Livspace, a new-age home interiors solutions provider backed by private equity firm KKR, is planning to shift its domicile back to India, and list on local stock exchanges. Currently based in Singapore, the firm has initiated internal processes with the aim to go public in 2025, three people in the know of the development said.
The company is looking to hit profitability by the end of the current financial year and is eyeing a listing opportunity in 2025, one of the three people cited above said, seeking anonymity.
In February 2022, Livspace raised $180 million in a funding round led by KKR at a valuation of $1.2 billion, to join the coveted unicorn club. The startup has so far raised about $450 million.
"It has begun work internally and is likely to apply for regulatory approvals and flip back the company in the next 9-12 months," the second person said.
Diese Geschichte stammt aus der January 16, 2024-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der January 16, 2024-Ausgabe von Mint Mumbai.
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