Future Group acquires FabFurnish
Kishore Biyani-led Future Group on Wednesday acquired Rocket Internet-backed furniture startup FabFurnish. Future Group will reportedly pay ₹15-20 crore in cash to buy the company. This marks Future Group’s first acquisition of an e-commerce company and the first exit for Rocket Internet in India. Future Group will retain FabFurnish’s brand and will use it to take Home Town online. \n\n\n