Wooden Street, a leading furniture and home décor brand, has successfully secured USD 43 million in a Series C funding round led by global investment firm Premji Invest. This transaction stands as one of the largest capital raises in the home and furniture sector in recent years.1
Our firm advised Premji Invest in this transaction.
Deal value: USD 43 million (approx.)
INDUSLAW Team:
Transactions: Rashi Saraf (Partner), Rohit Jain (Principal Associate) and Martin Mathews (Associate).
Due-Diligence: Rashi Saraf (Partner), Ruhi Jain (Executive Director), Rohit Jain (Principal Associate), Akshay Madhvani (Assistant Manager), Martin Mathews (Associate), Disha Chauhan (Associate), Saket Mishra (Associate), Ayush Mehta (Associate), Anushka Singh (Associate) and Sri Anjana S (Executive).
Competition Law: Unnati Agrawal (Partner), Swapnil S (Associate)
Other law firms and advisors involved:
- Samvad Partners - One of the Sellers
- TT&A - Existing investors
Footnotes
1. https://retail.economictimes.indiatimes.com/news/home-and-decor/furniture-and-decor/wooden-street-raises-rs-354-crore-in-series-cround-from-premji-invest/116070642
2. https://www.vccircle.com/premjiinvestbets-43-mn-on-furniture-platform-woodenstreet?amp=1
3. https://www.newindianexpress.com/business/2024/Dec/07/wooden-street-secures-34-million-euros-in-series-c-funding-from-premjiinvest