About Aqualite
Aqualite is a company based in Delhi (India) founded in 1981 by Aviral Gupta, Mukesh Gupta, Avichal Gupta, Devanshu Gupta, Ashish Gupta, Anil Gupta, and Davinder Kumar Gupta.. Aqualite has raised $37.25 million across 6 funding rounds from investors including Lighthouse Funds, Varun Gupta and Shalini Goel. Aqualite offers products and services including Footwear and Dealership Services.
- Headquarter Delhi, India
- Founders Aviral Gupta, Mukesh Gupta, Avichal Gupta, Devanshu Gupta, Ashish Gupta, Anil Gupta, Davinder Kumar Gupta
- Stage Minicorn
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Sectors
Consumer
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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 Aqualite India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37.25 M (USD)
in 6 rounds
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Latest Funding Round
$35.58 M (USD), Unspecified
Nov 25, 2018
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Investors
Lighthouse Funds
& 30 more
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Employee Count
Employee Count
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Products & Services of Aqualite
Aqualite offers a comprehensive portfolio of products and services, including Footwear and Dealership Services. 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.
Various types of footwear are manufactured and sold by Aqualite, focusing on collections like EVA and PU for everyday use
Opportunities for dealerships are provided by Aqualite to support distribution and retail of its products
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Head Team
1 people
Sales and Marketing
1 people
Leadership Team
1 people
Officer Team
1 people
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Funding Insights of Aqualite
Aqualite has successfully raised a total of $37.25M across 6 strategic funding rounds. The most recent funding activity was a Unspecified round of $35.58 million completed in November 2018. 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 6
- Last Round Unspecified — $35.6M
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First Round
First Round
(05 May 2008)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Unspecified - Aqualite | Valuation | Lighthouse |
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| May, 2016 | Amount | Unspecified - Aqualite | Valuation | Bhavna Gupta | |
| Mar, 2015 | Amount | Unspecified - Aqualite | Valuation | Amit Gupta |
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| 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 Aqualite
Aqualite has secured backing from 31 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lighthouse Funds, Varun Gupta and Shalini Goel. 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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Investment funds for Indian startups are managed by Lighthouse.
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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 Aqualite
| 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 - Aqualite
| 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 |
Aqualite Comparisons
Competitors of Aqualite
| 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 Aqualite
Frequently Asked Questions about Aqualite
When was Aqualite founded?
Aqualite was founded in 1981 and raised its 1st funding round 27 years after it was founded.
Where is Aqualite located?
Aqualite is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Aqualite a funded company?
Aqualite is a funded company, having raised a total of $37.25M across 6 funding rounds to date. The company's 1st funding round was a Unspecified of $16.73K, raised on May 05, 2008.
What does Aqualite do?
Aqualite was established in 1981 in Delhi, India, within the footwear sector. Products such as shoes, flip-flops, sandals, slippers, and related items are included in the catalogue for men, women, and children. Ownership of sub-brands like Ultra, Real-PU, and Aquasoft is maintained by the company. Operations focus on branding and distribution in the Indian market.
What products or services does Aqualite offer?
Aqualite offers Footwear and Dealership Services.
Who are Aqualite's investors?
Aqualite has 31 investors. Key investors include Lighthouse Funds, Varun Gupta, Shalini Goel, Mukesh Gupta, and Avichal Gupta.
What is Aqualite's valuation?
The valuation of Aqualite is $57.57M as of Nov 2018.