Home, Garden & Tools
Flhexible
SEASON 2 : EPISODE 27
BRAND
Flhexible
COMPANY NAME
Hexpressions Megatech Pvt. Ltd.
FOUNDERS
Shilpi Dua Abhimanyu Singh
ORIGNAL ASK
Rs. 50 lakhs for 7.5% equity at valuation of Rs. 6.67 crores
DEAL
No Deal
In the majority of households, space is a key problem. Finding that optimal space for decorating or show casing is difficult. Hence, Flhexible started to address this issue. It is a firm that manufactures items using recycled paper using honeycomb structure technology.
Flhexible is a sustainable & eco-friendly furniture & product brand with a USP of super light products. Their product range includes foldable Sofas, bench, wall partitions & pet & desk products, etc. Their products durability is 10 to 12 years.
One of the products that has made Flhexible famous is an extensible, versatile box that can be collapsed. This box’s many compartments make it suitable for storing a wide range of things, including knickknacks, games, art supplies, and even office supplies. The box is constructed to be strong without being overly heavy, making it simple to transport and put away when not in use.
The fact that the box is manufactured from eco-friendly materials and that it can be recycled completely makes it an excellent option for customers who want to minimise their impact on the environment.
You can buy their products from their own website or Amazon & they are also available in retails store in Jaipur.
Founders & their story
Shilpi Dua
Abhimanyu Singh
They got fascinated with the honeycomb material which has really big potential to significantly improve the environment. This is when they thought to start Flhexible which is here to manage the space & is eco-friendly, fully recyclable, light-weight, and durable.
About the company:
Flhexible is a one-of-a-kind brand that places an emphasis on both social responsibility and environmental accountability. Flhexible is a product service innovation firm that operates as a subsidiary of Hexpressions and has its headquarters in Jaipur, India.
The Flhexible brand is known for producing a variety of cutting-edge goods that are both practical and kind to the environment in their design.
It was started in 2019 and since then, they have sold more than 250 products. Their vision is to make Flhexible this country’s biggest space-saver furniture & product brand. They strive for sustainability via handcrafted flatpack luxury furniture and accessories made from recycled paper and paper honeycomb furniture that is eco-friendly, low weight, modular, foldable, and ready to assemble.
Revenue:
During FY 21-22, their revenue was Rs. 16 lakhs. And the last month sales were Rs. 3.5 lakhs except walls with the corporate gifting of 60%.
Their walls revenue is Rs. 32 lakhs which is from their Parent company Hexpressions Megatech Pvt. Ltd. which make only walls.
Their gross margin is 40% with the net margin of 25%.
Founder’s Ask
Rs. 50 lakhs for 7.5% equity at valuation of Rs. 6.67 crores.
Offers:
No offer made as all the sharks thought that it will not scale in this Indian market.
Final Deal
No final deal
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