India, July 25 -- Home decor startup Livspace has bagged INR 362 Cr (around $42 Mn) from its Singapore-based parent Livspace Pte Ltd as it seeks to shift its domicile back to India, sources close to the matter told Inc42.

As per the company's MCA filings accessed by Inc42, Livspace Pte Ltd's board issued 1.57 Cr equity shares on a rights issue basis to infuse the capital into its Indian subsidiary.

Notably, this follows Inc42's earlier report that Livspace's holding entity had injected INR 427 Cr via another rights issue. With this latest tranche, the total capital infusion by the parent into the Indian subsidiary stands at around INR 789 Cr this year.

"This funding, along with the previous infusion, is part of Livspace's plan to shift...