wordpress blog stats
Connect with us

Hi, what are you looking for?

Junglee co-founders Anand Rajaraman & Venky Harinarayan invest in Urban Ladder

Bangalore-based online furniture store Urban Ladder has secured an undisclosed amount of funding from Cambrian Ventures founding partners Anand Rajaraman and Venky Harinarayan, reports NextBigWhat. Looks like the serial entrepreneurs have invested in their personal capacity and not through Cambrian Ventures, which is an early-stage venture capital firm. The deal size has not been revealed yet. It's worth noting that Ratan Tata had also invested an undisclosed amount in Urban Ladder in his personal capacity, in November last year. Rajaraman and Harinarayan had founded Junglee, which was acquired by Amazon in 1998. Both of them then worked at Amazon - Rajaraman served as the director of technology at Amazon for a couple of years (1998-2000), and Harinarayan served as general manager for the same period. They also co-founded the topic-based web content aggregator Kosmix, and headed WalmartLabs, before founding Cambrian Ventures. This round of funding follows Urban Ladder $50 million Series C round of funding led by Sequoia Capital with participation from TR Capital and existing investors Steadview Capital, Kalaari Capital and SAIF Partners. At the time, the company had said the funds will be used for expanding to new cities, investing in technology and hiring. Urban Ladder funding timeline: July 2014 - $21 million from Hong Kong-based Steadview Capital, and existing investors SAIF Partners and Kalaari Capital. November 2013 - $5 million from SAIF Partners and existing investor Kalaari Capital. August 2012 - $1 million from IndoUS Venture Partners. BuyNBrag acquisition: Urban Ladder acqui-hired the Delhi based startup BuyNBrag in November last year. Post the…

Please subscribe/login to read the full story.
Written By

Free Reads

News

TCA's order stated that Meta combines the data of users who create Threads profiles based on their Instagram accounts without providing users with a...

News

The new policy will allow general distribution of AI-generated writing that is disclosed and is outside the paywall, but will not be eligible to...

News

Microsoft announces an expansion of its Content Integrity tools to the EU, aiming to secure digital content in political campaigns and news organizations.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ