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Kurlon Enterprise: Sheela Foam to pick 94 66% in Kurlon for Rs 2,150 cr; 35% in Furlenco for Rs 300 cr, ET Retail

Kurlon Enterprise: The acquisition will be funded by a mix of equity, internal accruals, and debt. Although Sheela Foam has a history of acquisition, this is the first time it has been announcing two acquisitions in one go. The acquisition of Kurl-on is expected to complete before November 2023 subject to regulatory clearance, while the Furlenco transaction is likely to complete by August 2023.

Sheela Foam buys stake in Kurlon, House of Kieraya for ₹2,450 crore

Sheela Foam buys stake in Kurlon, House of Kieraya for ₹2,450 crore
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Furlenco s FY22 Loss Widens 71% YoY To INR 149 Cr, Operating Revenue Up 1 5X

Bengaluru-based furniture rental startup Furlenco reported a 71% increase in its standalone net loss to INR 148.68 Cr in FY22

Sheela Foam looks to buy furniture rental Furlenco

The enterprise value of the furniture rental startup is being pegged at ₹500 cr

BathStory raises USD 100K in an angel funding round from Balboa Ventures and Laxman Vaidya

BathStory raises USD 100K in an angel funding round from Balboa Ventures and Laxman Vaidya
laosnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from laosnews.net Daily Mail and Mail on Sunday newspapers.

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