Innova Telecom

Noida, India Founded: 1997 • Age: 29 yrs Acquired By GN Group
Online e-distributor platform offering office supplies

About Innova Telecom

Innova Telecom is a Retail company based in Noida (India) founded in 1997, and was acquired by GN Group in May 2018. Online e-distributor platform offering office supplies. The company was acqui-hired. Its focus areas include B2B E-Commerce, Office Supplies and E-Distributor. Its legal entity in India is Innova Solar Systems Private Limited (U74140DL2014PTC271269). Its competitors include WorkStore, Make My Chairs and Dot Workplace Solutions; 1 of its 3 listed competitors has raised funding.

Company details

Innova Telecom was established in 1997 and is headquartered in Noida, India. An online e-distributor platform is operated, focusing on office supplies within the telecommunications and accessories sector. Products such as headsets, speakers, videoconferencing equipment, wireless headsets, USB adaptors, extension cords, and screen mounts are offered to customers. Distribution occurs digitally, serving business needs in the region.

Operational Areas
Key Metrics
  • Annual Revenue
    $1.56 M (USD)
    20
    as on Mar 31, 2015
  • Net Profit
    $23.23 K (USD)
    -67
    as on Mar 31, 2015
  • EBITDA
    $45.64 K (USD)
    -56
    as on Mar 31, 2015
  • Investors
  • Acquired by
    GN Group

    (May 2018)

Investors in Innova Telecom

Innova Telecom has secured backing from 1 investor. Prominent investors backing the company include GN Group.

All
InvestorDescriptionFounded YearDomainLocation
GN Group is engaged in audio technology and hearing solutions.
1869gn.comBallerup, Denmark
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Investor details for Innova Telecom

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Board of directors of Innova Solar Systems Private Limited (Innova Telecom)

Innova Solar Systems Private Limited is the primary company behind Innova Telecom. The boards of the 3 registered companies of Innova Telecom currently have 2 directors; the longest-serving is Rajesh Ghei, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Rajesh Ghei
DIN 00696943
Designated Partner05 Sep 20188 yrs 1 moKalyani Apparels Llp, Innova Solar Systems Private Limited, Innova Am Tech Private Limited
Anu Ghei
DIN 01094285
Designated Partner05 Sep 20188 yrs 1 moKalyani Apparels Llp, Innova Solar Systems Private Limited, Innova Am Tech Private Limited

Timeline of Innova Telecom

2 dated milestones of Innova Telecom across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Innova Telecom is founded.
  2. Exit Acquired by GN Group.

Competitors of Innova Telecom

Innova Telecom has 3 listed competitors in our database, 1 of them funded. They include WorkStore, Make My Chairs and Dot Workplace Solutions.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
workstore.in2007Mumbai, India$16.67M
Office supplies are sold through an online platform in India.
makemychairs.com2016Chennai, India264
Serves as an e-distributor specializing in office furniture.
dotworkplace.com2013Bengaluru, India64
Functions as an e-distributor of furniture for businesses and customers.
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Detailed competitors of Innova Telecom

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Top companies in B2B Marketplaces & Wholesale

2 companies that operate in the same segment as Innova Telecom (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
1999Noida, Uttar Pradesh, IndiaUSD 38.2 MUSD 167.23 M6,222
Digital procurement and supply solutions for construction materials are facilitated.
2016Thane, Maharashtra, IndiaUSD 783.57 MUSD 1.43 B2,645
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Related news about Innova Telecom

Jabra strengthens its presence in India
Financialexpress β€’ 8 years ago
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Frequently Asked Questions about Innova Telecom

Innova Telecom was founded in 1997.

Innova Telecom is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Annual revenue of Innova Telecom is $1.56M as on Mar 31, 2015.

Innova Telecom was established in 1997 and is headquartered in Noida, India. An online e-distributor platform is operated, focusing on office supplies within the telecommunications and accessories sector. Products such as headsets, speakers, videoconferencing equipment, wireless headsets, USB adaptors, extension cords, and screen mounts are offered to customers. Distribution occurs digitally, serving business needs in the region.

Innova Telecom's top competitors include Make My Chairs, WorkStore and Dot Workplace Solutions.

Innova Telecom has 1 investor. Key investors include GN Group.

Innova Telecom is associated with 3 legal entities: Innova Solar Systems Private Limited, Kalyani Apparels Llp, Innova Am Tech Private Limited.

Yes. Innova Telecom was acquired by GN Group in May 2018.

The legal entities of Innova Telecom currently have 2 directors, including Rajesh Ghei, Anu Ghei.

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