About Oakter
Oakter is a company based in Noida (India) founded in 2014 by Varun Gupta, Shishir Gupta, and Nithin K David. Oakter has raised $567.15 thousand across 2 funding rounds from investors including India Quotient, DiGiSPICE and Patni Financial Advisors. The company has 120 employees as of April 04, 2024. Oakter offers products and services including Paytm POS devices, Saregama Audio devices, EV Charge points, Smart Meter, and UPS for WiFi router. Oakter operates in a competitive market with competitors including SFO Technologies, Flex, Kaynes Technology, Dixon Technologies and VVDN, among others.
- Headquarter Noida, India
- Employees 120 as on 04 Apr, 2024
- Founders Varun Gupta, Shishir Gupta, Nithin K David
- Stage Minicorn
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Sectors
TechnologyIndustrial 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 Riot Labz Private Limited
- Date of Incorporation 22 Nov, 2014
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$14.34 M (USD)522.75as on Mar 31, 2022
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Net Profit
$393.5 K (USD)250.43as on Mar 31, 2022
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EBITDA
$501.83 K (USD)302.66as on Mar 31, 2022
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Total Equity Funding
$567.15 K (USD)
in 2 rounds
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Latest Funding Round
$446.7 K (USD), Seed
Jul 29, 2016
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Investors
India Quotient
& 16 more
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Employee Count
120
as on Apr 04, 2024
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Products & Services of Oakter
Oakter offers a comprehensive portfolio of products and services, including Paytm POS devices, Saregama Audio devices, EV Charge points, Smart Meter, and UPS for WiFi router.
Device for secure digital payments with audio alerts
Portable music players and soundbars for enhanced audio
Charging stations for electric vehicles
Meter for monitoring and managing energy consumption
Backup power solution for network devices
Funding Insights of Oakter
Oakter has successfully raised a total of $567.15K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $446.7 thousand completed in July 2016. 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 Oakter
Oakter has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include India Quotient, DiGiSPICE and Patni Financial Advisors.
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Investment in Indian startups across technology and fintech sectors.
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Diversified investment management firm
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Potato farming, grain marketing, and equipment services are offered in Maine.
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Investor details for Oakter
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Oakter
Investment portfolio details for Oakter
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- Transaction dates
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Financial Statements - Oakter
Detailed financials for Oakter
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Oakter Comparisons
Peer comparison for Oakter
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Competitors of Oakter
Oakter 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 SFO Technologies, Flex, Kaynes Technology, Dixon Technologies and VVDN, among others.
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Provider of ODM plus solutions for diverse industries
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Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
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Integrated electronics manufacturing and IoT solutions are delivered across industries.
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Electronics manufacturing services are provided for consumer and home products.
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Software, product engineering, and electronic manufacturing services are provided.
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Detailed competitors of Oakter
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Latest news on Oakter
Complete news archive for Oakter
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Frequently Asked Questions about Oakter
Oakter was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Oakter is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Shishir Gupta is the current CEO of Oakter. They have also founded this company.
Oakter is a funded company, having raised a total of $567.15K across 2 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Oakter is 120.
Annual revenue of Oakter is $14.34M as on Mar 31, 2022.
Oakter was founded in 2014 in Noida, India, as a provider of electronic contract manufacturing and design services. Operations focus on sectors such as IoT, consumer electronics, EV charge points, PoS soundboxes, and audio products. Smart home devices, network infrastructure items, and white-label IoT solutions are produced for various brands. Services encompass end-to-end manufacturing and customization tailored to client specifications.
Oakter's top competitors include Flex, SFO Technologies and Kaynes Technology.
Oakter offers Paytm POS devices, Saregama Audio devices, EV Charge points, Smart Meter, and UPS for WiFi router.
Oakter has 17 investors. Key investors include India Quotient, DiGiSPICE, Patni Financial Advisors, iExponential, and Binny Bansal.
The valuation of Oakter is $2.24M as of Jul 2016.