WallMantra aims to become a 100-crore brand By 2025

-

The home décor brand also plans to get into IoT with home automation and upgrade their 100-online seller network to 300

 by Samiksha

New Delhi, June, 2022: Innovative home decor start-up, WallMantra has seen its turnover go up from ₹ 2 crores to ₹ 20 crores since lockdown. It now aims to reach the Rs 100-crore mark by 2025.  Jitesh Agarwal, CEO of WallMantra, says, “When we started WallMantra in 2017, our goal was to give a trendy décor option - wall decal - at an affordable cost. Last year, our revenue touched Rs 18 crore, which is 10-times more than what we normally make. This has encouraged us to aim higher and reset our goals – we are now aiming to become a 100-crore brand in the next three years.” The plan also includes opening two stores in the NCR region and increasing the number of online sellers on their website.


WallMantra, founded by Jitesh Agarwal, Shivam Agarwal, and Kundan Lal, manufactures and sells an elegant collection of wall decals, wall paintings, mirrors, smart furniture, curtains, bedsheets, and other home decor items. Mr Agarwal, said, “We are currently looking for funding and we require around US $2-million dollar (which is around Rs 15-crore).” Early this year, the start-up received its first biggest investment of Rs 1.95 cr from Fluid Ventures, which they will use for marketing, publicity, and hiring people.

 
The new plans for the e-commerce start-up also include upgrading the numbers of their online sellers and expanding their manufacturing unit. “We already have 50-plus sellers who are live on our website. We want to grow it to 300 sellers in three years,” said the CEO of the home décor brand, adding, “As far as manufacturing goes, we plan to expand from wood and metal stuff to new categories like designer electronics and home automation in the next three years.”
 
The home décor brand hopes to revolutionize the luxury and lifestyle outlook in the country by venturing into designer electronics and home automation. “We will take luxury items like remote-operated curtains and make it accessible to the middle-class Indians,” says Mr Agarwal. The home automation products will not only mark WallMantra’s entry into IoT (Internet of Things), but lend an edge to their image as a home improvement supplier.  The start-up currently has around 2.5 lakh customers and sells over 10,000 products per month.
 
About WallMantra (www.wallmantra.com) : In Operations from 2017, WallMantra has been a pioneer in manufacturing and retailing supreme quality Home Décor & Furnishing products with focus on Innovation and DIY designs. Founded by Industry experienced team of Jitesh Agarwal, Kundan Lal and Shivam Agarwal, the one-stop home decor and furnishing destination is headquartered at Noida. The start-up, which has a PAN India customer base of around 2.5 lakh customers, is now expanding into international markets.

Comments

Post a Comment

Popular posts from this blog

Are ‘Unseen Forces’ Really Driving Political Vendetta Against Darwin Platform Chief Ajay Harinath Singh?

-
Image
by samikha   Mumbai, May, 2024: The scion of Lord Shri Ram's lineage, Darwin Platform Group of Companies (DGPC) Founder and Chairman Ajay Harinath Singh has found himself targeted by unseen forces with vested interests. Retaliating to these ‘unseen forces’ the Darwin Platform Chief emphasized that life threats and malicious campaigns, resulting from political vendetta make him more determined to fight the battle and expose them.  The whispers of a conspiracy began years ago, fueled by jealousy and fear of his growing influence in the 2000s. Coming from a Royal family of Sultanpur (Uttar Pradesh), his popularity in the state and Maharashtra unnerved many political parties that used to govern. Aligned with sacred lineage, his passion for nation-building and Hindutva made him popular among people and the BJP, however, this antagonized Congress and their current allies. Questions are many- Was the Congress party, in its bid to maintain its hold on power, orchestrating a campaign t...
Read more

Dell Technologies Reimagines Work with New PCs, Monitors and Software Experiences

-
Image
     by Samiksha   ·         Work smarter than ever before with the industry’s most intelligent [i] , secure [ii]  and sustainable [iii]  business PCs ·          5G-capable PCs and Microsoft Teams certified displays unlock enhanced connectivity and collaboration ·          Dell elevates sustainability standards with first commercial  PCs to use bioplastics from tree waste ·         Built-in low blue light and security technology enhance and secure the customer experience Bangalore, India -January, 2021;   Dell Technologies (NYSE:DELL) unveiled new products and software that reimagine work so anyone can perform at their best. With a new portfolio of intelligent, collaborative and sustainable devices, Dell is transforming work experiences to give people greater flexibility to work from anywhere. “Peopl...
Read more

‘Dennkur’ The World’s First Curcumin Pastille For Oral Health Care Launched

-
Image
The World’s First Curcumin Pastille For Oral Health Care Launched In Mumbai   Mumbai, March 07:  For the first time in the field of dentistry, Curcumin – a concentrated extract of turmeric with its excellent therapeutic effects has made its way as a pastille for preventive oral health care. This first of its kind pastille christened ‘Dennkur’ was launched in Mumbai yesterday and will be available with dentists across the country. The product has been introduced by Denteks, leading experts in dental technology of which Dr. Nirupam K Doctor and Dr. Lalit K Chokhani launched the breakthrough product in the presence of several eminent doctors and researchers. The 100 per cent ayurvedic and sugar-free medicine is backed by clinical and social trials and has proved to be highly effective in preventive and therapeutic applications in a variety of oral diseases including bleeding gums, receding gums, gingivitis, and periodontitis, among others. “...
Read more