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Custom furniture platform WoodenStreet to invest $2 million for expansion

WoodenStreet currently has around 30 brick-and-mortar stores and plans to take the number to over 50 through the latest investment round

January 27, 2021 / 04:24 PM IST
WoodenStreet store.

WoodenStreet store.

Custom furniture startup WoodenStreet is all set to expand its reach by opening over 20 new stores with an investment of approximately $2 million this year.

The furniture brand's expansion will raise the store count to over 50. The firm is looking at both franchisee and company-operated brick-and-mortar formats.

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"The very reason behind the expansion of our multiple stores throughout the country is to create a better connection with customers. We want people to not only just visualize, but also feel the quality of furniture that we offer. Henceforth, our aim is to offer our customers a life-changing experience by rendering the exquisite collection of handpicked products," WoodenStreet CEO Lokendra Ranawat said.