Jaipur-based furniture startup Wooden Street has raised 354 crore rupees (around US$43 million) in a series C funding round led by Premji Invest.

The new capital will expand Wooden Street’s offline presence by opening more stores in metro and non-metro cities and boosting production capabilities.

Premji Invest is joined by investors such as WestBridge Capital, Rajasthan Venture Capital Fund, and the Indian Angel Network Fund.