About Qutone
Qutone is a company based in Ahmedabad (India) founded in 2008. Qutone has raised $9.11 million across 7 funding rounds from investors including Arunkumar Satyanarayan Chirania, Beenai Rajeev Adlakha and Kamala Devi Chirania. The company has 95 employees as of September 30, 2024. Qutone offers products and services including iMarble Stoneware GVT, Digital Printed Glazed Vitrified Tiles, Pristine Series Tiles, and Rugged Collection Tiles. Qutone operates in a competitive market with competitors including Somany Ceramics, Fireclay Tile, Simpolo, RAK Ceramics and Arizona Tile, among others.
- Headquarter Ahmedabad, India
- Employees 95 as on 30 Sep, 2024
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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Annual Revenue
$52.25 M (USD)-5as on Mar 31, 2024
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Net Profit
$1.42 M (USD)8as on Mar 31, 2024
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EBITDA
$8.62 M (USD)-3as on Mar 31, 2024
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Total Equity Funding
$9.11 M (USD)
in 7 rounds
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Latest Funding Round
$6.22 M (USD), Series A
Jul 18, 2024
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Investors
Oswal Service
& 30 more
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Employee Count
95
as on Sep 30, 2024
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Products & Services of Qutone
Qutone offers a comprehensive portfolio of products and services, including iMarble Stoneware GVT, Digital Printed Glazed Vitrified Tiles, Pristine Series Tiles, and Rugged Collection Tiles.
Blends advanced technology with marble aesthetics for functional surfaces
Features various designs for wall and floor ambience enhancements
Smooth matt finish with carving technology for elegant spaces
Heavy range with grainy textures for strong and sophisticated areas
People of Qutone
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Funding Insights of Qutone
Qutone has successfully raised a total of $9.11M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $6.22 million completed in July 2024. 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.
Investors in Qutone
Qutone has secured backing from 31 investors, including angel and institutional investors. Prominent investors backing the company include Arunkumar Satyanarayan Chirania, Beenai Rajeev Adlakha and Kamala Devi Chirania.
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Services are offered by Oswal Service via its domain platform.
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Automotive vehicle repair and maintenance services are provided.
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Investor details for Qutone
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Investments & Acquisitions by Qutone
Investment portfolio details for Qutone
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Financial Statements - Qutone
Detailed financials for Qutone
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Qutone Comparisons
Peer comparison for Qutone
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Competitors of Qutone
Qutone 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 Somany Ceramics, Fireclay Tile, Simpolo, RAK Ceramics and Arizona Tile, among others.
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Ceramic tiles are manufactured by Somany Ceramics in India.
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Made-to-order tiles are manufactured by Fireclay Tile.
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Vitrified tiles and bathware products are manufactured for diverse applications.
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Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriors
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Sells tiles and slabs for residential and commercial building projects.
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Manufacturer of flooring products and building materials
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Detailed competitors of Qutone
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Latest news on Qutone
Complete news archive for Qutone
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Frequently Asked Questions about Qutone
Qutone was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Qutone is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Qutone is a funded company, having raised a total of $9.11M across 7 funding rounds to date.
As of Sep 30, 2024, the latest employee count at Qutone is 95.
Annual revenue of Qutone is $52.25M as on Mar 31, 2024.
Qutone was established in 2008 in Ahmedabad, India, as a manufacturer in the ceramic tiles sector. Operations focus on producing large-format slabs, glazed vitrified tiles, and digitally printed wall tiles. These products are supplied for use in residential and commercial applications. The company is led by managing directors and a chairman, with activities centered in the Indian market.
Qutone's top competitors include Somany Ceramics, Simpolo and Fireclay Tile.
Qutone offers iMarble Stoneware GVT, Digital Printed Glazed Vitrified Tiles, Pristine Series Tiles, and Rugged Collection Tiles.
Qutone has 31 investors. Key investors include Arunkumar Satyanarayan Chirania, Beenai Rajeev Adlakha, Kamala Devi Chirania, Sunita Agarwal, and Suryaben Surendra Shah.
The valuation of Qutone is $113.79M as of Jul 2024.