WoodenStreet has raised $3 million in Series-A funding

Jaipur-based online custom furniture platform WoodenStreet has raised $3 million in Series-A funding from IAN Fund and Rajasthan Venture Capital Funds (RVCF).

The company plans to use this investment to increase its footprint, both domestically and globally.

“The innovation by WoodenStreet to create a tech-enabled furniture buying experience for customers is commendable. It is important for us to look at start-ups which can innovate to sustain in these challenging times,” Saurabh Srivastava, Co-Founder at IAN Fund said.

“The transition of WoodenStreet is really impressive and we are confident that the team will continue to enhance its products and emerge as a leading player in the domain,” he added.