Spacewood designs, manufactures, and sells modular home furniture, office furniture, and doors for both retail consumers and large real-estate developers. Operating a 1 million square-foot, tech-enabled plant with advanced panel-processing and sheet-metal capabilities, the company services more than 1,000 corporate clients via its Spacewood Office Solutions division and over 200 developers through its Sumai Doors sub-brand. It currently runs 35 exclusive stores nationwide and intends to scale that footprint to 100 outlets within the next few years. Co-founders Kirit Joshi and Vivek Deshpande aim to position Spacewood in every middle- and premium-segment home while continuing to serve commercial customers. The firm is targeting group revenue of ₹700 crore by FY26 and is projecting 25–30 percent annual growth over the next five years while remaining profitable. The fresh capital provides resources for expansion, brand building, and deeper market penetration. The latest funding pegs Spacewood’s valuation at ₹1,200 crore, underscoring investor confidence in its growth trajectory.

Total raised

$34M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2025