WoodenStreet, backed by WestBridge Capital, aims to quadruple its revenue in three years by expanding its mattress and modular furniture businesses and tripling its store count. The company, which recently raised $43 million, is targeting profitability and a potential IPO amidst India’s growing furniture market. CEO Lokendra Ranawat emphasizes building a sustainable, independent brand, dismissing acquisition possibilities.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets