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Furniture Startup Woodenstreet Raises $30 Million In Funding Led By Westbridge Capital

Apr 27, 2022•about 3 years ago

Amount Raised

$30 Million

Bengaluru

Description

Bengaluru: Furniture and home decor platform WoodenStreet has raised $30 million in a funding round led by WestBridge Capital at a Rs 1,200 crore ($156 million) valuation in a mix of primary and secondary investment.

Company Information

Company

Wooden Street

Location

Bengaluru, Karnataka, India

About

The company plans to open 200 stores in the next two years and onboard more than 3,000 home decor brands. The Jaipur-based company currently operates more than 50 stores and offers home solutions including solidwood and modular furniture, kitchen and wardrobe , home décor, lighting and furnishings. WoodenStreet said it plans to enter the office and modular furniture markets.

Funding Insights

Based on industry data
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