About Furnitec
Furnitec is a company based in Dhaka (Bangladesh) founded in 2004. It operates as a D2C. Furnitec offers products and services including Sofa Collection, Accent Chair, Bed, Center Table, and Dining Table. Furnitec operates in a competitive market with competitors including Partex Furniture and Shahenoor, among others.
- Headquarter Dhaka, Bangladesh
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Furnitec
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Furnitec
Furnitec offers a comprehensive portfolio of products and services, including Sofa Collection, Accent Chair, Bed, Center Table, and Dining Table. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides comfortable sofas for living spaces with premium materials.
Offers stylish chairs to enhance home decor and seating.
Delivers luxurious beds for restful sleep and bedroom elegance.
Features functional tables for living areas and decor utility.
Presents elegant tables for meals and family gatherings.
Includes versatile tables for various home and office uses.
Encompasses diverse items for general home furnishing needs.
Funding Insights of Furnitec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Furnitec
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Furnitec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Furnitec Comparisons
Competitors of Furnitec
Furnitec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Partex Furniture and Shahenoor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
A brand offering high-quality home and office furniture products.
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| domain | founded_year | HQ Location |
Online retailer offering building materials, molds, resins, and construction supplies in Bangladesh.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Furnitec
When was Furnitec founded?
Furnitec was founded in 2004.
Where is Furnitec located?
Furnitec is headquartered in Dhaka, Bangladesh.
What does Furnitec do?
Furnitec specializes in providing high-quality home and office furniture, including sofas, beds, and dining tables, through an online shopping platform. The company focuses on durable materials and elegant designs to enhance living spaces. Based in Dhaka, Bangladesh, it caters to individual consumers seeking versatile and functional items for residential and commercial use. Products are accessible via their website, with options for browsing and purchasing various categories to meet everyday needs.
Who are the top competitors of Furnitec?
Furnitec's top competitors include Partex Furniture and Shahenoor.
What products or services does Furnitec offer?
Furnitec offers Sofa Collection, Accent Chair, Bed, Center Table, and 3 more products and services.