About Ribin
Ribin is a Retail company based in Pune (India) founded in 2022 by Abhishek Pai Angle and Om Kannamwar. Ribin is focused on elevating employee experiences through tailored solutions. It operates on a SaaS (Software-as-a-Service) and Managed Services model. Ribin has raised $171.73 thousand across 2 funding rounds from investors including 100X.VC. The company has 1 employees. Its chief executive, as recorded, is Om Kannamwar. Its Indian entity Closertech Private Limited reported revenue of ₹14.3 Lakh. Ribin offers products and services including Corporate Experiences Platform, Engagement Analytics, and AI Concierge. Its focus areas include Technology, HR Tech and Employee Engagement Solutions. Its competitors include Grow-Trees, Expree and India Santa; 1 of its 3 listed competitors has raised funding.
Company details
Ribin is engaged in providing a data-driven platform for corporate experiences, specializing in employee engagement solutions. The company operates within the HR technology sector, offering customized engagement plans, analytics, and AI-driven personalization for organizations. Services are designed to enhance workplace culture, retention, and satisfaction by curating impactful experiences aligned with company goals and employee preferences. Solutions are tailored for mid-sized corporates in India, replacing multiple vendors with a streamlined, all-in-one platform.
- Headquarters Pune, India
- Employees 1
- Founders Abhishek Pai Angle, Om Kannamwar
- SectorsRetail
- Website ribin.in
- Social LinkedIn Facebook Instagram
- Legal Name Closertech Private Limited
- Date of Incorporation 25 May, 2022
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹14.3 Lakh
FY 2024 · +25459% YoY
- Net Loss-₹79.4 Lakh
FY 2024 · -555% margin
- EBITDA-₹75.3 Lakh
FY 2024 · -526% margin
- Total Equity Funding$171.73K (USD)
in 2 rounds
- Latest Funding Round$11.73K (USD), Series B
Nov 2024
- Investors
- Employee Count1
Associated legal entities of Ribin
Ribin operates through Closertech 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 |
|---|---|---|---|---|---|---|---|
| Closertech Private Limited CIN U72900PN2022PTC211603 | Active | 25 May 2022 | Pune, Maharashtra | ₹0.1 Cr | 2 | View details |
Products & Services of Ribin
Ribin offers a comprehensive portfolio of products and services, including Corporate Experiences Platform, Engagement Analytics, and AI Concierge.
A platform for tailored corporate employee experiences provided.
Insights on employee participation and program effectiveness offered.
Personalized corporate experience recommendations driven by AI technology.
Funding Insights of Ribin
Ribin has successfully raised a total of $171.73K across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.73 thousand completed in November 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.
- Total Funding $171,727
- Total Rounds 2
- Last Round Series B — $11,727
- First Round $160,000
(Jun 2023)
- Investors Count 1
All 2 funding rounds of Ribin 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 |
|---|---|---|---|---|---|
| Nov 2024 | $11,727 | Series B | – | – | – |
| Jun 2023 | $160,000 | Seed | – | 100X.VC | – |
1 investors in total: 1 institutional.
Investors in Ribin
Ribin has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India |
Investor details for Ribin
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 Closertech Private Limited (Ribin)
Closertech Private Limited is the primary company behind Ribin. The board of Closertech Private Limited currently have 2 directors; the longest-serving is Smita Milind Kannamwar, appointed in 2025. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Smita Milind Kannamwar DIN 09619506 | Additional Director | 08 Oct 2025 | 1 yr | Closertech Private Limited |
| Gauri Rohan Pai Angle DIN 11330928 | Additional Director | 08 Oct 2025 | 1 yr | Closertech Private Limited |
People of Ribin
3 people are tracked at Ribin (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Abhishek Pai Angle | Co-Founder | Leadership |
Om Kannamwar | Co-Founder & CEO | Leadership |
Kunal R. Sarpal | Director | Leadership |
Complete people profiles for Ribin
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 Ribin
Figures of Closertech Private Limited, the primary company behind Ribin, for FY 2024. Revenue was ₹14.3 Lakh (+25459% year on year). Net loss was -₹79.4 Lakh (-555% margin). EBITDA was -₹75.3 Lakh (-526% margin).
- ₹14.3 LakhRevenue · FY 2024 · +25459% YoY
- -₹79.4 LakhNet loss · -555% margin
- -₹75.3 LakhEBITDA · -526% margin
- ₹2.7 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Closertech Private Limited are on its company page.
Detailed financial statements for Ribin
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 Ribin
3 dated milestones of Ribin across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Ribin is founded.
- Funding First funding round of $160K.
- Funding Latest funding round, Series B, of $12K.
Competitors of Ribin
Ribin has 3 listed competitors in our database, 1 of them funded. They include Grow-Trees, Expree and India Santa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grow-trees.com | 2010 | Mumbai, India | $184,838 | Online platform offering planted trees | ||
| expree.in | 2016 | Bengaluru, India | Provides a versatile platform for corporate gifting, simplifying employee and client rewards. | |||
| indiasanta.com | 2013 | Bengaluru, India | Operates an online retail shop for experience gifting and gift registries. |
Detailed competitors of Ribin
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.
Top companies in Stationery, Gifting & Handicrafts E-Commerce
2 companies that operate in the same segment as Ribin (Stationery, Gifting & Handicrafts E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category gifting products are provided through an online platform. | 2015 | Mumbai, Maharashtra, India | USD 4.35 M | USD 916.16 K | ||
AI-powered loyalty, rewards, and employee engagement solutions are provided. | 2012 | Bengaluru, Karnataka, India | USD 100.61 M | USD 98.95 M | 327 |
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Frequently Asked Questions about Ribin
Ribin was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Ribin is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Om Kannamwar is the CEO of Ribin, as recorded in our data. They have also founded this company.
Ribin is a funded company, having raised a total of $171.73K across 2 funding rounds to date. The company's 1st funding round was a Seed of $160K, raised on Jun 2023.
Ribin has 1 employees.
The primary company behind Ribin, Closertech Private Limited, reported revenue of ₹14.3 Lakh for FY 2024, up 25459% year on year.
Ribin is engaged in providing a data-driven platform for corporate experiences, specializing in employee engagement solutions. The company operates within the HR technology sector, offering customized engagement plans, analytics, and AI-driven personalization for organizations. Services are designed to enhance workplace culture, retention, and satisfaction by curating impactful experiences aligned with company goals and employee preferences. Solutions are tailored for mid-sized corporates in India, replacing multiple vendors with a streamlined, all-in-one platform.
Ribin's top competitors include Grow-Trees, India Santa and Expree.
Ribin offers Corporate Experiences Platform, Engagement Analytics, and AI Concierge.
Ribin has 1 investor. Key investors include 100X.VC.
Ribin operates through Closertech Private Limited.
The legal entities of Ribin currently have 2 directors, including Smita Milind Kannamwar, Gauri Rohan Pai Angle.