About Mekr
Mekr is a company based in Delhi (India) founded in 2022 by Gaurang Kuchhal and Anand Yadav.. Mekr has raised $1.55 million across 2 funding rounds from investors including Angel List, 2am VC and SiriusOne. Mekr offers products and services including Egg Boiler, Tyre Inflator, Induction Cooktop, Payment Sound Box, and Weighing Scale.
- Headquarter Delhi, India
- Founders Gaurang Kuchhal, Anand Yadav
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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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 Mekr Technologies Private Limited
- Date of Incorporation 28 Jan, 2022
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$170.87 K (USD)0as on Mar 31, 2023
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Net Profit
$-52.14 K (USD)0as on Mar 31, 2023
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EBITDA
$-80.54 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.55 M (USD)
in 2 rounds
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Latest Funding Round
$779.43 K (USD), Seed
Sep 26, 2024
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Investors
Angel List
& 16 more
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Employee Count
Employee Count
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Products & Services of Mekr
Mekr offers a comprehensive portfolio of products and services, including Egg Boiler, Tyre Inflator, Induction Cooktop, Payment Sound Box, and Weighing Scale. 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.
Device for efficient egg boiling in home settings.
Portable tool for quick tyre inflation and maintenance.
Energy-efficient cooktop for modern home cooking.
Audio device for payment confirmation in transactions.
Accurate scale for measuring weights in various applications.
Wiring assembly for connecting electronic systems securely.
Funding Insights of Mekr
Mekr has successfully raised a total of $1.55M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $779.43 thousand 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 Seed — $779,431
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First Round
First Round
(13 Apr 2022)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - Mekr | Valuation |
investors |
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| Apr, 2022 | Amount | Seed - Mekr | Valuation |
investors |
| 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 Mekr
Mekr has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, 2am VC and SiriusOne. 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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Early-stage investments are provided to mission-driven technology founders.
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Founded Year | Domain | Location | |
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Investments are made in early-stage companies by Titan Capital.
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Founded Year | Domain | Location | |
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Investment in tech startups focusing on innovation and emerging trends in India.
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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 Mekr
| 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 - Mekr
| 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 |
Mekr Comparisons
Competitors of Mekr
| 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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Frequently Asked Questions about Mekr
When was Mekr founded?
Mekr was founded in 2022.
Where is Mekr located?
Mekr is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Mekr a funded company?
Mekr is a funded company, having raised a total of $1.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $769.13K, raised on Apr 13, 2022.
What is the annual revenue of Mekr?
Annual revenue of Mekr is $170.87K as on Mar 31, 2023.
What does Mekr do?
Mekr was established in 2022 in Delhi, India, as an online platform for on-demand manufacturing of electronic products. Services encompass product design finalization, techno-commercial proposals, prototype development, sample approvals, testing, certification, and mass production. Solutions are extended to sectors including electric vehicles, fintech, telecom, IoT, agri-tech, and home appliances, facilitating end-to-end production processes.
What products or services does Mekr offer?
Mekr offers Egg Boiler, Tyre Inflator, Induction Cooktop, Payment Sound Box, and 2 more products and services.
Who are Mekr's investors?
Mekr has 17 investors. Key investors include Angel List, 2am VC, SiriusOne, Version One Ventures, and Abhishek Goyal.
What is Mekr's valuation?
The valuation of Mekr is $7.92M as of Sep 2024.