About Sepio Products
Sepio Products is a Technology company based in Mumbai (India) founded in 2016 by Prasad Kamat, Paul Noronha, and Murad Nathani. IoT-based track and trace solutions for supply chains are provided. It operates in the Technology and Transportation, Automotive & Logistics sectors. Sepio Products has raised $3.51 million across 3 funding rounds from investors including Baring Private Equity Partners, India Debt Management and Harulika Ventures. The company has 85 employees. Sepio Products was last valued at $30.11 million in July 2023. Its chief executive, as recorded, is Murad Nathani. Its Indian entity Sepio Products Private Limited reported revenue of ₹80.42 Cr. Sepio Products offers products and services including Strap Seals, Twist Seals, Bolt Seals, Electronic Seals, and Padlock Seals. Its focus areas include Enterprise Applications, SCM Software, Visibility & Compliance and Supply Chain Visibility.
Company details
Provider of IoT-based track and trace solutions for supply chains. It enables the automation of product track and trace from manufacturing to distribution and retail. Its features include integration with IT and barcode systems, real-time count of products and shippers during loading and unloading, optimisation of inbound and outbound warehouse transfers, production planning, tracking of products in-transit and inventory analysis. It caters to pharmaceutical, logistics, utilities, industrial and FMCG sectors.
- Headquarters Mumbai, India
- Employees 85
- Founders Prasad Kamat, Paul Noronha, Murad Nathani
- Stage Minicorn
- SectorsTechnologyTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website sepioproducts.com
- Social LinkedIn X Facebook YouTube
- Legal Name Sepio Products Private Limited
- Date of Incorporation 19 Oct, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹80.42 Cr
FY 2025 · -5% YoY
- Net Profit₹83.6 Lakh
FY 2025 · 1% margin
- EBITDA₹14.21 Cr
FY 2025 · 18% margin
- Total Equity Funding$3.51M (USD)
in 3 rounds
- Latest Funding Round$2.81M (USD), Series A
Jul 2023
- InvestorsBaring Private Equity Partners
& 6 more
- Employee Count85
Associated legal entities of Sepio Products
Sepio Products operates through Sepio Products Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sepio Products Private Limited CIN U74999MH2016PTC286961 | Active | 19 Oct 2016 | Mumbai, Maharashtra | ₹80.4 Cr | 85 | 3 | View details |
Products & Services of Sepio Products
Sepio Products offers a comprehensive portfolio of products and services, including Strap Seals, Twist Seals, Bolt Seals, Electronic Seals, and Padlock Seals.
Tamper-proof seals for logistics and e-commerce applications.
Protects meters in energy and utilities sectors.
High-security seals for cargo and trailer protection.
Digital seals for real-time supply chain monitoring.
Simple seals for retail and everyday use.
Apps and channels of Sepio Products
its YouTube channel Sepio Products has 13 subscribers and 10 videos.
Videos from Sepio Products
The most watched videos on Sepio Products's YouTube channel, Sepio Products (13 subscribers). Click a video to play it here.
More on Sepio Products.
Funding Insights of Sepio Products
Sepio Products has successfully raised a total of $3.51M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.81 million completed in July 2023. 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 $3.51M
- Total Rounds 3
- Last Round Series A — $2.81M
- First Round $51,101
(Nov 2018)
- Investors Count 7
All 3 funding rounds of Sepio Products 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 |
|---|---|---|---|---|---|
| Jul 2023 | $2.81M | Series A | $30.11M | Baring Private Equity Partners | – |
| Mar 2022 | $657,000 | Seed | $26.94M | India Debt Management, Harulika Ventures | |
| Nov 2018 | $51,101 | Angel Round | – | Salina Manke, Melvin Manke |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2023 | $30.11M | •••••••• |
| Mar 2022 | $26.94M | •••••••• |
Last known valuation $30.11M (Jul 2023). 7 investors in total: 3 institutional and 4 angel.
Investors in Sepio Products
Sepio Products has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Baring Private Equity Partners, India Debt Management and Harulika Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focusing on buyouts and investments in multiple sectors | 1998 | bpepindia.com | Mumbai, India | |
PJ Pramit Jhaveri | unknown_bf477472199f490da | |||
SM Salina Manke | unknown_2e8c218086d44b93b | |||
MM Melvin Manke | unknown_d2ebc5982a6f42ffa | |||
DM Deepak Manohar Cheulkar | unknown_00b5661305204bb68 |
Investor details for Sepio Products
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 Sepio Products Private Limited (Sepio Products)
Sepio Products Private Limited is the primary company behind Sepio Products. The board of Sepio Products Private Limited currently have 3 directors; the longest-serving is Darshan Dhruman Gandhi, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Darshan Dhruman Gandhi DIN 07616509 | Director | 19 Oct 2016 | 10 yrs | Sepio Products Private Limited |
| Dattaprasad Narayan Kamat DIN 03222120 | Director | 03 Jan 2022 | 4 yrs 10 mo | Sepio Products Private Limited |
| Varun Batra DIN 00020526 | Nominee Director | 27 Jul 2023 | 3 yrs 3 mo | Sepio Products Private Limited |
People of Sepio Products
7 people are tracked at Sepio Products (4 in leadership, 3 in team); the tracked headcount is 85.
| Name | Role | Group |
|---|---|---|
Prasad Kamat | Co-Founder | Leadership |
| Co-Founder & Director | Leadership | |
Murad Nathani | Co-Founder & CEO | Leadership |
Mahesh Mhaske | Vice President Business Development | Leadership |
Meera Singh | Commercial Manager | Team |
Alka Rana | Sr. Sales Executive | Team |
Balwan Singh | Account Manager | Team |
Complete people profiles for Sepio Products
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 Sepio Products
Figures of Sepio Products Private Limited, the primary company behind Sepio Products, for FY 2025. Revenue was ₹80.42 Cr (-5% year on year). Net profit was ₹83.6 Lakh (1% margin). EBITDA was ₹14.21 Cr (18% margin). Revenue has grown at a compounded annual rate of +20% over three years and +32% over five years.
- ₹80.42 CrRevenue · FY 2025 · -5% YoY
- ₹83.6 LakhNet profit · 1% margin
- ₹14.21 CrEBITDA · 18% margin
- ₹5.9 LakhPaid-up capital
- 85Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- +32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sepio Products Private Limited are on its company page.
Detailed financial statements for Sepio Products
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 Sepio Products
4 dated milestones of Sepio Products across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Sepio Products is founded.
- Funding First funding round of $51K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.8M.
Web traffic of Sepio Products
The website of Sepio Products (sepioproducts.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 15.3% vs previous month
Websites whose visitors overlap most with Sepio Products. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mindcraft.in | 100% | #15,027,825 | View details |
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Related news about Sepio Products
Complete news archive for Sepio Products
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Frequently Asked Questions about Sepio Products
Sepio Products was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Sepio Products is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Murad Nathani is the CEO of Sepio Products, as recorded in our data. They have also founded this company.
Sepio Products is a funded company, having raised a total of $3.51M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $51.1K, raised on Nov 2018.
Sepio Products has 85 employees.
The primary company behind Sepio Products, Sepio Products Private Limited, reported revenue of ₹80.42 Cr for FY 2025, down 5% year on year.
Provider of IoT-based track and trace solutions for supply chains. It enables the automation of product track and trace from manufacturing to distribution and retail. Its features include integration with IT and barcode systems, real-time count of products and shippers during loading and unloading, optimisation of inbound and outbound warehouse transfers, production planning, tracking of products in-transit and inventory analysis. It caters to pharmaceutical, logistics, utilities, industrial and FMCG sectors.
Sepio Products offers Strap Seals, Twist Seals, Bolt Seals, Electronic Seals, and Padlock Seals.
Sepio Products has 7 investors. Key investors include Baring Private Equity Partners, India Debt Management, Harulika Ventures, Pramit Jhaveri, and Salina Manke.
The valuation of Sepio Products is $30.11M as of Jul 2023.
Sepio Products operates through Sepio Products Private Limited.
The legal entities of Sepio Products currently have 3 directors, including Dattaprasad Narayan Kamat, Varun Batra, Darshan Dhruman Gandhi.