About GraspIO
GraspIO is a company based in Bengaluru (India) founded in 2011 by Kishore Varma Konduru and Shanmugha Tumkur Srinivas. GraspIO has raised $519.08 thousand across 3 funding rounds from investors including Arun Vemuri, Kedar Anil Wagle and Satish Kumar. The company has 4 employees as of April 03, 2024. GraspIO operates in a competitive market with competitors including Arduino, Alif Semiconductor, Raspberry Pi, Wilderness Labs and OpenBCI, among others.
- Headquarter Bengaluru, India
- Employees 4 as on 03 Apr, 2024
- Founders Kishore Varma Konduru, Shanmugha Tumkur Srinivas
- Stage Minicorn
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Grasp Io Innovations Private Limited
- Date of Incorporation 18 Aug, 2011
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$6.38 K (USD)-15.75as on Mar 31, 2023
-
Net Profit
-$84.96 K (USD)12.48as on Mar 31, 2023
-
EBITDA
-$60.03 K (USD)29.04as on Mar 31, 2023
-
Total Equity Funding
$519.08 K (USD)
in 3 rounds
-
Latest Funding Round
$235.31 K (USD), Angel Round
May 23, 2017
-
Investors
CIIE
& 25 more
-
Employee Count
4
as on Apr 03, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of GraspIO
GraspIO has successfully raised a total of $519.08K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $235.31 thousand completed in May 2017. 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 GraspIO
GraspIO has secured backing from 26 investors, including angel and institutional investors. Prominent investors backing the company include Arun Vemuri, Kedar Anil Wagle and Satish Kumar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Startup incubator
|
Locked | Locked | Locked | |
|
Investments are managed by Dalal & Broacha as a firm.
|
Locked | Locked | Locked | |
|
AV
Arun Vemuri |
-
|
Locked | Locked | Locked |
Investor details for GraspIO
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by GraspIO
Investment portfolio details for GraspIO
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - GraspIO
Detailed financials for GraspIO
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Graspio Comparisons
Peer comparison for GraspIO
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of GraspIO
GraspIO 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 Arduino, Alif Semiconductor, Raspberry Pi, Wilderness Labs and OpenBCI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of an open-source electronics prototyping platform
|
|
| Locked | Locked | Locked |
Processors and microcontrollers for AI-enabled embedded computing are supplied.
|
|
| Locked | Locked | Locked |
Provider of computing products designing, documentation, support and manufacturing of Microcontrollers
|
|
| Locked | Locked | Locked |
IoT-enabled development boards are developed for enterprises.
|
|
| Locked | Locked | Locked |
Open-source brain-computer interfaces are provided for biosensing and neurofeedback.
|
|
| Locked | Locked | Locked |
Speech recognition software is provided for various sectors.
|
Detailed competitors of GraspIO
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Graspio
Complete news archive for GraspIO
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.
Frequently Asked Questions about GraspIO
GraspIO was founded in 2011 and raised its 1st funding round 4 years after it was founded.
GraspIO is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
GraspIO is a funded company, having raised a total of $519.08K across 3 funding rounds to date.
As of Apr 03, 2024, the latest employee count at GraspIO is 4.
Annual revenue of GraspIO is $6.38K as on Mar 31, 2023.
Grasp IO offers a prototyping platform enabling users to quickly build IoT and Robotics. It offers Cloudio, a DIY Raspberry Pi add-on board with drag-n-drop programming interface on iOS and Android devices. The board is equipped with a 0.96-inch OLED display, IR sensor, light sensor, temperature sensor, tactile switch, three ADC ports, a mini servomotor port for external sensors, three digital output ports, an RGB LED, and a buzzer. Applications include voice control, speech output, IFTTT integration, sensor monitoring, custom and camera notifications etc. As of March 2018, it is priced at 39.99. The product is manufactured and distributed by Premier Farnell UK Limited and member companies of Premier Farnell Group.
GraspIO's top competitors include Arduino, Alif Semiconductor and Raspberry Pi.
GraspIO has 26 investors. Key investors include Arun Vemuri, Kedar Anil Wagle, Satish Kumar, Dinesh Kumar, and Ajith Kumar.
The valuation of GraspIO is $3M as of Oct 2016.