runway.
read more at Moneycontrol