- Business
- Sheela Foam Limited manufactures and sells polyurethane foams, mattresses, and comfort products primarily in India and internationally. The company produces a wide range of technical foams including memory foam, visco foam, flame retardant foam, high resilience foam, reticulated foam, acoustic foam, UV stable foam, soft flexible PU foam, polyester foam, and sound absorption foam; it also offers consumer products such as mattresses, pillows, bolsters, cushions, mattress protectors, back cushions, sofa-cum-beds, bed-sheets, and baby care sheets under flagship brands Sleepwell, Kurl-on, Starlite, and Furlenco. Operations span Asia, Australia, and Europe with over 12 manufacturing plants producing 90,000 tonnes of more than 100 foam types annually, serving industries like bedding, furniture, automotive, aviation, healthcare, hospitality, petrochemicals, and sound absorption; the company maintains a pan-India distribution network of over 20,000 touchpoints including 5,500 exclusive outlets. Founded in 1971 and headquartered in Noida, Uttar Pradesh, Sheela Foam focuses on residential, hotel, hospital, and educational institution customers while exporting to approximately 32 countries. Recent developments include the 2023 acquisitions of Kurl-on, the market leader in rubberised coir mattresses, and a controlling stake in Furlenco, followed by an additional investment of nearly $13.9 million in Furlenco in December 2025 to support its expansion, product innovation, supply chain strengthening, and omnichannel growth; in 2024, the company completed the amalgamation of subsidiary International Comfort Technologies and purchased land and building in Gujarat for 412.1 million rupees, alongside leadership changes naming Rahul Gautam as Chairman and Managing Director.