April 26, 2018

Company News

Urban Ladder is bonding over books at workedit

While celebrating “Home Library Week” in April, furniture and décor retailer Urban Ladder posted an Instagram story detailing what their team was reading. The book titles were as diverse as the team member profiles.

Publication – Mint (Print) LiveMint (Online)

Date – April 26, 2018

Superhero Sketch Workshopedit

At this workshop, you will learn the art of sketching superheores. This session is packed with fun and frolic. Learning this art will be a great pass time for the kids this summer.

Date: April 28

Time: 11 am

Venue: Urban Ladder, Domlur

Publication – Deccan Chronicle (Print)

Date – April 26, 2018

Competition and Industry News

With Walmart, Flipkart Will Take The Battle For Indian Retail To Householdsedit

With the impending deal, Flipkart hopes to leverage Walmart’s capabilities in the household segment, a chunk Amazon will be aggressively pursuing. This will change the retail scene altogether with both the e-commerce rivals adopting offline formats, capturing 80% of the market as they broaden their product offerings. This will make survival for non-niche players like Snapdeal difficult.

Publication – Business World (Online)

Date – April 26, 2018

Ola sets up ‘Safety Council’ for road safety; Amazon launches video-enabled Echo Spotedit

Online home and lifestyle store Pepperfry aims to make the new home décor category’s contribution to their overall revenue 35 percent this fiscal, up from the current 22 percent. With the newly gained funds of Rs 250 crore, the Mumbai-based company is taking the next big step towards profitability. Investing about Rs 9 crore, this six-year-old company, which has so far showcased itself as an online furniture destination, is pushing home décor now.

Publication – YourStory (Online)

Date – April 26, 2018

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