From ₹50,000 to ₹340 Crore: How Raghunandan Saraf Built a Furniture Empire

Update: 2025-06-21 05:21 GMT

Raghunandan Saraf, a man from a small town in Rajasthan called Sardarshahar, turned his family’s furniture business into a successful online brand. With just ₹50,000, he launched Insaraf, a company that today earns ₹340 crore annually. His story proves that with dedication and the right use of technology, even a small beginning can lead to a massive success.

 

A Family Business with New Vision The Saraf family started their furniture business many years ago. Raghunandan’s father and uncle ran a small shop and also exported furniture to different parts of India by 1998. But things changed in 2014, when Raghunandan decided to bring their business online. With only ₹50,000, he built a website and listed their products on it. That step completely transformed the way they sold furniture.

Facing Doubts and Challenges At first, Raghunandan’s father was not sure if an online business would work. But Raghunandan believed in the power of digital platforms. He explained his plan to his family and moved forward with full confidence. He created a website where customers could easily find all types of furniture, from beds and sofas to lamps and rugs.

Starting from a small town had its problems. Logistics was a big challenge. There were no delivery services available in Sardarshahar, so Raghunandan convinced courier companies to start operations there. He worked hard to create a strong team for handling online orders, packaging, and safe delivery.

A Growing Brand Today, Insaraf offers over 6,000 products on its website. These include furniture for homes, decorative items, kitchen accessories, and more. The most popular product is their beds, which can cost up to ₹2.5 lakh. Their most affordable item is a small decorative kitchen piece priced at ₹999.

Insaraf mainly makes furniture using Sheesham wood. They also sell side tables, wardrobes, dining sets, TV units, mirrors, and even home temples. To help customers see and feel the products, the brand has opened experience centres in Bengaluru, Hyderabad, Surat, and Delhi.

Smart Business Model Raghunandan runs his operations mainly from Sardarshahar, where his company owns a 2.5 lakh square foot space for manufacturing, warehousing, and the head office. He also has smaller warehouses in major cities. The business follows two models.

Direct-to-Consumer (D2C): Selling products directly through the website.

Business-to-Business (B2B): Supplying furniture to hotels and resorts like Hyatt.

Most of Insaraf’s sales come from South India.

From Local School to Global Dreams Raghunandan studied in Sardarshahar until Class 6, then moved to Jaipur’s Ryan International School. After completing school in 2004, he studied B.Com at Shri Ram College of Commerce in Delhi. Later, he completed his MBA in Global Business Operations in 2009.

Despite all his success, Raghunandan still lives in Sardarshahar with his family and has created supportive policies for his employees. His journey from a small-town student to the founder of a ₹340 crore company is truly inspiring.

Final Thoughts Raghunandan Saraf’s story teaches us that with courage, vision, and hard work, we can turn even the smallest opportunity into something great. He is not only a successful businessman but also a role model for today’s youth.

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