WoodenStreet To Expand its Presence in Bangalore with One More Store
WoodenStreet, India’s finest online custom furniture store, will begin its first tier of expansion in FY 2019-20 by opening the new experience store in Whitefield, Bangalore. It will be the next one after 12 brick and mortar stores were successfully set up in 2018.
Lokendra Ranawat, CEO of WoodenStreet, said, “For WoodenStreet, 2018 was an aggressive year. With mounting up the 12 experience stores by the end of FY 2018-19, it’s the right time to extend this number and bring people closer to the world of solid wood furniture.”
The company cultivates to grow thoroughly with these experience stores of carpet area 3,000-5,000 sq ft in major cities such as Bangalore, Mumbai, Pune, and Hyderabad. With the huge network that caters in 100+ cities across India, WoodenStreet is getting 10,000 website visits daily, and an average selling of 2,000 products per month.
WoodenStreet had raised USD 1 million in its first round of funding from RVCF last year, thereby expanding its reach all over the country. The company is aiming to bi-fold the rise in brick and mortar services by the end of this financial year.