Kishore Biyani led Future Group to buy online furniture store FabFurnish.com

Q.  Which group has recently completed the purchase of the internet store FabFurnish?
- Published on 11 Apr 16

a. Future Group
b. Reliance
c. TATA
d. Godrej

ANSWER: Future Group
 
This is the first buyout of an internet store. Kishore Biyani led Future Group has just purchased online furniture store FabFurnish.com paying between INR 15 to 20 crore in cash and more so for the brand FabFurnish, two people aware of the development said.
  • FabFurnish’s management and employees are likely to join Future Group
  • Fab Furnish is a Gurgaon based firm founded in 2012
  • Its founders include Vikram Chopra, Vaibhav Aggarwal and Mehul Agrawal.

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