Ingka Group, IKEA's largest franchise partner, invests in Livspace
Updated : May 20, 2019 03:46 PM IST
Ingka Group is a strategic partner in the IKEA franchise system, representing 90 percent of total IKEA retail sales through 367 stores in 30 markets including India.
Ingka has made a minority investment in Livspace. However, the amount that has been invested is yet to be disclosed.
Livspace has earlier raised funding from Goldman Sachs and TPG Growth.