About Lava
Lava is a company based in Noida (India) founded in 2009 by Vishal Sehgal and Shailendra Nath Rai. It operates as a Direct-to-Consumer (D2C). Lava has raised $164.95 million across 5 funding rounds from investors including Clipper Global, Sojoinfotel and Global Emerging Markets. The company has 1,743 employees as of March 30, 2024. Lava has completed 1 acquisition, including China Bird Centro America. Lava offers products and services including Smartphones, Feature Phones, and Accessories. Lava operates in a competitive market with competitors including Xiaomi, boAt, Nothing, Meizu and Qubo, among others.
- Headquarter Noida, India
- Employees 1743 as on 30 Mar, 2024
- Founders Vishal Sehgal, Shailendra Nath Rai
- Stage Unicorn
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Sectors
Consumer
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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 Lava International Limited
- Date of Incorporation 27 Mar, 2009
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$713.53 M (USD)6.78as on Mar 31, 2022
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Net Profit
$22.61 M (USD)8.26as on Mar 31, 2022
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EBITDA
$39.16 M (USD)34.63as on Mar 31, 2022
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Total Equity Funding
$164.95 M (USD)
in 5 rounds
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Latest Funding Round
$50.57 M (USD), Series B
Sep 16, 2021
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Investors
Clipper Global
& 3 more
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Employee Count
1743
as on Mar 30, 2024
- Investments & Acquisitions
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Products & Services of Lava
Lava offers a comprehensive portfolio of products and services, including Smartphones, Feature Phones, and Accessories.
Smartphones are manufactured with advanced features and technology.
Feature phones are produced for basic communication needs.
Accessories are offered to complement mobile phone usage.
People of Lava
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Sales and Marketing
18 people
Leadership Team
13 people
Deputy Team
10 people
Software Development Team
9 people
Distribution Team
9 people
Human Resources and Administration
7 people
Finance and Accounting
5 people
Product Management Team
5 people
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Funding Insights of Lava
Lava has successfully raised a total of $164.95M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $50.57 million completed in September 2021. 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.
Investors in Lava
Lava has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Clipper Global, Sojoinfotel and Global Emerging Markets.
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Investor details for Lava
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Investments & Acquisitions by Lava
Lava has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include China Bird Centro America.
Investment portfolio details for Lava
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- Portfolio identities
- Transaction dates
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Manufacturer of cell phones for telecommunication
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Complete acquisition details for Lava
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- Acquired stakes
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Financial Statements - Lava
Detailed financials for Lava
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- Profit trends
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Lava Comparisons
Peer comparison for Lava
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Competitors of Lava
Lava 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 Xiaomi, boAt, Nothing, Meizu and Qubo, among others.
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Multi-category consumer electronics are offered through an internet-first model.
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Personal audio products, wearables, and mobile accessories are retailed.
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Multi-category electronics are provided by an internet-first brand.
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Multi-category consumer electronics are provided by an internet-first brand.
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Online platform offering a wide range of consumer electronics
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Sells electronic gadgets and accessories through online retail platforms.
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Detailed competitors of Lava
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Latest news on Lava
Complete news archive for Lava
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Frequently Asked Questions about Lava
Lava was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Lava is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Lava is a funded company, having raised a total of $164.95M across 5 funding rounds to date.
As of Mar 30, 2024, the latest employee count at Lava is 1,743.
Annual revenue of Lava is $713.53M as on Mar 31, 2022.
Lava International Limited is involved in the design, manufacturing, and distribution of mobile phones, including smartphones and feature phones, as well as related accessories. The company operates within the consumer electronics sector, focusing on innovative technology and user-centric designs. Solutions are provided for communication and entertainment needs, targeting a wide range of customers in India and beyond.
Lava offers Smartphones, Feature Phones, and Accessories.
Lava has made 1 acquisition, including China Bird Centro America.
Lava has 4 investors. Key investors include Clipper Global, Sojoinfotel, Global Emerging Markets, and Unicmemorytechnology.
The valuation of Lava is $1.1B as of Sep 2021.