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The funding gives A91 Partners a minority stake and will help Spacewood strengthen its operations, expand its retail presence, and enhance brand visibility.

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Spacewood Furnishers, which manufactures modular furniture, has raised Rs 300 crore from private equity firm A91 Partners.

What began in Nagpur as a bold dream to bring world-class modular furniture to Indian homes has just taken a giant leap.

Spacewood Furnishers raises Rs 300 crore from A91 Partners for expansion, brand-building, and operational strengthening. Valuation at Rs 1,200 crore.