About OCEO
OCEO is a company based in Bengaluru (India) founded in 2016 by Mahendra Kumar, Hasmukh Gulecha, Vikram Gulecha, and Rajeev Krishna. OCEO operates in a competitive market with competitors including DrinkPrime, Livpure Smart, Peore, IoTfy and Bepure, among others.
- Headquarter Bengaluru, India
- Founders Mahendra Kumar, Hasmukh Gulecha, Vikram Gulecha, Rajeev Krishna
- SectorsEnvironmentRetail Technology Consumer
- Email••••••••
- Website oceowater.online
- Social LinkedIn X
- Legal Name Oceo Water Private Limited
- Date of Incorporation 11 Apr, 2018
- Annual Revenue₹15.1 Lakh
FY 2024 · -1% YoY
- Net Loss-₹30.6 Lakh
FY 2024 · -204% margin
- EBITDA-₹14.2 Lakh
FY 2024 · -95% margin
- Investors
Associated legal entities of OCEO
OCEO operates through Oceo Water Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Oceo Water Private Limited CIN U74994KA2018PTC112202 | Active | 11 Apr 2018 | Bangalore, Karnataka | ₹0.2 Cr | – | 2 | View details |
Funding Insights of OCEO
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of OCEO 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 |
|---|---|---|---|---|---|
| Mar 2018 | – | Seed | – | MassChallenge | – |
1 investors in total: 1 institutional.
Investors in OCEO
OCEO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MassChallenge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage entrepreneurs are accelerated through MassChallenge's program. | – | masschallenge.org | Boston, United States |
Investor details for OCEO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Oceo Water Private Limited (OCEO)
Oceo Water Private Limited is the primary company behind OCEO. The board of Oceo Water Private Limited currently have 2 directors; the longest-serving is Mahendrakumar Bhawerlal Jain, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahendrakumar Bhawerlal Jain DIN 06929790 | Director | 11 Apr 2018 | 8 yrs 6 mo | Oceo Water Private Limited |
| Hashmukh Gulecha DIN 07219361 | Director | 11 Apr 2018 | 8 yrs 6 mo | Oceo Water Private Limited |
People of OCEO
4 people are tracked at OCEO (4 in leadership).
| Name | Role | Group |
|---|---|---|
Mahendra Kumar | Co-Founder | Leadership |
Hasmukh Gulecha | Co-Founder | Leadership |
Vikram Gulecha | Co-Founder & CEO | Leadership |
Rajeev Krishna | Co-Founder | Leadership |
Complete people profiles for OCEO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of OCEO
Figures of Oceo Water Private Limited, the primary company behind OCEO, for FY 2024. Revenue was ₹15.1 Lakh (-1% year on year). Net loss was -₹30.6 Lakh (-204% margin). EBITDA was -₹14.2 Lakh (-95% margin). Revenue has grown at a compounded annual rate of +3% over three years and +247% over five years.
- ₹15.1 LakhRevenue · FY 2024 · -1% YoY
- -₹30.6 LakhNet loss · -204% margin
- -₹14.2 LakhEBITDA · -95% margin
- ₹1 LakhPaid-up capital
- +3%Revenue CAGR, 3 years
- +247%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Oceo Water Private Limited are on its company page.
Detailed financial statements for OCEO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of OCEO
2 dated milestones of OCEO across 2 years, from founding to its latest funding, stage changes and deals.
- Founded OCEO is founded.
- Funding First funding round.
Competitors of OCEO
OCEO 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 DrinkPrime, Livpure Smart, Peore, IoTfy and Bepure, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| drinkprime.in | 2016 | Bengaluru, India | $17.11M | 276 | Provider of smart water purifier rental and maintenance services | |
| livpuresmart.com | 2018 | Delhi, India | – | 1,147 | Provider of water purification systems and subscription-based maintenance services | |
| peore.in | 2021 | Gurugram, India | – | – | Internet first brand of nano technology based water purifiers | |
| iotfy.com | 2014 | Delhi, India | – | 14 | Provider of IoT based supply chain management solutions | |
| bepure.store | 2016 | Mumbai, India | $160,000 | – | Water purifiers and filters are sold via an online platform. | |
| filtrextechnologies.com | 1998 | Bengaluru, India | – | – | Manufactures advanced water filters with activated carbon for purification and treatment. |
Detailed competitors of OCEO
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to OCEO
10 companies that operate in the same segment as OCEO (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Frequently Asked Questions about OCEO
OCEO was founded in 2016 and raised its 1st funding round 2 years after it was founded.
OCEO is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vikram Gulecha is the current CEO of OCEO. They have also founded this company.
The primary company behind OCEO, Oceo Water Private Limited, reported revenue of ₹15.1 Lakh for FY 2024, down 1% year on year.
OCEO was established in 2016 in Bengaluru, India, as an internet-first brand in the water purification sector. Smart purifiers equipped with sense technology are offered, enabling real-time monitoring and diagnostic features for water quality. Operations focus on consumer appliances, with distribution primarily online to serve urban households across India. Leadership includes co-founders handling strategy and executive roles.
OCEO's top competitors include DrinkPrime, Livpure Smart and Peore.
OCEO has 1 investor. Key investors include MassChallenge.
OCEO operates through Oceo Water Private Limited.
The legal entities of OCEO currently have 2 directors, including Mahendrakumar Bhawerlal Jain, Hashmukh Gulecha.