About Honecore
Honecore is a company based in Bengaluru (India) founded in 2007. Doors, furniture, and packaging solutions are manufactured. Its chief executive, as recorded, is Abhijeet Makhijani. Its Indian entity Lsquare Eco-Products Private Limited reported revenue of ₹23.34 Cr. Honecore offers products and services including Paper Honeycomb Packaging and Shipping Boxes.
Company details
Honecore was founded in 2007 and is headquartered in Bengaluru, India. Operations focus on the manufacturing sector, where doors and furniture are produced alongside packaging solutions for industrial and commercial use. The company serves domestic markets primarily, with processes centered on quality-controlled production. Leadership is held by CEO Abhijeet Makhijani, overseeing strategic directions in these areas.
- Headquarters Bengaluru, India
- Email••••••••
- Phone•••• ••••
- Website honecore.com
- Social LinkedIn X
- Legal Name Lsquare Eco-Products Private Limited
- Date of Incorporation 25 Jun, 2007
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹23.34 Cr
FY 2025 · +11% YoY
- Net Profit₹15.1 Lakh
FY 2025 · 1% margin
- EBITDA₹2.01 Cr
FY 2025 · 9% margin
- Investors
Associated legal entities of Honecore
Honecore operates through Lsquare Eco-Products Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lsquare Eco-Products Private Limited CIN U24219KA2007PTC043220 | Active | 25 Jun 2007 | Bangalore, Karnataka | ₹23.3 Cr | 76 | 6 | View details |
Products & Services of Honecore
Honecore offers a comprehensive portfolio of products and services, including Paper Honeycomb Packaging and Shipping Boxes.
It is employed in the development of sustainable packaging options for diverse industries, helping to minimize environmental impact through the use of recyclable materials.
These are utilized for secure and eco-friendly transportation of goods across sectors like appliances and automotive, ensuring protection while reducing waste.
Funding Insights of Honecore
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Honecore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2011 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Honecore
Honecore has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CreedCap Asia Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Small & middle market focused boutique investment bank | 2010 | creedcapasia.com | Bengaluru, India |
Investor details for Honecore
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Lsquare Eco-Products Private Limited (Honecore)
Lsquare Eco-Products Private Limited is the primary company behind Honecore. The board of Lsquare Eco-Products Private Limited currently have 6 directors; the longest-serving is Gaurav Modi, appointed in 2007. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gaurav Modi DIN 01510681 | Director | 25 Jun 2007 | 19 yrs 4 mo | Lsquare Eco-Products Private Limited |
| Rohit Bhandari DIN 01757524 | Director | 25 Jun 2007 | 19 yrs 4 mo | Lsquare Eco-Products Private Limited |
| Abhijeet Makhijani Suresh DIN 01510568 | Director | 25 Jun 2007 | 19 yrs 4 mo | Lsquare Eco-Products Private Limited |
| Praveen Crasta DIN 01757446 | Director | 25 Jun 2007 | 19 yrs 4 mo | Lsquare Eco-Products Private Limited |
| Prajwal Antony Crasta DIN 06421434 | Director | 04 Feb 2015 | 11 yrs 9 mo | Lsquare Eco-Products Private Limited |
| Jacob Crasta DIN 00165478 | Director | 03 Sep 2015 | 11 yrs 2 mo | Lsquare Eco-Products Private Limited |
People of Honecore
1 people are tracked at Honecore (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Honecore
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Honecore
Figures of Lsquare Eco-Products Private Limited, the primary company behind Honecore, for FY 2025. Revenue was ₹23.34 Cr (+11% year on year). Net profit was ₹15.1 Lakh (1% margin). EBITDA was ₹2.01 Cr (9% margin). Revenue has grown at a compounded annual rate of +15% over three years and +21% over five years.
- ₹23.34 CrRevenue · FY 2025 · +11% YoY
- ₹15.1 LakhNet profit · 1% margin
- ₹2.01 CrEBITDA · 9% margin
- ₹95.8 LakhPaid-up capital
- 76Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lsquare Eco-Products Private Limited are on its company page.
Detailed financial statements for Honecore
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.
Timeline of Honecore
2 dated milestones of Honecore across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Honecore is founded.
- Funding First funding round.
Web traffic of Honecore
The website of Honecore (honecore.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 2.6% vs previous month
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Frequently Asked Questions about Honecore
Honecore was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Honecore is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Abhijeet Makhijani is the CEO of Honecore, as recorded in our data.
The primary company behind Honecore, Lsquare Eco-Products Private Limited, reported revenue of ₹23.34 Cr for FY 2025, up 11% year on year.
Honecore was founded in 2007 and is headquartered in Bengaluru, India. Operations focus on the manufacturing sector, where doors and furniture are produced alongside packaging solutions for industrial and commercial use. The company serves domestic markets primarily, with processes centered on quality-controlled production. Leadership is held by CEO Abhijeet Makhijani, overseeing strategic directions in these areas.
Honecore offers Paper Honeycomb Packaging and Shipping Boxes.
Honecore has 1 investor. Key investors include CreedCap Asia Advisors.
Honecore operates through Lsquare Eco-Products Private Limited.
The legal entities of Honecore currently have 6 directors, including Jacob Crasta, Gaurav Modi, Rohit Bhandari and others.