About ROPE
ROPE is a Consumer company based in Madurai (India) founded in 2008 by Sreejith Nedumpully and Patrick Fischer. Manufacturer and exporter of handmade wicker baskets, hand woven placemats, runners, straw bags and related home decor and lifestyle products. ROPE has raised $267.15 thousand across 4 funding rounds from investors including Ventureast and National Research Development Corporation. The company has 222 employees. ROPE was last valued at $290.15 thousand in February 2014. Its Indian entity Rope Enterprises Private Limited reported revenue of ₹1.66 Cr. ROPE offers products and services including Wicker Baskets, Hand Woven Placemats, and Straw Bags. Its focus areas include Consumer Goods, Home Furnishing Products, Home Decor and Multi-Category. Its competitors include 10Club, Nestasia and Frido; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Madurai, India
- Employees 222
- Founders Sreejith Nedumpully, Patrick Fischer
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website ropeinternational.in
- Social LinkedIn Facebook Instagram
- Legal Name Rope Enterprises Private Limited
- Date of Incorporation 12 Dec, 2007
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.66 Cr
FY 2024 · -52% YoY
- Net Loss-₹4.75 Cr
FY 2024 · -287% margin
- EBITDA-₹4.10 Cr
FY 2024 · -248% margin
- Total Equity Funding$267.15K (USD)
in 4 rounds
- Latest Funding Round$40.36K (USD), Seed
Feb 2014
- InvestorsVentureast
& 1 more
- Employee Count222
Associated legal entities of ROPE
ROPE operates through Rope Enterprises 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 |
|---|---|---|---|---|---|---|---|
| Rope Enterprises Private Limited CIN U74990TN2007PTC065717 | Active | 12 Dec 2007 | Chennai, Tamil Nadu | ₹1.7 Cr | 222 | 3 | View details |
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.
- Total Funding $267,145
- Total Rounds 4
- Last Round Seed — $40,361
- First Round $71,081
(Jul 2008)
- Investors Count 2
All 4 funding rounds of ROPE 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 |
|---|---|---|---|---|---|
| Feb 2014 | $40,361 | Seed | $290,146 | Ventureast | – |
| Feb 2012 | $50,364 | Seed | $459,846 | Ventureast | – |
| Aug 2011 | $105,339 | Seed | $••••• | Ventureast | – |
| Jul 2008 | $71,081 | Seed | $••••• | NRDC | – |
Last known valuation $290,146 (Feb 2014). 2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Venture capital investments in technology, healthcare, and clean environment sectors since 1997. | 1997 | ventureast.net | Bengaluru, India | |
Technology commercialisation services are provided to clients. | 1953 | nrdcindia.com | Delhi, India |
Investor details for ROPE
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 Rope Enterprises Private Limited (ROPE)
Rope Enterprises Private Limited is the primary company behind ROPE. The board of Rope Enterprises Private Limited currently have 3 directors; the longest-serving is Nedumbully Narayanan Sreejith, appointed in 2007. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nedumbully Narayanan Sreejith DIN 01636241 | Director | 12 Dec 2007 | 18 yrs 10 mo | Rope Enterprises Private Limited |
| Nagrur Govindappa Lakshminarayan DIN 05256426 | Nominee Director | 21 Apr 2012 | 14 yrs 6 mo | Rope Enterprises Private Limited |
| Sreerenjini Chengazhassery Neelakantan DIN 10937864 | Director | 12 Feb 2025 | 1 yr 8 mo | Rope Enterprises Private Limited |
People of ROPE
2 people are tracked at ROPE (2 in leadership); the tracked headcount is 222.
| Name | Role | Group |
|---|---|---|
Sreejith Nedumpully | Co-Founder | Leadership |
Patrick Fischer | Co-Founder | Leadership |
Complete people profiles for ROPE
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 ROPE
Figures of Rope Enterprises Private Limited, the primary company behind ROPE, for FY 2024. Revenue was ₹1.66 Cr (-52% year on year). Net loss was -₹4.75 Cr (-287% margin). EBITDA was -₹4.10 Cr (-248% margin). Revenue has grown at a compounded annual rate of -16% over three years and -3% over five years.
- ₹1.66 CrRevenue · FY 2024 · -52% YoY
- -₹4.75 CrNet loss · -287% margin
- -₹4.10 CrEBITDA · -248% margin
- ₹37.7 LakhPaid-up capital
- 222Employees (provident fund records)
- -16%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rope Enterprises Private Limited are on its company page.
Detailed financial statements for ROPE
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 ROPE
3 dated milestones of ROPE across 6 years, from founding to its latest funding, stage changes and deals.
- Founded ROPE is founded.
- Funding First funding round of $71K.
- Funding Latest funding round, Seed, of $40K.
Competitors of ROPE
ROPE has 3 listed competitors in our database, 3 of them funded. They include 10Club, Nestasia and Frido.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 10clubhomes.com | 2020 | Bengaluru, India | $44.47M | 48 | Multi-category home products are offered through an internet-first platform. | |
| nestasia.in | 2018 | Kolkata, India | $12.4M | 164 | Internet-first brand of multi-category home improvement products | |
| myfrido.com | 2015 | Pune, India | $23.24M | 271 | Ergonomic products for pain relief and posture support are provided. |
Detailed competitors of ROPE
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 Home & Living Products
3 companies that operate in the same segment as ROPE (Home & Living Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 26.92 B | 43,024 |
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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. The company's 1st funding round was a Seed of $71.08K, raised on Jul 2008.
ROPE has 222 employees.
The primary company behind ROPE, Rope Enterprises Private Limited, reported revenue of ₹1.66 Cr for FY 2024, down 52% year on year.
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.
ROPE operates through Rope Enterprises Private Limited.
The legal entities of ROPE currently have 3 directors, including Nagrur Govindappa Lakshminarayan, Nedumbully Narayanan Sreejith, Sreerenjini Chengazhassery Neelakantan.