About Altor
Altor is a Technology company based in Kolkata (India) founded in 2018 by Shamik Guha, Sayan Tapadar, and Muhammad Bilal Shakil. Bluetooth-integrated smart helmets. It operates in the Technology and Transportation, Automotive & Logistics sectors. Altor has raised $286.36 thousand across 5 funding rounds from investors including Venture Catalysts, Apex Group and IIIT Hyderabad. Its chief executive, as recorded, is Shamik Guha. Its Indian entity Praesus Technologies Private Limited reported revenue of ₹51.3 Lakh. Altor offers products and services including Smart Helmets. Its focus areas include High Tech, Wearable Technology, Smart Helmets and Internet First Brands. Its competitors include Jarsh Safety and SHELLIOS; 2 of its 2 listed competitors have raised funding.
Company details
Altor was founded in 2018 in Kolkata, India, within the smart mobility sector. Bluetooth-integrated smart helmets are produced by the company, equipped with SOS emergency alert capabilities and accident detection features. Operations focus on enhancing rider safety through integrated technology, with development centered in India to serve regional markets. Core activities involve hardware innovation for personal protective equipment.
- Headquarters Kolkata, India
- Founders Shamik Guha, Sayan Tapadar, Muhammad Bilal Shakil
- SectorsTechnologyTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website altorsmartmobility.com
- Social LinkedIn Facebook Instagram
- Legal Name Praesus Technologies Private Limited
- Date of Incorporation 20 Sep, 2018
- Jurisdiction 24 Parganas, West Bengal, India
- Annual Revenue₹51.3 Lakh
FY 2025 · +16993% YoY
- Net Loss-₹1.31 Cr
FY 2025 · -255% margin
- EBITDA-₹1.18 Cr
FY 2025 · -229% margin
- Total Equity Funding$286.36K (USD)
in 5 rounds
- Latest Funding Round$66.89K (USD), Seed
Feb 2022
- InvestorsVenture Catalysts
& 36 more
Associated legal entities of Altor
Altor operates through Praesus Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Praesus Technologies Private Limited CIN U31100WB2018PTC227956 | Active | 20 Sep 2018 | Kolkata, West Bengal | ₹0.5 Cr | 3 | View details |
Products & Services of Altor
Altor offers a comprehensive portfolio of products and services, including Smart Helmets.
Helmets provide communication, navigation, and safety features for riders.
Funding Insights of Altor
Altor has successfully raised a total of $286.36K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $66.89 thousand completed in February 2022. 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 $286,361
- Total Rounds 5
- Last Round Seed — $66,892
- First Round $14,375
(Jan 2019)
- Investors Count 37
All 5 funding rounds of Altor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $66,892 | Seed | – | Thapar Vision | |
| Aug 2021 | Seed | – | Venture Catalysts | – | |
| Apr 2021 | $71,760 | Seed | – | Church World Service, Amol Vishwanath Pawar | |
| Feb 2020 | $133,334 | Seed | – | Venture Catalysts, Vikas Namdeo Kumar | |
| Jan 2019 | $14,375 | Seed | – | IIIT Hyderabad | – |
37 investors in total: 6 institutional and 31 angel.
Investors in Altor
Altor has secured backing from 37 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, Apex Group and IIIT Hyderabad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investment fund providing seed funding and mentorship to Indian startups. | 2021 | thaparvision.com | Pune, India | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Early-stage tech startups are supported via investments and advisory services. | ice.vc | Mumbai, India | ||
Religious private foundation focused on human welfare | 1946 | cwsglobal.org | United States | |
Apex Group is recognized as a single-source financial solution provider. | 2003 | apexgroup.com | Bermuda | |
Information technology courses are offered at undergraduate and postgraduate levels. | 1998 | iiit.ac.in | Hyderabad, India | |
AG Aman Gupta | Co-founder of boAt, Shark Tank India judge, active angel investor | unknown_a13b46dcc98a4b369 | ||
PN Prateek Nijhawan | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_e5677f7b64a64515a | ||
KK Khandige Karthik Bhatt | unknown_0a543192947b4a069 | |||
SM Sameer Mehta | Co-founder of boAt, leading Indian consumer electronics brand, active angel investor | unknown_5df0b0727a0f4df4b |
Investor details for Altor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Praesus Technologies Private Limited (Altor)
Praesus Technologies Private Limited is the primary company behind Altor. The board of Praesus Technologies Private Limited currently have 3 directors; the longest-serving is Shamik Guha, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shamik Guha DIN 08230706 | Director | 20 Sep 2018 | 8 yrs 1 mo | Praesus Technologies Private Limited |
| Aninda Ghosh DIN 10490127 | Additional Director | 12 Mar 2024 | 2 yrs 7 mo | Praesus Technologies Private Limited |
| Mahua Guha DIN 11406717 | Additional Director | 29 Sep 2025 | 1 yr 1 mo | Praesus Technologies Private Limited |
People of Altor
3 people are tracked at Altor (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Sayan Tapadar | Co-Founder | Leadership |
Muhammad Bilal Shakil | Co-Founder | Leadership |
Complete people profiles for Altor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Altor
Figures of Praesus Technologies Private Limited, the primary company behind Altor, for FY 2025. Revenue was ₹51.3 Lakh (+16993% year on year). Net loss was -₹1.31 Cr (-255% margin). EBITDA was -₹1.18 Cr (-229% margin). Revenue has grown at a compounded annual rate of +206% over three years and +63% over five years.
- ₹51.3 LakhRevenue · FY 2025 · +16993% YoY
- -₹1.31 CrNet loss · -255% margin
- -₹1.18 CrEBITDA · -229% margin
- ₹1.4 LakhPaid-up capital
- +206%Revenue CAGR, 3 years
- +63%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Praesus Technologies Private Limited are on its company page.
Detailed financial statements for Altor
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Altor
3 dated milestones of Altor across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Altor is founded.
- Funding First funding round of $14K.
- Funding Latest funding round, Seed, of $67K.
Competitors of Altor
Altor has 2 listed competitors in our database, 2 of them funded. They include Jarsh Safety and SHELLIOS.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jarshsafety.com | 2016 | Hyderabad, India | $1.07M | Smart safety wearables are designed and manufactured for worker protection. | ||
| shellios.com | 2017 | Noida, India | $98,062 | Smart helmets with communications and filtration systems are manufactured. |
Detailed competitors of Altor
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Altor
The website of Altor (altorsmartmobility.com) receives about 8K visits a month.
- Monthly visits8K
▼ 14.9% vs previous month
Websites whose visitors overlap most with Altor. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| altor.com | 100% | #665,576 | View details |
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Frequently Asked Questions about Altor
Altor was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Altor is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Shamik Guha is the CEO of Altor, as recorded in our data. They have also founded this company.
Altor is a funded company, having raised a total of $286.36K across 5 funding rounds to date. The company's 1st funding round was a Seed of $14.37K, raised on Jan 2019.
The primary company behind Altor, Praesus Technologies Private Limited, reported revenue of ₹51.3 Lakh for FY 2025, up 16993% year on year.
Altor was founded in 2018 in Kolkata, India, within the smart mobility sector. Bluetooth-integrated smart helmets are produced by the company, equipped with SOS emergency alert capabilities and accident detection features. Operations focus on enhancing rider safety through integrated technology, with development centered in India to serve regional markets. Core activities involve hardware innovation for personal protective equipment.
Altor's top competitors include Jarsh Safety and SHELLIOS.
Altor offers Smart Helmets.
Altor has 37 investors. Key investors include Venture Catalysts, Apex Group, IIIT Hyderabad, Church World Service, and Thapar Vision.
Altor operates through Praesus Technologies Private Limited.
The legal entities of Altor currently have 3 directors, including Shamik Guha, Aninda Ghosh, Mahua Guha.