Karthik Creations

Event Management & Equipment Supplier

Lion Country Supply store in Bengaluru has started selling woodworking supplies to customers from across the country.

The company, which has a network of around 1,000 outlets across the city, has also set up an online store to sell its products. 

Lion Country has a vast network of outlets across Bengaluru, which is a hub for online shopping in the country and the company plans to open a distribution centre in Chennai later this month. 

“We have partnered with the best online retailer in India to make it easier for our customers to get woodworking supply,” said Raman K. Nair, president of Lion Country supply chain. 

In a recent interview, Mr. Nairsaid the company has raised Rs 4,000 crore ($2.9 billion) from Tiger Global Private Equity (TFAP) and private equity firm Blackstone Group. 

This comes in addition to the $2.8 billion Tiger Global invested in Lion Country earlier this year. 

The company has also signed a Rs 3,000-crore manufacturing agreement with the Indian state of Tamil Nadu. 

Its woodworking business is growing at a robust pace. 

Over the past year, Lion Country’s turnover grew from Rs 5,000 to Rs 15,000 ($2 million), Mr. Raman said. 

 “In the current financial year, the turnover of the company grew to Rs 5 crore ($1.6 million) and the revenue grew to $7.6 billion ($7.3 billion),” he added. 

As a result, the company’s business has been able to keep up with demand.

“We are looking forward to expanding our woodworking service to other markets in the future,” Mr. Kumar said.

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