March 3, 2018

Company News

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

Competition and Industry News

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

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