Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Sheela Foam eyes higher stake in Furlenco operator
Mint Kolkata
|June 13, 2025
The mattress maker has so far invested ₹400 cr in Furlenco parent HoK valuing the company at about ₹857 crore
Sheela Foam Ltd is likely to infuse additional capital in House of Kieraya Ltd (HoK), which operates furniture rental startup Furlenco, as the firm seeks to raise $10-15 million, two people familiar with the matter told Mint.
"The company plans to rope in external and existing investors," one of the two people said, adding that deal structures are being worked out.
Sheela Foam, which listed in 2016, has invested about ₹400 crore to date to acquire a 45% stake in HoK, and is the largest shareholder. With 50.10% of the equity voting rights, HoK is strategically important for the mattress maker as it can be a key growth vertical for Sheela Foam, Crisil said in April.
Diese Geschichte stammt aus der June 13, 2025-Ausgabe von Mint Kolkata.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Kolkata
Mint Kolkata
Oil slides as ships move toward Hormuz
An agreement between the U.S. and Iran that reopens the Strait of Hormuz to shipping promises to knock down oil prices and ease the upward pressure on costs for transport, manufacturing, food and consumer fuels across the world.
3 mins
May 26, 2026
Mint Kolkata
RBI tightens norms for UCB directors
An individual cannot serve as a director continuously for more than 10 years on the board of urban cooperative banks (UCBs), and reappointment can happen only after a compulsory three-year cooling-off period, according to the Reserve Bank of India (RBI).
1 min
May 26, 2026
Mint Kolkata
Protocol over personality: why trust is being rewritten
The global economy runs on trust.
3 mins
May 26, 2026
Mint Kolkata
Gold gains as US-Iran peace deal hopes cool inflation fears
Gold prices appreciated by ₹300 to ₹21.65 lakh per 10 gms in Delhi on Monday due to a weak US dollar and optimism over a possible peace agreement between the US and Iran.
1 min
May 26, 2026
Mint Kolkata
Zepto eyes up to $1 bn IPO launch around July
Rapid-commerce firm Zepto Ltd. is preparing to publicly file in the first half of June for an initial public offering that may raise up to $1 billion, according to people familiar with the matter.
1 min
May 26, 2026
Mint Kolkata
War-led inflation disrupts FMCG cos’ growth strategy
Firms may see slower volume growth as war-led inflation raises input costs, weakens demand
3 mins
May 26, 2026
Mint Kolkata
Whiff of West Asia peace sends mkt up
ing leverage rather than just revenue tailwinds, the report added.
1 min
May 26, 2026
Mint Kolkata
What the rupee's slide says about India's 'original sin'
In the past few weeks, the rupee’s slide and the expectation that it would breach the psychological 100-to-the-dollar mark has triggered familiar anxieties, reviving memories of the 2013 ‘taper tantrum’ when India’s currency lost almost a fifth of its value and hit a then-record low of 68.85.
3 mins
May 26, 2026
Mint Kolkata
‘India may end refined copper buys in 2026’
Hindalco MD points to new smelting capacity, recycling initiatives
2 mins
May 26, 2026
Mint Kolkata
Louisiana: A place that stays with you and nurtures your soul
In Louisiana, no two trips are the same because no two travellers are the same. Whatever it is you love, you'll find exactly what you need to feed your soul.
2 mins
May 26, 2026
Listen
Translate
Change font size