India Inc’s growing appetite for dotcoms
With an increasing number of consumers looking for digital offerings, big boys Reliance Industries and Tata group are scouting for online assets to ramp up their retail offerings.
With an increasing number of consumers looking for digital offerings, big boys Reliance Industries and Tata group are scouting for online assets to ramp up their retail offerings.
Urban Ladder—once a darling of investors—saw a drastic reduction in its valuation and was sold to Reliance Retail Ventures at a much lower price. Where did it go wrong?
The furniture retailer’s CEO and co-founder Ashish Goel says the company’s decision to cut overheads and lay off some employees will see it turn a profit before tax in the April-June quarter.
Urban Ladder’s co-founder and chief operating officer, Rajiv Srivatsa, talks about the company’s plans to scale up business, and how tech would help improve customer experience at its stores.
Urban Ladder has the ingredients for a great brand story. It now has to make the business work.
Urban Ladder started off its journey as a solely online player in 2012 and by 2017 it opened its first offline store. Now, the company aims to open 15 - 20 stores across India by March next year.
The Mumbai-based company expects to become a profitable venture over the next 12-18 months