Wooden Street
| Private | |
| ISIN | 🆔 |
| Industry | Home & Furniture |
| Founded 📆 | 2015 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | India |
Key people | Lokendra Ranawat (CEO),[1] Dinesh Pratap Singh, Vikas Baheti and Virendra Ranawat.[2] |
| Products 📟 | Furniture, home décor |
| Revenue🤑 | ₹500 crore[3][4] |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Wooden Street is an Indian online marketplace for furniture and home décor. The company was founded in 2015 and headquartered in Jaipur, Rajasthan.[5][6] The company's turnover was Rs 2 crore in the first year, 2015-16, and it jumped to Rs 18 crore in 2016-17.[7] In July 2018 the company secured seed capital of $1 million from Rajasthan Venture Capital Fund and $3 million in Series A funding led by IAN fund.[8][9][10][11]
History
Wooden Street was co-founded by Lokendra Ranawat, Dinesh Pratap, Virendra Ranawat and Vikas Baheti in 2015.[12]. The company opened its first offline store in Bangalore in 2016.
Awards
The company is the recipient of Times Entrepreneurs Award 2016, Hindustan Times Excellence Award 2016, and Top Innovator award by SINE (Society for Innovation and Entrepreneurship) IIT Bombay.[13]
References
- ↑ "Sheer curtains, bright blooms, fragrant diffusers, hand-painted planters: Beat that gloom with monsoon décor hacks - Times of India". The Times of India. Retrieved 2021-07-08.
- ↑ Sil, Debarghya (28 August 2020). "This Jaipur-Based Startup Delivers Customized Furniture At Doorsteps". Entrepreneur. Retrieved 2021-07-08.
- ↑ "WoodenStreet to Establish 100+ Stores & Reach Revenues of Rs 500 cr in 2 years". Indian Retailer. Retrieved 2021-07-07.
- ↑ "EXPANSION MODE! This firm rolls out franchise program; plans 100-plus stores in 2 years; 500 employment opportunities". Zee Business. 22 June 2021. Retrieved 2021-07-07.
- ↑ Bureau, Our. "Online custom furniture platform WoodenStreet to invest $4-5 million to expand warehousing capacity". businessline. Retrieved 2021-07-07.
- ↑ "Furniture e-tailer WoodenStreet continues expansion, launches experience stores Gurugram, Noida; to hire store staff". Zee Business. 4 April 2021. Retrieved 2021-07-08.
- ↑ "WoodenStreet invests Rs 5 crore; opens two new stores in Hyderabad - The Financial Express". www.financialexpress.com. 26 February 2020. Retrieved 2021-07-08.
- ↑ Sil, Debarghya (28 August 2020). "This Jaipur-Based Startup Delivers Customized Furniture At Doorsteps". Entrepreneur. Retrieved 2021-07-07.
- ↑ "IAN Fund leads funding in customised furniture startup WoodenStreet". VCCircle. 2 June 2020. Retrieved 2021-07-07.
- ↑ "Online furniture retail soars". 21 June 2021. Retrieved 2021-07-08.
- ↑ "How Wooden Street Carved Out Positive Unit Economics By Tapping Custom Furniture Demand". 8 October 2020. Retrieved 2021-07-08.
- ↑ "Wooden Street Co-Founder Lokendra Ranawat On Selling Custom-Built Furniture Online". 17 November 2015.
- ↑ Leader, The Weekend. "Quartet's online furniture business started with Rs 5 lakh achieves Rs 18 crore turnover in less than three years". www.theweekendleader.com. Retrieved 2021-07-07.
This article "Wooden Street" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Wooden Street. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
