# Lokendra Ranawat

> Lokendra Singh Ranawat is the Udaipur-based co-founder and CEO of WoodenStreet. After working in IT services in India and the UK and co-founding Cognus, he started the furniture venture with Virendra Ranawat, Dinesh Pratap Singh and Vikas Baheti in 2015. His public interviews trace a focus on customization, proximity to Rajasthan’s artisans, in-house manufacturing and experience stores across India.

- **Role:** Co-founder & CEO at WoodenStreet
- **Organizations:** WoodenStreet, Cognus Technology Ltd., Shilpa Mantra, Birlasoft UK, Axis IT&T, Keane
- **Nationality:** Indian
- **Education:** BTech in Electronics & Communication, GSET, Jaipur
- **Known for:** Co-founded WoodenStreet in 2015 and led its development into an online and physical furniture retailer., Featured in YourStory’s 100 Digital Influencers of 2020, as recorded on WoodenStreet’s website., WoodenStreet operated 104 stores across India in the July 2025 Reuters report.

## Career timeline

- **2004** — Graduated in Electronics & Communication from GSET, Jaipur.
- **Before 2015** — Worked in IT services in India and London, including Axis IT&T and Birlasoft UK; co-founded Cognus Technology Ltd. in London.
- **Before 2015** — Co-founded handicrafts portal Shilpa Mantra with Virendra Ranawat.
- **2015** — Returned from London to Udaipur and co-founded WoodenStreet with Virendra Ranawat, Dinesh Pratap Singh and Vikas Baheti.
- **2016** — WoodenStreet opened its first experience store in Bengaluru.
- **2018** — WoodenStreet raised $1 million from Rajasthan Venture Capital Fund.
- **2020** — WoodenStreet raised $3 million in Series A funding led by IAN Fund with RVCF.
- **2022** — WoodenStreet raised $30 million in a Series B round led by WestBridge Capital.
- **2024** — WoodenStreet announced a $43 million Series C round led by Premji Invest in December.

## Achievements

- Co-founded WoodenStreet in 2015 and led its development into an online and physical furniture retailer.
- Featured in YourStory’s 100 Digital Influencers of 2020, as recorded on WoodenStreet’s website.
- WoodenStreet operated 104 stores across India in the July 2025 Reuters report.
- Led WoodenStreet through its December 2024 $43 million Series C fundraising announcement.

## Latest updates

- **2026-04** — Discussed WoodenStreet’s move toward complete home solutions and heritage-inspired collections in an ET Edge Insights interview published April 13.
- **2025-07** — Told Reuters that WoodenStreet had 104 stores and planned to triple its store count in 18-24 months; discussed a ₹1,000 crore revenue and profitability goal and a potential listing.
- **2024-12** — Announced $43 million in funding from Premji Invest on LinkedIn; contemporaneous reports described a Series C round.

## Links

- Website: https://www.woodenstreet.com
- LinkedIn: https://www.linkedin.com/in/lokendra-singh-ranawat-84324117/

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Profile page: https://yespress.io/lokendra-ranawat
Published by YesPress — https://yespress.io
Last updated: 2026-10-07