About Ignite
Ignite is a company based in Las Vegas (United States) founded in 1985.. The company has 18 employees as of December 31, 2022. Ignite has completed 1 acquisition, including Gen X Biosciences. Ignite operates in a competitive market with competitors including Emmac, Canada House, Poof, Bonza Seeds and Buds2Go, among others.
- Headquarter Las Vegas, United States
- Employees 18 as on 31 Dec, 2022
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ignite International Brands Private Limited
- Date of Incorporation 21 Nov, 2023
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$2.86 M (USD), Post-IPO
Sep 07, 2021
- Investors
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Employee Count
18
as on Dec 31, 2022
- Investments & Acquisitions
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Funding Insights of Ignite
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $2.9M
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First Round
First Round
(07 Sep 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Post-IPO - Ignite | Valuation |
investors |
| 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 Ignite
Ignite has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Brisa Max. 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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Brisa Max is a company based in Virgin Islands.
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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 Ignite
Ignite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Gen X Biosciences. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cannabis products are cultivated and extracted using proprietary systems.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ignite
| 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 |
Ignite Comparisons
Competitors of Ignite
Ignite 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 Emmac, Canada House, Poof, Bonza Seeds and Buds2Go, 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 |
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| domain | founded_year | HQ Location |
Medical cannabis products are produced and supplied by Emmac.
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| domain | founded_year | HQ Location |
Medical-grade cannabis is cultivated and cannabinoid therapy is provided globally.
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| domain | founded_year | HQ Location |
Payment gateways for cryptocurrencies, banking, and credit cards are facilitated.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in cannabis seeds.
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| domain | founded_year | HQ Location |
Medicinal cannabis products and accessories are sold online.
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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 Ignite
Frequently Asked Questions about Ignite
When was Ignite founded?
Ignite was founded in 1985 and raised its 1st funding round 36 years after it was founded.
Where is Ignite located?
Ignite is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
How many employees does Ignite have?
As of Dec 31, 2022, the latest employee count at Ignite is 18.
What does Ignite do?
The company was founded in 1985 in Las Vegas, United States, within the cannabis sector. An online marketplace platform is operated for cannabis products, including CBD-infused items such as flavored drops, vape pens, toothpicks, and rechargeable variants. Online ordering is facilitated for strains like sativa, indica, hybrids, and CBD-rich types, serving users across relevant geographies.
Who are the top competitors of Ignite?
Ignite's top competitors include Emmac, Canada House and Poof.
How many acquisitions has Ignite made?
Ignite has made 1 acquisition, including Gen X Biosciences.
Who are Ignite's investors?
Ignite has 1 investor. Key investors include Brisa Max.
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