PARÉ Innovation Pvt Ltd

PARÉ Innovations Pvt Ltd is a design-led, manufacturing company that's redefining how India thinks about surface design. Operating within the building materials and interior design industry, this brand is carving out a unique space in a sector worth billions. PARÉ has built a presence across 180+ Indian cities and now exports to 13 countries, with an ambitious plan to enter over 50 global markets. Their panels aren’t just products—they're tools for transforming spaces, and their design-first approach ensures that these solutions look just as good as they perform.

Core Products and Services

• INNOV+ Panels : This line includes a mix of stylish and practical panel systems:

1. Duo: Offers dual-tone interlocks for layered, textured visuals

2. Soffit: Designed for seamless, clean wood-finish ceilings

3. Louvers: Functional slats that let light and air in, with flair

4. Vertica: Vertical panels with a contemporary aesthetic

• Easy+ Panels: As the name suggests, these are quick to install and ideal when you're working on tight deadlines without compromising aesthetics.

• INNOV2+ Panels: This is where PARÉ’s innovation really shines. Marketed as the world’s first of its kind, INNOV2+ panels come in five stunning variants—Wave, Dome, Stripes, Prism, and Unic. They mimic natural textures like wood, are fire- and water-resistant, and are offered in 20+ colour shades, including dual-tone and pastel options. Best of all, they come with a 10-year warranty.

• Custom Finishes:  With over 45 colour and texture options, PARÉ gives designers a true playground for creativity. They’ve even pioneered finishes and styles previously unseen in India—or globally.

Business Model and Revenue Streams

• B2B Sales to Institutions and Projects: A large chunk of revenue comes from working directly with architects, real estate developers, interior contractors, and infrastructure players. They supply to hospitals, commercial buildings, premium residences, and even government projects.
• Exports and International Markets: With exports already flowing into 13 countries and a formal tie-up with Danube Building Materials in the UAE, PARÉ is scaling fast. Backed by a Series A funding round of ₹72.9 crore at a valuation of ₹540 crore, they’re preparing to enter 50+ global markets in the near future.
• Dealership and Distribution Expansion: To build reach across India, especially in Tier 2 and Tier 3 cities, PARÉ is building a strong dealer and distributor network. This helps them offer better on-ground service and faster delivery timelines.
• B2C Experience Stores (Upcoming): The company is soon launching its own experience stores where consumers can see, touch, and visualise the products in real-world environments—helping expand beyond the B2B world.
• IP and Product Innovation: With more than 15 product lines—many being first-of-its-kind in the world—PARÉ not only manufactures but also leads R&D in this space. Their proprietary technology and design IP are potential revenue channels through licensing or partnerships in the future.