About BluArmor
BluArmor is a company based in Bengaluru (India) founded in 2017 by Sundararajan Krishnan.. BluArmor has raised $3.43 million across 5 funding rounds from investors including Athera Venture Partners, KITVEN and Ministry of Electronics & Information Technology. The company has 28 employees as of April 02, 2024. BluArmor operates in a competitive market with competitors including Cardo Systems, UClear Digital, Revsmart, Audyse Technology and EJEAS, among others.
- Headquarter Bengaluru, India
- Employees 28 as on 02 Apr, 2024
- Founders Sundararajan Krishnan
- Stage Minicorn
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Sectors
TechnologyTransportation, Automotive & Logistics
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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 Aptener Mechatronics Private Limited
- Date of Incorporation 18 Jan, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$353.67 K (USD)106.87as on Mar 31, 2023
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Net Profit
$-342.64 K (USD)12.68as on Mar 31, 2023
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EBITDA
$-320.8 K (USD)23.49as on Mar 31, 2023
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Total Equity Funding
$3.43 M (USD)
in 5 rounds
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Latest Funding Round
$1.45 M (USD), Series A
Aug 31, 2023
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Investors
Athera Venture Partners
& 11 more
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Employee Count
28
as on Apr 02, 2024
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Funding Insights of BluArmor
BluArmor has successfully raised a total of $3.43M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.45 million completed in August 2023. 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 5
- Last Round Series A — $1.4M
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First Round
First Round
(13 Jul 2017)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series A - BluArmor | Valuation | Athera | |
| Jan, 2022 | Amount | Grant - BluArmor | Valuation |
investors |
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| Jan, 2019 | Amount | Series A - BluArmor | Valuation | Athera , KITVEN |
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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 BluArmor
BluArmor has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Athera Venture Partners, KITVEN and Ministry of Electronics & Information Technology. 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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Early-stage venture capital investments are provided by Athera.
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Founded Year | Domain | Location | |
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Venture capital fund backed by government financial institutions focused on early and growth stage startups
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Founded Year | Domain | Location | |
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Provider of government programs access & development services
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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 BluArmor
| 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 - BluArmor
| 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 |
Bluarmor Comparisons
Competitors of BluArmor
BluArmor 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 Cardo Systems, UClear Digital, Revsmart, Audyse Technology and EJEAS, 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 |
Communication and entertainment devices are manufactured for powersports helmets.
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| domain | founded_year | HQ Location |
Designs communication platforms for military, industrial, and adventure enthusiast uses.
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| domain | founded_year | HQ Location |
Develops innovative smart communication technologies for motorcycle helmets.
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| domain | founded_year | HQ Location |
Provider of noise reduction device and software for motorcyclist
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| domain | founded_year | HQ Location |
Provides solutions for motorcycle and bicycle Bluetooth intercom systems.
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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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Latest news on Bluarmor
Frequently Asked Questions about BluArmor
When was BluArmor founded?
BluArmor was founded in 2017.
Where is BluArmor located?
BluArmor is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of BluArmor?
Sundararajan Krishnan is the current CEO of BluArmor. They have also founded this company.
Is BluArmor a funded company?
BluArmor is a funded company, having raised a total of $3.43M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.41M, raised on Jul 13, 2017.
How many employees does BluArmor have?
As of Apr 02, 2024, the latest employee count at BluArmor is 28.
What is the annual revenue of BluArmor?
Annual revenue of BluArmor is $353.67K as on Mar 31, 2023.
What does BluArmor do?
BluArmor was founded in 2017 and is based in Bengaluru, India. Motorcycle helmet communication systems are developed and supplied by the company within the automotive technology sector. Integration into vehicles is required for the devices, which deliver navigation guidance, voice note messaging, dust control, air conditioning, defogging capabilities, and additional features. Operations focus on enhancing rider safety and convenience through these integrated solutions.
Who are the top competitors of BluArmor?
BluArmor's top competitors include Cardo Systems, Revsmart and Audyse Technology.
Who are BluArmor's investors?
BluArmor has 12 investors. Key investors include Athera Venture Partners, KITVEN, Ministry of Electronics & Information Technology, Arun Vasu, and Apul Nahata.
What is BluArmor's valuation?
The valuation of BluArmor is $4.66M as of Jan 2019.