Company News
Urban Ladder to raise $40 million in new round of fundingedit
Chief executive Ashish Goel said that they spent the last year testing their offline model. He says that now that they know that this works, they are going to expand their offline stores aggressively.
Publication: Business Today (Online)
Date: September 4, 2018
Urban Ladder wants to raise $40 million, will use funds to expand offline presenceedit
For pioneering online furniture retailer Urban Ladder, future growth seems to lie in traditional brick-and-mortar stores. After securing a single-brand-retail trade licence last year, Urban Ladder opened six large-format stores in Bengaluru and Delhi-NCR that now contribute more than one-third of its overall revenue.
Publication: The Economic Times (Online)
Date: September 4, 2018