Homevista Decor & Furnishing Private Limited announced that it has received INR 2.135 billion in funding from Evolvence Capital, Pidilite Industries Limited, FJ Labs, Accel Partners, JSW Steel Ltd., Investment Arm, Sequoia Capital India Advisors Private Limited
December 22, 2019
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Homevista Decor & Furnishing Private Limited announced that it has received INR 213,500,000 in its series D round of funding co-led by new investors The Evolvence India Fund, a fund managed by Evolvence Capital, Pidilite Industries Limited (BSE:500331), and FJ Labs on December 23, 2019. The transaction also included participation from existing investors Accel Partners, JSW Ventures, a fund managed by JSW Steel Ltd., Investment Arm, and Sequoia Capital India Advisors Private Limited. The company has issued common shares in the transaction.
Pidilite Industries Limited is an India-based manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products, and polymer emulsions. The Company, together with its subsidiaries, is focused on consumer and industrial specialty chemicals. The Company's segments include Consumer and Bazaar (C&B), Business to Business (B2B), and Others. The C&B segment covers the sale of products mainly to end consumers, which are retail users such as carpenters, painters, plumbers, mechanics, households, students and offices, among others. The Company's products include adhesives, sealants, art and craft materials and construction and paint chemicals. The B2B segment includes industrial products such as adhesives, synthetic resins, organic pigments, pigment preparations, construction chemicals (projects) and surfactants, among others. It caters to various industries, such as packaging, textiles, joineries, printing inks, paper and leather, among others.
Homevista Decor & Furnishing Private Limited announced that it has received INR 2.135 billion in funding from Evolvence Capital, Pidilite Industries Limited, FJ Labs, Accel Partners, JSW Steel Ltd., Investment Arm, Sequoia Capital India Advisors Private Limited
PIDILITE INDUSTRIES LIMITED 
