About SpaceMax
SpaceMax is a company based in Pune (India) founded in 2014 by Himanshu Goel.. SpaceMax has raised $39.07 thousand across 2 funding rounds from investors including Vikas Verma. SpaceMax operates in a competitive market with competitors including 10Club, Nestasia, Ellementry, Pelican Essentials and Atmosphere, among others.
- Headquarter Pune, India
- Founders Himanshu Goel
- Stage Minicorn
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Sectors
ConsumerIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Spacemax Indoor Solutions Private Limited
- Date of Incorporation 06 Jun, 2018
- Jurisdiction Daund, Maharashtra, India
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Annual Revenue
$521.82 K (USD)168.5as on Mar 31, 2022
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Net Profit
$10.32 K (USD)119.43as on Mar 31, 2022
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EBITDA
$25.14 K (USD)163.19as on Mar 31, 2022
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Total Equity Funding
$39.07 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of SpaceMax
SpaceMax has successfully raised a total of $39.07K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(12 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Angel Round - SpaceMax | Valuation | Vikas Verma |
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| Jan, 2019 | Amount | Seed - SpaceMax | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SpaceMax
SpaceMax has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Vikas Verma. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VV
Vikas Verma |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SpaceMax
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SpaceMax
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spacemax Comparisons
Competitors of SpaceMax
SpaceMax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 10Club, Nestasia, Ellementry, Pelican Essentials and Atmosphere, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category home products are offered through an internet-first platform.
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| domain | founded_year | HQ Location |
Internet-first brand of multi-category home improvement products
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| domain | founded_year | HQ Location |
Handmade home improvement products are sold online through Ellementry.
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| domain | founded_year | HQ Location |
Internet first brand offering furniture products
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| domain | founded_year | HQ Location |
Multi-category furniture is retailed via an online platform.
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| domain | founded_year | HQ Location |
Home improvement products are sold via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SpaceMax
When was SpaceMax founded?
SpaceMax was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is SpaceMax located?
SpaceMax is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is SpaceMax a funded company?
SpaceMax is a funded company, having raised a total of $39.07K across 2 funding rounds to date. The company's 1st funding round was a Seed of $39.07K, raised on Jan 12, 2019.
What is the annual revenue of SpaceMax?
Annual revenue of SpaceMax is $521.82K as on Mar 31, 2022.
What does SpaceMax do?
SpaceMax is an innovative smart furniture manufacturing company specializing in space-saving furniture solutions. They offer a range of multi-functional furniture products designed to enhance and optimize living spaces.
Who are the top competitors of SpaceMax?
SpaceMax's top competitors include Nestasia, 10Club and Pelican Essentials.
Who are SpaceMax's investors?
SpaceMax has 1 investor. Key investors include Vikas Verma.
What is SpaceMax's valuation?
The valuation of SpaceMax is $2.17M as of Jan 2019.