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Spacewood Secures ₹300 Crore from A91 Partners to Boost Modular Furniture Capacity
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Spacewood raised ₹300 crore from A91 Partners at a ₹1,200 crore valuation to scale manufacturing, retail presence, and digital expansion nationwide.
Nagpur-based modular furniture brand Spacewood finalized a ₹300-crore ($36 million) equity infusion led by A91 Partners, valuing the company near ₹1,200 crore. The funding will expand production from 500 to 850 units per day and finance two new facilities across North India. Spacewood aims to double retail presence by FY26 through dealer partnerships and online integration. Revenue for FY25 is projected to surpass ₹800 crore, up 40 percent year over year. Analysts said investor confidence reflects strong consumer demand and manufacturing localization across India’s organized home-furnishing sector.