Bengaluru-based technology-based home interiors service provider HomeLane raised $50 million (Rs 371 crores) in its Series E funding round led by IIFL AMC’s Late Stage Tech Fund, OIJIF II (Oman India Joint Investment Fund), and Stride Ventures. Its existing investors including Pidilite, Evolvence, NuVentures, Sequoia, and Accel also participated in the round.
According to the official statement, with this round, HomeLane has now raised a total of $104 million (Rs 765 crore) in funds over the last seven years. The RainMaker Group acted as the sole adviser for this funding transaction.
