About Rotimatic
Rotimatic is a company based in Singapore founded in 2008 by Pranoti Nagarkar and Rishi Israni was acquired by Light Ray Holdings in October 2020. Rotimatic has raised $42.5 million across 5 funding rounds from investors including Credence Investment, EDBI and Openspace Capital. The company has 16 employees as of April 06, 2024. Rotimatic offers products and services including Rotimatic NEXT, Rotimatic Plus, Accessories, and Mixes.
- Headquarter Singapore
- Employees 16 as on 06 Apr, 2024
- Founders Pranoti Nagarkar, Rishi Israni
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Sectors
ConsumerRetail Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Zimplistic India Private Limited
- Date of Incorporation 05 Apr, 2017
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$1.12 M (USD)378.58as on Mar 31, 2023
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Net Profit
$38.07 K (USD)367.66as on Mar 31, 2023
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EBITDA
$46.4 K (USD)333.5as on Mar 31, 2023
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Total Equity Funding
$42.5 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Series C
Apr 17, 2018
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Investors
Credence Investment
& 5 more
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Employee Count
16
as on Apr 06, 2024
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Acquired by
Light Ray Holdings
(Oct 16, 2020)
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Products & Services of Rotimatic
Rotimatic offers a comprehensive portfolio of products and services, including Rotimatic NEXT, Rotimatic Plus, Accessories, and Mixes.
Fully automatic machine for quick home roti preparation.
Advanced device for making various flatbreads easily.
Components to enhance roti maker functionality.
Flour blends enriched with superfoods for healthy rotis.
Funding Insights of Rotimatic
Rotimatic has successfully raised a total of $42.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in April 2018. 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 Rotimatic
Rotimatic has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Credence Investment, EDBI and Openspace Capital.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward small and medium enterprises.
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Early-stage technology startups are invested in by Openspace Ventures.
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Investor details for Rotimatic
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Investments & Acquisitions by Rotimatic
Investment portfolio details for Rotimatic
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Financial Statements - Rotimatic
Detailed financials for Rotimatic
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Rotimatic Comparisons
Peer comparison for Rotimatic
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Competitors of Rotimatic
Detailed competitors of Rotimatic
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Latest news on Rotimatic
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Frequently Asked Questions about Rotimatic
Rotimatic was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Rotimatic is headquartered in Singapore.
Pranoti Nagarkar is the current CEO of Rotimatic. They have also founded this company.
Rotimatic is a funded company, having raised a total of $42.5M across 5 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Rotimatic is 16.
Annual revenue of Rotimatic is $1.12M as on Mar 31, 2023.
Rotimatic is a developer of a fully automatic flatbread-making robot. Its an automatic flatbread-making robot for household applications. The robot comes with built-in artificial intelligence and IoT capabilities with a 32-bit microprocessor that harmoniously orchestrates 10 motors and 15 sensors. Users load the machine with the required ingredients, select the number of bread they wish to make, for it to prepare up to 20 loaves of bread in one go. It claims that the robot mirrors human judgment to adjust the proportion of flour and water in real-time.
Rotimatic offers Rotimatic NEXT, Rotimatic Plus, Accessories, and Mixes.
Rotimatic has 6 investors. Key investors include Credence Investment, EDBI, Openspace Capital, Robert Bosch Venture Capital, and SPRING Singapore.