Spacewood raises $36M to fuel expansion and brand building

Spacewood Furnishers secured Rs 300 crore from A91 Partners, valuing it at Rs 1,200 crore to drive expansion and brand growth. Founded by Kirit Joshi and Vivek Deshpande, it plans to scale from 35 to 100 stores. Serving major clients via Spacewood Office Solutions, it targets Rs 700 crore FY26 revenue, competing with IKEA and Godrej Interio.