
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 βΉ27.5 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.
- Headquarters Pune, India
- Employees 1
- SectorsRetailConsumer
- Emailβ’β’β’β’β’β’β’β’
- Website innofur.com
- Social Facebook Instagram
- Legal Name Spasys Solutions Private Limited
- Date of Incorporation 19 Feb, 2021
- Jurisdiction Pune, Maharashtra, India
- 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 Count1
Associated legal entities of InnoFur
InnoFur operates through Spasys Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spasys Solutions Private Limited CIN U36999PN2021PTC198740 | Active | 19 Feb 2021 | Pune, Maharashtra | ₹0.3 Cr | 2 | View details |
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.
Foldable desk for study and office use with sturdy build.
Multi-purpose table for laptops and computers.
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Jayapal Gajankush DIN 09073145 | Director | 19 Feb 2021 | 5 yrs 8 mo | Spasys Solutions Private Limited |
| Rajashree Jaipal Gajankush DIN 10345025 | Director | 23 Sep 2023 | 3 yrs 1 mo | Spasys 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.
Detailed financial statements for InnoFur
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.
Competitors of InnoFur
InnoFur has 3 listed competitors in our database, 2 of them funded. They include WoodenStreet, Italica and Boingg.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| woodenstreet.com | 2015 | Jaipur, India | $77M | 391 | Customized home furniture is offered online by WoodenStreet. | |
| italica.com | 1992 | Mumbai, India | 185 | Italica is engaged in manufacturing and selling plastic furniture. | ||
| boingg.in | 2018 | Gurugram, India | $1.21M | 26 | Internet first brand offering furniture for kids |
Detailed competitors of InnoFur
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of InnoFur
Websites that share an audience with InnoFur (innofur.com).
Websites whose visitors overlap most with InnoFur. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| spacepanda.in | 92% | 2.1K | #6,870,601 | View details | |
| krini.co.in | 91% | 1.3K | #10,828,274 | View details | |
| spacemax.in | 29% | 1.5K | #10,300,707 | View 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 143.24 M | USD 32.66 M | 711 |
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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 βΉ27.5 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.