About HOF
HOF is a company based in Ahmedabad (India) founded in 1986. It operates as a D2C, and B2B. The company has 228 employees as of March 31, 2023. HOF offers products and services including Premium Office Chairs, Executive Desks, and Luxury Sofas. HOF operates in a competitive market with competitors including 10Club, Nestasia, La-Z-Boy, Fabindia and Durian, among others.
- Headquarter Ahmedabad, India
- Employees 228 as on 31 Mar, 2023
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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 Hof Furniture System Private Limited
- Date of Incorporation 15 Feb, 2006
- Jurisdiction Moraiya, Gujarat, India
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Annual Revenue
$7.59 M (USD)25.66as on Mar 31, 2023
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Net Profit
$239.92 K (USD)54.77as on Mar 31, 2023
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EBITDA
$621.07 K (USD)48.32as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
228
as on Mar 31, 2023
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Products & Services of HOF
HOF offers a comprehensive portfolio of products and services, including Premium Office Chairs, Executive Desks, and Luxury Sofas. 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.
Ergonomic chairs for enhanced comfort and productivity in workspaces.
Functional desks blending elegance and support for professional environments.
Sofas designed for style and comfort in office or home settings.
Funding Insights of HOF
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 HOF
| 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 - HOF
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Hof Comparisons
Competitors of HOF
HOF 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 10Club, Nestasia, La-Z-Boy, Fabindia and Durian, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category home products are offered through an internet-first platform.
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| domain | founded_year | HQ Location |
Internet-first brand of multi-category home improvement products
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| domain | founded_year | HQ Location |
Home furniture is manufactured and retailed by La-Z-Boy.
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| domain | founded_year | HQ Location |
Internet first brand of ethnic wear, home furniture, and home decor products
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| domain | founded_year | HQ Location |
Brand of home & office furniture and decor products
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| domain | founded_year | HQ Location |
Handmade home improvement products are sold online through Ellementry.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 HOF
When was HOF founded?
HOF was founded in 1986.
Where is HOF located?
HOF is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
How many employees does HOF have?
As of Mar 31, 2023, the latest employee count at HOF is 228.
What is the annual revenue of HOF?
Annual revenue of HOF is $7.59M as on Mar 31, 2023.
What does HOF do?
HOF India is a leading furniture brand offering premium office chairs, sofas, executive desks, and imported furniture. They blend Italian designs with Indian craftsmanship for high-quality products. Based in Ahmedabad, Gujarat, they operate company-owned stores across India and provide online sales. Their offerings focus on ergonomics and elegance, serving corporate, home offices, and government clients with functional designs.
What products or services does HOF offer?
HOF offers Premium Office Chairs, Executive Desks, and Luxury Sofas.