About Aretto
Aretto is a company based in Pune (India) founded in 2019 by Sanjay Mittal, Krutika Lal, and Satyajit Mittal. Aretto has raised $1.29 million across 3 funding rounds from investors including Ubik Solution, Veromint and Asgglobal. Aretto offers products and services including Aretto Leaps Kids Shoes Cross Court, Aretto Leaps Kids Shoes All Black, Aretto Leaps Kids Shoes Submariner, Aretto Leaps Kids Shoes Candy Floss, and Aretto Leaps Kids Shoes Colour Pop. Aretto operates in a competitive market with competitors including Plaeto, Aria + Nica, ONYC, Stepwhere and Buds Life, among others.
- Headquarter Pune, India
- Founders Sanjay Mittal, Krutika Lal, Satyajit Mittal
- Stage Minicorn
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Sectors
ConsumerRetail
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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 Sanosyzo Private Limited
- Date of Incorporation 26 Feb, 2020
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$54.79 K (USD)0as on Mar 31, 2023
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Net Profit
-$136.8 K (USD)-28703.97as on Mar 31, 2023
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EBITDA
-$138.32 K (USD)-38896.47as on Mar 31, 2023
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Total Equity Funding
$1.29 M (USD)
in 3 rounds
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Latest Funding Round
$303.5 K (USD), Seed
Mar 28, 2024
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Investors
Ubik Solution
& 33 more
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Employee Count
Not available
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Products & Services of Aretto
Aretto offers a comprehensive portfolio of products and services, including Aretto Leaps Kids Shoes Cross Court, Aretto Leaps Kids Shoes All Black, Aretto Leaps Kids Shoes Submariner, Aretto Leaps Kids Shoes Candy Floss, and Aretto Leaps Kids Shoes Colour Pop.
Expandable shoes with adaptive grooves for growing children's feet.
Comfortable, adjustable shoes designed for kids' daily activities.
Stylish shoes that adapt to foot growth for active play.
Flexible shoes with memory foam for enhanced comfort.
Durable, expanding shoes suitable for various kid activities.
Funding Insights of Aretto
Aretto has successfully raised a total of $1.29M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $303.5 thousand completed in March 2024. 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 Aretto
Aretto has secured backing from 34 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Ubik Solution, Veromint and Asgglobal.
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Investor details for Aretto
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Investments & Acquisitions by Aretto
Investment portfolio details for Aretto
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Financial Statements - Aretto
Detailed financials for Aretto
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Aretto Comparisons
Peer comparison for Aretto
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Competitors of Aretto
Aretto 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 Plaeto, Aria + Nica, ONYC, Stepwhere and Buds Life, among others.
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Footwear for men, women, and children is designed and manufactured.
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Kids' footwear is offered by an internet-first brand.
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Kids' footwear is offered through a digital platform.
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Smart shoes provide real-time child tracking, step counting, and safety monitoring.
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Provides supportive footwear for children's growth and daily activities.
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Detailed competitors of Aretto
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Latest news on Aretto
Complete news archive for Aretto
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Frequently Asked Questions about Aretto
Aretto was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Aretto is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Satyajit Mittal is the current CEO of Aretto. They have also founded this company.
Aretto is a funded company, having raised a total of $1.29M across 3 funding rounds to date.
Annual revenue of Aretto is $54.79K as on Mar 31, 2023.
Internet first brand offering multi-category footwear for kids. It includes shoes and sneakers with grooves and memory foam in different colors and sizes. It claims that the shoes are flexible with shoe size expansion technology for growing kids.
Aretto's top competitors include Plaeto, ONYC and Aria + Nica.
Aretto offers Aretto Leaps Kids Shoes Cross Court, Aretto Leaps Kids Shoes All Black, Aretto Leaps Kids Shoes Submariner, Aretto Leaps Kids Shoes Candy Floss, and Aretto Leaps Kids Shoes Colour Pop.
Aretto has 34 investors. Key investors include Ubik Solution, Veromint, Asgglobal, Sandeep Kumar Chawda, and Ishan Rao.
The valuation of Aretto is $7.67M as of Mar 2024.