Vaaree raises INR65 crore to expand homeware fulfilment
Hero Enterprise and Cap Alpha Ventures co-lead the Series A financing.
Vaaree has raised INR65 crore in a Series A round co-led by Hero Enterprise and Cap Alpha Ventures. The homeware marketplace plans to expand its fulfilment network and invest in faster delivery and product discovery.
Its VibeCheck service helps shoppers build moodboards, visualise combinations and find coordinated products. The financing will support that styling technology alongside additional fulfilment and quality-verification centres.
The company is working towards next-day delivery in major Indian cities. Cap Alpha Ventures confirmed its co-lead role and the same financing amount in its own announcement.
Use of funds
Fulfilment network
Product discovery and home styling