IKEA

Helsingborg, Sweden Founded: 1943 • Age: 83 yrs
Ready-to-assemble home furnishings are manufactured and retailed by IKEA.

About IKEA

IKEA is a Consumer company based in Helsingborg (Sweden) founded in 1943. Ready-to-assemble home furnishings are manufactured and retailed by IKEA. The company has 115 employees. IKEA has completed 5 acquisitions, including 6X6, Geomagical and Habitat. Its chief executive, as recorded, is Jesper Brodin. Its website ikea.com draws about 258.5 million monthly visits. Its Indian entity Ikea Services India Private Limited reported revenue of ₹99.87 Cr. IKEA offers products and services including STOCKHOLM Collection, BRÄNNBOLL Collection, and IKEA Sleep Report. Its focus areas include Consumer Goods, Home Furnishing Products, Multi-Category and Ready-to-assemble.

Company details

IKEA was founded in 1943 in Helsingborg, Sweden, and operates in the home furnishings sector. A variety of ready-to-assemble products, including furniture for kitchens, bedrooms, living rooms, offices, and outdoor spaces, as well as storage, lighting, textiles, and decorations, is produced. These items are distributed through an online platform, company-owned stores, and organized retailers across global markets.

  • Headquarters Helsingborg, Sweden
  • Employees 115
  • Sectors
    Consumer
  • Website category Home and Garden · Furniture
  • Email
    ••••••••
  • Website ikea.com
  • Social LinkedIn X Facebook
  • Legal Name Ikea Services India Private Limited
  • Date of Incorporation 15 Feb, 2012
  • Jurisdiction Delhi, India
Operational Areas
Key Metrics
  • Indian entity revenue
    ₹99.87 Cr

    FY 2025 · -1% YoY

  • Indian entity net profit
    ₹9.31 Cr

    FY 2025 · 9% margin

  • Indian entity EBITDA
    ₹17.81 Cr

    FY 2025 · 18% margin

  • Latest Funding Round
    $59.61K (USD), Grant

    Mar 2024

  • Investors
  • Employee Count
    115
  • Investments & Acquisitions
    6X6

    & 4 more

Products & Services of IKEA

IKEA offers a comprehensive portfolio of products and services, including STOCKHOLM Collection, BRÄNNBOLL Collection, and IKEA Sleep Report.

STOCKHOLM Collection
Furniture

Modern furniture line for stylish home setups.

BRÄNNBOLL Collection
Gaming Accessories

Products for gaming and leisure activities.

IKEA Sleep Report
Research Service

Annual report on sleep trends and products.

Apps and channels of IKEA

IKEA publishes 2 mobile apps with over 10.5M+ downloads.

IKEA Home smart
Google Play Lifestyle Everyone Free
Developer: Inter IKEA Systems B.V
View on Google Play
IKEA
Google Play Shopping Everyone Free
Developer: Inter IKEA Systems B.V
View on Google Play

Funding Insights of IKEA

  • Total Rounds 10
  • Last Round Grant — $59,610
  • First Round $228,176

    (Jan 2017)

  • Investors Count 2

All 10 funding rounds of IKEA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$59,610Grant––
Feb 2024$55,936Grant––
Dec 2023$115,813Grant––
Oct 2023$65,907Grant––
Oct 2023$66,839Grant––
Aug 2023$116,952Grant––
Jun 2023$49,639Grant––
Apr 2023$120,537Grant––
Jan 2018$59,211Grant––
Jan 2017$228,176Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in IKEA

IKEA has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Ministerstvo Hospodárstva Slovenskej Republiky.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
mhsr.sk
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for IKEA

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Board of directors of Ikea Services India Private Limited (IKEA)

Ikea Services India Private Limited is the primary company behind IKEA. The board of Ikea Services India Private Limited currently have 4 directors; the longest-serving is Michael Nielsen, appointed in 2012. 19 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Michael Nielsen
DIN 05331733
Director01 Aug 201214 yrs 3 moIkea Services India Private Limited
Nurani Seshan Parameswaran
DIN 10428113
Director04 Mar 20242 yrs 8 moIkea Services India Private Limited
Anna Linn Marie Roslund
DIN 10524603
Director04 Mar 20242 yrs 8 moIkea Services India Private Limited
Linus Erik Bjoerkman
DIN 10525351
Director04 Mar 20242 yrs 8 moIkea Services India Private Limited

People of IKEA

370 people are tracked at IKEA (62 in leadership, 7 in board & advisors, 301 in team); the tracked headcount is 115.

NameRoleGroup
Jesper Brodin
CEOLeadership
Mathias W.
Head Of Engineering - Mobile AppsLeadership
Nagendra Gururaj
Senior Director - Product & EngineeringLeadership
Stevie L.
Chief Legal Officer, General CounselLeadership
Lotika Mehta
Communication Business Partner- SustainabilityLeadership
Juvencio Maeztu
President & CEOLeadership
Fredrika Inger
Managing Director At IKEA Of SwedenLeadership
Samantha Giusti
Chief Customer Officer, IKEA USLeadership
Karen Pflug
Chief Sustainability OfficerLeadership
Catherine Segar
Head Of Public Relations, IKEA U.s.Leadership
Sriram Rajagopal
Head Of Climate And Air Pollution At Inter IKEA Group || Strategic Topic LeaderLeadership
Cheryl Timmins
Chief Of StaffLeadership
Jip Koudijs
Head Of EngineeringLeadership
Gemma Lemmers
Head Of EU Public AffairsLeadership
Özge Kocaoglu Çolakoğlu
Marketing Communications DirectorLeadership
Steve Page
Global Head, Technology TransformationsLeadership
Jack Tsigankov
Director Of Information Security & Data Privacy (ciso, Dpo)Leadership
Ajay Gupta
Head Of Information TechnologyLeadership
Magdalena Kaput
Head Of Information Security And Data PrivacyLeadership
Al MacFarlane
Head Of Engineering (acting) @ Customer Support And Remote SellingLeadership

350 more people are available in the full profile.

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Financials of IKEA

Figures of Ikea Services India Private Limited, the primary company behind IKEA, for FY 2025. Revenue was ₹99.87 Cr (-1% year on year). Net profit was ₹9.31 Cr (9% margin). EBITDA was ₹17.81 Cr (18% margin). Revenue has grown at a compounded annual rate of +8% over three years and 0% over five years.

  • ₹99.87 CrRevenue · FY 2025 · -1% YoY
  • ₹9.31 CrNet profit · 9% margin
  • ₹17.81 CrEBITDA · 18% margin
  • ₹3.55 CrPaid-up capital
  • 115Employees (provident fund records)
  • +8%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ikea Services India Private Limited are on its company page.

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Detailed financial statements for IKEA

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Investments & Acquisitions by IKEA

IKEA has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 6X6, Geomagical and Habitat.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of sharing meeting places
6x6sf.comSan Francisco, United States2016Sep 2020••••
AI, software development, and cloud services are provided globally.
geomagical.comMountain View, United States2016Apr 2020••••
Provider of classic hit music radio broadcasting services
vejamate.deOststeinbek, Germany2015Feb 2019$2.6B
Online platform that connects users with local independent taskers
taskrabbit.comSan Francisco, United States2008Sep 2017••••
Furniture, lighting, and home accessories are retailed by Habitat.
habitat.co.ukMilton Keynes, United Kingdom1964Oct 1992••••
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Timeline of IKEA

8 dated milestones of IKEA across 81 years, from founding to its latest funding, stage changes and deals.

  1. Founded IKEA is founded.
  2. Acquisition Acquires Habitat.
  3. Funding First funding round of $228K.
  4. Acquisition Acquires TaskRabbit.
  5. Acquisition Acquires Veja Mate.
  6. Acquisition Acquires Geomagical.
  7. Acquisition Acquires 6X6.
  8. Funding Latest funding round, Grant, of $60K.

Web traffic of IKEA

The website of IKEA (ikea.com) receives about 258.5M visits a month and ranks #116 among all websites worldwide, #1 in Furniture.

  • Monthly visits
    258.5M

    ▲ 10% vs previous month

  • Unique visitors
    81.9M

    per month

  • Global rank
    #116

    among all websites

  • Category rank
    #1

    Home and Garden · Furniture

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cb2.com
cb2.com
100%
#10,632–
dwr.com
95%
1.2M#32,182View details
roomandboard.com
roomandboard.com
95%
#21,353–
homedepot.com
92%
174.7M#174View details
crateandbarrel.com
91%
#4,228View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Related news about Ikea

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Frequently Asked Questions about IKEA

IKEA was founded in 1943 and raised its 1st funding round 74 years after it was founded.

IKEA is headquartered in Helsingborg, Sweden. It is registered at Helsingborg, Skane County, Sweden.

Jesper Brodin is the CEO of IKEA, as recorded in our data.

IKEA has 115 employees.

The primary company behind IKEA, Ikea Services India Private Limited, reported revenue of ₹99.87 Cr for FY 2025, down 1% year on year.

IKEA was founded in 1943 in Helsingborg, Sweden, and operates in the home furnishings sector. A variety of ready-to-assemble products, including furniture for kitchens, bedrooms, living rooms, offices, and outdoor spaces, as well as storage, lighting, textiles, and decorations, is produced. These items are distributed through an online platform, company-owned stores, and organized retailers across global markets.

IKEA offers STOCKHOLM Collection, BRÄNNBOLL Collection, and IKEA Sleep Report.

IKEA has made 5 acquisitions, including 6X6, Geomagical, and Habitat.

IKEA has 2 investors. Key investors include European Union, and Ministerstvo Hospodárstva Slovenskej Republiky.

IKEA operates through Ikea Services India Private Limited.

The legal entities of IKEA currently have 4 directors, including Michael Nielsen, Nurani Seshan Parameswaran, Anna Linn Marie Roslund and others.

Yes. IKEA publishes IKEA Home smart and 1 more app, with over 10.5 million downloads.

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