About Chizel
Chizel is a company based in Pune (India) founded in 2014 by Ravi Ranjan and Yash Rane was acquired by Truventor in December 2020. Chizel has raised $123.41 thousand across 1 funding round from investors including Truventor, Hiro Mashita and dreamcapitalcorp.net. Chizel operates in a competitive market with competitors including Morf3D, AddiFab, Midwest Composite Technologies, Exentis group and Response Technologies, among others.
- Headquarter Pune, India
- Founders Ravi Ranjan, Yash Rane
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website chizel.io
- Social LinkedIn Facebook
- Acquired by Truventor (Dec 2020)
- Legal Name Truventor Materials Private Limited
- Date of Incorporation 07 Oct, 2014
- Jurisdiction Pune, Maharashtra, India
Associated legal entities of Chizel
Chizel operates through Truventor Materials Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Truventor Materials Private Limited CIN U27100PN2014PTC152735 | Active | 07 Oct 2014 | Pune, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Funding Insights of Chizel
Chizel has successfully raised a total of $123.41K through 1 strategic funding round. The most recent funding activity was a Seed round of $123.41 thousand completed in July 2018. 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 $123,412
- Total Rounds 1
- Last Round Seed — $123,412
- First Round $123,412
(Jul 2018)
- Investors Count 9
All 1 funding rounds of Chizel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2018 | $123,412 | Seed | $1.05M | Hiro Mashita |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2018 | $1.05M | •••••••• |
Last known valuation $1.05M (Jul 2018). 10 investors in total: 4 institutional and 6 angel.
Investors in Chizel
Chizel has secured backing from 10 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Truventor, Hiro Mashita and dreamcapitalcorp.net.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech investments are focused on by GSF in India. | – | gsfindia.com | Delhi, India | |
Real estate investment and leasing management firm | – | dreamcapitalcorp.net | - | |
Limited information available | – | saiaminfosoft.com | - | |
HM Hiro Mashita | - | – | unknown_b8fb762249254c319 | - |
DA Dinesh Agarwal | Founder of IndiaMART, prominent angel investor in Indian startups | – | unknown_862074eac7174782a | - |
SK Surya Kumari Namburu | - | – | unknown_748a0e33beee4375b | - |
RA Roshan Abbas | Media veteran, angel investor, and founder of Kommune, focusing on creative startups. | – | unknown_502974cb85e449528 | - |
MJ Murugavel Janakiraman | Founder of BharatMatrimony, active angel investor in Indian startups | – | unknown_be201670e7004c69b | - |
RA Roshan Abbas | - | – | unknown_acdfae54ea09488a8 | - |
Offers cloud-based on-demand manufacturing solutions. | 2020 | truventor.ai | Pune, India |
Investor details for Chizel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Truventor Materials Private Limited (Chizel)
Truventor Materials Private Limited is the primary company behind Chizel. The board of Truventor Materials Private Limited currently have 2 directors; the longest-serving is Sonam Bagwari, appointed in 2022. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sonam Bagwari DIN 03049538 | Director | 14 May 2022 | 4 yrs 4 mo | Truventor Materials Private Limited |
| Pooja Bahuguna DIN 08392799 | Director | 06 Aug 2022 | 4 yrs 2 mo | Truventor Materials Private Limited |
People of Chizel
2 people are tracked at Chizel (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Chizel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Financials of Chizel
Figures of Truventor Materials Private Limited, the primary company behind Chizel, for FY 2022. Revenue was ₹1.4 Lakh (-99% year on year). Net profit was ₹1.2 Lakh. EBITDA was -₹58,170 (-41% margin). Revenue has grown at a compounded annual rate of -75% over three years and -53% over five years.
- ₹1.4 LakhRevenue · FY 2022 · -99% YoY
- ₹1.2 LakhNet profit
- -₹58,170EBITDA · -41% margin
- -75%Revenue CAGR, 3 years
- -53%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Truventor Materials Private Limited are on its company page.
Detailed financial statements for Chizel
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Chizel
4 dated milestones of Chizel across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Chizel is founded.
- Funding First funding round of $123K.
- Milestone Reaches Minicorn status.
- Exit Acquired by Truventor.
Competitors of Chizel
Chizel 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 Morf3D, AddiFab, Midwest Composite Technologies, Exentis group and Response Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| morf3d.com | 2013 | El Segundo, United States | – | 40 | Additive manufacturing design and services are provided to various industries. | |
| addifab.com | 2014 | Jyllinge, Denmark | $6.3M | 25 | Provider of Industrial 3D Printing services | |
| midwestcomposite.com | 1984 | Hartland, United States | – | 379 | Powders for additive manufacturing operations are manufactured by the company. | |
| exentis-group.com | 2015 | Stetten, Germany | – | – | Manufacturer of products for 3D screen printing process | |
| responsetechs.com | 2015 | Barrington, United States | – | 5 | Technology for treating urethane foams against fluid degradation is developed. | |
| fabrisonic.com | 2011 | Columbus, United States | – | 8 | Ultrasonic Additive Manufacturing to 3D print metals | |
| 10-xl.nl | 2015 | Rotterdam, Netherlands | – | – | Large-scale 3D printing of towing tank models is conducted. | |
| cirp.de | 1994 | Heimsheim, Germany | – | – | 3D prototyping and tooling services are provided via additive manufacturing. |
Detailed competitors of Chizel
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Chizel
Complete news archive for Chizel
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Chizel
10 companies that operate in the same segment as Chizel (3D Printing & Scanning Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Metal-based desktop 3D printers are manufactured for production and prototyping. | 2015 | Burlington, Vermont, United States | USD 446.55 M | – | – | |
Online marketplace to custom manufacture and sell 3D printed products | 2007 | New York, New York, United States | USD 106.9 M | USD 34.46 M | – | |
Industrial 3D printers using selective laser melting technology are manufactured. | 1923 | Ditzingen, Baden-wurttemberg, Germany | – | – | – | |
Carbon digital light synthesis-based 3D printers and materials are provided. | 2013 | Redwood City, California, United States | USD 742.21 M | – | – | |
Manufacturer of selective laser melting technology-based 3D printers | 2015 | San Francisco, California, United States | USD 92.09 M | USD 45.97 M | 105 | |
AI-powered 3D printed launch vehicles are developed for small payloads. | 2015 | Inglewood, California, United States | USD 1.34 B | – | – | |
Develop and manufacture Industrial printers based on Moving Light Technology and Laser Sintering technology | 2008 | Les Mureaux, Ile-de-france, France | USD 27.46 M | – | – |
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Frequently Asked Questions about Chizel
Chizel was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Chizel is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Yash Rane is the current CEO of Chizel. They have also founded this company.
Chizel is a funded company, having raised a total of $123.41K across 1 funding round to date. The company's 1st funding round was a Seed of $123.41K, raised on Jul 2018.
The primary company behind Chizel, Truventor Materials Private Limited, reported revenue of ₹1.4 Lakh for FY 2022, down 99% year on year.
Chizel was founded in 2014 in Pune, India, within the additive manufacturing sector. A cloud platform is operated to deliver data-driven solutions for on-demand production through 3D printing, machining, and injection molding. CNC machining and low-volume production services are also offered, alongside distribution of materials including Nylon, ABS, and rubber, targeting various industrial applications.
Chizel's top competitors include Midwest Composite Technologies, Morf3D and Exentis group.
Chizel has 10 investors. Key investors include Truventor, Hiro Mashita, dreamcapitalcorp.net, Dinesh Agarwal, and Surya Kumari Namburu.
The valuation of Chizel is $1.05M as of Jul 2018.
Chizel operates through Truventor Materials Private Limited.
Yes. Chizel was acquired by Truventor in December 2020.
The legal entities of Chizel currently have 2 directors, including Sonam Bagwari, Pooja Bahuguna.