Wooden Street has raised a Series B round worth $30 million led by WestBridge Capital. With a mix of primary and secondary investment, the online furniture and home decor startup's valuation reached Rs 1200 crore valuation.
The startup will use the capital for new market expansion, further development of its technology platform, expansion of its supply chain, and creation of new category offerings.
The company's aim has always been to offer products that improve the aesthetics and comfort of Indian homes. We focus on design and innovation, enabling functional and designer items at affordable prices. We are happy to welcome WestBridge Capital, which shares our common vision of creating better products for Indian customers.