WoodenStreet Expands its Retail Network by Opening 10th Store in Delhi NCR

WoodenStreet, a number one furnishings model in India, has reached a significant milestone by opening its 10th retailer in Delhi NCR.

The new retailer, situated in the center of Delhi NCR at South Extension, spanned throughout a carpet space of 4000 sq. ft, at an funding of round INR 2-3 crore.
With an addition of this retailer, the corporate’s presence in the NCR area now extends to a exceptional rely of 10 shops.

The studio showcases WoodenStreet’s beautiful vary of furnishings, which incorporates all the things from front room units, bed room furnishings, and eating room units to workplace furnishings and different house décor objects.

In addition to the brand new retailer, WoodenStreet additionally has a achievement middle in Delhi. Spread throughout an space of 50000 sq. ft.; the ability helps in enhancing WoodenStreet’s enterprise.
Located at Fatehpur Beri, the middle goals to scale back supply timelines in the National Capital Region. It additionally serves roughly 70 % of the order amount in the area. This transfer is in line with the corporate’s dedication to offering a seamless purchasing expertise to clients.

Speaking on the brand new studio launch, Lokendra Ranawat, CEO of WoodenStreet, stated, “North India holds immense significance for us as an important market. The opening of our 10th retailer in Delhi NCR reaffirms our dedication to serving the area and signifies a significant milestone in our journey. Alongside this, the achievement middle represents one other step ahead in our mission to develop our attain and cater to a wider viewers. We are proud to develop our presence and create new work alternatives for folks in the area.”

With 100+ expertise shops, 30+ warehouses, and 30k+ house furnishings & décor merchandise, the model expects to proceed driving buyer delight throughout India, together with Metro, Tier-2 & Tier-3 cities.

The firm’s dedication to high quality, affordability, and buyer satisfaction has been the driving drive behind its success. With its latest growth into the offline market, WoodenStreet is well-positioned for continued progress and success in the years to come back.

In April, final 12 months, WoodenStreet secured $30 million in Series-B funding from Westbridge Capital, a noteworthy achievement for the corporate. As a part of its plans to develop nationwide, the model introduced in October 2022 that it will make investments roughly $20 million.