PARÉ Innovations Achieves Significant Milestone

PARÉ Innovations, a leading manufacturer of premium ceiling, wall, and facade panels, has proudly announced a post-money valuation of ₹540 crore. With ambitious plans to reach a ₹1,000 crore turnover within the next four years, the company is setting new benchmarks in the interior products space.

Expansion and Funding

Established just four years ago, PARÉ Innovations has secured ₹72.9 crore in its initial funding round from Advenza Global Limited. This funding is a pivotal step towards the company's vision of becoming a global leader in interior products. Currently operational in 13 countries, PARÉ Innovations aims to expand its footprint to over 50 nations, alongside deepening its market penetration in India's B and C-class cities.

Future Plans and Vision

Bipin Parmar, Managing Director of PARÉ Innovations, shared his excitement about the company's growth trajectory, stating, "We're excited to accelerate our growth and expansion plans, and look forward to creating exceptional spaces." The company is also exploring strategic options, including a potential public listing, to bolster its expansion and market presence.

Enhancing Global Appeal

PARÉ Innovations is committed to elevating the international appeal of Indian-manufactured interior products by integrating contemporary global trends. With a focus on high standards of excellence, the company continues to produce a wide range of building materials and interior décor items in India.