About ROPE
ROPE is a company based in Madurai (India) founded in 2008 by Sreejith Nedumpully and Patrick Fischer. ROPE has raised $267.15 thousand across 4 funding rounds from investors including Ventureast and National Research Development Corporation. The company has 222 employees as of April 05, 2024. ROPE offers products and services including Wicker Baskets, Hand Woven Placemats, and Straw Bags. ROPE operates in a competitive market with competitors including 10Club, Nestasia, Frido, Ellementry and Pelican Essentials, among others.
- Headquarter Madurai, India
- Employees 222 as on 05 Apr, 2024
- Founders Sreejith Nedumpully, Patrick Fischer
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Rope Enterprises Private Limited
- Date of Incorporation 12 Dec, 2007
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$270.18 K (USD)-19.42as on Mar 31, 2019
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Net Profit
-$84.37 K (USD)21.87as on Mar 31, 2019
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EBITDA
-$74.21 K (USD)14.52as on Mar 31, 2019
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Total Equity Funding
$267.15 K (USD)
in 4 rounds
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Latest Funding Round
$40.36 K (USD), Seed
Feb 25, 2014
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Investors
Ventureast
& 1 more
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Employee Count
222
as on Apr 05, 2024
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Products & Services of ROPE
ROPE offers a comprehensive portfolio of products and services, including Wicker Baskets, Hand Woven Placemats, and Straw Bags.
Handmade baskets from natural fibers for storage and organization.
Woven placemats using natural materials for table settings.
Handcrafted bags from straw for everyday use and decor.
Funding Insights of ROPE
ROPE has successfully raised a total of $267.15K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $40.36 thousand completed in February 2014. 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 ROPE
ROPE has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ventureast and National Research Development Corporation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
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Technology commercialisation services are provided to clients.
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Investor details for ROPE
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Investments & Acquisitions by ROPE
Investment portfolio details for ROPE
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Financial Statements - ROPE
Detailed financials for ROPE
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Rope Comparisons
Peer comparison for ROPE
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Competitors of ROPE
ROPE 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 10Club, Nestasia, Frido, Ellementry and Pelican Essentials, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category home products are offered through an internet-first platform.
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Internet-first brand of multi-category home improvement products
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Ergonomic products for pain relief and posture support are provided.
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Handmade home improvement products are sold online through Ellementry.
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Internet first brand offering furniture products
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Home furnishing and decor products are offered online.
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Detailed competitors of ROPE
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Latest news on Rope
Complete news archive for ROPE
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Frequently Asked Questions about ROPE
ROPE was founded in 2008.
ROPE is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.
ROPE is a funded company, having raised a total of $267.15K across 4 funding rounds to date.
As of Apr 05, 2024, the latest employee count at ROPE is 222.
Annual revenue of ROPE is $270.18K as on Mar 31, 2019.
ROPE is a leading Indian manufacturer and exporter of handmade wicker baskets, placemats, runners, straw bags, and other home decor and lifestyle products. They focus on providing natural and sustainable products for a greener living environment.
ROPE offers Wicker Baskets, Hand Woven Placemats, and Straw Bags.
ROPE has 2 investors. Key investors include Ventureast, and National Research Development Corporation.
The valuation of ROPE is $290.15K as of Feb 2014.