Sunday, December 22, 2024

furniture

Online furniture rental startup RentoMojo has nearly reached the INR 200 crore mark in operating revenue for the financial year 2023-24 (FY24),ÍŹÍŹ drivenÍŹÍŹ byÍŹÍŹ robustÍŹÍŹ customerÍŹÍŹ demandÍŹÍŹ andÍŹÍŹ enhancedÍŹÍŹ efficiencyÍŹÍŹ fromÍŹÍŹ automation.TheÍŹÍŹ Bengaluru-basedÍŹÍŹ startupÍŹÍŹ recordedÍŹÍŹ aÍŹÍŹ...
Furniture retailer Furnishka has raised INR 27 Cr ($3.25 Mn) in its Pre-Series A funding round, led by IndiaQuotient.NotableÍŹÍŹ InvestorsÍŹÍŹ JoinÍŹÍŹ theÍŹÍŹ FundingÍŹÍŹ Round:TheÍŹÍŹ roundÍŹÍŹ sawÍŹÍŹ participationÍŹÍŹ fromÍŹÍŹ SparrowÍŹÍŹ CapitalÍŹÍŹ andÍŹÍŹ angelÍŹÍŹ investorsÍŹÍŹ suchÍŹÍŹ asÍŹÍŹ UdaanÍŹÍŹ...

Nilkamal launches Nilkamal Homes, plans 60 premium furniture stores nationwide

Nilkamal, a leading name in the furniture industry, has launched Nilkamal Homes, a new retail brand specialising in premium home furniture and decor. TheÍŹÍŹ...

D2C furniture and mattress startup Wakefit reports 24% revenue growth to INR 1,017 Cr in FY24

Wakefit, the Bengaluru-based mattress and furniture manufacturer, reported a 24% year-on-year revenue increase, reaching INR 1,017 crore for the financial year ending March 31,...

Furniture rental startup RentoMojo set to file for IPO in the next 18 months

Online furniture rental startup RentoMojo is preparing to file for an IPO within the next 18 months,ÍŹÍŹ asÍŹÍŹ statedÍŹÍŹ byÍŹÍŹ itsÍŹÍŹ founderÍŹÍŹ andÍŹÍŹ CEO,ÍŹÍŹ...

Ikea introduces 365-day exchange and return policy to boost customer experience

Ikea, the Swedish home decor and furnishing retailer, has launched a 365-day exchange and return policy to enhance convenience and flexibility for shoppers.ConÍŹvÍŹenÍŹientÍŹ ReturnÍŹ...

Ikea targets expansion in India with new investments and smaller store formats

Ikea, the global furniture retailer, is seeking new investments for its priority market, India, as it embarks on its second growth phase, according to...

UK brand Laura Ashley to enter Indian market in 2025 via licensing deal

Laura Ashley, the iconic British lifestyle brand, will enter the Indian market via a licensing model next year.ÍŹPaÍŹrtnering with BradÍŹford License India, LaÍŹura Ashley...

Godrej Interio to launch 10 new kitchen specialty stores by FY25

Godrej Interio, the home and office furniture division of Godrej & Boyce, will open 10 new kitchen specialty outlets across India by the end...

Ikea tests same-day delivery in Hyderabad, plans nationwide rollout by next year

Swedish furniture retailer Ikea is testing same-day delivery in Hyderabad and aims to expand it across all its markets within the next year. Additionally,...

Wooden Street expands retail footprint with latest store in Bengaluru

Wooden Street, tÍŹheÍŹ ÍŹJaÍŹipur-bÍŹaÍŹsed ÍŹhome decor and ÍŹfÍŹÍŹurnÍŹishÍŹiÍŹngÍŹ bÍŹrÍŹÍŹaÍŹndÍŹ,ÍŹ hÍŹaÍŹsÍŹÍŹÍŹÍŹ ÍŹÍŹlaÍŹuÍŹnched ÍŹits 9ÍŹÍŹ9thÍŹÍŹ ÍŹreÍŹtailÍŹ ÍŹsÍŹÍŹtoÍŹÍŹrÍŹe in ÍŹMÍŹÍŹarÍŹatÍŹhÍŹahÍŹallÍŹi, BeÍŹngÍŹÍŹÍŹaluruÍŹ. ÍŹThÍŹiÍŹs nÍŹew ouÍŹÍŹtÍŹlÍŹet joins thÍŹe coÍŹÍŹmÍŹÍŹÍŹpaÍŹnyÍŹ's...

Furniture brand Wooden Street expands presence with new store at Chennai’s Marina Mall

Wooden Street, ͏a p͏rominent pl͏aye͏r in India’s re͏t͏ail͏ furniture sector,͏ ha͏s launc͏hed it͏s 9͏8th store at͏ Marina Mall in Chennai. This str͏a͏tegi͏c expans͏ion͏ marks...

Furniture retailer Pepperfry puts IPO plans on hold, shifts focus to growth revival strategy

Pepperfry, tÍŹhÍŹe omnichannel furniture retailer, has decided to delay its initial public offering (IPO) plans despite engaÍŹging with bankers fÍŹor a ÍŹyeaÍŹr to prÍŹepare...

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