March 2018
CategoryStories
Company News95
Competition and Industry News33

Company News

Demand for retail space remains strongedit

A notable trend witnessed during the year was the adoption of omni-channel strategies by esta­blished players. Several e-commerce retailers such as Urban Ladder, Craftsvilla, Myntra, Jaypore, Pepperfry and Nykaa opened their brick-and-mortar stores; whereas established re­tailers such as Zara launched their online portals.

Publication: The Hindu (Print)

Date: March 31, 2018

Diversity and inclusion are buzzwords at workplace for womenedit

I joined in Urban Ladder May 2012 along with 4 other men. Until October 2012, apart from the house-help and me, there were no other women in the team.

Publication: Times Jobs (Online)

Date: March 30, 2018

Too good to be true? It must be an Indian startup’s April Fool’s Day offeredit

Online furniture retailer Urban Ladder, too, has pulled a fast one. The company announced that it had launched “The Urban Ladder,” a high chair that comes with built-in speakers, a thermal mug holder, and a charging station.

Publication: Quartz (Online)

Date: April 1, 2018

Retail assets in India witness over USD 800m investment from PE firms & wealth funds in 2017edit

Several e-commerce retailers such as Urban Ladder, Craftsvilla, Myntra, Jaypore, Pepperyfry and Nykaa opened their brick-and-mortar stores; whereas established retailers such as Zara launching their online portals, says the report.

Publication: Money Control (Online)

Date:

Flipkart Set To Be An OTA Giant After Conquering Ecommerce, To Take On MakeMyTrip, Yatraedit

According to sources close to the development, Flipkart has expressed interest in backing online food delivery app Swiggy, hyperlocal services firm UrbanClap, furniture retailer UrbanLadder as well as startups in insurance and wealth management sectors.

Publication: Inc 42 (Online)

Date: March 29, 2018

PE investments in retail assets see 15% growth, says CBRE reportedit

Several e-commerce retailers such as Urban Ladder, Craftsvilla, Myntra, Pepperfry opened their brick-and-mortar stores; whereas established retailers such as Zara launched their online portals.

Publication: Business Standard (Print)

Date: March 29, 2018

Startup CEOs sit with employees to get firsthand insight into their innovations and ideasedit

At Urban Ladder, cofounder Rajiv Srivatsa’s strategy is to regularly shadow delivery managers and service associates when they are making product deliveries in different cities

Publication: The Economic Times (Online)

The Economic Times (Print)

Date: March 27, 2018

Reverse Shadow: CEOs Start up New Trendedit

At Urban Ladder, cofounder Rajiv Sri-vatsa’s strategy is to regularly shadow delivery managers and service associates when they are making product deliveries in different cities

Publication: The Economic Times (Print)

Date: March 27, 2018

Furniture e-tailers move on to newer revenue channels from discountingedit

As the noose tightens around vertical e-commerce players to plug cash and burn and build efficiency around operations, discounting is making way for newer revenue channels for players in the furniture retail space that are turning to product-catalogue expansion and a deeper omni-channel foray to acquire more customers.

Publication: Gadgets now (Online)

Date: March 27, 2018

Furniture etailers move on to newer revenue channels from discountingedit

“We significantly increased our investments in product and product designs in FY16, results of which have shown in our FY17 financials,” said Ashish Goel, CEO of Urban Ladder, which has seen a 22% increase in revenues in FY17. “Our product range was more differentiated — which led to lower marketing costs, little discounting and improved margin structures.”

Publication: The Economic Times (Clip Attached)

Date: March 26, 2018

Shrimp heals your Wound, Sort Ofedit

It hasn’t been an easy year for Goel and Srivatsa, founders of Urban Ladder.

Publication: Fortune (Print-National)

Floral Fantasyedit

All cosied up! We love comfy armchairs and one in florals is a definite must-have in our books.

Publication: Afternoon Dispatch & Courier

Date: March 22, 2018

TIME-SAVING TIPS TO PICK A PERFECT SOFA SET FOR YOUR INTERIORedit

Design plays one of the most important roles in picking the sofa set, so you can check this aspect properly.  There are many sofa designs available, but the best sofa set designs at Urban Ladder gives you a better idea and make your living room stylish.

Publication: The Pioneer (Online)

Date: March 21, 2018

Robotic cleaners make their way into homesedit

Upadhyaya, a former vice-president, engineering, at Urban Ladder who is currently senior vice-president, engineering, with a US-based start-up, lives in a joint family of six in Bengaluru.

Publication: Livemint (Online)

Date: March 21, 2018

Startup go back to known investors for double dipedit

Several big names have gone back for a double dip in the last few months. For instance, Urban Ladder raÂised $12 million from 4 existing investors in January this year.

Publication: The Times of India (Clip Attached)

Date: March 20, 2018

VC Firm Sequoia Capital To Slash Sixth India Fund Size By 25% To $600 Mn-$700 Mnedit

The VC firm debuted 2017 with Bengaluru-based online healthcare platform Practo that raised $55 Mn Series D funding in a round led by Tencent. This was followed by Urban Ladder funding in February 2017.

Publication: VC Circle (Online)

Date: March 19, 2018

Startup go back to known investors for double dipedit

For instance, Urban Ladder raised $12 million from 4 existing investors in January this year. In November last year, Accel Partners pumped in Rs 100 crore into their portfolio company Universal Sports Biz, Venture Intelligence data said.

Publication: The Times of India (Online)

Date: March 20, 2018

Ashish Goel, Founder & CEO, Urban Ladder I True North I Episode 14edit

What could I have done differently?

Publication: Your Story (Online)

Date: March 19, 2018

Urban Ladder Launches Store In JP Nagar, Bengaluruedit

The company has opened its third store in the city and comes after recent funding of Urban Ladder aimed to build a strong omnichannel presence.

Publication: Inc 42 (Online)

Date: March 17, 2018

Pretty Hangingsedit

WHERE: Urban Ladder, JP Nagar 3rd Phase

Publication: Bangalor Mirror (Clip Attached)

Date: March 14, 2018

Workshops – Fabric Buntingedit

Venue: Urban Ladder, JP Nagar Store

Publication: Deccan Chronicle

Date: March 14, 2018

Fabric Buntings with Urban Ladderedit

Lets create Fabric buntings with Urban Ladder! Walk into the brand new Urban Ladder store in J.P Nagar on the 17th of March for an engrossing workshop on the craft of fabric buntings

Publication: Events High

Date: March 13, 2018

Energy hacks for your homeedit

Keeping our house well-lit and at a comfortable temperature is always a struggle. Constantly using lights and air conditioning is a major reason for the high electricity bills you receive every month. However, fret not, a few alterations can help you deal with this. Ritika Dhingra, design manager, Urban Ladder, has suggestions

Publication: Magicbricks

Date: March 12, 2018

Workshopedit

Dreamcatcher Workshop

Venue: Urban Ladder, Domlur

Publication: Bengaluru Chronicle (Clip Attached)

Date: March 11, 2018

Brands celebrate International Women’s Day with varied campaignsedit

Aligning themselves with the message of women empowerment and acknowledging their impact on all our lives, it is once again that time of the year for brands to roll out their International Women’s Day campaigns 2018.

Publication: Social Samosa

Date: March 9, 2018

Things to doedit

Do-it-yourself textile jewellery workshop

Where: Urban Ladder, Domlur

Publication: Bangalore Mirror (Clip Attached)

Date: March 10, 2018

 

Energy hacks for your homeedit

Ritika Dhingra, Design Manager, Urban Ladder has suggestions.

Publication: Times Property (Clip Attached)

Date: March 10, 2018

Decor for every houseedit

“Make a small home interesting by incorporating elements from your life—books, memorabilia, art, stamp collection, etc. This not only helps you reminisce but also adds a personal touch to your home,” says Ritika Dhingra, Design Manager, Urban Ladder.

Publication: Times Property (Clip Attached)

Date: March 10, 2018

Decor for every homeedit

“Make a small home interesting by incorporating elements from your life—books, memorabilia, art, stamp collection, etc. This not only helps you reminisce but also adds a personal touch to your home,” says Ritika Dhingra, Design Manager, Urban Ladder.

Publication: Magic Bricks

Date: March 9, 2018

Urban Ladder Pledges To Do Away With Labels With New Campaign- ‘Labels Belong On Objects’edit

This International Women’s Day, Urban Ladder, the online furniture and home store, has launched a campaign called #LabelsBelongOnObjects, thus pledging to do away with labels and put them where they belong- on objects. Labels don’t belong on women, they belong on objects.

Publication: Exchange4Media

Date: March 9, 2018

Freshly funded Urban Ladder eyes omnichannel expansionedit

Urban Ladder started off its journey as a solely online player in 2012 and by 2017 it opened its first offline store. Now, the company aims to open 15 – 20 stores across India by March next year.

Publication: Fortune India

Date: March 9, 2018

Various Designsedit

Cute and well-designed

(Urban Ladder Product Placement)

Publication: Prajavani (Clip Attached)

Date: March 9, 2018

Beyond buzzwords: Actioning gender equalityedit

Diversity and inclusion are the buzzwords in the corporate world today. Some credit possibly goes to the debate sparked by the #MeToo campaign and Sheryl Sandberg’s Lean In conversations.

Publication: The Economic Times (Online)

Date: March 8, 2018

#SheInspiresMe: Home Décor Tips from the Best in the Industryedit

Add antique elements into your décor to add a feeling of grandeur – Ritika Dhingra, Head – Design and VM, Urban Ladder

Publication: Roof and Floor (Online)

Date: March 8, 2018

Happy Women’s Day 2018: Sonia Parandekar, VP of Engineering, Urban Ladder, gives a strong messageedit

Today is International Women’s Day and this is the time to appreciate all those ladies who not only dared to dream but are also inspiring people around them. On this special occasion, Sonia Parandekar, VP-Engineering, at Urban Ladder shared her journey and also gave a special message to all the lovely ladies.

Publication: India TV NEWS (Online)

Date: March 8, 2018

AD100 Awards | Tastemakers: Connoisseurs known for their signature stylesedit

Wabi Sabi, Shah’s first comprehensive furniture collection, was launched in collaboration with Urban Ladder.

Publication: Architectural Digest (Online)

Date: March 9, 2018

WORKSHOPedit

Dreamcatchers have gained popularity in the past few years. You must have many of them in different sizes at various flea markets.

Publication: Deccan Chronicle (Clip Attached)

Date: March 9, 2018

#SheInspiresMe: Ritika Dhingra, Design Head – Visual Merchandising, Urban Ladderedit

Your home will only feel comfortable when you make it a reflection of your personality, says Ritika Dhingra, Design Head – Visual Merchandising at Urban Ladder.

Publication: Roof and Floor (Online)

Date: March 7, 2018

 

Pepperfry raises Rs 2.5 billion from State Street Global Advisorsedit

Online furniture platform Pepperfry has raised $38.5 million (Rs 2.5 billion) from State Street Global Advisors, the asset management business of State Street Corporation.

Publication:India Finance NEWS (Online)

Date: March 8, 2018

Urban Ladder raises US $12mn from Kalaari, Saif Partners and othersedit

In combination with the US $15 million raised in January 2017, these funds will be used towards Urban Ladder’s Omnichannel expansion, the company said in a statement.

Publication: IndiaRetailing

Date: March 5, 2017

Online Furniture Start-ups in India: A Look at the New Venture Capital Trendedit

Urban Ladder, founded in Bengaluru in 2012, has Sequoia Capital and SAIF Partners among its investors. This online furniture company lets people customize their homes through urban designs.

Publication: Entrepreneur 

Date: March 6, 2018

Workshopedit

Be a part of this workshop and learn to make your own jewellery using textiles.

Publication: Deccan Chronicle (Clip Attached)

Date: March 7, 2018

Urban Ladder secures funding of $12m from existing investorsedit

Bangalore-based online furniture store Urban Ladder has raised funding of US $12 million from its existing investors including Kalaari Capital, SAIF Partners, Sequoia Capital and Steadview Capital.

Publication: Medianama

Date: March 6, 2018

Let’s Create Textile Jewelleryedit
Sat, 10 Mar 11:00AM – 1:00PM Urban Ladder , East Bangalore

Rs 600

Publication: EventsHigh

Date: March 7, 2018

Let’s create Dreamcatchers with Urban Ladderedit

Sun, 11 Mar 11:00AM – 1:00PM

Urban Ladder , East Bangalore Rs 600

Publication: Events High

Date: March 7, 2018

Startups and large businesses: A symbiotic relationshipedit

The two forces coming together offers a world of opportunities in terms of exploring newer technologies along with the heft of experience and financial power

Publication: Forbes (Clip Attached)

Date: March 6, 2018

Realistic Indulgenceedit

All the other furnitures were sourced from brands like Urban Ladder and Pepperfry

Publication: Better Interiors (Clip Attached)

Date: March 1, 2018

[Women in Tech] As VP of Engineering, Sonia Parandekar sets the pace for tech initiatives at Urban Ladderedit

Sonia Parandekar’s aim is to drive all of engineering at Urban Ladder, including urbanladder.com, Android and iOS apps, omnichannel workflows, warehouse management and supply chain systems as well as AR/VR solutions.

Publication: Your Story (Online)

Date: March 6, 2018

 

Ninjacart Raises $1 Mn In Venture Debt Funding From Trifecta Capitaledit

Since the commencement of its operations in the late 2015, Trifecta Capital has invested in 25 companies including PaperBoat, Rivigo, Big Basket, Urban Ladder, UrbanClap, Box8, Livspace, Cure.Fit and IdeaForge.

Publication: Inc 42 (Online)

Date: March 6, 2018

TRACKING DEALS: FourKites gets ₹225 cr in Series Bedit

Urban Ladder, a furniture and home decor brand, has raised about ₹78 crore ($12 million) from existing investors Kalaari Capital, SAIF Partners, Sequoia Capital and Steadview Capital.

Publication: Hindu Business Line (Online)

Date: March 6, 2018

[Women in Tech] As VP of Engineering, Sonia Parandekar sets the pace for tech initiatives at Urban Ladderedit

As Vice President of Engineering at Urban Ladder, Sonia Parandekar is a one-woman army leading the technology wing in the organisation. As a woman leader in the technology vertical, she is breaking barriers, taken the road less travelled, found success in a male-dominated organisation, and helping the brand feature some really cool applications like AR-VR present at their flagship store.

Publication: Start Up World (Online)

Date: March 5, 2018

WORKSHOPedit

Be a part of this workshop and learn to make your own jewellery using textiles. 

Publication: Deccan Chronicle (Clip Attached)

Date: March 6, 2018

Textile Jewellery Workshopedit

Be a part of this workshop and learn to make your own jewellery using textiles.

Venue: Urban Ladder, Domlur

Publication: Bengaluru Chronicle (Clip Attached)

Date: March 4, 2018

QBiz: Car Sales Jump in Feb; May Sets Vision For Trade Post Brexitedit

Bengaluru-based Urban Ladder has raised $12 million in fresh funding from existing investors Kalaari Capital, Saif Partners and others, as it looks to open more offline stores in its hunt for profitability.

Publication: Yahoo News

Date: March 3, 2018

Urban Ladder Raises $12 Mn in Fresh Funding From Kalaari Capital, Othersedit

Bengaluru-based Urban Ladder has raised $12 million in fresh funding from existing investors Kalaari Capital, Saif Partners and others, as it looks to open more offline stores in its hunt for profitability.

Publication: The Quint

Date: March 3, 2018

Urban Ladder raises $12 million from Kalaari, Saif Partners and othersedit

Home furnishing company Urban Ladder has said that it has raised an internal round of USD 12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital. In combination with the USD 15 million raised in January 2017, these funds will be used towards Urban Ladder s omni-channel expansion, the company said in a statement.

Publication: BGR

Date: March 3, 2018

Urban Ladder raises funds from Kalaari, SAIF Partnersedit

Furniture retailer Urban Ladder said it raised $12 million from investors Kalaari Capital, SAIF Partners, Sequoia Capital and Steadview Capital, in what comes as the second internal round for the start-up.

Publication: Business Fortnight 

Date: March 3, 2018

Funding Galore: Indian Startup Funding Of The Week [26 Feb-03 March 2018]edit

Urban Ladder: Bengaluru-based online furniture retailer Urban Ladder raised $12 Mn from Sequoia Capital, SAIF Partners and Kalaari capital in Series E1 funding round. The startup will use the funding to further it’s omnichannel expansion, online and offline.

Publication: Inc42

Date: March 3, 2018

Urban Ladder Raises $12 Mn Funding For Omni-Channel Expansionedit

Online furniture retailer Urban Ladder has raised $12 Mn in a fresh round of funding led by the existing investors, as per MCA filings accessed by Inc42.

Publication: Inc42

Date: March 1, 2018

Urban Ladder raises $12 million from Kalaari, Saif Partners and othersedit

Urban Ladder has raised an internal round of $12 million which will be used towards its omni-channel expansion, says the company

Publication: NewsBoss

Date: March 1, 2018

Exclusive: Existing investors infuse fresh funds into Urban Ladderedit

Bangalore-based online furniture store Urban Ladder has raised Rs 77.43 crore ($11.87 million) in a fresh round of funding from existing investors, filings with the Registrar of Companies show.

Publication: Startup World

Date: March 1, 2018

Urban Ladder bags $12 Mn from Kalaari, Sequoia, Steadview and SAIF Partnersedit

Finally, fundraising campaign for Bengaluru-based online furniture retailer Urban Ladder materialises as the company has secured about $12 million from existing investors including Kalaari Capital, Sequoia Capital, Steadview Capital and SAIF Partners.

Publication: Entrackr

Date: March 1, 2018

Urban Ladder raises Rs. 78.2cr from Kalaari Capital and othersedit

Bengaluru-based home-furnishing company Urban Ladder has raised $12mn in an internal funding round from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: NewsBytes

Date: March 1, 2018

Urban Ladder Raises $12 Mn Funding For Omni-Channel Expansionedit

Online furniture retailer Urban Ladder has raised $12 Mn in a fresh round of funding led by the existing investors, as per MCA filings accessed by Inc42.

Publication: DailyHunt

Date: March 1, 2018

Urban Ladder Raises $12 Mn Funding For Omni-Channel Expansion | #VentureCanvasedit

Online furniture retailer Urban Ladder has raised INR 77.43 Cr ($12 Mn) in a fresh round of funding led by the existing investors, as per MCA filings accessed by Inc42.

Publication: VentureCanvas

Date: March 1, 2018

Urban Ladder raises $12 M to further its omnichannel strategyedit

The company last raised $15 million in January 2017 from the same investors. The investors have combinedly infused $27 million over last 12 months.

Publication: YourStory

Date: March 1, 2018

Furniture startup Urban Ladder raises ₹77 croreedit

Online furniture startup Urban Ladder has raised around ₹77 crore ($11.87 million) in funding from existing investors, filings have revealed.

Publication: inshorts

Date: March 1, 2018

Urban Ladder raises $12 million from Kalaari, Saif Partners and othersedit

Home furnishing company Urban Ladder today said it has raised an internal round of USD 12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital. In combination with the USD 15 million raised in January 2017, these funds will be used towards Urban Ladder’s omni-channel expansion, the company said in a statement. It added that investors believe the omni-channel approach and profitability push (in FY18-19) “is a winning strategy to build a powerful retail brand”.

Publication: CNBC News

Date: March 1, 2018

Exclusive: Existing investors infuse fresh funds into Urban Ladderedit

Bangalore-based online furniture store Urban Ladder has raised Rs 77.43 crore ($11.87 million) in a fresh round of funding from existing investors, filings with the Registrar of Companies show.

Publication: VCCircle

Date: March 1, 2018

Urban Ladder raises $12mn from Kalaari, Saif Partners and othersedit

Home furnishing company Urban Ladder today said it has raised an internal round of USD 12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: India.com

Date: March 1, 2018

Urban Ladder raises $12 million from existing investors to push offline strategyedit

Bengaluru-based online furniture startup Urban Ladder has raised USD 12 million from existing investors Kalaari Capital, SAIF Partners, Sequoia Capital, and Steadview Capital, in an internal funding round.

Publication: Yahoo Finance

Date: March 1, 2018

Urban Ladder raises $12mn from Kalaari, Saif Partners and othersedit

Home furnishing company Urban Ladder today said it has raised an internal round of USD 12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: India Today

Date: March 1, 2018

Urban Ladder raises $12mn from Kalaari, Saif Partners and othersedit

Home furnishing company Urban Ladder today said it has raised an internal round of USD 12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: Outlook India

Date: March 1, 2018

Urban Ladder raises $12 million from existing investors to push offline strategyedit

This is the second time that funds have been raised by the same investors in almost a year. The company had raised USD 15 million in February 2017 from the same investors.

Publication: Moneycontrol

Date: March 1, 2018

Urban Ladder raises $12 million from Kalaari, Saif Partners and othersedit

Home furnishing company Urban Ladder said it has raised an internal round of USD 12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital. In combination with the USD 15 million raised in January 2017, these funds will be used towards Urban Ladder’s omni-channel expansion, the company said in a statement. It added that investors believe the omni-channel approach and profitability push (in FY18-19) “is a winning strategy to build a powerful retail brand.”

Publication: Realty Plus

Date: March 1, 2018

Urban Ladder raises $12mn from Kalaari, Saif Partners and othersedit

The company has raised USD 103 million till date. Urban Ladder currently has two large format stores in Domlur and Whitefield and one sofa lounge in HSR Layout in Bengaluru. The company continues to study other cities for its next phase of expansion, aiming at 15 – 20 stores across India by March 2019, the statement said.

Publication: Zeebiz 

Date: March 1, 2018

Urban Ladder raises $12 mn in fresh funding from Kalaari Capital, othersedit

Urban Ladder has raised $12 million in fresh funding from existing investors Kalaari Capital, Saif Partners and others, as it looks to open more offline stores in its hunt for profitability. The company said it will utilise the capital for its omnichannel expansion, which it had kicked off with a $15 million investment in January 2017.

Publication: India Finance News

Date: March 1, 2018

Online furniture retailer Urban Ladder raises $12m from existing investorsedit

Online furniture retailer Urban Ladder Home Décor Solutions Pvt. Ltd has raised $12 million from its existing investors in a new funding round.

Publication: Deal Street Asia 

Date: March 1, 2018

Urban Ladder raises $11.87 million from existing investorsedit

According to MCA filings, Urban Ladder has raised $11.87 million in fresh round of funding. Existing investors Kalaari Capital, Sequoia Capital, Steadview Capital and SAIF Partners led the funding round.

Publication: Techstory

Date: March 1, 2018

START-UP URBAN LADDER RAISES $12 MILLIONedit

Home decor and furniture start-up Urban Ladder said it had raised an internal round of $12 million from investors Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: NewsHub

Date: March 1, 2018

Urban Ladder raises $12 mn in fresh funding from Kalaari Capital, othersedit

Bengaluru-based Urban Ladder has raised $12 million in fresh funding from existing investors Kalaari Capital, Saif Partners and others, as it looks to open more offline stores in its hunt for profitability.

Publication: Smart Investor

Date: March 1, 2018

Fresh dose of cash for Urban Ladderedit

At present, Urban Ladder operates two large format stores at Domlur and Whitefield and one sofa lounge at HSR Layout in Bangalore. It is set to launch its fourth store this month in the JP Nagar neighbourhood of Bangalore. The flagship Domlur store has garnered a footfall of over 3500 families a month.

Publication: The Telegraph

Date: March 2, 2018

Urban Ladder raises $12 mnedit

Furniture and home decor brand Urban Ladder has announced that it has raised an internal round of $12 million from investors Kalaari Capital, Saif Partners, Sequoia Capital and Steadview Capital, reports DHNS from Bangalore.

Publication: Deccan Herald (Clip Attached)

Date: March 2, 2018

Urban Ladder Raises $12M from Kalaari, othersedit

Online home decor brand, Urban Ladder has raised $12 million from existing investors Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital. The funds will be used to expand the company’s omni-channel presence, the company said.

Publication: The Times of India (Clip Attached)

Date: March 1, 2018

Urban Ladder Raises $12 Million, To Open More Offline Storesedit

Bengaluru-based online furniture retailer Urban Ladder raised $12 million from investors Kalaari Capital, SAIF Partners, Sequoia Capital and Steadview Capital, in its second internal round of funding, announced the startup yesterday.

Publication: IndianWeb2

Date: March 2, 2018

Urban Ladder Raises Funds From Kalaari Capital, SAIF Partnersedit

The online furniture start-up operates four stores across Bengaluru and Pune and expects to open 15-20 more by March 2019.

Publication: Finance Everyday

Date: March 2, 2018

Urban Ladder raises $12M in fresh funding from existing investorsedit

Bangalore-based Urban Ladder has raised $12 million in a fresh funding round from existing investors.

The round was led by Kalaari Capital, Sequoia Capital, Steadview Capital and SAIF Partners who put in $2.9 million each. The company says that these funds will be used towards Urban Ladder’s omnichannel expansion.

Publication: CIOL

Date: March 2, 2018

Urban Ladder raises $12M from existing investorsedit

Urban Ladder obtained the single-brand retail licence last year, post which the company has been focused on expanding its offline footprint

Publication: The Economic Times (Clip Attached)

Date: March 2, 2018

Urban Ladder raises funds from Kalaari, SAIF Partnersedit

Urban Ladder will use the latest round of funding to support its expansion offline, which it sees as the strategy that will help the online furniture deliver profits in 2018-19.

Publication: Mint (Clip Attached)

Date: March 2, 2018

Urban Ladder raises $12 mn from Kalaari, others to expand omni-channeledit

Home furnishing company Urban Ladder on Thursday said it has raised an internal round of $12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: Business Standard (Clip Attached)

Date: March 1, 2018

Urban Ladder raises $12 mn from Kalaari, Saif, othersedit

Home furnishing company Urban Ladder on Thursday said it has raised an internal round of $12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: DNA Money (Clip Attached)

Date: March 2, 2018

Urban Ladder raises $12 million from Kalaari, Saif Partners and othersedit

Home furnishing company Urban Ladder today said it has raised an internal round of USD 12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: Financial Express (Clip Attached)

Date: March 1, 2018

Urban Ladder raises $12 million from existing investorsedit

Furniture and home decor brand Urban Ladder has raised an internal round of $12 million from investors Kalaari Capital, SAIF Partners, Sequoia Capital and Steadview Capital.

Publication: The Hindu Business Line (Clip Attached)

Date: March 1, 2018

Start-up Urban Ladder raises $12 millionedit

Home decor and furniture start-up Urban Ladder said it had raised an internal round of $12 million from investors Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.

Publication: The Hindu (Clip Attached)

Date: March 2, 2018

Urban Ladder raises funds from Kalaari, SAIF Partnersedit

Urban Ladder will use the latest round of funding to support its expansion offline, which it sees as the strategy that will help the online furniture deliver profits in 2018-19

Publication: Nternet

Date: March 1, 2018

Competition and Industry News

Do good: 5 steps for companies to become profitable as well as socially responsibleedit

IKEA has cultivated a conscious, learning culture. It has worked with UNICEF to ensure that child labour is not practiced in its global chains, and has published a code of conduct for its suppliers.

Publication: Your Story (Online)

Date: March 30, 2018

Etailers, Ikea a major help: Centuaryedit

The bedding industry in India has hobbled due to lack of standard bed sizes, but the entry of e-commerce players and international firms like Ikea are likely to put an end to that, Centuary Fibre Plates executive director Uttam Malani said.

Publication: Deccan Chronicle

Date: March 28, 2018

How online furniture platform Pepperfry won the fiscal fitness trophy for FY2018edit

A few years ago, buying furniture online would have been unthinkable. But in 2012, two Mumbai-based professionals  – Ashish Shah and Ambareesh Murty – started up in the sector, and fought their offline competition with funding from Zodius Capital, Bertelsmann, and Norwest Ventures.

Publication: Yourstory

Date: March 28, 2018

Furniture goes Techedit

If you’ re planning to buy Ikea furniture in the future, you should be grateful to Augmented Reality (AR).

Publication: Hyderabad Chronicle (Print)

Date: March 26, 2018

Add personal touch to make your `house your `home`edit

The home is supposed to reflect you and your family. It’s not for pretentious guests or the aunt that maybe shows up twice a year… It’s your home

Publication: Investment Guru (Online)

Date: March 27, 2018

Add personal touch to make your ‘house your ‘home’edit

Your home must reflect your preferences, have a dash of colour, sufficient light and carefully picked curios for a personal touch, suggest experts.

Mia Lundstrom, Creative Director – Life at Home, IKEA, shared:

Publication: Business Standard

Date: March 25, 2018

Sales : Plunging Into Online Mode For Shoppingedit

One cursory glance at the newspaper or scrolling down Facebook ads or google can tell you how many brands are offering goodies for consumers to purchase.

Publication: Businessworld

Date: March 25, 2018

Furniture goes techedit

The idea is that of digital designer Adam Pickard. Let’s hope the concept would take wings in little time.

Publication: The Asian Age

Date: March 25, 2018

We want to be a one-stop solution for the Indian Decor Industryedit

REHAU India has drawn up ambitious plans to be a thousand crore company by 2020.

Publication: Inside Outside (Clip Attached)

Date: March 1, 2018

16 Decor DIYs That Are Cuter And Cheaper Than An Ikea Headboardedit

Designer Geneva Vanderziel of A Pair & A Spare covered an Ikea bench pad ($40) with some denim and a few cleverly placed pins. She then cut a few leather straps to hang the cushion — and to hang the floating shelf above it! Genius.

Publication: Buzzfeed (Online)

Date: March 23, 2018

Beat the heat in styleedit

Add fragrance in the rooms using floating scented candles and fresh flowers. This will not only enhance the beauty of the rooms but also keep you energetic during the long and sultry summer days. Water is a natural heat absorbent and will help in keeping the home cool,” says Dipti Das, head of design, HomeLane.com

Publication: Deccan Herald (Online)

Date: March 23, 2018

Electric Vehicles This Week: IKEA Set To Add EVs To Indian Customer Delivery Fleet; BlackBerry To Provide Software For JLR’s EVsedit

In other news, Swedish furniture giant IKEA has announced that around 20% of its customer delivery fleet in its first year of operations in India will be electric vehicles.

Publication: Inc 42 (Online)

Date: March 22, 2018

Amazon India reportedly closing in on Flipkartedit

Amazon has almost closed the gap with Flipkart’s standalone sales in 2017, behind in GMV marketshare by less than 1percentage point in 2017 from 5 percentage points in 2016, as per Forrester.

Publication: The Economic Times (Online)

Date: March 22, 2018

Godrej Interio’s new ad puts the spotlight on sleep deprivation in Indiaedit

A recent study conducted by Godrej Interio reveals that sleeping post 10pm is clinically declared as an inappropriate time to go to sleep and it triggers a change in the sleeping pattern that leads to sleep deprivation. Godrej Interio launched the sleep@10 campaign last year that focuses on addressing the rising concern over sleep deprivation in India.

Publication: Adgully (online)

Date: March 20, 2018

Amazon.In Doubles Its Specialised Network For Large Appliances And Furnitureedit

Amazon.in announced that it has invested in 6 more specialised Fulfilment Centres (FCs) in Coimbatore, Pune, Lucknow, Gurgaon, Mumbai and Bhopal and 25 additional Delivery Stations exclusively for the fulfilment of Large Appliances and Furniture.  With this launch, Amazon.in, now has a specialised network of 15 FCs spread over 1.3 million square feet with 5 million cubic feet of storage space and 60 delivery stations exclusively to cater to customer needs in over 400 cities.

Publication: Media Infoline (Online)

Date: March 20, 2018

Amazon adds six fulfilment centres for furniture, big appliancesedit

Amazon.in has invested in six more specialised fulfilment centres (FCs) in Coimbatore, Pune, Lucknow, Gurgaon, Mumbai and Bhopal besides 25 additional delivery stations exclusively for the fulfillment of large appliances and furniture.

Publication: Financial Express (Online)

Date: March 20, 2018

Over 90% Indians are sleep-deprived: Studyedit

Commenting on the research findings, Dr. Preeti Devanani, Sleep medicine specialist, Sleep@10 – A Godrej Interio initiative, said, “The time of night when you sleep makes a significant difference in terms of the architecture and quality of your sleep.

Publication: WION (Online)

Date: March 17, 2018

Career guidance for 30,000 II pre-university girl studentsedit

This is part of the Project Disha, in partnership with the IKEA Foundation and the India Development Foundation, which aims to promote economic empowerment of girls and women through skill acquisition, and employment and enterprise opportunities.

Publication: The Hindu (Online)

Date: March 17, 2018

 

Spring cleaning for your home – literally!edit

Sunil Gupta, founder and director, ExportersIndia.com and Apurva Muralidhar, HomeLane Design Partner, have suggested tips:

Publication: Eenadu (Online)

Date: March 19, 2018

GrokStyle’s visual search tech makes it into IKEA’s Place AR appedit

And remarkably for a company trying to break into the home furnishing market, it landed furniture goliath IKEA as its first real customer; GrokStyle’s point-and-search functionality is being added to the IKEA Place AR app.

Publication: Yahoo (Online)

Date: March 17, 2018

Ikea is reinventing its famous meatball with an unexpected ingredientedit

Space10, Ikea’s external future-living lab in Copenhagen, Denmark, has been reinventing Ikea’s iconic meatball.

Publication: Business Insider (Online)

Date: March 16, 2018

Shardul Amarchand Mangaldas advises Pepperfry in raising Rs.250Cr fresh fundingedit

Pepperfry operates an e-commerce business in India and State Street Global Advisors (SSGA) is the asset management arm of State Street Corporation, a New York Stock Exchange-listed investment management firm.

Publication: New Kerala (Online)

Date: March 17, 2018

IKEA Foundation issues a grant for €3.5 million to support women empowermentedit

The IKEA Foundation is proud to announce a new grant for €3.5 million to support its partner PRADAN with its successful women’s empowerment programme in India.

Publication: India Education Diary

Date: March 15, 2018

 

Ikea to add electric vehicles to customer delivery fleet for its first store in Indiaedit

Ikea plans to create electric vehicle charging infrastructure too at its Hyderabad store

Publication: Mint

Date: March 15, 2018

Hitting a home run: Taking the ouch out of the couchedit

Can two startups — Hipcouch and Lockated — woo consumers and realtors with their unique home offerings?

Publication: The Economic Times

Date: March 14, 2018

Shoppers Stop shuts HomeStop store in Vijaywadaedit

Shoppers Stop today said it has closed its HomeStop store in Vijaywada due to lower than expected business and low profitability. The company on March 1 had closed its HomeStop store at Koramangala, Bengaluru, citing the same reason.

Publication: Outlook

Date: March 13, 2018

Every e-commerce player copied our offline strategy: Pepperfry’s Ambareesh Murtyedit

Furniture e-tailer Pepperfry received a funding boost last week when its parent, TrendSutra Platform Services Pvt. Ltd, raised Rs 250 crore ($38.4 million) from US-headquartered asset management company State Street Global Advisors.

Publication: Techcircle

Date: March 12, 2018

Ikea India appoints Peter Betzel as new CEOedit

Betzel will take the lead for Ikea’s expansion into India beginning with the upcoming launch of the first store in the country in Hyderabad.

Publication: The Economic Times

Date: March 12, 2018

IKEA introduces day care benefit for all co-workers in Indiaedit

IKEA, the Swedish home furnishings company, announced a day-care benefit programme for its co-workers at the upcoming stores in India. The facility was flagged off by Peter Betzel, CEO, IKEA India during an event to celebrate International Women’s Day, held at its Bangalore office.

Publication: HR Katha

Date: March 9, 2018

Swedish firms show the way to equalityedit

Swedish companies, around 70 of them in Karnataka, and business entities such as The Swedish Chamber of Commerce in India, IKEA and Sandvik all follow a very high standard in empowering women workers in Sweden and they want to continue the same in India too.

Publication: The New Indian Express (Online)

Date: March 8, 2018

IKEA may look at smaller format stores in Mumbai and Delhiedit

Interview with Patrik Antoni, deputy country manager, IKEA India

Publication: The Financial Express (Clip Attached)

Date: March 3, 2018

Hosting Holi party? Use dupattas for home décoredit

If you are hosting a Holi party at home, first make your walls stain-proof and then decorate the open area with flowers and colourful dupattas, suggest experts.David Teng, General Manager at Decorative Paints, South Asia Cluster, AkzoNobel India; Pramitha Maria Roche, Assistant Design Manager at HomeLane.com; and Vibhor Jain, Director at ArgentOr Silver, have given a few inputs

Publication: The Quint (via IANS flash)

Date: February 28, 2018

Job options growing in Ecommerce, says Pepperfry’s Founder & COO, Ashish Shahedit

To learn more about job opportunities in E-commerce segment, TimesJobs recently conducted High Tea career chat with Ashish Shah, Founder and COO, Pepperfry. He discussed Growing opportunities in e-commerce space with the site users. Here are some notable queries and Ashish’s answers –

Publication: TimesJobs

Date: February 28, 2018

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