India, Oct. 22 -- Omnichannel furniture and home furnishings brand Chapter Homes has raised Rs.63 Cr ($6.6 Mn) in a strategic funding round through a mix of debt and equity. The fundraise valued the startup at nearly Rs.1,000 Cr (around $106 Mn).

The round saw participation from Bessemer Venture Partners, Stride Ventures, comedian Tanmay Bhat and a clutch of family offices. The brand claims to have also received further commitments from undisclosed backers for a future fundraise.

In a statement, the startup said that it plans to utilise the fresh capital to strengthen product development, expand into newer categories and invest in technology and brand building. A chunk of the capital will also be used to scale its omnichannel distributi...