About Aurm
Aurm is a company based in Bengaluru (India) founded in 2023 by Pratap Chandana, Suraj HS, and Vijay Arisetty.. Aurm has raised $6.05 million across 2 funding rounds from investors including Real Time Accelerator Fund, Magnifiq Capital Trust and Bowden Syndicates. The company has 26 employees as of February 28, 2025. Aurm operates in a competitive market with competitors including InPost, Citibox, RedBox, Posten and Instabox, among others.
- Headquarter Bengaluru, India
- Employees 26 as on 28 Feb, 2025
- Founders Pratap Chandana, Suraj HS, Vijay Arisetty
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology
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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 Pransu Technologies Private Limited
- Date of Incorporation 17 Apr, 2023
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$53.68 K (USD)0as on Mar 31, 2024
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Net Profit
$-344.49 K (USD)0as on Mar 31, 2024
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EBITDA
$-333.7 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$6.05 M (USD)
in 2 rounds
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Latest Funding Round
$395.53 K (USD), Seed
Apr 21, 2024
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Investors
Real Time Accelerator Fund
& 5 more
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Employee Count
26
as on Feb 28, 2025
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Funding Insights of Aurm
Aurm has successfully raised a total of $6.05M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $395.53 thousand completed in April 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 2
- Last Round Seed — $395,531
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First Round
First Round
(19 Jul 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Aurm | Valuation | Magnifiq Capital Trust |
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| Jul, 2023 | Amount | Seed - Aurm | Valuation | Bowden Syndicates |
| 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 Aurm
Aurm has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Real Time Accelerator Fund, Magnifiq Capital Trust and Bowden Syndicates. 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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Venture capital funding and support services for early-stage startups in India.
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Founded Year | Domain | Location | |
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Angel investing and mentorship for early-stage startups in India.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech 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 Aurm
| 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 - Aurm
| 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 |
Aurm Comparisons
Competitors of Aurm
Aurm 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 InPost, Citibox, RedBox, Posten and Instabox, 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 |
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| domain | founded_year | HQ Location |
Offers an app providing parcel locker solutions
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| domain | founded_year | HQ Location |
Smart electronic lockers for parcel deliveries are provided.
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| domain | founded_year | HQ Location |
Smart lockers are provided for secure parcel reception and collection.
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| domain | founded_year | HQ Location |
Offers postal services, package delivery, and digital solutions for individuals and businesses.
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| domain | founded_year | HQ Location |
E-commerce deliveries are facilitated to proprietary smart lockers.
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| domain | founded_year | HQ Location |
Electronic parcel storage lockers are installed in residential buildings.
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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 Aurm
Frequently Asked Questions about Aurm
When was Aurm founded?
Aurm was founded in 2023.
Where is Aurm located?
Aurm is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Aurm?
Vijay Arisetty is the current CEO of Aurm. They have also founded this company.
Is Aurm a funded company?
Aurm is a funded company, having raised a total of $6.05M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.65M, raised on Jul 19, 2023.
How many employees does Aurm have?
As of Feb 28, 2025, the latest employee count at Aurm is 26.
What is the annual revenue of Aurm?
Annual revenue of Aurm is $53.68K as on Mar 31, 2024.
What does Aurm do?
Aurm was founded in 2023 in Bengaluru, India, as a provider of security solutions. Smart safety vaults and private lockers are offered to affluent individuals in urban centers. Services include secure storage with military-grade security features, active surveillance, and intrusion detection systems. Operations focus on urban security needs within the technology and safety sector.
Who are Aurm's investors?
Aurm has 6 investors. Key investors include Real Time Accelerator Fund, Magnifiq Capital Trust, Bowden Syndicates, Prime Venture Partners, and Razack Family Trust.
What is Aurm's valuation?
The valuation of Aurm is $26.16M as of Apr 2024.
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