About iBall
iBall is a company based in Mumbai (India) founded in 2001.. iBall has raised $10.79 million across 3 funding rounds from investors including Girik Capital, Pentagon Builders and Charandeep Singh Saluja. The company has 103 employees as of March 31, 2024.
- Headquarter Mumbai, India
- Employees 103 as on 31 Mar, 2024
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Best It World (India) Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$13.92 M (USD)-72.03as on Mar 31, 2021
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Net Profit
$-16.07 M (USD)-76.32as on Mar 31, 2021
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EBITDA
$-4.95 M (USD)51.51as on Mar 31, 2021
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Total Equity Funding
$10.79 M (USD)
in 3 rounds
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Latest Funding Round
$8.5 M (USD), Series B
Feb 14, 2018
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Investors
Girik Capital
& 20 more
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Employee Count
103
as on Mar 31, 2024
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Funding Insights of iBall
iBall has successfully raised a total of $10.79M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $8.5 million completed in February 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 Total Funding
- Total Rounds 3
- Last Round Series B — $8.5M
- First Round First Round
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series B - iBall | Valuation | Girik Capital , Charandeep Singh Saluja | |
| May, 2016 | Amount | Series A - iBall | Valuation | Brand Capital | |
| Jun, 2010 | Amount | Series A - iBall | Valuation | Brand Capital |
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| 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 iBall
iBall has secured backing from 21 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Girik Capital, Pentagon Builders and Charandeep Singh Saluja. 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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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location | |
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Operates as an investment management firm handling diversified funds and portfolios.
|
Founded Year | Domain | Location | |
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Delivers comprehensive real estate development services for various projects.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by iBall
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - iBall
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iball Comparisons
Competitors of iBall
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| 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.
|
Latest news on Iball
Frequently Asked Questions about iBall
When was iBall founded?
iBall was founded in 2001 and raised its 1st funding round 9 years after it was founded.
Where is iBall located?
iBall is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of iBall?
Sandeep Parasrampuria is the current CEO of iBall.
Is iBall a funded company?
iBall is a funded company, having raised a total of $10.79M across 3 funding rounds to date.
How many employees does iBall have?
As of Mar 31, 2024, the latest employee count at iBall is 103.
What is the annual revenue of iBall?
Annual revenue of iBall is $13.92M as on Mar 31, 2021.
What does iBall do?
iBall was founded in 2001 in Mumbai, India, as a manufacturer and brand in the consumer electronics sector. A range of products, including PCs, tablets, mobiles, routers, security cameras, headsets, speakers, scanners, and storage devices, is produced. These items are distributed globally via partnered online and offline retailers. Operations focus on categories such as imaging and mobile accessories.
Who are iBall's investors?
iBall has 21 investors. Key investors include Girik Capital, Pentagon Builders, Charandeep Singh Saluja, Shreans Daga, and Varun Daga.
What is iBall's valuation?
The valuation of iBall is $26.98M as of Feb 2018.