# The Wooden Street Furniture Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-wooden-street-furniture-private

- Industry: Consumer Products
- Headquarters: Jaipur, India
- Website: www.woodenstreet.com
- Total disclosed funding: $76M
- Latest round: Series C (Dec 7, 2024)
- Investors on record: 4

## About

The Wooden Street Furniture Private Limited, based in India, specializes in crafting high-quality wooden furniture and home decor, offering both ready-made and customized products to meet diverse consumer needs.Founded in 2015 in Jaipur, India, The Wooden Street Furniture Private Limited designs and sells a variety of wooden furniture. The company has completed a total of 6 deals, with its most recent funding round being a Series C in December 2024, where it raised USD 43.00 mn led by PremjiInvest. The firm was established by Dinesh S., Lokendra Ranawat, Vikas Baheti, and Virendra Ranawat, with Lokendra Ranawat currently serving as the CEO.Wooden Street specializes in a wide range of wooden furniture and home decor products, offering both ready-made and customized solutions to meet diverse customer needs. Their core offerings include sofas, beds, dining tables, wardrobes, and various home furnishings, all crafted from high-quality materials such as Sheesham wood, mango wood, and engineered wood. Each product is designed to enhance comfort and functionality in residential spaces. The company targets a broad customer base, including individual homeowners, interior designers, and businesses across India. Wooden Street's online platform enables it to reach customers in key markets such as Bangalore, Chennai, Hyderabad, and Jaipur, ensuring that consumers across the country have access to their extensive product catalog.In the most recent fiscal year, 2023, The Wooden Street Furniture Private Limited reported a revenue of USD 24,199,296.60 and an EBITDA of USD 878,795.50, primarily generated through direct-to-consumer sales via its online platform. Their transaction structure allows customers to browse products, customize them, and complete purchases online. Flagship products such as the Walken Sheesham Wood Bed and Mcbeth Storage Dining Table are key contributors to their revenue. Additionally, the company operates over 100 experience stores across India to enhance customer engagement and facilitate direct interactions.In December 2024, The Wooden Street Furniture Private Limited raised USD 43.00 mn in Series C funding led by Premji Invest, which will be utilized to expand its market reach. The company is also focused on launching new products designed to enhance their offerings and is exploring expansion into additional geographic regions to increase its footprint. These strategic initiatives aim to position Wooden Street for substantial growth in the evolving furniture market.

## Funding rounds

- Series C, Dec 7, 2024, $43M — PremjiInvest
- Series B, Apr 21, 2022, $30M — Rajasthan Asset Management, WestBridge Capital Partners, Indian Angel Network
- Series A, Jun 2, 2020, $3M — Rajasthan Asset Management, Indian Angel Network
- Series A, Jul 19, 2018, $0.4M — Rajasthan Asset Management

## Investors

- Rajasthan Asset Management (https://capitalatlas.ai/funds/rajasthan-asset-management) — Series A, Series B
- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A, Series B
- WestBridge Capital Partners (https://capitalatlas.ai/funds/westbridge-capital-partners) — Series B
- PremjiInvest (https://capitalatlas.ai/funds/premjiinvest) — Series C