Online furniture market leader Urban Ladder raises Rs 120 Cr from Steadview Capital in Series B round of funding

Steadview leads the round with participation from existing investors SAIF Partners and Kalaari Capital

Online furniture market leader Urban Ladder raises Rs 120 Cr from Steadview Capital in Series B round of funding

Urban Ladder has raised Rs 120 Cr ($21 million) in Series B round of funding, to further strengthen? its presence as the leader in the Indian furniture market. This round is led by Steadview Capital, along with existing investors SAIF Partners and Kalaari Capital. The company had earlier raised $5 million lead by SAIF Partners in November 2013 and $1 from Kalaari Capital in August?12. Urban Ladder was launched in July 2012 with the aim to build a million beautiful Indian homes. It provides furniture solutions in seven leading cities in India.?

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First published on: 16-07-2014 at 10:12 IST
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