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
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- 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.
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.
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.
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Investor details for Marudhar Stones
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Investments & Acquisitions by Marudhar Stones
Investment portfolio details for Marudhar Stones
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Financial Statements - Marudhar Stones
Detailed financials for Marudhar Stones
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Marudhar Stones Comparisons
Peer comparison for Marudhar Stones
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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.
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Made-to-order tiles are manufactured by Fireclay Tile.
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Ceramic tiles are manufactured by Somany Ceramics in India.
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Vitrified tiles and bathware products are manufactured for diverse applications.
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Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriors
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Sells tiles and slabs for residential and commercial building projects.
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Ceramic flooring tiles are manufactured for construction applications.
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Detailed competitors of Marudhar Stones
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Latest news on Marudhar Stones
Complete news archive for Marudhar Stones
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Frequently Asked Questions about Marudhar Stones
Marudhar Stones was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Marudhar Stones is headquartered in Hosur, India. It is registered at Hosur, Tamil Nadu, India.
Marudhar Stones is a funded company, having raised a total of $18.36M across 2 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Marudhar Stones is 57.
Annual revenue of Marudhar Stones is $8.66M as on Mar 31, 2023.
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.
Marudhar Stones's top competitors include Somany Ceramics, Simpolo and Fireclay Tile.
Marudhar Stones offers Granite Slabs and Online Inventory.
Marudhar Stones has 6 investors. Key investors include Alka Diamond Industries, Bharat Value Fund, Javda India Impex, Sweta Holdings, and Ganadhipati Trades and Credit.
The valuation of Marudhar Stones is $1.12M as of Mar 2008.