Furniture Fittings Business Raising Funds In Ahmedabad
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About Business
An Exciting New Venture in Furniture Fittings
A new private company, established in late 2024 in Ahmedabad, Gujarat, is set to revolutionize the furniture hardware industry.
Experienced Leadership:
This company is led by individuals who collectively bring over 40 years of experience from multinational corporations. With an initial authorized capital of ₹10 lakh and ₹1 lakh paid-up, they are well-positioned for growth.
Pioneering Technology and Products:
This venture is introducing cutting-edge technology to the furniture fittings market. They're bringing innovative solutions like touch and voice control for furniture and advanced folding furniture fittings. Their product line also includes channels, hinges, tandem systems, various kitchen and wardrobe accessories, aluminum profiles, sliding shutters, and LED lighting for both kitchens and wardrobes. These sophisticated products are unique in the market, made possible by the team's extensive experience in automation and robotics.
Commitment to Clients:
This new company prioritizes innovation, product durability, and environmental responsibility. They are committed to providing strong post-sale support, assisting with everything from design to installation, aiming to build lasting client relationships.
Expanding Reach:
Despite being a new entrant, the company already has contact points in major cities beyond Ahmedabad, including Lucknow, Varanasi, Indore, Pune, and Delhi. This wide reach, combined with their diverse product offerings and experienced leadership, demonstrates significant potential for growth in the dynamic furniture and interiors market.
This presents a compelling opportunity for investors seeking to back a new company with seasoned leadership and ambitious plans in the high-quality furniture fittings business.
Clientele type
The primary clientele includes retailers, carpenters, interior designers, furniture manufacturers, dealers, and kitchen solution providers across India.
Premises
LEASED
Lease per month (in INR): 25.00 K
Security Deposit (in INR): 50.00 K
Carpet Area: 600 sq ft
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 50.00 L
Reason
The founder, previously engaged in the trading business, is now looking to expand by establishing a dedicated manufacturing setup.
Licenses
GST
More Details
Led by professionals with over 40 years of combined experience in both domestic and international markets.
Keywords
Business Tags
₹10 to ₹200 Cr
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