Is Urban Ladder shutting down?
Urban Ladder is now looking to cut costs as well and speed up delivery by shutting down 3 of its warehouses at its Bangalore headquarters. “Profitability will be a big focus area for us, especially over the next 12 month. We started the journey to become profitable some 15 months back.
Is Urban Ladder sold?
Reliance Industries Ltd (RIL) has acquired online furniture seller Urban Ladder Home Decor Solutions Pvt. Ltd for ₹182.12 crore, expanding its presence in India’s fast-growing e-commerce market.
What is the valuation of urban company?
$2.1 billion
BENGALURU : Urban Co. (formerly UrbanClap) on Wednesday said it has raised $255 million at a valuation of $2.1 billion, making the hyperlocal service provider the latest startup to enter India’s unicorn club.
How much money did Urban Ladder raise?
Struggling online furniture marketplace Urban Ladder has finally been acquired by Reliance Industries Limited or RIL’s subsidiary in a distress sale.
Who invested in Urban Ladder?
Founded in February 2012 by IIM-Bangalore graduates Ashish Goel and Rajiv Srivatsa, the company raised around $120 Mn from top venture capital funds such as Sequoia Capital, SAIF Partners, Kalaari Capital, Ratan Tata’s VC fund, and a hedge fund called Steadview Capital.
Why buy furniture from Urban Ladder?
Trust Urban Ladder with your home furniture needs and enjoy access to premium furniture made from the highest quality materials. When you shop for furniture online from Urban Ladder, you’re assured of a durable product that’ll add immense value to your interior decor.
How to enjoy 2000 off on Urban Ladder home decor solution?
You can enjoy 2000 Off easily on the Urban Ladder Home Decor Solution Private Limited. Enjoy shopping for a new range of furniture and home decor items in the comfort of your home. Choose from living, dining, storage, kids, decor, and bedroom to various hand-picked collections at this store.
What is urbanladder buy back?
Urbanladder buy back offers up to 60\% value back on your furniture. Wide collection of top selling contemporary study tables are listed under this super saving offer. Shop now and take away flat 15\% discount. which would stand out and unique then go shopping at Urbanladder.