Spacewood

Spacewood

Manufacturer of modular furniture

Founded

1996

Headquarters

Nagpur

Status

Late Stage

Company Details

Website

Socials

Email

Phone

+91 - 9545558856

Spacewood is a leading manufacturer specializing in modular furniture with a strong presence in home and office furniture solutions.

Core Products and Services

  • Modular furniture for homes and offices, including kitchens, wardrobes, bedroom and living room furniture

  • Office furniture solutions with a comprehensive range including seating, collaborative setups, wellness and acoustic solutions

  • Pre-hung doors and plywood products such as blockboards and flush doors

  • Customized furniture solutions blending style, innovation, and functionality for residential, commercial, and institutional spaces

Business Model

  • Multi-channel distribution including exclusive brand outlets, retail partnerships, and a large dealer network across India

  • Serving B2B clients (office projects, institutional) and evolving focus on B2C customer segments

  • Offering end-to-end furniture solutions from design to manufacturing and installation

  • Emphasis on quality through use of advanced European and Japanese technology and strong supply chain networks

Revenue Streams

  • Direct sales through exclusive brand outlets and dealer network

  • Partnerships with major retail platforms like Pepperfry, Amazon, and Flipkart for OEM and retail sales

  • Institutional and commercial furniture contracts for offices and large projects

  • Expansion targeting metro, Tier 2 and Tier 3 cities to increase market penetration and sales volume

Key People

Vivek Deshpande

Kirit Joshi

Key Metrics

Total Equity Funding

$45.1Million

No. of Funding Rounds

2

Latest Funding Round

$33.8Million, PE

as of November 5, 2025

Post Money Valuation

$51.2Million

as of November 2, 2015

Funding Multiple

as of N/A

Investors

A91 Partners

and 2 more

Employee Count

819

Similar Companies

The Artment

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
November 5, 2025PE$33.8Million--- A91 Partners

Recent News