February 8, 2023
Residence decor model Cinnamon Houses raises angel funding

Cinnamon Houses will use the funds to spice up product growth, advertising and marketing and growth plans of the corporate

Cinnamon Homes receives funding

New Delhi: Delhi-NCR headquartered new-age dwelling furnishings and residential décor model Cinnamon Houses has raised an undisclosed quantity of angel funding from a number of angel traders in its maiden fundraising spherical.

The funding spherical was collectively led by Rahul Sprint, co-founder of magnificence Unicorn Purplle and Chetan Jajoria, vp at Deutsche Financial institution.

Cinnamon Houses will make the most of the funds raised in direction of bolstering its advertising and marketing and product growth efforts in addition to for driving rapid enterprise development and growth within the Delhi-NCR area.

“This fundraising shall go a great distance in serving to us understand our enterprise aims to the fullest. It can additionally assist us in shifting nearer in direction of our aim of strengthening our presence in NCR over the brief time period, in addition to our long-term aim of increasing our model’s expertise centres to all main metros in India together with consolidating our on-line presence by way of our web site,” Founder and CEO Anand Suman mentioned.

Investor Rahul Sprint, Co-Founder & COO, Purplle added, “Cinnamon Houses as a model has nice potential. I’m glad to affiliate with the model to assist and assist them scale nationally.”

Investor Chetan Jajoria, VP, Deutsche Financial institution mentioned, “I’ve personally recognized Cinnamon Houses’ founder Anand for over one-and-a-half many years now. I’m merely in awe of what he has created with Cinnamon and the way the purchasers are loving the model’s collections. And it’s a delight and pleasure for me to assist this model as certainly one of its early traders.”

Since its inception in August this 12 months, Cinnamon Houses has been always constructing its choices which are extraordinarily interesting together with a novelty think about it. They aspire to be a one-stop answer whereby prospects can come to arrange their total home. And to that finish, Cinnamon shall be, going ahead, persevering with to speculate quite a bit into designing its collections holding the complete dwelling in thoughts, and likewise doing customization to go well with its purchasers’/prospects’ necessities at any time when crucial.

About Cinnamon Houses

Cinnamon Houses is a ‘delicate premium’ new-age model of Furnishings, Artwork and Residence Décor that has been specifically curated for the aspiring Indian residents who’ve a penchant for making their houses look lovely and fashionable and/or are searching for superlative, elegant and artsy options for renovating their houses. The aesthetics and design of Cinnamon Houses’ merchandise have been curated completely to make their houses look beautiful.

Cinnamon Houses works with a easy intention and mission of constructing houses look lovely with the assistance of its design-led ‘delicate premium’ furnishings and décor assortment. However, their long-term imaginative and prescient to develop into one of the vital likable and trusted manufacturers within the Residence Furnishings, Artwork Décor phase, whereas focusing on primarily the mid- premium and premium phase of shoppers and clientele.