Bengaluru-based Relso has raised $840,000 in a pre-seed round co-led by Ventures Catalysts and Inflection Point Ventures. Investors such as Ramakant Sharma (Livspace founder and Global COO), Shantanu Deshpande (Bombay Shaving Co-founder), and Saurabh Jain (Livspace India CEO) also joined the round.
The fresh capital will be used for expansion, talent acquisition, team and more, the company said in a press release.
Co-founded in early 2023 by Anshul Choubey, Abhinav Agarwal, and Jay Trivedi, Relso describes itself as a ‘cloud factory’ for furniture under the vision of ‘Make in India and sell globally’ motto. The company essentially supplies a wide range of furniture to brands and retailers. Its offerings include different design options, low MOQs, customization, and more.
Recently, Venture Catalysts backed lab-grown diamond brand Fiona Diamonds for Rs 6 crore in its seed round.
