Online furniture space has seen its shares of ups and downs in the past 6-7 years. The two major players — Pepperfry and UrbanLadder promised to change the way Indians would buy furniture. While they brought some changes to a chunk of urban buyers, UrbanLadder hasn’t been able to scale up and raise capital as compared to its peers.
UrbanLadder had downscaled operations and wasn’t able to rake in regular capital but Pepperfry managed to raise $40 million in February led by Pidilite Industries.
Continue reading Pepperfry’s valuation touches $462 Mn after Pidilite deal at Entrackr.