About Saffronart
Saffronart is a company based in Mumbai (India) founded in 2000 by Minal Vazirani and Dinesh Vazirani.. The company has 44 employees as of March 25, 2024. Saffronart offers products and services including Art Auction Platform, Jewellery Auction Service, Antiquities Auction, and Prime Properties Auction. Saffronart operates in a competitive market with competitors including AstaGuru, Artygenie, Scutiarts and Bidsvilla, among others.
- Headquarter Mumbai, India
- Employees 44 as on 25 Mar, 2024
- Founders Minal Vazirani, Dinesh Vazirani
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Saffron Art Private Limited
- Date of Incorporation 22 Dec, 1999
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$7.15 M (USD)0as on Mar 31, 2023
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Net Profit
$904.79 K (USD)0as on Mar 31, 2023
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EBITDA
$1.18 M (USD)0as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
44
as on Mar 25, 2024
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Products & Services of Saffronart
Saffronart offers a comprehensive portfolio of products and services, including Art Auction Platform, Jewellery Auction Service, Antiquities Auction, and Prime Properties Auction. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for bidding on fine art and collectibles worldwide
Service for auctions of fine jewels and silver items
Auctions focused on historical antiquities and artifacts
Platform for bidding on luxury and prime real estate properties
Funding Insights of Saffronart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Saffronart
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Saffronart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Saffronart Comparisons
Competitors of Saffronart
Saffronart 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 AstaGuru, Artygenie, Scutiarts and Bidsvilla, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Marketplace offering multi-category art products
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| domain | founded_year | HQ Location |
Online platform for purchasing paintings and handicrafts via auctions.
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| domain | founded_year | HQ Location |
Operates an online auction platform specializing in art products for buyers and sellers.
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| domain | founded_year | HQ Location |
Operates an online auction platform focused on arts and handicrafts for global buyers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Saffronart
Frequently Asked Questions about Saffronart
When was Saffronart founded?
Saffronart was founded in 2000.
Where is Saffronart located?
Saffronart is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Saffronart?
Dinesh Vazirani is the current CEO of Saffronart. They have also founded this company.
How many employees does Saffronart have?
As of Mar 25, 2024, the latest employee count at Saffronart is 44.
What is the annual revenue of Saffronart?
Annual revenue of Saffronart is $7.15M as on Mar 31, 2023.
What does Saffronart do?
Saffronart was established in 2000 in Mumbai, India, as an online auction platform focused on modern and contemporary Indian art. Private sales of art, jewellery, collectibles, and real estate are facilitated through the platform. A team operates across India and the USA, with art export activities initiated in 2012. Mobile and iPad applications support bidding and purchases in auctions.
Who are the top competitors of Saffronart?
What products or services does Saffronart offer?
Saffronart offers Art Auction Platform, Jewellery Auction Service, Antiquities Auction, and Prime Properties Auction.