Indian home interior firm Homelane to buy Design Cafe, raises $27m

Indian home interior firm Homelane to buy Design Cafe, raises $27m

Founders of DesignCafe and HomeLane - R to L Gita Ramanan (DesignCafe), Shezaan Bhojani (DesignCafe) and Srikanth Iyer (HomeLane) and Tanuj Choudhry (HomeLane)

Home interior startup Homelane on Wednesday said it has agreed to buy smaller rival DesignCafe in a deal that will value the combined entity worth Rs 3,000 crore ($358 million).

Edited by: Joymitra Rai