About WelFurn
WelFurn is a company based in Bengaluru (India) founded in 2016. International freight forwarding and logistics services are provided globally. WelFurn has raised $751.01 thousand across 2 funding rounds from investors including Jaisimha Sathyanarayana, Keerthi Bhanu and Manoj Kumar. The company has 6 employees. WelFurn was last valued at $771.89 thousand in July 2017. Its Indian entity Welfurn Interiors Private Limited reported revenue of ₹4.01 Cr. WelFurn offers products and services including Modular Kitchens and Wardrobes.
Company details
WelFurn was founded in 2016 in Bengaluru, India, as a provider in the logistics sector. International freight forwarding services are offered, including maritime, air, road, rail, and multimodal transportation. Additional operations encompass warehousing, LCL consolidation, and customs brokerage. Specialized logistics support is extended to sectors such as oil and gas, perishables, industrial projects, and pharmaceuticals. The full process of goods movement for imports and exports across continents is managed.
- Headquarters Bengaluru, India
- Employees 6
- Email••••••••
- Phone•••• ••••
- Website welfurn.com
- Social LinkedIn X Facebook Instagram
- Legal Name Welfurn Interiors Private Limited
- Date of Incorporation 26 May, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹4.01 Cr
FY 2023 · -39% YoY
- Net Profit₹23.1 Lakh
FY 2023 · 6% margin
- EBITDA₹26.8 Lakh
FY 2023 · 7% margin
- Total Equity Funding$751.01K (USD)
in 2 rounds
- Latest Funding Round$251.01K (USD), Angel Round
Jul 2017
- Employee Count6
Associated legal entities of WelFurn
WelFurn operates through Welfurn Interiors 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 |
|---|---|---|---|---|---|---|---|
| Welfurn Interiors Private Limited CIN U74999KA2016PTC093628 | Active | 26 May 2016 | Bangalore, Karnataka | ₹4.0 Cr | 6 | 2 | View details |
Products & Services of WelFurn
WelFurn offers a comprehensive portfolio of products and services, including Modular Kitchens and Wardrobes.
Design and installation of kitchens are provided to enhance living spaces with practical and sustainable features
Custom wardrobes are supplied for bedrooms to offer tailored storage solutions that align with user requirements
Funding Insights of WelFurn
WelFurn has successfully raised a total of $751.01K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $251.01 thousand completed in July 2017. 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 $751,014
- Total Rounds 2
- Last Round Angel Round — $251,014
- First Round $500,000
(Mar 2016)
- Investors Count 13
All 2 funding rounds of WelFurn with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $251,014 | Angel Round | $771,885 | Dhiren Shah | |
| Mar 2016 | $500,000 | Seed | – | – | – |
Last known valuation $771,885 (Jul 2017). 13 investors in total: 0 institutional and 13 angel.
Investors in WelFurn
WelFurn has secured backing from 13 investors, including angel investors. Prominent investors backing the company include Jaisimha Sathyanarayana, Keerthi Bhanu and Manoj Kumar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JS Jaisimha Sathyanarayana | Angel investor and tech entrepreneur with focus on early-stage startups in India. | unknown_0f5585653a204a54a | ||
KB Keerthi Bhanu | unknown_c84705dec5bc401b8 | |||
MK Manoj Kumar | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_e0d78656233e46d6a | ||
RG Raghunath Gururajan | unknown_ab13bd70aaf84d1d9 | |||
MK Manoj Kumar Dharavath | unknown_c123b171aefb4cb08 | |||
JS Jayesh Shah | unknown_d8f0c4ea925a443c8 | |||
PS Paresh Shah | unknown_88af62c066044d6ea | |||
KS Kamlesh Shah | Angel investor and entrepreneur, focused on tech startups in India. | unknown_632fafef890541709 | ||
HS Hiten Shah | Indian angel investor, tech enthusiast, and startup mentor based in India. | unknown_5314744a288e4e178 | ||
PS Pratik Shah | Angel investor and entrepreneur, co-founder of Specsmakers, focused on tech startups | unknown_a672168be34642ecb |
Investor details for WelFurn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Welfurn Interiors Private Limited (WelFurn)
Welfurn Interiors Private Limited is the primary company behind WelFurn. The board of Welfurn Interiors Private Limited currently have 2 directors; the longest-serving is Mahesh Lalji Shah, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Lalji Shah DIN 02426519 | Director | 26 May 2016 | 10 yrs 4 mo | Welfurn Interiors Private Limited |
| Vishaka Mahesh Shah DIN 09698047 | Director | 13 Sep 2022 | 4 yrs 1 mo | Welfurn Interiors Private Limited |
Financials of WelFurn
Figures of Welfurn Interiors Private Limited, the primary company behind WelFurn, for FY 2023. Revenue was ₹4.01 Cr (-39% year on year). Net profit was ₹23.1 Lakh (6% margin). EBITDA was ₹26.8 Lakh (7% margin). Revenue has grown at a compounded annual rate of -21% over three years and -9% over five years.
- ₹4.01 CrRevenue · FY 2023 · -39% YoY
- ₹23.1 LakhNet profit · 6% margin
- ₹26.8 LakhEBITDA · 7% margin
- ₹1.00 CrPaid-up capital
- 6Employees (provident fund records)
- -21%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Welfurn Interiors Private Limited are on its company page.
Detailed financial statements for WelFurn
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.
Timeline of WelFurn
3 dated milestones of WelFurn across 1 years, from founding to its latest funding, stage changes and deals.
- Founded WelFurn is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Angel Round, of $251K.
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Frequently Asked Questions about WelFurn
WelFurn was founded in 2016.
WelFurn is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
WelFurn is a funded company, having raised a total of $751.01K across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Mar 2016.
WelFurn has 6 employees.
The primary company behind WelFurn, Welfurn Interiors Private Limited, reported revenue of ₹4.01 Cr for FY 2023, down 39% year on year.
WelFurn was founded in 2016 in Bengaluru, India, as a provider in the logistics sector. International freight forwarding services are offered, including maritime, air, road, rail, and multimodal transportation. Additional operations encompass warehousing, LCL consolidation, and customs brokerage. Specialized logistics support is extended to sectors such as oil and gas, perishables, industrial projects, and pharmaceuticals. The full process of goods movement for imports and exports across continents is managed.
WelFurn offers Modular Kitchens and Wardrobes.
WelFurn has 13 investors. Key investors include Jaisimha Sathyanarayana, Keerthi Bhanu, Manoj Kumar, Raghunath Gururajan, and Manoj Kumar Dharavath.
The valuation of WelFurn is $771.89K as of Jul 2017.
WelFurn operates through Welfurn Interiors Private Limited.
The legal entities of WelFurn currently have 2 directors, including Mahesh Lalji Shah, Vishaka Mahesh Shah.