Homevista Decor & Furnishing Private Limited announced that it has received INR 3.71 billion in funding from a group of investors
September 08, 2021
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Homevista Decor & Furnishing Private Limited announced that it has raised INR 3,710,000,000 in a round of funding co-led by new investors, IIFL Asset Management Limited through its late stage tech fund, Oman India Joint Investment Fund II, a fund managed by Oman-India Joint Investment Fund Management Company, and returning investor Stride Ventures on September 9, 2021. The transaction also included participation from other returning investors, Pidilite Industries Limited, nuVentures, Evolvence Capital, Sequoia Capital India Advisors Private Limited, and Accel Partners. The company has raised more than INR 7,650,000,000 in funding in the last seven years. The transaction has been oversubscribed.
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.
PIDILITE INDUSTRIES LIMITED 
