Lokendra Ranawat
Home Decor & Furnishing
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...
Home Decor & Furnishing
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 India
New Delhi: Furniture brand WoodenStreet has opened its 10th store in the national capital region (NCR) at South Extension,...
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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...
Retail
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...
Big Grid
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...
Retail
Woodenstreet to invest $2 mn on expansion, strengthening network over 1 year
WoodenStreet, a custom furniture brand, is aiming to expand its outreach by opening 20+ new stores, which will raise the count to 50+ stores, in next 12 months, respectively. For an expansion drive, the company will target into the...
Retail
Retail custom furniture brand WoodenStreet spends Rs 7.4 crore in physical expansion
With an investment of RS 7.4 crore, custom furniture startup WoodenStreet is expanding into the markets of West Bengal and Kerala by launching two new Experience Stores in the cities of Kolkata and Kochi, respectively. The company will also...
Retail
Custom furniture brand WoodenStreet raises US$ 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...
Retail
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...
Retail
WoodenStreet opens 2 new stores in South India; plans to invest Rs 15 crore for further expansion
Investing a total of Rs 5 crore (approx.), custom furniture start-up WoodenStreet has begun its second South Indian expansion drive by opening two new experience stores in Hyderabad. These stores are located in Banjara Hills and Miyapur.
The first such...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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