{Funding Alert} Wakefit Attracts Major Investors, Raises Rs 186 Cr Ahead of Public Issue
Wakefit Innovations Ltd, the home and furnishings brand, has raised Rs 186 crore from Steadview Capital, WhiteOak Capital, and Temasek-backed Capital…
{Funding Alert} Spacewood Secures Rs 300 Cr from A91 Partners to Drive Expansion
Spacewood Furnishers Pvt Ltd, a leading manufacturer of modular furniture in India, has raised ₹300 crore from private equity firm A91 Partners. The…
Retail India News: IKEA India Unveils New Expansion Plan Focused on Neighbourhood-Size Stores
Swedish home furnishing giant IKEA is shifting its expansion model by launching compact-format stores tailored for urban neighbourhoods and smaller…
Retail India News: Wooden Street Expands Nationwide, Opens New Experience Store in Hyderabad
Jaipur-based home decor and furnishing brand Wooden Street has further strengthened its retail presence with the launch of its 104th experience store…
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Retail India News: Nitori Makes Grand Entry into India with First Store at R City Mall, Mumbai
Nitori, Japan's renowned furniture and home furnishing retail chain, marked its entry into the Indian market with the opening of its first store at R…
Retail India News: Firni Introduces the Exclusive Firni Frost Collection for Christmas
Firni, one of the renowned names in home decor celebrated for its purposeful craftsmanship, has unveiled its exclusive Custom Christmas Collection,…
Japan’s Largest Furniture Retailer Nitori to Enter Indian Market with Mumbai Store Launch
Japan’s leading furniture and home-furnishing retailer, Nitori, will make its debut in India with the opening of its first store at Mumbai’s R City…
Retail India News: New Home Furnishings Brand Firni Launches with Focus on Tradition and Innovation
The newest name in premium home furnishings, Firni, has officially launched, offering a distinctive blend of style, heritage, and modern innovation…
IKEA to Invest Rs 4,000 cr in Retail Stores in UP
Known for its affordable wide range of well-designed, functional home furnishing products, IKEA may have footprints in Uttar Pradesh soon. The…
Patterns Furnishing Expands Offline Presence, Opens New Store in Anna Nagar
Chennai-based Patterns Furnishing, a leading premium store for home furnishings, has opened its third showroom in Anna Nagar catering to the…
IKEA Invests Rs 850 cr in India Unit to Grow Biz
Furniture and home furnishings retailer Ikea has invested an additional Rs 850 crore in its Indian unit as part of its strategy to deepen its…
IKEA to Accelerate Indian Suppliers' Transition to 100 pc Renewable Power
IKEA, the world’s leading omnichannel Swedish home furnishings retailer, announced a new program in India, Poland, and China that supports nearly 1,…
Gap Collaborates with Walmart to Bring First-Ever Home Collection
Gap, the US-based casual lifestyle brand, and multinational retailer Walmart have announced a strategic partnership to launch Gap Home, a new brand…
IKEA Strengthens Omnichannel Presence in India
Swedish home furnishing retailer IKEA has introduced its shopping app in India, in a bid to expand its omnichannel approach in the…
Asian Paints Collaborates with Sabyasachi; Launches Designer Home Furnishing Line
Home furnishing has always played a pivotal role in turning around the décor of one’s home rather quickly, and realizing a rising demand in the…
Bella Casa Ropes In Shraddha Kapoor as Brand Ambassador
Starting 2021 on a blockbuster note, Actor-Singer-Entrepreneur Shraddha Kapoor has come on board as brand ambassador to actively endorse Jaipur-based…
Ikea enters the Indian e-commerce space with online store in Mumbai
Ikea, the Swedish home furnishings major, has opened its online store in Mumbai amid plans to launch retail outlets in the city. The company’s entry…
Home furnishing companies eyeing rapid expansion in India
India has emerged as one of the fastest growing markets for home furnishing products over the last five years. The market is projected to cross Rs 40…
Pepperfry expects its mattress segment to garner Rs 500 cr revenue by 2021
Pepperfry is expecting its mattress segment Clouddio to contribute around Rs 500 crore in its more than Rs 7,000 crore revenue target…
Evok looking to open 25 franchise stores
Evok is the new stop for online furniture shopping with modern furniture designs catering to different styles and needs of customers. It…
Ikea to invest Rs 100cr in warehouse expansion in Chakan
Ikea, the furniture major has decided to invest for additional Rs 100 crore to take more warehouse space in Chakan near Pune. The warehouse will…
Furniture Marketplace Pepperfry Partners With SaffronsStays
Indian furniture and home products marketplace Pepperfry.com has partnered with home-stay provider company SaffronsStays to sponsor its upcoming…
DIPP Approves 2 FDI Proposal In Retail Sector
Two foreign direct investment (FDI) proposals, including that of Damro Furniture worth over Rs 400 crore were approved by the department of…
Home Furnishing Company IKEA To open 6 Stores In NCR
IKEA, the Swedish home furnishings company purchased its first land parcel in Gurugram, Haryana and its fourth one in India after Hyderabad, Mumbai…
Consumers may soon be able to buy IKEA products through other online retailers
Home furnishing retailer, IKEA plans to test selling its products on websites other than its own, as it targets more online customers, the head of…
IKEA store to employ around 700 direct coworkers and create around 1500 indirect job opportunities
IKEA, the Swedish home furnishing retailer, has celebrated the ground-breaking ceremony of its first store in Navi Mumbai. This is a step towards…
Germany's Otto witnesses rise in online sales
Otto, Germany's one of the biggest e-commerce companies has witnessed comparable sales rose 5 percent in its FY16-17. The increased sales are driven…
Furlenco launches new range of furniture at 50% off the original price
Online furniture rental portal, Furlenco has launched a new range of furniture at a 50% reduced cost compared to its current range. The range called…