Duroflex

Alappuzha, India Founded: 1963 • Age: 63 yrs Minicorn
Internet first brand of mattresses

About Duroflex

Duroflex is a Consumer company based in Alappuzha (India) founded in 1963. Duroflex has raised $82.8 million across 3 funding rounds from investors including Norwest Venture Partners, Northwest Capital and Lighthouse Funds. The company has 527 employees. Duroflex was last valued at $312.24 million in October 2021. Its chief executive is Sridhar Balakrishnan. Its website duroflexworld.com draws about 476 thousand monthly visits. Its Indian entity Duroflex Limited reported revenue of ₹1,153 Cr. Duroflex offers products and services including Orthopedic Mattress, Fabric Sofa, Pillow, and Waterproof Protector. Its focus areas include Consumer Goods, Home Furnishing Products, Home Textiles and Home Linen. Its competitors include Ethan Allen, Bent Chair, The Artment, Micro Cotton and GM Fabrics and 2 more; 2 of its 7 listed competitors have raised funding.

Company details

Internet first brand of mattresses. It offers products like pillows, latex mattresses, and protectors. It also offers a wide range of mattress types to cater to different sleeping preferences and needs.

  • Headquarters Alappuzha, India
  • Employees 527
  • Stage Minicorn
  • Sectors
    Consumer
  • Website category Home and Garden · Furniture
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website duroflexworld.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Duroflex Private Limited
  • Date of Incorporation 09 Nov, 1981
  • Jurisdiction Alappuzha, Kerala, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹1,153 Cr

    FY 2025 · +4% YoY

  • Net Profit
    ₹47.16 Cr

    FY 2025 · 4% margin

  • EBITDA
    ₹97.98 Cr

    FY 2025 · 8% margin

  • Total Equity Funding
    $82.8M (USD)

    in 3 rounds

  • Latest Funding Round
    $60M (USD), Series C

    Oct 2021

  • Investors
  • Employee Count
    527

Products & Services of Duroflex

Duroflex offers a comprehensive portfolio of products and services, including Orthopedic Mattress, Fabric Sofa, Pillow, and Waterproof Protector.

Orthopedic Mattress
Mattress

Designed for spinal support and enhanced sleep comfort.

Fabric Sofa
Furniture

Comfortable seating option for living rooms and relaxation.

Pillow
Accessory

Provides ergonomic support for better neck and head positioning.

Waterproof Protector
Accessory

Protects mattresses from spills and maintains hygiene.

Apps and channels of Duroflex

its YouTube channel Duroflex World has 49.2K subscribers and 30 videos.

Duroflex World
YouTube 49.2K subscribers 30 videos Science & Technology
Open channel

Videos from Duroflex

The most watched videos on Duroflex's YouTube channel, Duroflex World (49.2K subscribers). Click a video to play it here.

Duroflex is RCB's Choice
4.7M views
Sona Chahiye Toh Sona Zaroori Hai | Inspire Institute of Sport X Duroflex | Olympics 2024|
4.7M views
Duroflex 5 Zone Dual Density Technology
2.1M views
Back Magic From Our Duropedic Range | Recommended by Doctors and Loved by Virat Kohli
930.6K views

More on Duroflex World.

Funding Insights of Duroflex

Duroflex has successfully raised a total of $82.8M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $82.8M
  • Total Rounds 3
  • Last Round Series C — $60M
  • First Round $908,082

    (Jan 2009)

  • Investors Count 6

All 3 funding rounds of Duroflex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$60MSeries C$312.24MNorwest Venture Partners, Northwest Capital
–
Oct 2018$21.89MSeries B$94.07MLighthouse
–
Jan 2009$908,082Angel Round$•••••Mathew M Mathew, Lawrence J Kodiyanplakkal
–
Valuation history
DateValuationStage
Oct 2021$312.24M••••••••
Oct 2018$94.07M••••••••
Jan 2009$•••••••••••••
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Full valuation and stage history of Duroflex

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Last known valuation $312.24M (Oct 2021). 6 investors in total: 3 institutional and 3 angel.

Investors in Duroflex

Duroflex has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Norwest Venture Partners, Northwest Capital and Lighthouse Funds.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States
Investment funds for Indian startups are managed by Lighthouse.
–lhfunds.comMumbai, India

Mathew M Mathew

-
–unknown_5609f1c3cf544a1fa-

Lawrence J Kodiyanplakkal

-
–unknown_9e7b8fd43bcb4b1cb-

Mathew Joseph Moozhayil

-
–unknown_de22fad4fcaa4c269-
Operates as a diversified LP secondary investment firm.
2004northwestcap.comToledo, United States
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Investor details for Duroflex

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Verified entity values are shown only after access is granted.

Board of directors of Duroflex Limited (Duroflex)

Duroflex Limited is the primary company behind Duroflex. The board of Duroflex Limited currently have 10 directors; the longest-serving is Mathew Antony Joseph, appointed in 2011. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mathew Antony Joseph
DIN 03499210
Whole-time director18 Mar 201115 yrs 6 moDuroflex Limited
Mathew George
DIN 03499253
Whole-time director18 Mar 201115 yrs 6 moDuroflex Limited
Mathew Chandy
DIN 05289633
Whole-time director23 Apr 201214 yrs 5 moDuroflex Limited
Jacob Joseph George
DIN 06603830
Managing Director04 Jun 201313 yrs 4 moDuroflex Limited
Rajat Rastogi
DIN 07403227
CFO07 Sep 20224 yrs 1 moDuroflex Limited
Sridhar Balakrishnan
DIN 08699523
CEO20 Nov 20232 yrs 10 moDuroflex Limited
Pawan Agrawal
DIN 08863625
Director09 Sep 20251 yr 1 moDuroflex Limited
Amita Maheshwari
DIN 02891889
Director09 Sep 20251 yr 1 moDuroflex Limited
Shreyans Daga
DIN 07402851
Director22 Sep 20251 yrDuroflex Limited
Anusha Mahalingam
DIN 06418747
Director06 Oct 20251 yrDuroflex Limited

People of Duroflex

29 people are tracked at Duroflex (13 in leadership, 16 in team); the tracked headcount is 527.

NameRoleGroup
CEOLeadership
Managing DirectorLeadership
Arockia A
General Manager HR IRLeadership
Jayendra Katti
Head Creative ServicesLeadership
Vipul Kumar
Vice President And Head - Product Engineering And SustainabilityLeadership
Mathew Thomas
President And Business Head - B2bLeadership
Sabu Paul
Head Of Quality ControlLeadership
Mohammad Parvej Khan
Zonal HeadLeadership
Nandish Koppram
Legal HEAD AND ComplianceLeadership
Viren Kumar
General Manager - B2b SalesLeadership
Mohammad Ilyas Shaikh
Assistant Vice PresidentLeadership
Muthuk Kalimuthu
Assitant General Manager - Key AccountsLeadership
Sagar P
Head Of Talent Acquisition & Process ExcellenceLeadership
John Bosco
Senior Executive Human ResourcesTeam
Kaviyarasu Parasuraman
Human Resources ExecutiveTeam
Riyaz G
Assistant ManagerTeam
Rati Vadehra
Senior Brand Marketing ManagerTeam
Shraddha Kadwekar
Senior Brand ManagerTeam
Mirza Ashfaque Beg
Sales And Marketing SpecialistTeam
Prashanth Yellavula
Human Resources Manager Compensation BenefitsTeam

9 more people are available in the full profile.

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Financials of Duroflex

Figures of Duroflex Limited, the primary company behind Duroflex, for FY 2025. Revenue was ₹1,153 Cr (+4% year on year). Net profit was ₹47.16 Cr (4% margin). EBITDA was ₹97.98 Cr (8% margin). Revenue has grown at a compounded annual rate of +9% over three years and +22% over five years.

  • ₹1,153 CrRevenue · FY 2025 · +4% YoY
  • ₹47.16 CrNet profit · 4% margin
  • ₹97.98 CrEBITDA · 8% margin
  • ₹9.56 CrPaid-up capital
  • 527Employees (provident fund records)
  • +9%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Duroflex Limited are on its company page.

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Detailed financial statements for Duroflex

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Duroflex

4 dated milestones of Duroflex across 58 years, from founding to its latest funding, stage changes and deals.

  1. Founded Duroflex is founded.
  2. Funding First funding round of $908K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $60.0M.

Competitors of Duroflex

Duroflex has 7 listed competitors in our database, 2 of them funded. They include Ethan Allen, Bent Chair, The Artment, Micro Cotton and GM Fabrics, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ethanallen.com1932Danbury, United States–3,748
Luxury home furnishings are provided across multiple categories.
bentchair.com2016Delhi, India$53,95314
Online store selling branded furniture & home decor
theartment.com2019Gurugram, India$534,08725
Multi-category home decor and improvement products are provided.
microcotton.com1932Coimbatore, India–604
A brand specializing in luxury home linen products.
gmfabrics.com1968Mumbai, India–613
A premium brand specializing in high-quality home textiles.
notjustbrown.com2003Chennai, India––
Offers exclusive home furniture including sofas, beds, and dining sets for customers.
christytextile.com2014Tiruchengode, India–18
Manufactures and supplies high-quality cotton towels, bathing accessories, and custom fabrics.
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Detailed competitors of Duroflex

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Web traffic of Duroflex

The website of Duroflex (duroflexworld.com) receives about 475.7K visits a month and ranks #93,629 among all websites worldwide, #1,190 in Furniture.

  • Monthly visits
    475.7K

    ▼ 3.1% vs previous month

  • Unique visitors
    279.9K

    per month

  • Global rank
    #93,629

    among all websites

  • Category rank
    #1,190

    Home and Garden · Furniture

Similar websites

Websites whose visitors overlap most with Duroflex. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
wakefit.co
100%
5.8M#9,435View details
mysleepyhead.com
mysleepyhead.com
98%
–#126,946–
mysleepwell.com
mysleepwell.com
91%
–#54,595–
pepperfry.com
83%
3M#17,906View details
kurlon.com
79%
275.5K#129,363View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Home & Living Products

10 companies that operate in the same segment as Duroflex (Home & Living Products), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 527.28 M––
App based platform to connect users with local service professionals
2008San Francisco, California, United StatesUSD 698.85 M––
Provider of FMCG conglomerate products
1837United States–USD 457.23 M923
Multi-category products are rented via subscription model.
2014Bengaluru, Karnataka, IndiaUSD 58.71 MUSD 14.82 M422
Multi-category home improvement products are sold online by Wayfair.
2002Boston, Massachusetts, United StatesUSD 523.3 MUSD 12.46 B13,500
AI-enabled smart mattress covers and thermoregulated bedding are provided.
2014New York, New York, United StatesUSD 325.12 M–61
Multi-category home improvement products are sold through an internet-first brand.
2010London, England, United KingdomUSD 135.9 M––
Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipment
1924Osaka, Osaka Prefecture, Japan–USD 29.47 B96,337
Mattresses and bedding are provided by an internet-first brand.
2014New York, New York, United StatesUSD 341.3 M––
Internet-first brand offering multi-category home furniture
2012Bengaluru, Karnataka, IndiaUSD 108.06 MUSD 26.92 B43,024
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Related news about Duroflex

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Frequently Asked Questions about Duroflex

Duroflex was founded in 1963 and raised its 1st funding round 46 years after it was founded.

Duroflex is headquartered in Alappuzha, India. It is registered at Alappuzha, Kerala, India.

Sridhar Balakrishnan is the current CEO of Duroflex.

Duroflex is a funded company, having raised a total of $82.8M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $908.08K, raised on Jan 2009.

Duroflex has 527 employees.

The primary company behind Duroflex, Duroflex Limited, reported revenue of ₹1,153 Cr for FY 2025, up 4% year on year.

Internet first brand of mattresses. It offers products like pillows, latex mattresses, and protectors. It also offers a wide range of mattress types to cater to different sleeping preferences and needs.

Duroflex's top competitors include Ethan Allen, The Artment and GM Fabrics.

Duroflex offers Orthopedic Mattress, Fabric Sofa, Pillow, and Waterproof Protector.

Duroflex has 6 investors. Key investors include Norwest Venture Partners, Northwest Capital, Lighthouse Funds, Mathew M Mathew, and Lawrence J Kodiyanplakkal.

The valuation of Duroflex is $312.24M as of Oct 2021.

Duroflex operates through Duroflex Limited.

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