Founded in 2015, Wooden Street operates over 100 experience centres as a company-owned company-operated model. It has a vertically integrated supply chain, in-house manufacturing and exclusive experience stores help it offers its products at competitive pricing. Operating across both online and offline channels, it has 102 experience stores, over 20 warehouses and a 15 lakh sqft manufacturing facility.Lokendra Ranawat, co-founder and CEO of Wooden Street, said this funding reflects the trust our customers and investors placed in us. Dinesh Pratap Singh, another co-founder of Wooden Street, said they will use the money to fuel business expansion by scaling retail footprint into large and small cities by opening new stores and enhancing its omni-channel presence. It will expand manufacturing capabilities, diversify product portfolio and strengthen supply chain, he added.In the previous rounds, it was backed by leading investors and has secured around $35 million. Premji Invest has a proven history of investments in high-growth ventures with long-term prospects across sectors. It will support Wooden Street with strategic insights to scale operations, said Kaveesh Chawla, a partner at Premji Invest.

Wooden Street raises ₹354 cr funding from Premji Invest

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.