What Practico Interior Solutions Pvt. Ltd does

Practico Interior Solutions Pvt. Ltd is a Delhi-headquartered, privately held multi-disciplinary solutions provider founded in 2011 that manufactures and supplies digital electronic locking solutions and electrical connectivity products for commercial interiors in India. The company operates two core product portfolios: DigiLock (powered by Numeris firmware), which delivers keyless electronic locks for furniture, cabinets, and lockers with keypad and RFID interfaces including the Aspire, Versa Standard, and Versa Mini sub-lines, and Connect System, which provides floor boxes, table boxes, and accessories for power and data connectivity in workspace furniture.

The business serves enterprise customers across workspace, healthcare, hospitality, retail, manufacturing, and government sectors, with a stated installed base of 5,000+ customers and a notable logo roster including Adobe, EY, BlackRock, Airbus, Indigo, Vistara, Ericsson, British Council, Puma, Kronos, Cerner, Bharti, and Fluor. Distribution is direct B2B enterprise sales across India, supported by 50+ employees, toll-free sales lines, and inquiry forms. Pricing is quote-based with multi-year enterprise contracts; no public pricing exists.

Technology differentiation rests on patented electronic key management, mobile app-based programming and audit trails, battery longevity (128,000 cycles for keypad, 54,000 cycles for RFID), and a 2020 strategic partnership with Germany's GBneuhaus GmbH for antimicrobial nano coating on touchable surfaces. The company is founder/operator-led (Director Gaurav Kapoor), with no disclosed external funding, parent company, or public listing.

Name

Practico Interior Solutions Pvt. Ltd

Legal name

Practico Interior Solutions Pvt. Ltd

Website

https://practico.in

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Practico Interior Solutions is a Delhi-based, privately held company founded in 2011 that manufactures digital electronic locking solutions (DigiLock) and electrical connectivity products (Connect System) for enterprise customers across workspace, healthcare, hospitality, retail, manufacturing, and government sectors in India.

Ownership category

akta.pro rank

Product category

Commercial Security Hardware and Electrical Connectivity

NAICS

Showcase, Partition, Shelving, and Locker Manufacturing (337215), Office Furniture (including Fixtures) Manufacturing (33721)

SIC

Partitions, Shelvg, Lockers, & Office & Store Fixtures (2540), Miscellaneous Furniture & Fixtures (2590), Electronic Components & Accessories (3670)

akta.pro primary industry

Office Furniture Moving, Installation & Reconfiguration (Systems Furniture) (HSAKAKAE)

akta.pro secondary industries

Closet Systems & Storage Built-Ins (HSAPAIAI), Cables, Mounts & Installation Accessories Retail (HDMI, Wall Mounts, Stands) (CRACAEAJ)

Keywords

• Digital locking solutions
• Electronic cabinet locks
• Electrical floor boxes
• Workspace connectivity products
• RFID keypad locks

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Digital Lock Sales: Sale of DigiLock electronic locking solutions including Aspire, Versa Standard, and Versa Mini product lines with keypad and RFID interfaces.
2. Connect System Products: Sale of floor boxes, table boxes, and accessories for electrical connectivity solutions in workspaces.
3. Installation and Support Services: Modern, convenience electrical and digital locking solutions with execution of projects including assessment and implementation.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Practico Interior Solutions manufactures and supplies two product lines for commercial interiors: DigiLock (digital electronic locking solutions with keypad and RFID variants, including Aspire, Versa Standard, and Versa Mini sub-brands for furniture, cabinets, and lockers) and Connect System (floor boxes, table boxes, and accessories for electrical connectivity in workspaces). The company sells directly to enterprise and institutional customers across workspace, healthcare, hospitality, retail, manufacturing, and government sectors in India, and complements hardware sales with installation and project-execution services.

Product overview

Practico Interior Solutions offers two distinct product portfolios: DigiLock (powered by Numeris firmware) and Connect System. DigiLock provides digital electronic locking solutions including Aspire, Versa Standard, and Versa Mini product lines with keypad and RFID interface options for furniture, cabinets, and lockers across commercial sectors. Connect System delivers electrical floor boxes, table boxes, and accessories for workspace connectivity. The company serves workspace, healthcare, hospitality, retail, manufacturing, and government markets with over 5,000 customers and corporates since founding in 2011.

Differentiator

Problem solved

Functional benefit

Brands

• DigiLock: Digital electronic locks for workspace and homes, including products like Aspire, Versa Standard, and Versa Mini in keypad and RFID variants.
• Connect System

Products and services

• DigiLock (Numeris) Digital electronic locking solutions for furniture, cabinets, and lockers, featuring keypad and RFID interface options with Numeris firmware for flexible management. Targets workspace, healthcare, hospitality, retail, manufacturing, and government sectors.
• Aspire

Quantifiable outcome

• Battery life of 128,000 cycles for Keypad & 54,000 cycles for RFID

Named customers14 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• GBneuhaus GmbH, GermanycoreStrategic or Co-development Partner · 5 June 2020Partnership with GBneuhaus GmbH for specialized Nano Coating technology on touchable areas of electrical products and accessories. The antimicrobial coating prevents formation of new bacteria and restricts growth of existing bacteria, helping protect customers and prevent virus spread.

Scale indicators3 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Assa Abloy: Global lock and access-control conglomerate that owns Digilock; competes with Practico across enterprise workspace, hospitality, and healthcare segments as a broad incumbent with deeper R&D, channel, and capital resources.
• Schneider Electric: Global electrical equipment and building systems giant whose power-distribution and workspace connectivity portfolio broadly overlaps with Practico's Connect System offerings at the high end of enterprise and infrastructure projects.
• Dormakaba: Swiss-listed global access solutions group with electronic locker/cabinet locks and interior hardware overlapping Practico's offering for large commercial and institutional customers worldwide.
• Legrand: French global specialist in electrical and digital building infrastructure including floor boxes and table connectivity modules; overlaps with Practico's Connect System line for workspace electrical access, though Legrand operates at a much larger portfolio scale.
• Häfele: German furniture fittings and electronic access giant; while much broader than Practico, Häfele's Dialock electronic furniture-lock platform competes head-on in the same workspace and hospitality verticals and brings significantly deeper international distribution.

Direct peers

• OE Electrics: UK-based manufacturer of power and data modules (table boxes, floor boxes, in-desk units) for office furniture — Practico's Connect System product line is a near-direct equivalent in functionality and target customer.
• Ojmar: Spanish manufacturer of electronic locks for lockers, cabinets, and furniture with both keypad and RFID offerings, directly competing with Practico in the commercial furniture-lock segment across Europe, Asia, and global enterprise accounts.
• Codelocks (KitLock): Codelocks' KitLock line is a UK-based electronic cabinet/locker lock product family directly comparable to Practico's DigiLock range, targeting the same fitness, education, healthcare, and office furniture segments with similar keypad and RFID interfaces.
• Digilock (Assa Abloy): Digilock is the original US-based pioneer of keypad and RFID locks for furniture, lockers, and cabinets — Practico's closest direct competitor in the digital furniture-lock niche, with similar product positioning (Aspire/Versa equivalent SKUs) and overlapping enterprise customer base.

Others

• Knurr / Vertiv (Knürr): Provider of power and IT infrastructure for workspace and data-center environments; adjacent ecosystem participant whose workspace power-distribution solutions compete with Connect System in larger enterprise tenders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/practico-interior-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Practico Interior Solutions Pvt. Ltd