After a little more than a decade, IKEA has probably understood one thing about India – it needs to be flexible to do business in a nation with 1.3-billion population.
With over 2,000 products across 35 categories such as living, dining, bedroom, study, and decor.
After a euphoria of the initial four-five years, the investors can be seen getting wary of the segment or atleast they've holed up themselves into a wait and watch mode.
Moneycontrol's Sakshi Batra chats with Priyanka Sahay to understand the reasons behind Urban Ladder's move.
The layoffs, which happened at multiple levels, brought the company’s headcount to 700
While he declined to share the revenue details, Goel said the company intends to release the half-yearly financial details from the October quarter as the company is looking at becoming a public company.
This is the second time that funds have been raised by the same investors in almost a year. The company had raised USD 15 million in February 2017 from the same investors.
In combination with the USD 15 million raised in January 2017, these funds will be used towards Urban Ladder’s omni-channel expansion, the company said in a statement.
The company also plans open over 20 new studios through a franchisee model in tier 1 and 2 towns, taking the total offline presence to over 40
The current correction in India's startup ecosystem has been caused due to indiscriminate hiring which created a fixed cost problem for startups
The Co-Founder and Chief Executive Officer of BigBasket Hari Menon, said the capital raised will be used to increase the shelf life of fruits and vegetables, which is a huge part of the company's business, and is directly sourced from farmers.
Plan to redo your house? Home owners, nowadays, can take the services of several online portals, which act as a single-point contact to attend to all possible requirements of redoing a house. These portals R
The startup plans to open eight offline stores in its top cities over the next 24 months.
Online trials is not only a tool to attract customers, but also improve conversion rates. Trusting becomes easier for customers, says Peyush Bansal, founder of Lenskart.
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Watch Mint Connect: E-Commerce Summit wherein an esteemed set of panellists from various e-commerce businesses discussed about sustaining growth and revenues in the market.
Operational in six cities -- Delhi-NCR, Bengaluru, Mumbai, Chennai, Pune and Hyderabad -- UrbanClap allows users to book over 80 services, including plumbing, electrical work, beauty, wellness, tutorials and wedding photography.
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Tata, who retired as the head of over USD 100-billion conglomerate in December 2012, has emerged as a major venture capital investor since his retirement. He has made investment in more than a dozen startups since his retirement.
The company will use these investments to beef up hiring, scale up operations and explore new verticals, it added.
The venture fund said it has already made investments in 30 leading Asian start-ups, including Zipdial (recently acquired by Twitter), LiveSpace, Tradegecko, CrayonData, Fastacash and travelmob (acquired by Nasdaq listed HomeAway).
Take a look at the winning entries of Crash the Pepsi IPL and watch TVC shoot of Urban Ladder.