FundraiseSep 14, 2026, 08:08 UTC

Furnishka raises $2.8M seed extension backed by PhysicsWallah, Udaan founders

What's the deal? Furnishka, a Bengaluru-based furniture retailer, has raised 268 million INR (about $2.8 million) in a seed extension round, according to regulatory filings. Backers include PhysicsWallah founders Alakh Pandey and Prateek Boob and Udaan co-founder Sujeet Kumar.

Who put in what? Bhaarath Sang led the round with 103 million INR, followed by BeeNext Asia at 33.5 million INR. Onyx InVen and Amit Jain each contributed 23.7 million INR, while Pandey and Boob each invested 11.4 million INR and Kumar about 10 million INR.

What's the endgame? Founded in 2023 by Ganesh Pawar, Furnishka sells living room, dining, and bedroom furniture through both online channels and offline stores, with a focus on customisation and supply chain management. The round values the company at roughly 2.3 billion INR post-money.

By the numbers. The deal takes Furnishka's total raised to 700 million INR. It previously raised 270 million INR in a pre-Series A round led by IndiaQuotient in October 2024, with Kumar among the angel backers then too.

The signal: At roughly $2.8 million, the round sits in the top 10% of seed deals for India's home living sector by size, a sign of continued investor appetite for startups blending online and offline furniture retail.