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
Employee Count
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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. 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.
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $303,500
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First Round
First Round
(01 Aug 2022)
- Investors Count 34
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Aretto | Valuation | Asgglobal | |
| Apr, 2023 | Amount | Seed - Aretto | Valuation | Veromint , Shashank Deshpande | |
| Aug, 2022 | Amount | Seed - Aretto | Valuation | Shyam Raichura |
| 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 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. 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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Founded Year | Domain | Location | |
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Venture capital is invested in healthcare technology startups.
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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 Aretto
| 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 - Aretto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Aretto Comparisons
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. 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 |
Footwear for men, women, and children is designed and manufactured.
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| domain | founded_year | HQ Location |
Kids' footwear is offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Kids' footwear is offered through a digital platform.
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| domain | founded_year | HQ Location |
Smart shoes provide real-time child tracking, step counting, and safety monitoring.
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| domain | founded_year | HQ Location |
Provides supportive footwear for children's growth and daily activities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Aretto
Frequently Asked Questions about Aretto
When was Aretto founded?
Aretto was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Aretto located?
Aretto is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Aretto?
Satyajit Mittal is the current CEO of Aretto. They have also founded this company.
Is Aretto a funded company?
Aretto is a funded company, having raised a total of $1.29M across 3 funding rounds to date. The company's 1st funding round was a Seed of $283.58K, raised on Aug 01, 2022.
What is the annual revenue of Aretto?
Annual revenue of Aretto is $54.79K as on Mar 31, 2023.
What does Aretto do?
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.
Who are the top competitors of Aretto?
Aretto's top competitors include Plaeto, ONYC and Aria + Nica.
What products or services does Aretto offer?
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.
Who are Aretto's investors?
Aretto has 34 investors. Key investors include Ubik Solution, Veromint, Asgglobal, Sandeep Kumar Chawda, and Ishan Rao.
What is Aretto's valuation?
The valuation of Aretto is $7.67M as of Mar 2024.