About Furnic
Furnic was a Financial Services company based in Delhi (India) founded in 2019 by Nikhil Agarwal and Prakhar Rastogi. It provides furniture asset management, installation, maintenance, and rental services. It operates on a B2B model. Its Indian entity Furnic Innovations Private Limited reported revenue of ₹4.2 Lakh. The company is recorded as dissolved. Its focus areas include Services, Furniture Management, Asset Services and Maintenance and Rental.
Company details
Furnic, established in 2019, excels in providing essential services, furniture management, asset services, and maintenance and rental. Provides furniture asset management, installation, maintenance, and rental services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Delhi, India
- Founders Nikhil Agarwal, Prakhar Rastogi
- SectorsFinancial Services
- Website furnic.in
- Social X Facebook
- Legal Name Furnic Innovations Private Limited
- Date of Incorporation 08 Nov, 2019
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹4.2 Lakh
FY 2022 · +345% YoY
- Net Profit₹1.5 Lakh
FY 2022 · 35% margin
- EBITDA₹3 Lakh
FY 2022 · 71% margin
Associated legal entities of Furnic
Furnic operates through Furnic Innovations Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Furnic Innovations Private Limited CIN U36997DL2019PTC357240 | Strike Off | 08 Nov 2019 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Board of directors of Furnic Innovations Private Limited (Furnic)
Furnic Innovations Private Limited is the primary company behind Furnic. The board of Furnic Innovations Private Limited currently have 2 directors; the longest-serving is Ajay Kumar Rastogi, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Kumar Rastogi DIN 08606024 | Director | 08 Nov 2019 | 6 yrs 11 mo | Furnic Innovations Private Limited |
| Nikhil Agarwal DIN 05191331 | Director | 08 Nov 2019 | 6 yrs 11 mo | Furnic Innovations Private Limited |
People of Furnic
2 people are tracked at Furnic (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership | |
| Co-Founder, Director | Leadership |
Complete people profiles for Furnic
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- Full employee list
- Team structure
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Financials of Furnic
Figures of Furnic Innovations Private Limited, the primary company behind Furnic, for FY 2022. Revenue was ₹4.2 Lakh (+345% year on year). Net profit was ₹1.5 Lakh (35% margin). EBITDA was ₹3 Lakh (71% margin).
- ₹4.2 LakhRevenue · FY 2022 · +345% YoY
- ₹1.5 LakhNet profit · 35% margin
- ₹3 LakhEBITDA · 71% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Furnic Innovations Private Limited are on its company page.
Detailed financial statements for Furnic
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Asset Management
3 companies that operate in the same segment as Furnic (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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Frequently Asked Questions about Furnic
Furnic was founded in 2019.
Furnic is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Furnic, Furnic Innovations Private Limited, reported revenue of ₹4.2 Lakh for FY 2022, up 345% year on year.
Furnic, established in 2019, excels in providing essential services, furniture management, asset services, and maintenance and rental. Provides furniture asset management, installation, maintenance, and rental services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Furnic operates through Furnic Innovations Private Limited.
The legal entities of Furnic currently have 2 directors, including Ajay Kumar Rastogi, Nikhil Agarwal.