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Luxury Furnishing Business Investment Opportunities in Gurgaon

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Luxury Furnishing Startup Investment Opportunity in Gurgaon, India

Startup incubated at IIT Kanpur building smart furniture seeking investment to launch in India, and USA.
- We design and sell luxury sleep solutions like mattresses, pillows, etc. - We follow a D2C business model. - We have been incubated at IIT Kanpur, NASSCOM (Gurugram), Kazan OIC Forum (Russia), and we are reinventing the sleep solutions market by building smart mattresses (where end user can track health vitals or even change temperature) - We have a capex light model where we focus on intellectual property and brand equity and outsource manufacturing. - Founder was felicitated by IIT and IIM Indore in 30 Under 30 and has 7+ years of experience in the startup ecosystem being associated with UN, Microsoft, ADB, Mamaearth, and Zee Labs. In his last role, he was the Chief Growth Officer of Zee Labs ($100 Million Pharma Group) - The startup was launched at the beginning of this year and so far had a pilot of 2 months with USD 3,000 in sales. - The current model is capex light where we develop technology, design, and brand and have manufacturers which manufacture according to our guidelines and QA. They even hold inventory for us. - The business is in the process of being incorporated as a private limited entity.
7.7   Gurgaon
Run Rate Sales
USD 16 thousand
EBITDA Margin
30 - 40 %
Financial Investment
USD 130 K for 7%
Contact Business

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