Arrivae to invest Rs 50 crore to expand its franchise network

Arrivae, an interior design solution provider, will invest Rs 50 crore to expand its franchise network across India in the next two years. The company has entered into a franchise owned company operated model with Prism Johnson, a tiles and bath products provider. Yash Kela, founder, Arrivae said, "This offering increasing the ASP by 3.5 x times for a tile, bath dealer upselling to the same consumer." The company has launched its first six stores across Mumbai, Chennai, Cochin, Bangalore and Delhi.