About Butterfly
Butterfly is a company based in Chennai (India) founded in 1986 was acquired by Crompton in February 2022. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 1,960 employees as of March 31, 2024. Butterfly offers products and services including Kitchen Appliances, Breakfast Appliances, and Kitchenware.
- Headquarter Chennai, India
- Employees 1960 as on 31 Mar, 2024
- Stage Public
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Butterfly Gandhimathi Appliances Limited
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Annual Revenue
$101.05 M (USD)-7.17as on Mar 31, 2024
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Net Profit
$3.8 M (USD)340.24as on Mar 31, 2024
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EBITDA
$7.71 M (USD)136.79as on Mar 31, 2024
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Latest Funding Round
$18 M (USD), Post-IPO
May 29, 2012
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Investors
Reliance Capital
& 1 more
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Employee Count
1960
as on Mar 31, 2024
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Acquired by
Crompton
(Feb 22, 2022)
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IPO & Listings of Butterfly
Butterfly is a publicly listed company on the NSE with ticker symbol BUTTERFLY in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Butterfly
Butterfly offers a comprehensive portfolio of products and services, including Kitchen Appliances, Breakfast Appliances, and Kitchenware. 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.
Various kitchen appliances are offered for household use.
Breakfast preparation appliances are provided for daily convenience.
Kitchenware items are supplied for cooking and storage.
Funding Insights of Butterfly
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $18.0M
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First Round
First Round
(29 May 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Post-IPO - Butterfly | Valuation |
investors |
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Butterfly
Butterfly has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Reliance Capital and Crompton. 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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Financial services including loans, insurance, and asset management are provided.
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Founded Year | Domain | Location | |
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Electrical equipment for homes is manufactured and supplied.
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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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Butterfly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Butterfly
| 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 |
Butterfly Comparisons
Competitors of Butterfly
| 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 Butterfly
Frequently Asked Questions about Butterfly
When was Butterfly founded?
Butterfly was founded in 1986 and raised its 1st funding round 26 years after it was founded.
Where is Butterfly located?
Butterfly is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Butterfly?
Prakash Iyer is the current CEO of Butterfly.
How many employees does Butterfly have?
As of Mar 31, 2024, the latest employee count at Butterfly is 1,960.
What is the annual revenue of Butterfly?
Annual revenue of Butterfly is $101.05M as on Mar 31, 2024.
What does Butterfly do?
Butterfly, operated by Butterfly Gandhimathi Appliances Limited, is involved in the production and distribution of modern kitchen and home appliances. The company serves homemakers with a wide range of products including kitchen appliances, breakfast appliances, and kitchenware. With over 50 years of history, operations are conducted across multiple sectors within the consumer goods industry. Solutions are provided through a network of corporate, branch, and international offices, ensuring accessibility in India and globally. Products are designed to enhance household convenience and improve home environments.
What products or services does Butterfly offer?
Butterfly offers Kitchen Appliances, Breakfast Appliances, and Kitchenware.
Is Butterfly publicly traded?
Yes, Butterfly is publicly traded on NSE under the ticker symbol BUTTERFLY.
Who are Butterfly's investors?
Butterfly has 2 investors. Key investors include Reliance Capital, and Crompton.
What is Butterfly's ticker symbol?
The ticker symbol of Butterfly is BUTTERFLY on NSE.
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