Company News
Urban Ladder Draws up 130-cr House Expansion Plan for 2018edit
Furniture retailer Urban Ladder is looking to raise about 130 crore this year to fuel its expansion plans. The round will see participation from at least one new investor apart from the existing investors,†said Ashish Goel, its chief executive.
Publication – Economic Times (Print)
Date – April 20, 2018
Customer-connect a whole new ball game at startupsedit
Experts say that as startups look to hit the profitability mark, it is essential for employees to have a sharper understanding of customer requirements and pain points. New-age companies like Urban Ladder, PhonePe, Wakefit, Go-Jek and CashKaro have, in the past months, scaled up such efforts.
Publication – ET Retail . com (Online), Economic Times (Print)
Date – April 20, 2018
Competition and Industry News
Godrej Interio launches flagship store in Nagpuredit
GODREJ Interio, India’s leading furniture and interior solutions brand launched its flagship retail outlet in India’s Orange City–Nagpur. The 30,000 square foot, state of the art store was recently launched by Vijay Darda, Chairman of Lokmat Media Group and Ajay Sancheti, Member of Parliament.
Publication – The Hitavada (Online)
Date – April 20, 2018
Robots Conquer Tough Human Taskedit
Robots assemble a flat-packed IKEA chair at Nanyang Technological University in Singapore. Sifting through pages of instructions and a fumble of screws and bolts to build the low-cost Swedish furniture may soon be a thing of the past given advances in technology, say researchers at the university.
Publication – Business Standard (Print)
Date – April 20, 2018