Additionally, employees have the option to avail additional three months of part-time work (Five hours) at an equivalent pay basis or additional three months of unpaid leave.
The post asked ‘lazy and unmotivated people’ to apply for the position of Sr. Mattress Tester. UrbanLadder received close to 22,000 views for the job post on LinkedIn and over 1000 applications. Applicants included co-founders of other start-ups and employees of some of India’s largest e-commerce websites.
Urban Ladder’s operating revenue grew from INR 11 crores in FY 13-14 to INR 13 crores in FY 14-15, while the losses surged from INR 7.6 crores to INR 58.5 crores in the same period.
Urban Ladder has just announced a new feature on their app that lets people design their own room in a virtual space. The feature lets users create a virtual space resembling their room and pick products from Urban ladder’s collection and then choose to buy. The next version will allow customers to share their designs and get recommendations from others.
Users will be able to check the price and place products in their cart or wish list through the Apple Watch app. The app is synced to the user’s iPhone bringing up more info on a product on their phone. The launch comes just ahead of the Apple Watch’s planned launch in India. The app was conceptualized by the UL team at a hackathon and built by a Bangalore-based tech startup.
When a customer chooses the exchange offer on the website, they receive a 10% discount on the new purchase and the Urban Ladder team picks up the old furniture to ensure it is donated to someone in need. Through a partnership with Milaap, Urban Ladder has partnered with 11 NGOs across Bangalore who will receive the old furniture.
Anand and Venky co-founded Junglee Corp in 1996, and pioneered internet comparison shopping. Technology will be a key driver in Urban Ladder’s growth. The company is working on several tech innovations to solve complex furniture e-commerce problems.
Pepperfry leads on social media with 15,572 mentions whereas Fab Furnish and Urban Ladder is much below -with less than 2000 mentions.
Urban Ladder has raised $50 million in a new round of funding led by Sequoia Capital along with TR Capital and participation from existing investors Steadview Capital, SAIF Partners and Kalaari Capital.