Home Furnishing Shop Investment Opportunity in Gurgaon, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.5 million |
Run Rate Sales | USD 1.5 million |
EBITDA Margin | 25 % |
Industries | Home Furnishing Shops + 1 more |
Locations | Gurgaon |
Local Time | 4:03 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
A Singapore-based institutional investor is a lead investor for this round.
Shark Tank winner, this company is a home-to-decor & furniture brand specializing in utility-based designer products, built-in quality, and available at an accessible price point. We aim to become a household name within & outside India in this category competing with global players in terms of design & quality. Working with local artisans makes it easier to maintain quality and provide best-in-industry prices.
Rave review on Shark Tank.
- "I would buy your products", said one of the Sharks.
- We have secured a cheque from a Shark in Shark Tank 2.
- "Very affordable and aesthetic products", said the investor Shark.
Business Highlights.
- ARR of Rs 12 crores with EBITDA of 25%
- The company prides itself on design aesthetics, high quality & authentic raw materials, and price accessibility – making it available for consumers.
- Product categories are very niche and new for the market, hence less competition.
- The company has 7 category bestsellers on Amazon.
- The Company has 4,500 monthly orders and 40% of the total sales come from its own website.
- We've grown 2x+ year on year since inception, with more than 1 Lac customers served, and over INR 25 crores in lifetime sales. We are projecting to be a INR 100 crore brand by the end of FY2025.
- Secured investment from We-founder circle in the past worth INR 35 lakhs so the company is almost bootstrapped.
Home decor, kitchen, dining, furniture, tableware, and serve ware.
Tangible assets - laptops, desktops, photography equipment, warehouse infrastructure such as racks, pallets, and CCTVs.
Have a small rented office in Gurgaon with all office furniture.
There are 2 founders. 80% of the equity with two founders, while 6 investors own 15%, and the rest 5% is with advisors.
The company also has debt funding of INR 1.1 crore.
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3 days, 21 hours agoSoftware Engineer, IT, Kozhikode, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Building Materials, South Australia, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHead Of Design, Technology, San Francisco, Individual Investor / Buyer connected with the Business