About Oakter
Oakter is a Technology company based in Noida (India) founded in 2014 by Varun Gupta, Shishir Gupta, and Nithin K David. Electronic contract manufacturing and design services are offered. It operates in the Technology and Industrial Goods & Manufacturing sectors. 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. Oakter was last valued at $2.24 million in July 2016. Its chief executive, as recorded, is Shishir Gupta. Its website oakter.com draws about 15 thousand monthly visits. Its Indian entity Riot Labz Private Limited reported revenue of ₹157 Cr. Oakter offers products and services including Paytm POS devices, Saregama Audio devices, EV Charge points, Smart Meter, and UPS for WiFi router. Its focus areas include Semiconductors, Electronic Manufacturing Services, Services and Retail. Its competitors include SFO Technologies, Kaynes Technology and Dixon Technologies; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Noida, India
- Employees 120
- Founders Varun Gupta, Shishir Gupta, Nithin K David
- Stage Minicorn
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website oakter.com
- Social LinkedIn X Facebook Instagram
- Legal Name Riot Labz Private Limited
- Date of Incorporation 22 Nov, 2014
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹157 Cr
FY 2025 · -70% YoY
- Net Loss-₹80.5 Lakh
FY 2025 · -1% margin
- EBITDA₹91.3 Lakh
FY 2025 · 1% margin
- Total Equity Funding$567.15K (USD)
in 2 rounds
- Latest Funding Round$446.7K (USD), Seed
Jul 2016
- InvestorsIndia Quotient
& 16 more
- Employee Count120
Associated legal entities of Oakter
Oakter operates through Riot Labz Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Riot Labz Private Limited CIN U29253DL2014PTC273460 | Active | 22 Nov 2014 | New Delhi, Delhi | ₹157 Cr | 120 | 4 | View details |
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.
- Total Funding $567,150
- Total Rounds 2
- Last Round Seed — $446,700
- First Round $120,450
(Feb 2015)
- Investors Count 17
All 2 funding rounds of Oakter with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2016 | $446,700 | Seed | $2.24M | India Quotient, Binny Bansal | |
| Feb 2015 | $120,450 | Seed | $806,875 | Anand Lunia |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2016 | $2.24M | •••••••• |
Last known valuation $2.24M (Jul 2016). 17 investors in total: 6 institutional and 11 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in Indian startups across technology and fintech sectors. | 2012 | indiaquotient.in | Mumbai, India | |
Diversified investment management firm | 2005 | patniadvisors.com | Mumbai, India | |
Potato farming, grain marketing, and equipment services are offered in Maine. | 2015 | iexponential.in | Noida, India | |
Mobile application development services are provided for various platforms. | smobility.in | Noida, India | ||
Innovation centres and technology parks are operated by SPICE Group. | spice-group.net | Berlin, Germany | ||
Provides suite solutions for government agencies | 2000 | digispice.com | Noida, India | |
BB Binny Bansal | Co-founder of Flipkart, active angel investor, tech entrepreneur | unknown_cfe310274d9a4ba3b | ||
HV Harsh Vardhan | unknown_c5872539ea1342b19 | |||
MM Manish Mathur | Angel investor and entrepreneur, focused on tech startups in India. | unknown_b3017866213a4653b | ||
MM Melvin Michael | unknown_d5307aa01c3b4192a |
Investor details for Oakter
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Riot Labz Private Limited (Oakter)
Riot Labz Private Limited is the primary company behind Oakter. The board of Riot Labz Private Limited currently have 4 directors; the longest-serving is Shishir Gupta, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shishir Gupta DIN 00233300 | Director | 22 Nov 2014 | 11 yrs 11 mo | Riot Labz Private Limited |
| Varun Gupta DIN 01333997 | Director | 22 Nov 2014 | 11 yrs 11 mo | Riot Labz Private Limited |
| Nithin K David DIN 07008994 | Director | 22 Nov 2014 | 11 yrs 11 mo | Riot Labz Private Limited |
| Abhinav Kumar Gupta DIN 10819660 | Nominee Director | 06 Nov 2024 | 2 yrs | Riot Labz Private Limited |
People of Oakter
3 people are tracked at Oakter (3 in leadership); the tracked headcount is 120.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Oakter
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Oakter
Figures of Riot Labz Private Limited, the primary company behind Oakter, for FY 2025. Revenue was ₹157 Cr (-70% year on year). Net loss was -₹80.5 Lakh (-1% margin). EBITDA was ₹91.3 Lakh (1% margin). Revenue has grown at a compounded annual rate of +10% over three years and +30% over five years.
- ₹157 CrRevenue · FY 2025 · -70% YoY
- -₹80.5 LakhNet loss · -1% margin
- ₹91.3 LakhEBITDA · 1% margin
- ₹10.4 LakhPaid-up capital
- 120Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Riot Labz Private Limited are on its company page.
Detailed financial statements for Oakter
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Oakter
4 dated milestones of Oakter across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Oakter is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Seed, of $447K.
- Milestone Reaches Minicorn status.
Competitors of Oakter
Oakter has 3 listed competitors in our database, 3 of them funded. They include SFO Technologies, Kaynes Technology and Dixon Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sfotechnologies.net | 1990 | Kochi, India | $37.5M | 2,870 | Provider of ODM plus solutions for diverse industries | |
| kaynestechnology.co.in | 2008 | Mysuru, India | $22.44M | 587 | Integrated electronics manufacturing and IoT solutions are delivered across industries. | |
| dixoninfo.com | 1993 | Noida, India | $9.32M | 1,565 | Electronics manufacturing services are provided for consumer and home products. |
Detailed competitors of Oakter
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- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Oakter
The website of Oakter (oakter.com) receives about 14.9K visits a month.
- Monthly visits14.9K
▼ 31.1% vs previous month
Websites whose visitors overlap most with Oakter. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| drishinfo.com | 100% | #5,738,320 | View details | ||
| bridgera.com | 97% | #4,499,291 | View details | ||
| logicsimplified.com | 94% | 11.8K | #2,154,500 | View details | |
zazz.io | zazz.io | 87% | #886,680 | – | |
| procoders.tech | 80% | #2,822,644 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Oakter
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Electronic Manufacturing & Components
3 companies that operate in the same segment as Oakter (Electronic Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of ODM plus solutions for diverse industries | 1990 | Kochi, Kerala, India | USD 119.5 M | USD 253.11 M | 2,400 | |
Integrated electronics manufacturing and IoT solutions are delivered across industries. | 2008 | Mysuru, Karnataka, India | USD 22.44 M | USD 386.47 M | 587 | |
Electronics manufacturing services are provided for consumer and home products. | 1993 | Noida, Uttar Pradesh, India | USD 9.32 M | USD 5.17 B | 4,447 |
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Related news about 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 CEO of Oakter, as recorded in our data. They have also founded this company.
Oakter is a funded company, having raised a total of $567.15K across 2 funding rounds to date. The company's 1st funding round was a Seed of $120.45K, raised on Feb 2015.
Oakter has 120 employees.
The primary company behind Oakter, Riot Labz Private Limited, reported revenue of ₹157 Cr for FY 2025, down 70% year on year.
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 SFO Technologies, Kaynes Technology and Dixon Technologies.
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.
Oakter operates through Riot Labz Private Limited.