About Marudhar Stones
Marudhar Stones is a company based in Hosur (India) founded in 2007 by Jitendra Kumar Kothari.. Marudhar Stones has raised $18.36 million across 2 funding rounds from investors including Alka Diamond Industries, Bharat Value Fund and Javda India Impex. The company has 57 employees as of April 03, 2024. Marudhar Stones offers products and services including Granite Slabs and Online Inventory. Marudhar Stones operates in a competitive market with competitors including Fireclay Tile, Somany Ceramics, Simpolo, RAK Ceramics and Arizona Tile, among others.
- Headquarter Hosur, India
- Employees 57 as on 03 Apr, 2024
- Founders Jitendra Kumar Kothari
- Stage Minicorn
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
- Legal Name Marudhar Stones International Pvt Ltd
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$8.66 M (USD)25.94as on Mar 31, 2023
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Net Profit
$482.14 K (USD)107as on Mar 31, 2023
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EBITDA
$731.94 K (USD)-6.57as on Mar 31, 2023
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Total Equity Funding
$18.36 M (USD)
in 2 rounds
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Latest Funding Round
$17.86 M (USD), Series B
Sep 05, 2024
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Investors
Alka Diamond Industries
& 5 more
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Employee Count
57
as on Apr 03, 2024
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Products & Services of Marudhar Stones
Marudhar Stones offers a comprehensive portfolio of products and services, including Granite Slabs and Online Inventory. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Processed slabs for construction and decoration purposes.
Platform for browsing and ordering granite products online.
Funding Insights of Marudhar Stones
Marudhar Stones has successfully raised a total of $18.36M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $17.86 million completed in September 2024. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $17.9M
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First Round
First Round
(15 Mar 2008)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series B - Marudhar Stones | Valuation | Bharat Value Fund |
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| Mar, 2008 | Amount | Seed - Marudhar Stones | Valuation | Javda India Impex |
| 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 Marudhar Stones
Marudhar Stones has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Alka Diamond Industries, Bharat Value Fund and Javda India Impex. 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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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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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 Marudhar Stones
| 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 |
Financial Statements - Marudhar Stones
| 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 |
Marudhar Stones Comparisons
Competitors of Marudhar Stones
Marudhar Stones 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 Fireclay Tile, Somany Ceramics, Simpolo, RAK Ceramics and Arizona Tile, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Made-to-order tiles are manufactured by Fireclay Tile.
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| domain | founded_year | HQ Location |
Ceramic tiles are manufactured by Somany Ceramics in India.
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| domain | founded_year | HQ Location |
Vitrified tiles and bathware products are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriors
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| domain | founded_year | HQ Location |
Sells tiles and slabs for residential and commercial building projects.
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| domain | founded_year | HQ Location |
Ceramic flooring tiles are manufactured for construction applications.
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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 Marudhar Stones
Frequently Asked Questions about Marudhar Stones
When was Marudhar Stones founded?
Marudhar Stones was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Marudhar Stones located?
Marudhar Stones is headquartered in Hosur, India. It is registered at Hosur, Tamil Nadu, India.
Is Marudhar Stones a funded company?
Marudhar Stones is a funded company, having raised a total of $18.36M across 2 funding rounds to date. The company's 1st funding round was a Seed of $496.22K, raised on Mar 15, 2008.
How many employees does Marudhar Stones have?
As of Apr 03, 2024, the latest employee count at Marudhar Stones is 57.
What is the annual revenue of Marudhar Stones?
Annual revenue of Marudhar Stones is $8.66M as on Mar 31, 2023.
What does Marudhar Stones do?
Marudhar Stones, backed by 18357770.0 from Bharat Value Fund, Javda India Impex, Sweta Holdings, Ganadhipati Trades and Credit, Yash-V-Jewels, Alka Diamond Industries, focuses on real estate and construction, supplying building materials, interiors, flooring, and tiles. Provider of natural stones for construction industry. Driving innovation, growth, and excellence in its industry sectors.
Who are the top competitors of Marudhar Stones?
Marudhar Stones's top competitors include Somany Ceramics, Simpolo and Fireclay Tile.
What products or services does Marudhar Stones offer?
Marudhar Stones offers Granite Slabs and Online Inventory.
Who are Marudhar Stones's investors?
Marudhar Stones has 6 investors. Key investors include Alka Diamond Industries, Bharat Value Fund, Javda India Impex, Sweta Holdings, and Ganadhipati Trades and Credit.
What is Marudhar Stones's valuation?
The valuation of Marudhar Stones is $1.12M as of Mar 2008.