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Lokendra Ranawat

WoodenStreet launches in-house home furnishing brand Earthy Threads

With this new vertical, the brand is targeting a revenue of an additional Rs 100 crore in the next 12-18 months Mumbai: Furniture company WoodenStreet has launched its in-house home furnishings brand, Earthy Threads, inspired by nature, the company announced...

Eyeing 300 stores in 36 months: Lokendra Ranawat, Wooden Street

Wooden Street co-founder, Lokendra Ranawat on the brand’s journey from being an online marketplace to a strong omnichannel player in a complex category like furniture and home decor Mumbai: The Covid-19 pandemic triggered a substantial shift in consumer behaviour in...

WoodenStreet opens 10th store in Delhi NCR

WoodenStreet has invested around Rs 2-3 crore in the 4000 sq. ft. store and it currently has over 100 experience stores across IndiaNew Delhi: Furniture brand WoodenStreet has opened its 10th store in the national capital region (NCR) at South Extension,...

WoodenStreet spends $1.5 mn on new experience stores in NCR; expects Rs 4-5 cr revenue from each

With a planned investment of US $1.5 Million for 6 stores in Delhi-NCR, India’s leading furniture e-tailer WoodenStreet continues its expansion drive by launching two new experience stores in the cities of Gurugram and Noida, at Golf Course Road and Sector...

WoodenStreet to spend $5 mn for expanding its warehouse capacity by 5X

Leading furniture e-commerce WoodenStreet is planning to expand its current warehouse capacity by fivefold to a total of 50 Lakh sqft across India in the upcoming 24-36 months. The company plans to invest around 4 to 5 Million USD to...

Startups get tax holiday, capital gains exemption

Tax holiday for these businesses was extended by one more year to March 2022 during Budget presentations today. Capital gains exemption given to them has also been extended by one more year.As of the last week of December, there...

Woodenstreet to invest $2 mn on expansion, strengthening network over 1 year

WoodenStreet, a custom furniture brand, is aiming to expand its outreach by opening 20+ new stores, which will raise the count to 50+ stores, in next 12 months, respectively. For an expansion drive, the company will target into the...

Retail custom furniture brand WoodenStreet spends Rs 7.4 crore in physical expansion

With an investment of RS 7.4 crore, custom furniture startup WoodenStreet is expanding into the markets of West Bengal and Kerala by launching two new Experience Stores in the cities of Kolkata and Kochi, respectively. The company will also...

Custom furniture brand WoodenStreet raises US$ 3 million in Series-A funding lead by IAN Fund

Jaipur-based online custom furniture platform WoodenStreet has raised US$ 3 Million in Series-A funding lead by IAN Fund and Rajasthan Venture Capital Funds (RVCF) also the part. The company plans to utilize this investment in increasing its footprint, both domestically...

WoodenStreet to spend US$ 500K, reveals plans for touch-free stores

Custom furniture startup WoodenStreet is planning to spend US$ 500K to change how its experience stores will feel and function post-coronavirus pandemic. The plan includes a touch-free store policy, virtual reality and 3D services and sanitized supply chain. The brand...
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Truly Desi to get into agro-tourism and traceability – founder

Started with 15 customers, now the brand has a base of about 5000 customersBengaluru: Truly Desi stands for a...
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