[Funding News] Vaaree Raises $2.5 Mn pre-Series A Funding Led by Capier Investments

Vaaree, a startup in home furnishings and decor, has raised Rs 20.78 crore ($2.5 million) in a pre-Series A round-headed by Capier Investments, in which Peak XV's Surge Ventures participated.

The funds will be used for expanding origination networks, branding activities, and marketing growth acceleration by the company. Entrackr was the first to report on the development.

In the pre-series A, Surge Ventures contributed Rs 8.31 crore and Capier Investments put in Rs 12.47 crore. Additional funding will probably be given to the company in the round.

Read also - Superfoods Valley Secures Rs 7 Cr Pre-Series A Funding

Vaaree has secured about $7 million, including a $4 million seed investment in September of last year headed by Surge Ventures of Peak XV and involving Vistra, Better Capital, Capier Investments, and All in Capital.

About Vaaree

Founded in 2022 by Garima Luthra, Pranav Arora, Vaaree is an online store selling a variety of home goods in different categories. The product catalogue has items for the kitchen, furnishings, home textiles, decor, and more.

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