About Ban Group
Ban Group is a company based in Rajkot (India) founded in 2002 was acquired by True North in October 2018. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 335 employees as of March 30, 2024. Ban Group offers products and services including Ayurvedic Medicines, Active Pharmaceutical Ingredients, Industrial Equipment, Clean Energy Solutions, and Personal Care Products. Ban Group operates in a competitive market with competitors including Patanjali Ayurved, LifeChart Ayurveda, Upakarma, Varco Leg Care and Bibo, among others.
- Headquarter Rajkot, India
- Employees 335 as on 30 Mar, 2024
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ban Labs Pvt. Ltd.
- Jurisdiction Rajkot, Gujarat, India
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Annual Revenue
$13.65 M (USD)18204045.34as on Mar 31, 2023
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Net Profit
$-5.79 M (USD)-1145513205.87as on Mar 31, 2023
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EBITDA
$-11.55 M (USD)-36429868.19as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
335
as on Mar 30, 2024
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Acquired by
True North
(Oct 01, 2018)
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Products & Services of Ban Group
Ban Group offers a comprehensive portfolio of products and services, including Ayurvedic Medicines, Active Pharmaceutical Ingredients, Industrial Equipment, Clean Energy Solutions, and Personal Care Products. 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.
Natural solutions for health conditions are provided holistically.
High-quality APIs are developed for global pharmaceutical needs.
Innovative industrial solutions like bubble generators are offered.
Sustainable fuel technologies are developed for environmental benefits.
Beauty and grooming products are crafted for consumers.
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Funding Insights of Ban Group
| 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 Ban Group
Ban Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include True North. 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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Private equity is invested by True North in mid-market companies.
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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 Ban Group
| 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 - Ban Group
| 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 |
Ban Group Comparisons
Competitors of Ban Group
Ban Group 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 Patanjali Ayurved, LifeChart Ayurveda, Upakarma, Varco Leg Care and Bibo, 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 |
Ayurvedic medicines and nutraceuticals are offered via an online platform.
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| domain | founded_year | HQ Location |
Gut health-tech company developing ayurvedic healthcare solutions
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| domain | founded_year | HQ Location |
Internet first D2C brand offering ayurvedic health, beauty, immunity & wellness products
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| domain | founded_year | HQ Location |
Herbal supplements for leg care are manufactured in India.
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| domain | founded_year | HQ Location |
Ayurvedic diagnostics and medicines for respiratory health are manufactured.
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| domain | founded_year | HQ Location |
Healthcare consulting services are provided by Sukham in Delhi, India.
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| 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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Frequently Asked Questions about Ban Group
When was Ban Group founded?
Ban Group was founded in 2002.
Where is Ban Group located?
Ban Group is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
How many employees does Ban Group have?
As of Mar 30, 2024, the latest employee count at Ban Group is 335.
What is the annual revenue of Ban Group?
Annual revenue of Ban Group is $13.65M as on Mar 31, 2023.
What does Ban Group do?
Ban Group is involved in the production of diverse products across multiple sectors including healthcare, personal care, clean energy, and industrial equipment. Ayurvedic medicines and active pharmaceutical ingredients are developed for the healthcare industry, while personal care items like shampoos and fragrances cater to consumer needs. Clean energy solutions are provided through innovative fuel technologies, and industrial equipment is manufactured to enhance efficiency. Operations are supported by state-of-the-art research and development facilities recognized by the Ministry of Science, Government of India, ensuring high-quality standards across all offerings.
Who are the top competitors of Ban Group?
Ban Group's top competitors include Patanjali Ayurved, LifeChart Ayurveda and Bibo.
What products or services does Ban Group offer?
Ban Group offers Ayurvedic Medicines, Active Pharmaceutical Ingredients, Industrial Equipment, Clean Energy Solutions, and Personal Care Products.
Who are Ban Group's investors?
Ban Group has 1 investor. Key investors include True North.
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