After Snapdeal, Ratan Tata has picked up stake in UrbanLadder. The investment comes four months after the company raised Series B funding from Steadview Capital and existing investors SAIF Partners and Kalaari Capital.
Mr. Tata understands the furniture space very well, specially our focus on product design since he has a lot of knowledge of the subject. His inputs and guidance will be very valuable for us “[Ashish Goel, CEO & Co-founder, #urban ladder]
Urban Ladder was launched in July 2012 by co-founders Ashish Goel and Rajiv Srivatsa and offers over 1000 products across 25 categories in furniture such as wardrobes, beds, sofas, dining tables and coffee tables.