iBall

Mumbai, India Founded: 2001 • Age: 25 yrs Minicorn
Diversified consumer electronics products are manufactured and branded by iBall.

About iBall

iBall is a Consumer company based in Mumbai (India) founded in 2001. It operates as a diversified consumer electronics products are manufactured and branded by iBall. 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. iBall was last valued at $26.98 million in February 2018. Its chief executive is Sandeep Parasrampuria. Its website iball.co.in draws about 13 thousand monthly visits. Its Indian entity Best It World (India) Private Limited reported revenue of ₹103 Cr. Its focus areas include Consumer Goods and Diversified Consumer Electronics Brands.

Company details

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.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹103 Cr

    FY 2021 · -72% YoY

  • Net Loss
    -₹120 Cr

    FY 2021 · -115% margin

  • EBITDA
    -₹55.54 Cr

    FY 2021 · -54% margin

  • Total Equity Funding
    $10.79M (USD)

    in 3 rounds

  • Latest Funding Round
    $8.5M (USD), Series B

    Feb 2018

  • Investors
  • Employee Count
    103

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 $10.79M
  • Total Rounds 3
  • Last Round Series B — $8.5M
  • Investors Count 21

All 3 funding rounds of iBall with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2018$8.5MSeries B$26.98MGirik Capital, Charandeep Singh Saluja
May 2016$2.29MSeries A$74.84MBrand Capital
Jun 2010–Series A–Brand Capital
–
Valuation history
DateValuationStage
Feb 2018$26.98M••••••••
May 2016$74.84M••••••••

Last known valuation $26.98M (Feb 2018). 21 investors in total: 6 institutional and 15 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments in early-stage startups are made by Brand Capital.
–brandcapital.co.inMumbai, India
Operates as an investment management firm handling diversified funds and portfolios.
2009girikcap.comMumbai, India
Delivers comprehensive real estate development services for various projects.
2003pentagonbuilders.comKozhikode, India
-
–sunfloweragencies.tcc.mode-
-
–ownleasingfinance.tcc.mode-
Audio products are manufactured by Anysonic for consumer markets.
–anysonic.com-

Charandeep Singh Saluja

-
–unknown_b54abef546764b43a-

Shreans Daga

-
–unknown_6bef1d9288c14f12a-

Varun Daga

-
–unknown_74b73be978e14163b-

Hardik Shah

-
–unknown_5ba61eaf6dc24205b-
Premium access

Investor details for iBall

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Best It World (India) Private Limited (iBall)

Best It World (India) Private Limited is the primary company behind iBall. The board of Best It World (India) Private Limited currently have 5 directors; the longest-serving is Sunil Babulal Kedia, appointed in 2000. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sunil Babulal Kedia
DIN 00140275
Director10 May 200026 yrs 5 moBest It World (India) Private Limited
Sandeep Doshi
DIN 00807923
Director08 Jul 20251 yr 3 moBest It World (India) Private Limited
Rajesh Doshi Kumar
DIN 00807895
Director08 Jul 20251 yr 3 moBest It World (India) Private Limited
Yash Doshi
DIN 09074028
Director30 Jul 20251 yr 2 moBest It World (India) Private Limited
Pradeep Doshi Kumar
DIN 01091477
Director30 Jul 20251 yr 2 moBest It World (India) Private Limited

People of iBall

1 people are tracked at iBall (1 in leadership); the tracked headcount is 103.

NameRoleGroup
CEOLeadership
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Financials of iBall

Figures of Best It World (India) Private Limited, the primary company behind iBall, for FY 2021. Revenue was ₹103 Cr (-72% year on year). Net loss was -₹120 Cr (-115% margin). EBITDA was -₹55.54 Cr (-54% margin). Revenue has grown at a compounded annual rate of -45% over three years and -39% over five years.

  • ₹103 CrRevenue · FY 2021 · -72% YoY
  • -₹120 CrNet loss · -115% margin
  • -₹55.54 CrEBITDA · -54% margin
  • ₹10 LakhPaid-up capital
  • 103Employees (provident fund records)
  • -45%Revenue CAGR, 3 years
  • -39%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Best It World (India) Private Limited are on its company page.

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Detailed financial statements for iBall

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of iBall

4 dated milestones of iBall across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded iBall is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $8.5M.

Web traffic of iBall

The website of iBall (iball.co.in) receives about 13K visits a month.

  • Monthly visits
    13K

    ▲ 21.5% vs previous month

Similar websites

Websites whose visitors overlap most with iBall. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
sony.co.in
100%
–#18,615View details
hclstore.in
hclstore.in
96%
–––
welcome.hp.com
welcome.hp.com
67%
–––
ikall.in
ikall.in
67%
–#1,470,881–
intextechnologies.com
65%
––View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 25 similar websites and full traffic analytics for iBall

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Consumer Electronics

10 companies that operate in the same segment as iBall (Consumer Electronics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Microsoft is recognized for software, hardware, and gaming solutions.
1975Redmond, Washington, United States–USD 281.72 B228,000
Consumer electronics, computers, and software are designed and sold worldwide.
1976Cupertino, California, United States–USD 416.16 B164,000
Multi-category consumer electronics are offered through an internet-first model.
2010Beijing, Beijing, ChinaUSD 1.45 BUSD 63.71 B26,571
Consumer electronics and entertainment products are designed for global markets.
1946New York, New York, United States–USD 78.25 B112,300
Manufacturer of consumer electronics and home appliances products
1984Qingdao, Shandong, China–USD 43.1 B122,730
High-end audio equipment is manufactured for home and automotive sectors.
1965Worthing, United KingdomUSD 37.6 M––
Multi-category electronics are provided by an internet-first brand.
2020London, England, United KingdomUSD 450 MUSD 61.7 M30,907
Speakers and headphones are designed and marketed by Beats Electronics.
2008Santa Monica, California, United StatesUSD 560 M––
Mobile technologies for Nokia are manufactured and supplied globally.
2016Espoo, FinlandUSD 610 MUSD 189.56 M68
Mobile devices, cases, tablets, and screen protectors are offered online.
1928Chicago, Illinois, United StatesUSD 10 MUSD 329.65 M284
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Related news about Iball

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Complete news archive for iBall

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Articles about iBall on our blog

Frequently Asked Questions about iBall

iBall was founded in 2001 and raised its 1st funding round 9 years after it was founded.

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

Sandeep Parasrampuria is the current CEO of iBall.

iBall is a funded company, having raised a total of $10.79M across 3 funding rounds to date.

iBall has 103 employees.

The primary company behind iBall, Best It World (India) Private Limited, reported revenue of ₹103 Cr for FY 2021, down 72% year on year.

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.

iBall has 21 investors. Key investors include Girik Capital, Pentagon Builders, Charandeep Singh Saluja, Shreans Daga, and Varun Daga.

The valuation of iBall is $26.98M as of Feb 2018.

iBall operates through Best It World (India) Private Limited.

The legal entities of iBall currently have 5 directors, including Sunil Babulal Kedia, Yash Doshi, Sandeep Doshi and others.

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