January 4, 2019

Company News

Urban Ladder And How It Became A Success Todayedit

The last ten years in the startup world have been exciting. The field completely changed from what it was earlier. One of the new startups to emerge during this period was Urban Ladder, a startup which redefined the way people bought furniture online. Here’s taking a look at the journey of Urban Ladder to become a success!

Publication: Startup Stories (Online)

Date: January 2, 2019

Competition and Industry News

IKEA India’s net loss widens 114% to Rs. 368 crore in FY18edit

IKEA India Private Limited, part of Swedish retail firm’s net loss widened 114% to Rs 368 crore, for the year ended March 2018, as per financial data accessed by business intelligence platform, Tofler. The company’s net loss stood at Rs 172.2 crore in FY17. Total revenue too declined 17.6% to Rs 41.5 crore in FY18. The retailer had reported revenues of Rs 50.4 crore in FY17. An email sent to IKEA India Private Limited is yet to elicit any response.

Publication: The Economic Times – Brand Equity (Online)

Date: January 3, 2019

IKEA
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