Livspace completed the acquisition of a majority stake in Abby Lighting for INR2.04bn.

Livspace, an interior design and renovation company, completed the acquisition of a majority stake in Abby Lighting, a manufacturer of LED lighting solutions, for INR2.04bn. “This is a strategic investment on our part and in line with our vision to offer a broad spectrum of offerings to our customers. The promoters & management of Abby Lighting & Switchgears will continue to helm the company and operations will continue unchanged,” Ramakant Sharma, Livspace Founder and CEO.