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
*********
- 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $3.0M
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First Round
First Round
(27 Dec 2013)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series A - CREO Tech | Valuation |
investors |
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| Jan, 2015 | Amount | Series A - CREO Tech | Valuation | Peak XV Partners | |
| Dec, 2013 | Amount | Seed - CREO Tech | Valuation | Kavin Mittal Bharti |
| 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 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. 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 fund
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Venture capital firm investing in startups and providing support programs.
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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 CREO Tech
| 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 - CREO Tech
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Creo Tech Comparisons
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. 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 |
Multi-category consumer electronics are offered through an internet-first model.
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| domain | founded_year | HQ Location |
Multi-category electronic products are manufactured globally by the company.
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| domain | founded_year | HQ Location |
Consumer electronics, computers, and software are designed and sold worldwide.
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| domain | founded_year | HQ Location |
Personal audio products, wearables, and mobile accessories are retailed.
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| domain | founded_year | HQ Location |
Multi-category electronics are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category consumer electronics are provided by an internet-first brand.
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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 Creo Tech
Frequently Asked Questions about CREO Tech
When was CREO Tech founded?
CREO Tech was founded in 2013.
Where is CREO Tech located?
CREO Tech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is CREO Tech a funded company?
CREO Tech is a funded company, having raised a total of $5.04M across 3 funding rounds to date. The company's 1st funding round was a Seed of $242.24K, raised on Dec 27, 2013.
How many employees does CREO Tech have?
As of Mar 30, 2024, the latest employee count at CREO Tech is 19.
What is the annual revenue of CREO Tech?
Annual revenue of CREO Tech is $253.16K as on Mar 31, 2017.
What does CREO Tech do?
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.
Who are the top competitors of CREO Tech?
Who are CREO Tech's investors?
CREO Tech has 9 investors. Key investors include Hike, Peak XV Partners, India Quotient, Palaash Ventures, and Beenext.
What is CREO Tech's valuation?
The valuation of CREO Tech is $7.48M as of Jan 2015.