Wooden Street, a furniture and home decor brand from Jodhpur (Rajasthan), has raised ₹354 crore in a Series C funding round led by global investment firm Premji Invest. This is one of the largest capital raises in the home and furniture sector in recent years.
Founded in 2015 by Lokendra Ranawat, Virendra Ranawat, Dinesh Pratap Singh, and Vikas Baheti, Wooden Street has emerged as a household name in India’s furniture market. It is known for its innovative designs, quality craftsmanship, and affordability.
Wooden Street plans to utilise the fresh funding to scale up its retail footprint beyond its 102 experience centres, and expand its manufacturing capabilities, diversify its product portfolio, and strengthen its supply chain.