Indian e-commerce store, Urban Ladder has raised 50 million dollars in new funding led by Sequoia Capital, TR Capital and returning investors Steadview Capital, SAIF Partners, and Kalaari Capital.
According to TechCrunch, the compay, founded in 2012, now lists 4,000 products in more than 35 categories.
Urban Ladder co-founder and chief operating officer Rajiv Srivatsa said that the company will use its new capital to improve its technology by providing better images of products and making it easier for shoppers to browse and purchase items on mobile.
Srivatsa said that Urban Ladder differentiates from other online furniture sellers by being "highly design focused" and offering a "very curated range."
The company will also expand into 30 cities by the end of this year and add new categories to its catalog.
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