Urban Ladder Acquired
Bengaluru-based online furniture and home-decor retailer, launched in July 2012 by Ashish Goel (CEO) and Rajiv Srivatsa (COO). Grew from an e-commerce-only model into an omnichannel retailer with physical experience stores alongside its website/app. Reliance Retail Ventures Ltd acquired a 96% equity stake for Rs 182.12 crore (~$24.4 Mn) in November 2020.
Urban Ladder: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Nov 2019 ~ | Series E | ₹14.9 Cr | Elevation Capital Sequoia Capital Steadview Capital | source |
| 21 Sep 2018 | Venture Debt | Undisclosed | Trifecta Capital | source |
| Mar 2018 ~ | Undisclosed | $12 Mn | Elevation Capital Kalaari Capital Sequoia Capital Steadview Capital | source |
| Feb 2017 ~ | Undisclosed | $15.2 Mn | Elevation Capital Kalaari Capital Sequoia Capital Steadview Capital | source |
| 24 Aug 2016 | Venture Debt | Undisclosed | Trifecta Capital | source |
| 9 Apr 2015 | Series C | $50 Mn | Sequoia Capital TR Capital Elevation Capital Kalaari Capital Steadview Capital | source |
| 17 Jul 2014 | Series B | $21 Mn | Steadview Capital Elevation Capital Kalaari Capital | source |
| Nov 2013 ~ | Series A | $5 Mn | Elevation Capital Kalaari Capital | source |
| Aug 2012 ~ | Seed | $1 Mn | Kalaari Capital | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 15 Nov 2020 | Reliance Retail Ventures | Urban Ladder | $24.4 Mn | source |
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Who founded Urban Ladder?
Urban Ladder was founded by Ashish Goel, Rajiv Srivatsa in 2012.
How much funding has Urban Ladder raised?
Urban Ladder has raised $106.29 Mn across 9 tracked funding round(s), most recently on 2019-11-01. Figures are compiled from cited public sources.
Who are the investors in Urban Ladder?
Investors in Urban Ladder include Elevation Capital, Sequoia Capital, Steadview Capital, Trifecta Capital, Kalaari Capital.
What does Urban Ladder do?
Bengaluru-based online furniture and home-decor retailer, launched in July 2012 by Ashish Goel (CEO) and Rajiv Srivatsa (COO). Grew from an e-commerce-only model into an omnichannel retailer with physical experience stores alongside its website/app. Reliance Retail Ventures Ltd acquired a 96% equity stake for Rs…
Where is Urban Ladder headquartered?
Urban Ladder is headquartered in Bengaluru, Karnataka, India.
What is Urban Ladder's business model?
Urban Ladder's core value proposition centers on Customised furniture for businesses/institutions, Omnichannel convenience (online + in-store).
How does Urban Ladder make money?
Urban Ladder's cited revenue streams include Direct sale of furniture & home-decor products.