About Latest One
Latest One is a Retail company based in Hyderabad (India) founded in 2014. Mobile and fashion accessories are sold through an online platform. Latest One has raised $6.3 million across 2 funding rounds from investors including pTron, Mathew Cyriac and Ashish Dhawan. The company has 465 employees. Its focus areas include Consumer Electronics E-Commerce, Mobiles and Accessories, Accessories and Multi Category. Its competitors include Kore Mobile, Galaxy ventures and PG Mobiles.
Company details
Latest One was founded in 2014 in Hyderabad, India, as an e-commerce venture focused on electronic accessories for mobiles and laptops, including covers, cables, and power banks. Operations were later expanded to include fashion items such as wallets, watches, and sunglasses. Warehouses are operated in Delhi and Hyderabad, with a third planned for Mumbai. Funding rounds have supported scaling to process thousands of daily orders and manage over 10,000 SKUs.
- Headquarters Hyderabad, India
- Employees 465
- SectorsRetail
- Phone•••• ••••
- Website latestone.com
- Social LinkedIn X Facebook
- Annual Revenue$18.52 M (USD)16as on Mar 31, 2023
- Net Profit-$242.02 K (USD)-379as on Mar 31, 2023
- EBITDA$401.9 K (USD)8as on Mar 31, 2023
- Total Equity Funding$6.3M (USD)
in 2 rounds
- Latest Funding Round$3.3M (USD), Angel Round
Mar 2017
- InvestorspTron
& 2 more
- Employee Count465
Associated legal entities of Latest One
Latest One is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Palred Technologies Limited Listed CIN L72200TG1999PLC033131 | Active | 24 Dec 1999 | Hyderabad, Telangana | ₹82.0 Cr | 4 | 8 | View details |
| Palred Retail Private Limited CIN U74999AP2018PTC108429 | Active | 17 May 2018 | Orvakal, Andhra Pradesh | ₹0.0 Cr | 26 | 3 | View details |
| Palred Electronics Private Limited CIN U22222TG2011PTC073292 | Active | 15 Mar 2011 | Hyderabad, Telangana | ₹85.9 Cr | 458 | 6 | View details |
Funding Insights of Latest One
Latest One has successfully raised a total of $6.3M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $3.3 million completed in March 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.
- Total Funding $6.3M
- Total Rounds 2
- Last Round Angel Round — $3.3M
- First Round $3M
(Dec 2015)
- Investors Count 3
All 2 funding rounds of Latest One with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2017 | $3.3M | Angel Round | – | – | |
| Dec 2015 | $3M | Series A | – | – |
3 investors in total: 1 institutional and 2 angel.
Investors in Latest One
Latest One has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include pTron, Mathew Cyriac and Ashish Dhawan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wearable earphones and accessories are provided by Palred. | 1999 | palred.com | Hyderabad, India | |
MC Mathew Cyriac | Angel investor, ex-Blackstone India head, co-founder Florintree Advisors | unknown_2ed1181dc0694d0ea | ||
AD Ashish Dhawan | Indian angel investor, philanthropist, and founder of Central Square Foundation. | unknown_a70ba08a64144ec9b |
Investor details for Latest One
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 Latest One
The boards of the 3 registered companies of Latest One currently have 10 directors; the longest-serving is Vijaya Saradhi Sribhashyam, appointed in 2014. 37 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijaya Saradhi Sribhashyam DIN 03089889 | Director | 24 Aug 2014 | 12 yrs 2 mo | Palred Electronics Private Limited |
| Venkata Ratna Srinivas Yeluripati DIN 07297254 | Director | 22 Feb 2017 | 9 yrs 8 mo | Palred Electronics Private Limited |
| Ameen Ashik Khwaja DIN 00800284 | Managing Director | 17 May 2018 | 8 yrs 5 mo | Palred Retail Private Limited, Palred Electronics Private Limited |
| Pinekalapati Harish Naidu DIN 07010812 | Director | 17 May 2018 | 8 yrs 5 mo | Palred Retail Private Limited, Palred Electronics Private Limited |
| Aakanksha Sachin Dubey DIN 08792778 | Director | 25 Jun 2020 | 6 yrs 4 mo | Palred Technologies Limited |
| Supriya Reddy Palem DIN 00055870 | Managing Director | 31 Aug 2020 | 6 yrs 2 mo | Palred Technologies Limited |
| Srikar Palem Reddy DIN 00001401 | Director | 31 Aug 2020 | 6 yrs 2 mo | Palred Technologies Limited |
| Stuthi Reddy DIN 07072774 | Director | 31 Aug 2020 | 6 yrs 2 mo | Palred Technologies Limited, Palred Retail Private Limited, Palred Electronics Private Limited |
| Rajagopal Ravichandran DIN 00110930 | Director | 13 May 2025 | 1 yr 5 mo | Palred Technologies Limited |
| Harmendra Gandhi DIN 03599975 | Director | 13 May 2025 | 1 yr 5 mo | Palred Technologies Limited |
Financials of Latest One
Figures of Palred Technologies Limited, the primary company behind Latest One, for FY 2026. Revenue was ₹82.00 Cr (-10% year on year). Net loss was -₹5.27 Cr (-6% margin). EBITDA was -₹5.26 Cr (-6% margin). Revenue has grown at a compounded annual rate of -20% over three years and -8% over five years.
- ₹82.00 CrRevenue · FY 2026 · -10% YoY
- -₹5.27 CrNet loss · -6% margin
- -₹5.26 CrEBITDA · -6% margin
- ₹12.23 CrPaid-up capital
- 4Employees (provident fund records)
- -20%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Palred Technologies Limited are on its company page.
Detailed financial statements for Latest One
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Latest One
3 dated milestones of Latest One across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Latest One is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Angel Round, of $3.3M.
Competitors of Latest One
Latest One has 3 listed competitors in our database. They include Kore Mobile, Galaxy ventures and PG Mobiles.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| koremobiles.com | 2020 | Ahmedabad, India | 242 | Mobile phones and accessories are retailed online by Kore Mobile. | ||
| galaxyventures18.com | 2018 | Coimbatore, India | Operates an online retail platform specializing in mobile devices. | |||
| pgmobiles.com | 2020 | Dhanbad, India | An online retail platform for mobile accessories and parts. |
Detailed competitors of Latest One
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Latest One
Websites that share an audience with Latest One (latestone.com).
Websites whose visitors overlap most with Latest One. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| micromaxinfo.com | 100% | 5.7K | #3,627,784 | View details | |
| saholic.com | 60% | 1.1K | #10,862,396 | View details | |
elxsimatix.net | elxsimatix.net | 60% | – | ||
marinsm.com | marinsm.com | 41% | – | ||
googleadservices.com | googleadservices.com | 41% | – |
Top companies in Consumer Electronics E-Commerce
3 companies that operate in the same segment as Latest One (Consumer Electronics E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Refurbished and new gadgets are offered through an online marketplace. | 2009 | Gurugram, Haryana, India | USD 130.05 M | USD 99.25 M | 1,264 | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Personal audio products, wearables, and mobile accessories are retailed. | 2016 | Gurugram, Haryana, India | USD 206 M | USD 366.28 M | 495 |
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
Related news about Latest One
Complete news archive for Latest One
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 Latest One
Latest One was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Latest One is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Latest One is a funded company, having raised a total of $6.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Dec 2015.
Latest One has 465 employees.
Annual revenue of Latest One is $18.52M as on Mar 31, 2023.
Latest One was founded in 2014 in Hyderabad, India, as an e-commerce venture focused on electronic accessories for mobiles and laptops, including covers, cables, and power banks. Operations were later expanded to include fashion items such as wallets, watches, and sunglasses. Warehouses are operated in Delhi and Hyderabad, with a third planned for Mumbai. Funding rounds have supported scaling to process thousands of daily orders and manage over 10,000 SKUs.
Latest One's top competitors include Kore Mobile, Galaxy ventures and PG Mobiles.
Latest One has 3 investors. Key investors include pTron, Mathew Cyriac, and Ashish Dhawan.
Latest One is associated with 3 legal entities: Palred Technologies Limited, Palred Retail Private Limited, Palred Electronics Private Limited.
The legal entities of Latest One currently have 11 directors, including Supriya Reddy Palem, Srikar Palem Reddy, Stuthi Reddy and others.