About CREO Tech
CREO Tech is a company based in Bengaluru (India) founded in 2013 was acquired by Hike in August 2017. CREO Tech has raised $5.04 million across 3 funding rounds from investors including Hike, Peak XV Partners and India Quotient. The company has 19 employees as of March 30, 2024. CREO Tech operates in a competitive market with competitors including Xiaomi, Samsung, Apple, boAt and Nothing, among others.
- Headquarter Bengaluru, India
- Employees 19 as on 30 Mar, 2024
- Stage Minicorn
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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
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- Legal Name Motiveprime Consumer Electronics Private Limited
- Date of Incorporation 04 Aug, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$253.16 K (USD)5103.05as on Mar 31, 2017
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Net Profit
-$2.28 M (USD)-262.45as on Mar 31, 2017
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EBITDA
-$2.32 M (USD)-272.37as on Mar 31, 2017
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Total Equity Funding
$5.04 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Series A
Jan 21, 2016
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Investors
Hike
& 8 more
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Employee Count
19
as on Mar 30, 2024
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Acquired by
Hike
(Aug 11, 2017)
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Funding Insights of CREO Tech
CREO Tech has successfully raised a total of $5.04M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in January 2016. 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.
Investors in CREO Tech
CREO Tech has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Hike, Peak XV Partners and India Quotient.
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Early-stage venture capital fund
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Investment in Indian startups across technology and fintech sectors.
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Venture capital firm investing in startups and providing support programs.
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Investor details for CREO Tech
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Investments & Acquisitions by CREO Tech
Investment portfolio details for CREO Tech
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Financial Statements - CREO Tech
Detailed financials for CREO Tech
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Creo Tech Comparisons
Peer comparison for CREO Tech
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Competitors of CREO Tech
CREO Tech 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 Xiaomi, Samsung, Apple, boAt and Nothing, among others.
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Multi-category consumer electronics are offered through an internet-first model.
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Multi-category electronic products are manufactured globally by the company.
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Consumer electronics, computers, and software are designed and sold worldwide.
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Personal audio products, wearables, and mobile accessories are retailed.
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Multi-category electronics are provided by an internet-first brand.
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Multi-category consumer electronics are provided by an internet-first brand.
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Detailed competitors of CREO Tech
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Latest news on Creo Tech
Complete news archive for CREO Tech
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Frequently Asked Questions about CREO Tech
CREO Tech was founded in 2013.
CREO Tech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
CREO Tech is a funded company, having raised a total of $5.04M across 3 funding rounds to date.
As of Mar 30, 2024, the latest employee count at CREO Tech is 19.
Annual revenue of CREO Tech is $253.16K as on Mar 31, 2017.
CREO Tech was founded in 2013 in Bengaluru, India, as a technology company focused on hardware and software innovation. Previously operating as Mango Man Electronics, the HDMI media streaming product Teewe was developed by the firm. Currently, a proprietary operating system built on Android and an accompanying smartphone are under development. Funding of 3 million was secured in a round led by Sequoia India, Beenext, and India Quotient.
CREO Tech has 9 investors. Key investors include Hike, Peak XV Partners, India Quotient, Palaash Ventures, and Beenext.
The valuation of CREO Tech is $7.48M as of Jan 2015.