About Altor
Altor is a company based in Kolkata (India) founded in 2018 by Shamik Guha, Sayan Tapadar, and Muhammad Bilal Shakil. Altor has raised $286.36 thousand across 5 funding rounds from investors including Venture Catalysts, Apex Group and IIIT Hyderabad. Altor offers products and services including Smart Helmets. Altor operates in a competitive market with competitors including MIPS, Sena, Lumos Helmet, Livall and Jarsh Safety, among others.
- Headquarter Kolkata, India
- Founders Shamik Guha, Sayan Tapadar, Muhammad Bilal Shakil
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Sectors
TechnologyTransportation, Automotive & Logistics
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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 Praesus Technologies Private Limited
- Date of Incorporation 20 Sep, 2018
- Jurisdiction 24 Parganas, West Bengal, India
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Annual Revenue
$119.08 K (USD)5414.06as on Mar 31, 2023
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Net Profit
-$53.89 K (USD)-58.13as on Mar 31, 2023
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EBITDA
-$153.32 K (USD)-370.52as on Mar 31, 2023
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Total Equity Funding
$286.36 K (USD)
in 5 rounds
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Latest Funding Round
$66.89 K (USD), Seed
Feb 07, 2022
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Investors
Venture Catalysts
& 36 more
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Employee Count
Not available
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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.
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.
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Early-stage investment fund providing seed funding and mentorship to Indian startups.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Early-stage tech startups are supported via investments and advisory services.
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Investor details for Altor
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Investments & Acquisitions by Altor
Investment portfolio details for Altor
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Financial Statements - Altor
Detailed financials for Altor
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Altor Comparisons
Peer comparison for Altor
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Competitors of Altor
Altor 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 MIPS, Sena, Lumos Helmet, Livall and Jarsh Safety, among others.
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Brain protection systems for helmets are developed and manufactured.
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Sena is recognized for developing communication devices for various activities.
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Bicycle helmets with integrated controls are manufactured by Lumos Helmet.
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Smart and safe cycling helmet
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Smart safety wearables are designed and manufactured for worker protection.
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Helmet accessory for improving visibility with a fall detection feature
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Detailed competitors of Altor
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Latest news on Altor
Complete news archive for Altor
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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 current CEO of Altor. They have also founded this company.
Altor is a funded company, having raised a total of $286.36K across 5 funding rounds to date.
Annual revenue of Altor is $119.08K as on Mar 31, 2023.
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 Sena, Jarsh Safety and Lumos Helmet.
Altor offers Smart Helmets.
Altor has 37 investors. Key investors include Venture Catalysts, Apex Group, IIIT Hyderabad, Church World Service, and Thapar Vision.