About Ozone India
Ozone India is a company based in Delhi (India) founded in 1999 by Alok Agarwal. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Ozone India has raised $64.1 million across 11 funding rounds from investors including Nuvama, Everstone Capital and Kunwar Narayan. The company has 244 employees as of April 06, 2024. Ozone India offers products and services including Glass Fittings, Kitchen Fittings, and Smart Locks. Ozone India operates in a competitive market with competitors including WoodenStreet, Italica, Relso, Ushashriram and Colence, among others.
- Headquarter Delhi, India
- Employees 244 as on 06 Apr, 2024
- Founders Alok Agarwal
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ozone Overseas Pvt. Ltd.
- Jurisdiction Delhi, India
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Annual Revenue
$6.46 M (USD)52.41as on Mar 31, 2023
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Net Profit
$107.3 K (USD)-76.99as on Mar 31, 2023
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EBITDA
$318.96 K (USD)628.76as on Mar 31, 2023
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Total Equity Funding
$64.1 M (USD)
in 11 rounds
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Latest Funding Round
$20.53 M (USD), Series A
May 25, 2023
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Investors
Nuvama
& 5 more
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Employee Count
244
as on Apr 06, 2024
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Products & Services of Ozone India
Ozone India offers a comprehensive portfolio of products and services, including Glass Fittings, Kitchen Fittings, and Smart Locks. 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.
Glass fittings are provided for modern living spaces.
Kitchen fittings are designed for storage and organization.
Smart locks are offered for enhanced security access.
Funding Insights of Ozone India
Ozone India has successfully raised a total of $64.1M across 11 strategic funding rounds. The most recent funding activity was a Series A round of $20.53 million completed in May 2023. 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 11
- Last Round Series A — $20.5M
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First Round
First Round
(30 Sep 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - Ozone India | Valuation | Nuvama |
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| May, 2023 | Amount | Series A - Ozone India | Valuation | Nuvama |
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| Jul, 2018 | Amount | Angel Round - Ozone India | Valuation | Kunwar Narayan |
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| 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 Ozone India
Ozone India has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Nuvama, Everstone Capital and Kunwar Narayan. 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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Private equity investments in mid-market businesses linked to India and Southeast Asia.
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Founded Year | Domain | Location | |
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An integrated wealth management platform is operated by Nuvama.
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Founded Year | Domain | Location | |
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KN
Kunwar Narayan |
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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 Ozone India
| 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 - Ozone India
| 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 |
Ozone India Comparisons
Competitors of Ozone India
Ozone India 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 WoodenStreet, Italica, Relso, Ushashriram and Colence, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Customized home furniture is offered online by WoodenStreet.
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| domain | founded_year | HQ Location |
Italica is engaged in manufacturing and selling plastic furniture.
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| domain | founded_year | HQ Location |
Offers online platform for unique furniture and home decor made from solid wood.
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| domain | founded_year | HQ Location |
Sells eco-friendly cookware, bottles, baskets, and household items through online platform.
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| domain | founded_year | HQ Location |
Manufactures PVC synthetic leather and sources fabrics for footwear and furniture sectors.
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| domain | founded_year | HQ Location |
Sells handcrafted solid wood furniture online with custom designs options.
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| 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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Latest news on Ozone India
Frequently Asked Questions about Ozone India
When was Ozone India founded?
Ozone India was founded in 1999 and raised its 1st funding round 12 years after it was founded.
Where is Ozone India located?
Ozone India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Ozone India?
Alok Agarwal is the current CEO of Ozone India. They have also founded this company.
Is Ozone India a funded company?
Ozone India is a funded company, having raised a total of $64.1M across 11 funding rounds to date. The company's 1st funding round was a Angel Round of $241.3K, raised on Sep 30, 2011.
How many employees does Ozone India have?
As of Apr 06, 2024, the latest employee count at Ozone India is 244.
What is the annual revenue of Ozone India?
Annual revenue of Ozone India is $6.46M as on Mar 31, 2023.
What does Ozone India do?
Ozone India is engaged in the manufacturing and supply of architectural hardware fittings and solutions across various sectors. The company is focused on providing innovative products such as glass fittings, kitchen fittings, smart locks, and shower enclosures. Solutions are tailored for modern living, office spaces, and urban infrastructure. A wide range of hardware for doors, windows, and furniture is offered to meet diverse customer needs. Operations are supported by experience centers in multiple cities for enhanced customer engagement.
Who are the top competitors of Ozone India?
Ozone India's top competitors include WoodenStreet, Italica and Lakkadhaara.
What products or services does Ozone India offer?
Ozone India offers Glass Fittings, Kitchen Fittings, and Smart Locks.
Who are Ozone India's investors?
Ozone India has 6 investors. Key investors include Nuvama, Everstone Capital, Kunwar Narayan, Asha Gupta, and Simi Sood.
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