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Companies

IKEA sees Mumbai among top 30 global markets, makes biggest investment so far

IKEA plans to open a store in Mumbai over the next few monthsThe store in Mumbai will be part of a hub-and-spoke model in line with other major global cities like Paris and Moscow

2 min read26 Nov 2019
Industry

Ikea likely to spend up to ₹180 crore on advertising in 2018-19

Ikea, which is set to open its store in Hyderabad on 19 July, highlights a variety of products starting at as low as 149 in the first television ad campaign

3 min read11 Jul 2018
Industry

Ikea gives its first store in India a local touch

The Ikea store will have a wide range of products with competitive pricing, with 1,000 of them priced under 200

1 min read6 Jul 2018
Industry

Mumbai lags other cities in furniture spending: Ikea executive

A probable reason why Mumbai lags other cities in home furnishing expenditure is the higher cost of living and rentals in the city, says Ikea Maharahtra market manager Per Hornell

2 min read4 Jun 2018
Companies

Ikea may have a price war in store for India

Ikea, the world's largest furniture retailer, known for its range of affordable products, is set to slash prices further to appeal to a wider Indian audience

1 min read1 Jun 2018
Companies

Urban Ladder expects to hit profits by next fiscal year, plans IPO by 2020

CEO Ashish Goel says Urban Ladder intends to release the half-yearly financial details from the October quarter as the company is looking at becoming a public company

2 min read20 May 2018
Companies

Urban Ladder raises $12 million from Kalaari, Saif Partners and others

Urban Ladder has raised an internal round of $12 million which will be used towards its omni-channel expansion, says the company

1 min read1 Mar 2018
Industry

Ikea opens distribution centre in Pune, to invest Rs750 crore in Maharashtra

Ikea India has opened a 2.3 lakh sq ft distribution centre in Pune, on leased land and has pumped in Rs100 crore into this

1 min read11 Feb 2018
Industry

IKEA opens ‘Hej Home’ experience centre in Hyderabad

The IKEA's 'Hej Home' experience centre will give visitors an idea of the kind of products the store, which will open for business in the spring of 2018, will offer

1 min read22 Nov 2017
Companies

Ikea working on lower pricing for India stores

Ikea is working to lower prices of its furniture and home decor products for a larger Indian audience before opening its first store in Hyderabad next year

3 min read27 Mar 2017
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