Archive · 5 Nov 2025
Spacewood Furnishers Secures ₹300 Crore Investment from A91 Partners
A big investment company called A91 Partners is giving ₹300 crore to a furniture company named Spacewood Furnishers.
Spacewood makes furniture for homes and offices.
This money will help Spacewood open more stores, make their brand stronger, and improve how they work with new technology.
Spacewood already has many stores and works with big companies for their office furniture and building projects.
They plan to grow a lot in the next three years.
A91 Partners likes Spacewood because they've grown smartly without spending too much money.
This investment will help Spacewood become even better and reach more customers across India.
Spacewood Furnishers has raised ₹300 crore from private equity firm A91 Partners.
The investment grants A91 Partners a significant minority stake in Spacewood.
Funds will be used for Spacewood's expansion, brand building, and operational efficiency, including enhancing retail outlets and automation.
Spacewood aims to increase its retail outlets from 36 to 80-100 within three years and boost revenue from ₹700 crore to ₹1,200 crore.
The investment aligns with A91 Partners' focus on capital-efficient businesses and Spacewood's established experience in the furniture market.
- Who
- Spacewood Furnishers (modular furniture manufacturer) and A91 Partners (private equity firm)
- What
- A91 Partners invested ₹300 crore in Spacewood Furnishers for a significant minority stake, aimed at business expansion.
- When
- Investment announced on November 5, 2025.
- Where
- Spacewood Furnishers is based in Nagpur, India, and plans manufacturing expansion there.
- Why
- To fund Spacewood's next phase of expansion, brand-building, operational efficiency, including enhancing retail outlets, upgrading manufacturing with new technologies and automation, and strengthening omnichannel presence.
Spacewood Furnishers
A91 Partners
Experience and Market Position
Spacewood Furnishers
Spacewood has over 30 years of experience and a deep understanding of the market, giving it an advantage over newer competitors.
A91 Partners
A91 Partners values Spacewood's efficient scaling without excessive capital consumption, aligning with their investment philosophy.
- Investor
- A91 Partners
- Company
- Spacewood Furnishers
- Investment Amount
- ₹300 crore
- Spacewood Manufacturing Base
- Nagpur
- Current Retail Outlets
- 36
- Planned Retail Outlets
- 80-100
- Expansion Timeline
- 3 years
- Expected Revenue Increase
- From ₹700 crore to ₹1,200 crore
