A company that provides end-to-end interior design solutions, Arrivae has been recently planning to spread its franchise further. It intends to establish around 200 stores in the coming two years. The company has made an investment of Rs. 50 crores.
Reports suggest, to aid its intention of expanding the business, Arrivae may join hands with Prism Johnson, a company which is known to provide complete solutions for tiles and bath products. commencing its journey, Arrivae will soon launch its 6 stores across Mumbai, Chennai, Cochin, Bangalore and Delhi as per the first schedule of its franchise network launch. This would lead to a business of around 200 crore for Arrivae.
Arrivae's collaboration with Prism Johnson will not just treat the customers of Johnson network with an extended range of products, but it would also let Arrivae to approach the customers of Johnson, who wish to build their dream houses.
Yash Kela, the Founder of 'Arrivae', asserted, "Arrivae's financial product enables the consumer to pay for the non-movable material purchase over 15 years at 8.35 percent cost, thus increasing the affordability for the consumer. It's a win-win for all stakeholders. Johnson's and Arrivae's mission for creating a better home improvement ecosystem community is aligned." Also read:
RBI provides Finzy with the NBFC-P2P certification
Income Tax department speeds up on issuing refunds to taxpayers
ASME Certification provided to the BTL EPC Ltd.
In spite of lags, experts confident about GST