Junglee Founders Venky Harinarayan and Anand Rajaraman Invest in Urban Ladder

Image Source: UrbanLadder

Image Source: UrbanLadder

After securing $50 million in funding led by Sequoia Capital earlier this month, now Bangalore based, online home decor retailer Urban Ladder has raised an undisclosed amount from Junglee Founders Venky Harinarayan and Anand Rajaraman.

As per a VCCircle report, the new funding will be used to ramp up its technology platforms.

In November 2014, Ratan Tata has invested in the firm. In July 2014, the company had received $21 million in Series B round led by Hong Kong-based Steadview Capital. Previously, it had secured two rounds in Series A funding viz. USD 5 million in November 2013 and USD 1 million in August 2012.

Launched in 2012 by IIT & IIM graduates Ashish Goel and Rajeev Srivatsa. Urban Ladder is an eCommerce company providing furniture products and home decor.

The other players in the similar space include FabFurnish, HomeLane, Pepperfry.com, and CustomFurnish which has recently raised funding.