About Preethi
Preethi is a company based in Chennai (India) founded in 1978.. The company has 838 employees as of April 08, 2024. Preethi offers products and services including Mixer Grinders and Pressure Cookers.
- Headquarter Chennai, India
- Employees 838 as on 08 Apr, 2024
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Social
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- Legal Name Preethi Kitchen Appliances Private Limited
- Date of Incorporation 21 Feb, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$103.39 M (USD)11.83as on Mar 31, 2021
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Net Profit
$9.22 M (USD)1042.72as on Mar 31, 2021
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EBITDA
$7.28 M (USD)-7.06as on Mar 31, 2021
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Latest Funding Round
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Investors
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Employee Count
838
as on Apr 08, 2024
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Products & Services of Preethi
Preethi offers a comprehensive portfolio of products and services, including Mixer Grinders and Pressure Cookers. 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.
A range of mixer grinders is provided with durable features like stainless steel blades and warranties to assist in daily kitchen tasks.
Pressure cookers are supplied in materials such as stainless steel, equipped with safety features for effective cooking purposes.
Funding Insights of Preethi
| 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 |
Investments & Acquisitions by Preethi
| 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 - Preethi
| 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 |
Preethi Comparisons
Competitors of Preethi
| 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 Preethi
Frequently Asked Questions about Preethi
When was Preethi founded?
Preethi was founded in 1978.
Where is Preethi located?
Preethi is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does Preethi have?
As of Apr 08, 2024, the latest employee count at Preethi is 838.
What is the annual revenue of Preethi?
Annual revenue of Preethi is $103.39M as on Mar 31, 2021.
What does Preethi do?
Preethi is identified as a provider of kitchen appliances that are sold through an official online platform, featuring items like mixer grinders, gas stoves, chimneys, and pressure cookers. These products are equipped with features such as stainless steel components and warranties, while services like free shipping on orders above Rs 975 and easy replacements are offered. Customer care is supported via a dedicated number, ensuring accessibility for users. The focus is placed on durability and household utility, with extended options available for enhanced reliability.
What products or services does Preethi offer?
Preethi offers Mixer Grinders and Pressure Cookers.