About Abros
Abros is a company based in Gurugram (India) founded in 2020 by Sandeep Sharma, Pardeep Sharma, Ramesh Kumar Sharma, Kailash Sharma, Pramod Sharma, and Anil Sharma.. Abros has raised $1.57 million across 1 funding round from investors including Priyanka Kumari Brajshahi, Yash Sachdeva and Mamta Gupta. The company has 941 employees as of March 31, 2024. Abros offers products and services including Hyper Fuse Sports Shoes, Anti-Skid Shoes, Trekking Shoes, Hyper Beads Shoes, and Sports Sandals. Abros operates in a competitive market with competitors including Andune, ARDIYO and Anhyle, among others.
- Headquarter Gurugram, India
- Employees 941 as on 31 Mar, 2024
- Founders Sandeep Sharma, Pardeep Sharma, Ramesh Kumar Sharma, Kailash Sharma, Pramod Sharma, Anil Sharma
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Abros Sports International Private Limited
- Date of Incorporation 14 Feb, 2020
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$39.21 M (USD)71.26as on Mar 31, 2023
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Net Profit
$1.56 M (USD)81.97as on Mar 31, 2023
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EBITDA
$2.7 M (USD)109.95as on Mar 31, 2023
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Total Equity Funding
$1.57 M (USD)
in 1 rounds
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Latest Funding Round
$1.57 M (USD), Angel Round
Jan 27, 2021
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Investors
& 10 more
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Employee Count
941
as on Mar 31, 2024
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Products & Services of Abros
Abros offers a comprehensive portfolio of products and services, including Hyper Fuse Sports Shoes, Anti-Skid Shoes, Trekking Shoes, Hyper Beads Shoes, and Sports Sandals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced fusion technology shoes for performance and comfort.
Grip-enhanced shoes for safety in trekking and daily use.
Durable shoes designed for outdoor adventures and trails.
Innovative bead technology for enhanced cushioning and support.
Lightweight sandals suitable for sports and everyday activities.
Funding Insights of Abros
Abros has successfully raised a total of $1.57M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $1.57 million completed in January 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $1.6M
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First Round
First Round
(27 Jan 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Angel Round - Abros | Valuation | Priyanka Kumari Brajshahi , Pinki Kumari |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abros
Abros has secured backing from 11 investors, including angel investors. Prominent investors backing the company include Priyanka Kumari Brajshahi, Yash Sachdeva and Mamta Gupta. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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PK
Priyanka Kumari Brajshahi |
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Founded Year | Domain | Location |
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YS
Yash Sachdeva |
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Founded Year | Domain | Location |
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MG
Mamta Gupta |
Angel investor focusing on early-stage Indian startups in tech and consumer sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abros
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abros
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abros Comparisons
Competitors of Abros
Abros operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Andune, ARDIYO and Anhyle, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides minimalist barefoot shoes for men, women, and training activities.
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| domain | founded_year | HQ Location |
Online retailer offering sports shoes like running, cricket, and badminton footwear.
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| domain | founded_year | HQ Location |
Anhyle designs stylish, functional sports shoes for running, fitness, and everyday use.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abros
Frequently Asked Questions about Abros
When was Abros founded?
Abros was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Abros located?
Abros is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Abros?
Pramod Sharma is the current CEO of Abros. They have also founded this company.
Is Abros a funded company?
Abros is a funded company, having raised a total of $1.57M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.57M, raised on Jan 27, 2021.
How many employees does Abros have?
As of Mar 31, 2024, the latest employee count at Abros is 941.
What is the annual revenue of Abros?
Annual revenue of Abros is $39.21M as on Mar 31, 2023.
What does Abros do?
Abros was established in 2020 in Gurugram, India, as an internet-first brand within the footwear sector. Operations focus on e-commerce distribution of shoes tailored for women and men. The platform, accessible at abrosshoes.com, handles direct-to-consumer sales. Multiple co-founders, including roles like Managing Director and CEO, oversee management and strategic direction from the Indian base.
What products or services does Abros offer?
Abros offers Hyper Fuse Sports Shoes, Anti-Skid Shoes, Trekking Shoes, Hyper Beads Shoes, and Sports Sandals.
Who are Abros's investors?
Abros has 11 investors. Key investors include Priyanka Kumari Brajshahi, Yash Sachdeva, Mamta Gupta, Amaan Rehmatali Dhanani, and Gourav Kumar Hasija.
What is Abros's valuation?
The valuation of Abros is $13.25M as of Jan 2021.