TplusA
Overview
TPlusA India, a furniture hardware and accessories manufacturing company, is headquartered in Mumbai, India. It was founded in 2024 by Anil Goel, a former Managing Director of Hettich India. The company specializes in producing high-quality wooden components, fixtures, fittings, and door hardware. As of 2025, TPlusA India has raised over €5 million through a funding round led by Livspace and other notable investors. The company aims to set up a manufacturing unit in Madhya Pradesh to expand its operations and align with Livspace’s supply chain vision.
Recent Developments
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August 2025: Livspace, an IPO-bound home decor startup, acquired a stake in TPlusA to boost its supply chain capabilities. The investment, amounting to over €5 million, is aimed at enhancing TPlusA’s operations and establishing a manufacturing facility in Madhya Pradesh. This strategic partnership aligns with Livspace's goal to build a comprehensive ecosystem for home improvement in India.
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April 2025: Livspace raised additional funds internally from its Singapore-based parent, planning major strategic initiatives including its shift back to India. This move is part of their preparation for a public listing expected by late 2025 or early 2026.
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2024: Founded by Anil Goel, TPlusA quickly garnered industry attention with its strong focus on high-quality production and innovative design in the home furnishings sector. The company entered into partnerships with international manufacturers like WSS (Germany) and Indaux (Spain).
Company Information
| Attribute | Information |
|---|---|
| Founding Date | January 15, 2024 |
| Headquarters | Mumbai, Maharashtra, India |
| Founders | Anil Goel |
| Revenue | Not Available |
| Profits | Not Available |
| Key Investors | Livspace, Kedaara Capital |
| Industry | Home Furnishings |
| Number of Employees | Not Available |
Early History
TPlusA was established with an ambitious vision to produce top-grade furniture hardware and accessories. Founded by Anil Goel, the former managing director of Hettich India, the company was set to leverage his extensive industry experience. In its inception year, TPlusA focused on building strong international collaborations, optimizing production capabilities, and establishing a manufacturing unit in Madhya Pradesh. The strategic alignment with Livspace allowed TPlusA to integrate efficiently into a broader supply chain ecosystem and gain swift momentum in the competitive interiors market.
Company Profile and Achievements
TPlusA’s business model emphasizes high-quality manufacturing of furniture hardware catering to various needs across kitchens, bathrooms, and offices. The company distinguishes itself through innovative product designs and strategic partnerships.
- Product Offerings: Includes wooden components, fixtures, fittings, and advanced door systems.
- Strategic Initiatives: Formation of in-house brand offerings under 'T+A', providing cost-effective, high-quality solutions.
- Innovative Collaborations: Partnered with global manufacturers like WSS (Germany) and Indaux (Spain).
- Funding Milestone: Secured a strategic investment of €5 million from Livspace and other investors to scale operations and enhance manufacturing capabilities.
Current Operations and Market Position
TPlusA positions itself as a key player in the premium furniture hardware and accessories segment, with a strategic focus on aligning operations with Livspace’s supply chain model. This alignment is targeted at improving cost efficiency and production scalability.
- Market Impact: TPlusA’s innovative approach and strategic partnerships have strengthened its competitive edge in the Indian market. The company’s active expansion projects and adaptation to market changes reflect its robust growth strategy.
- Operational Outlook: The establishment of a state-of-the-art manufacturing unit in Madhya Pradesh will significantly enhance production efforts and facilitate seamless integration within Livspace’s supply chain.
Conclusion
TPlusA has swiftly cemented its position in the home furnishings industry through strategic alliances and operational excellence. With its innovative product offerings and collaborative partnerships, TPlusA is well poised to capture significant market share and enhance supply chain efficiency. The continued investment from Livspace and other stakeholders underscores confidence in TPlusA’s potential to deliver high-quality hardware solutions to India’s burgeoning interiors market. Looking forward, TPlusA is expected to continue growing its influence, leveraging new manufacturing capabilities and strategic alliances to spearhead advancements in the home improvement sector.