InnoFur

Pune, India Founded: 2018 • Age: 8 yrs
Online retailer providing space-saving furniture for homes in India.

About InnoFur

InnoFur is a Retail company based in Pune (India) founded in 2018. Online retailer providing space-saving furniture for homes in India. It operates on a D2C and B2C model in Retail and Consumer sectors. Its Indian entity Spasys Solutions Private Limited reported revenue of β‚Ή27.5 Lakh. InnoFur offers products and services including Folding Study Desk, Spazio Folding Utility Table, and Forito Folding Dining Table. Its focus areas include Ecommerce, Online Retail, Furniture Sales and Direct Sales. Its competitors include WoodenStreet, Italica and Boingg; 2 of its 3 listed competitors have raised funding.

Company details

InnoFur is an online platform specializing in space-saving furniture like folding tables, chairs, and beds. Based in Pune, India, it operates through its website, allowing direct purchases with a focus on quality and affordability. The company caters to residential customers seeking sturdy, easy-to-maintain solutions for living, bedroom, dining, and study areas, emphasizing innovative designs and efficient space utilization.

Key Metrics
  • Annual Revenue
    ₹27.5 Lakh

    FY 2024 · -78% YoY

  • Net Profit
    ₹41,287

    FY 2024 · 2% margin

  • EBITDA
    ₹93,563

    FY 2024 · 3% margin

  • Employee Count
    1

Products & Services of InnoFur

InnoFur offers a comprehensive portfolio of products and services, including Folding Study Desk, Spazio Folding Utility Table, and Forito Folding Dining Table.

Folding Study Desk
Furniture

Foldable desk for study and office use with sturdy build.

Spazio Folding Utility Table
Furniture

Multi-purpose table for laptops and computers.

Forito Folding Dining Table
Furniture

Dining table that folds for space efficiency.

Board of directors of Spasys Solutions Private Limited (InnoFur)

Spasys Solutions Private Limited is the primary company behind InnoFur. The board of Spasys Solutions Private Limited currently have 2 directors; the longest-serving is Arun Jayapal Gajankush, appointed in 2021. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Arun Jayapal Gajankush
DIN 09073145
Director19 Feb 20215 yrs 8 moSpasys Solutions Private Limited
Rajashree Jaipal Gajankush
DIN 10345025
Director23 Sep 20233 yrs 1 moSpasys Solutions Private Limited

Financials of InnoFur

Figures of Spasys Solutions Private Limited, the primary company behind InnoFur, for FY 2024. Revenue was ₹27.5 Lakh (-78% year on year). Net profit was ₹41,287 (2% margin). EBITDA was ₹93,563 (3% margin).

  • ₹27.5 LakhRevenue · FY 2024 · -78% YoY
  • ₹41,287Net profit · 2% margin
  • ₹93,563EBITDA · 3% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Spasys Solutions Private Limited are on its company page.

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Detailed financial statements for InnoFur

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Competitors of InnoFur

InnoFur has 3 listed competitors in our database, 2 of them funded. They include WoodenStreet, Italica and Boingg.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
woodenstreet.com2015Jaipur, India$77M391
Customized home furniture is offered online by WoodenStreet.
italica.com1992Mumbai, India185
Italica is engaged in manufacturing and selling plastic furniture.
boingg.in2018Gurugram, India$1.21M26
Internet first brand offering furniture for kids
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Detailed competitors of InnoFur

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of InnoFur

Websites that share an audience with InnoFur (innofur.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
spacepanda.in
92%
2.1K#6,870,601View details
krini.co.in
91%
1.3K#10,828,274View details
spacemax.in
29%
1.5K#10,300,707View details

Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as InnoFur (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 143.24 MUSD 32.66 M711
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Frequently Asked Questions about InnoFur

InnoFur was founded in 2018.

InnoFur is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

InnoFur has 1 employees.

The primary company behind InnoFur, Spasys Solutions Private Limited, reported revenue of β‚Ή27.5 Lakh for FY 2024, down 78% year on year.

InnoFur is an online platform specializing in space-saving furniture like folding tables, chairs, and beds. Based in Pune, India, it operates through its website, allowing direct purchases with a focus on quality and affordability. The company caters to residential customers seeking sturdy, easy-to-maintain solutions for living, bedroom, dining, and study areas, emphasizing innovative designs and efficient space utilization.

InnoFur's top competitors include WoodenStreet, Italica and Boingg.

InnoFur offers Folding Study Desk, Spazio Folding Utility Table, and Forito Folding Dining Table.

InnoFur operates through Spasys Solutions Private Limited.

The legal entities of InnoFur currently have 2 directors, including Arun Jayapal Gajankush, Rajashree Jaipal Gajankush.

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