Kalaari-backed Urban Ladder doubles revenue, cuts losses in FY17-18

Kalaari-backed Urban Ladder doubles revenue, cuts losses in FY17-18

Urban Ladder. Photo: Mint

Furniture retailer Urban Ladder Home Decor Solutions Pvt. Ltd’s consolidated revenue doubled in the financial year 2017-18, even as losses narrowed by more than 70%. The company’s focus on expanding its offline stores to reach more consumers, and reducing its burn rate likely helped it both to grow revenue and stem losses.

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