About Pinnium
Pinnium was a Consumer company based in Bengaluru (India) founded in 2014. It serves as an online supplier of packaging products and accessories. It operates on a B2B model. Pinnium has raised $60.57 thousand across 2 funding rounds from investors including Rama Subramanian, Giridharan Sengaiag and Chandrika Kennedy. Pinnium was last valued at $1.67 million in April 2020. The company is recorded as dissolved. Its focus areas include Manufacturing, Packaging, Product Supply and Online Distribution. Its competitors include DCGpac, BazaarNXT and Ajanta Bottle; 2 of its 3 listed competitors have raised funding.
Company details
Pinnium serves as an online supplier of packaging products and accessories through producing manufactured goods, packaging, product supply, and online distribution. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Stage Minicorn
- SectorsConsumer
- Website pinnium.com
- Social X Facebook
- Annual Revenue$3.07 M (USD)as on Mar 31, 2019
- Total Equity Funding$60.57K (USD)
in 2 rounds
- Latest Funding Round$32.94K (USD), Angel Round
Apr 2020
Associated legal entities of Pinnium
Pinnium is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pinnium Bags Private Limited CIN U52100KA2010PTC056409 | Active | 29 Dec 2010 | Bengaluru, Karnataka | 2 | View details | ||
| Pinnium Brands Private Limited CIN U19200KA2014PTC073719 | Active | 19 Feb 2014 | Bangalore, Karnataka | ₹21.6 Cr | 2 | View details |
Funding Insights of Pinnium
Pinnium has successfully raised a total of $60.57K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $32.94 thousand completed in April 2020. 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 $60,569
- Total Rounds 2
- Last Round Angel Round — $32,936
- First Round $27,633
(Mar 2017)
- Investors Count 3
All 2 funding rounds of Pinnium 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 |
|---|---|---|---|---|---|
| Apr 2020 | $32,936 | Angel Round | $1.67M | Rama Subramanian | – |
| Mar 2017 | $27,633 | Angel Round | $335,880 | Giridharan Sengaiag |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2020 | $1.67M | •••••••• |
Last known valuation $1.67M (Apr 2020). 3 investors in total: 0 institutional and 3 angel.
Investors in Pinnium
Pinnium has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Rama Subramanian, Giridharan Sengaiag and Chandrika Kennedy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RS Rama Subramanian | unknown_51ee7c8b2cad4a279 | |||
GS Giridharan Sengaiag | unknown_a30b2022d0c444fc9 | |||
CK Chandrika Kennedy | unknown_4a3eba7f52ba404b8 |
Investor details for Pinnium
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 Pinnium
The boards of the 2 registered companies of Pinnium currently have 2 directors; the longest-serving is Nawaz Gaffoor, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nawaz Gaffoor DIN 03312435 | Director | 29 Dec 2010 | 15 yrs 9 mo | Pinnium Bags Private Limited, Pinnium Brands Private Limited |
| Jaina Begum DIN 03312448 | Director | 29 Dec 2010 | 15 yrs 9 mo | Pinnium Bags Private Limited, Pinnium Brands Private Limited |
Financials of Pinnium
Figures of Pinnium Brands Private Limited, the primary company behind Pinnium, for FY 2019. Revenue was ₹21.58 Cr (+560% year on year). Net profit was ₹32.8 Lakh (2% margin). EBITDA was ₹60.4 Lakh (3% margin). Revenue has grown at a compounded annual rate of +78% over three years.
- ₹21.58 CrRevenue · FY 2019 · +560% YoY
- ₹32.8 LakhNet profit · 2% margin
- ₹60.4 LakhEBITDA · 3% margin
- ₹1.1 LakhPaid-up capital
- +78%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Pinnium Brands Private Limited are on its company page.
Detailed financial statements for Pinnium
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 Pinnium
4 dated milestones of Pinnium across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Pinnium is founded.
- Funding First funding round of $28K.
- Funding Latest funding round, Angel Round, of $33K.
- Milestone Reaches Minicorn status.
Competitors of Pinnium
Pinnium has 3 listed competitors in our database, 2 of them funded. They include DCGpac, BazaarNXT and Ajanta Bottle.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dcgpac.com | 2005 | Gurugram, India | $5.05M | 148 | Packaging materials and supply-chain services are offered online to businesses. | |
| bazaarnxt.com | 2017 | Bengaluru, India | $1.08M | 46 | Packaging solutions are offered through an online marketplace platform. | |
| ajantabottle.com | 1981 | Delhi, India | 35 | Provides glass bottles, jars, and caps for processing, cosmetics, and pharma sectors. |
Detailed competitors of Pinnium
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- Full competitor set
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Pinnium
Pinnium was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Pinnium is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Pinnium is a funded company, having raised a total of $60.57K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $27.63K, raised on Mar 2017.
Annual revenue of Pinnium is $3.07M as on Mar 31, 2019.
Pinnium serves as an online supplier of packaging products and accessories through producing manufactured goods, packaging, product supply, and online distribution. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Pinnium's top competitors include DCGpac, BazaarNXT and Ajanta Bottle.
Pinnium has 3 investors. Key investors include Rama Subramanian, Giridharan Sengaiag, and Chandrika Kennedy.
The valuation of Pinnium is $1.67M as of Apr 2020.
Pinnium is associated with 2 legal entities: Pinnium Bags Private Limited, Pinnium Brands Private Limited.
The legal entities of Pinnium currently have 2 directors, including Nawaz Gaffoor, Jaina Begum.