GoFloat

Mumbai, India Founded: 2019 • Age: 7 yrs
Flotation and water safety devices are manufactured and exported.
Annual revenue $20,334 Latest available
Total funding $492,777 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About GoFloat

GoFloat is a company based in Mumbai (India) founded in 2019 by Sarang Bora. GoFloat has raised $492.78 thousand across 1 funding round from investors including Pradeep Rathod, Abhaya Srisrimal Jain and Anil Jain. GoFloat offers products and services including Potatoes and Grain Marketing.

  • Headquarter Mumbai, India
  • Founders Sarang Bora
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Gofloat Technologies Private Limited
  • Date of Incorporation 02 May, 2019
  • Jurisdiction Jamkhed, Maharashtra, India
Operational Areas
Consumer → Sports, Leisure & Outdoor Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $20.33 K (USD)
    1005.81
    as on Mar 31, 2022
  • Net Profit
    -$2.35 K (USD)
    81.87
    as on Mar 31, 2022
  • EBITDA
    -$4.08 K (USD)
    69.45
    as on Mar 31, 2022
  • Total Equity Funding
    $492.78 K (USD)

    in 1 rounds

  • Latest Funding Round
    $492.78 K (USD), Angel Round

    Jan 12, 2020

  • Investors

    & 2 more

  • Employee Count
    Not available
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Products & Services of GoFloat

GoFloat offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.

Product name locked
Category locked
Primary

Potatoes are farmed and sold for food and industrial uses by GOFLOAT.

Product name locked
Category locked
Locked

Grains are promoted and distributed from farms by GOFLOAT.

Funding Insights of GoFloat

GoFloat has successfully raised a total of $492.78K through 1 strategic funding round. The most recent funding activity was a Angel Round of $492.78 thousand completed in January 2020. 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 GoFloat

GoFloat has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Pradeep Rathod, Abhaya Srisrimal Jain and Anil Jain.

All
Angel
Investor Description Founded Year Domain Location

Pradeep Rathod

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Locked Locked Locked

Abhaya Srisrimal Jain

-
Locked Locked Locked

Anil Jain

Angel investor, ex-CEO of Nandi Infrastructure, focused on tech startups
Locked Locked Locked
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Investor details for GoFloat

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by GoFloat

Investments
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Investment portfolio details for GoFloat

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Financial Statements - GoFloat

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Detailed financials for GoFloat

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  • Profit trends
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Gofloat Comparisons

GoFloat Primary company
Description
Flotation and water safety devices are manufactured and expo...
Location
Mumbai, India
Founded Year
2019
Annual Revenue
$20.33 K (USD)
Net Profit
-$2.35 K (USD)
EBITDA
-$4.08 K (USD)
Employees
Not available
Premium access

Peer comparison for GoFloat

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Competitors of GoFloat

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Detailed competitors of GoFloat

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Latest news on Gofloat

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Complete news archive for GoFloat

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  • Source and publication date
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Frequently Asked Questions about GoFloat

GoFloat was founded in 2019 and raised its 1st funding round 1 year after it was founded.

GoFloat is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

GoFloat is a funded company, having raised a total of $492.78K across 1 funding round to date.

Annual revenue of GoFloat is $20.33K as on Mar 31, 2022.

GoFloat was founded in 2019 in Mumbai, India. Flotation devices along with other water safety equipment are produced and exported by the company. Operations center on the manufacturing of these products for marine and recreational use. The sector encompasses safety gear for water environments, with distribution handled internationally from the Indian base. Leadership includes co-founder Sarang Bora.

GoFloat offers Potatoes and Grain Marketing.

GoFloat has 3 investors. Key investors include Pradeep Rathod, Abhaya Srisrimal Jain, and Anil Jain.

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