About Snugsquare
Snugsquare was a Consumer company based in Bengaluru (India) founded in 2019 by Mubarak Bijinemula and Mastan Vali. It offers a proprietary brand of custom-made furniture for residential and commercial needs. It operates on a B2C model. The company has 1 employees. Its Indian entity Enroco Technologies Private Limited reported revenue of ₹31.9 Lakh. The company is recorded as dissolved. Its focus areas include Manufacturing, Furniture Manufacturing, Custom Furniture and Home Furnishings. Its competitors include WoodenStreet, StitchWood and Nice Maple; 3 of its 3 listed competitors have raised funding.
Company details
Snugsquare, led by Mubarak Bijinemula as ex-Co-Founder, Mastan Vali as ex-Co-Founder, Managing Director, specializes in producing manufactured goods, furniture manufacturing, custom furniture, and home furnishings. Offers a proprietary brand of custom-made furniture for residential and commercial needs. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Bengaluru, India
- Employees 1
- Founders Mubarak Bijinemula, Mastan Vali
- SectorsConsumer
- Website snugsquare.com
- Social Facebook
- Legal Name Enroco Technologies Private Limited
- Date of Incorporation 10 May, 2016
- Jurisdiction Madanapalle, Andhra Pradesh, India
- Annual Revenue₹31.9 Lakh
FY 2023 · -50% YoY
- Net Loss-₹1.2 Lakh
FY 2023 · -4% margin
- EBITDA₹4.9 Lakh
FY 2023 · 15% margin
- Employee Count1
Associated legal entities of Snugsquare
Snugsquare operates through Enroco Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Enroco Technologies Private Limited CIN U74999AP2016PTC103213 | Active | 10 May 2016 | Madanapalle, Andhra Pradesh | ₹0.3 Cr | 2 | View details |
Board of directors of Enroco Technologies Private Limited (Snugsquare)
Enroco Technologies Private Limited is the primary company behind Snugsquare. The board of Enroco Technologies Private Limited currently have 2 directors; the longest-serving is Mastan Valli Bijinemula, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mastan Valli Bijinemula DIN 07499633 | Director | 10 May 2016 | 10 yrs 5 mo | Enroco Technologies Private Limited |
| Mubarak Bijinemula DIN 06388637 | Director | 10 May 2016 | 10 yrs 5 mo | Enroco Technologies Private Limited |
People of Snugsquare
2 people are tracked at Snugsquare (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder | Leadership | |
Mastan Vali | ex-Co-Founder, Managing Director | Leadership |
Complete people profiles for Snugsquare
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Snugsquare
Figures of Enroco Technologies Private Limited, the primary company behind Snugsquare, for FY 2023. Revenue was ₹31.9 Lakh (-50% year on year). Net loss was -₹1.2 Lakh (-4% margin). EBITDA was ₹4.9 Lakh (15% margin). Revenue has grown at a compounded annual rate of -25% over three years and -17% over five years.
- ₹31.9 LakhRevenue · FY 2023 · -50% YoY
- -₹1.2 LakhNet loss · -4% margin
- ₹4.9 LakhEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- -25%Revenue CAGR, 3 years
- -17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Enroco Technologies Private Limited are on its company page.
Detailed financial statements for Snugsquare
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 Snugsquare
Snugsquare has 3 listed competitors in our database, 3 of them funded. They include WoodenStreet, StitchWood and Nice Maple.
| 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. | |
| stitchwood.com | 2015 | Mumbai, India | $553,484 | Online custom made furniture | ||
| nicemaple.com | 2017 | Gurugram, India | $5M | Customized furniture is provided through an online digital platform. |
Detailed competitors of Snugsquare
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Home & Living Products
3 companies that operate in the same segment as Snugsquare (Home & Living Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 35.34 B | 43,024 |
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Frequently Asked Questions about Snugsquare
Snugsquare was founded in 2019.
Snugsquare is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Snugsquare has 1 employees.
The primary company behind Snugsquare, Enroco Technologies Private Limited, reported revenue of ₹31.9 Lakh for FY 2023, down 50% year on year.
Snugsquare, led by Mubarak Bijinemula as ex-Co-Founder, Mastan Vali as ex-Co-Founder, Managing Director, specializes in producing manufactured goods, furniture manufacturing, custom furniture, and home furnishings. Offers a proprietary brand of custom-made furniture for residential and commercial needs. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Snugsquare's top competitors include WoodenStreet, StitchWood and Nice Maple.
Snugsquare operates through Enroco Technologies Private Limited.
The legal entities of Snugsquare currently have 2 directors, including Mastan Valli Bijinemula, Mubarak Bijinemula.