About Techno Paints
Techno Paints is a company based in India founded in 2001 by Srinivas Reddy Akuri.. Techno Paints has raised $1.66 million across 1 funding round from investors including Superstar Investment, Amit Raj Sinha Family Trust and Srinivas Reddy Akuri. The company has 24 employees as of April 05, 2024. Techno Paints offers products and services including Interior Emulsions and Exterior Emulsions.
- Headquarter Ranga Reddy, India
- Employees 24 as on 05 Apr, 2024
- Founders Srinivas Reddy Akuri
- Stage Minicorn
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Sectors
Chemicals & Materials
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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 Technopaints And Chemicals Limited
- Date of Incorporation 23 Apr, 2008
- Jurisdiction Serilingampally, Telangana, India
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Annual Revenue
$9.03 M (USD)38.71as on Mar 31, 2023
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Net Profit
$529.93 K (USD)19.81as on Mar 31, 2023
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EBITDA
$1.1 M (USD)47.9as on Mar 31, 2023
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Total Equity Funding
$1.66 M (USD)
in 1 rounds
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Latest Funding Round
$1.66 M (USD), Seed
Jun 17, 2024
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Investors
Superstar Investment
& 2 more
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Employee Count
24
as on Apr 05, 2024
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Products & Services of Techno Paints
Techno Paints offers a comprehensive portfolio of products and services, including Interior Emulsions and Exterior Emulsions. 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.
Interior emulsions are manufactured for use in residential and commercial settings to provide durable and functional finishes.
Exterior emulsions are designed for building exteriors to offer weather-resistant protection and longevity.
Funding Insights of Techno Paints
Techno Paints has successfully raised a total of $1.66M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.66 million completed in June 2024. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.7M
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First Round
First Round
(17 Jun 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Techno Paints | Valuation | Superstar Investment , Amit Raj Sinha Family Trust |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Techno Paints
Techno Paints has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Superstar Investment, Amit Raj Sinha Family Trust and Srinivas Reddy Akuri. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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SR
Srinivas Reddy Akuri |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Techno Paints
| 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 - Techno Paints
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Techno Paints Comparisons
Competitors of Techno Paints
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Techno Paints
When was Techno Paints founded?
Techno Paints was founded in 2001 and raised its 1st funding round 23 years after it was founded.
Where is Techno Paints located?
Techno Paints is headquartered in India. It is registered at Telangana, India.
Who is the current CEO of Techno Paints?
Kondoth Anil is the current CEO of Techno Paints.
Is Techno Paints a funded company?
Techno Paints is a funded company, having raised a total of $1.66M across 1 funding round to date. The company's 1st funding round was a Seed of $1.66M, raised on Jun 17, 2024.
How many employees does Techno Paints have?
As of Apr 05, 2024, the latest employee count at Techno Paints is 24.
What is the annual revenue of Techno Paints?
Annual revenue of Techno Paints is $9.03M as on Mar 31, 2023.
What does Techno Paints do?
Techno Paints is Indias largest paint manufacturer specializing in interior and exterior home wall paint colors. They offer a diverse portfolio of products and services for various sectors, focusing on elevating the ambiance of any space with beautifully painted walls.
What products or services does Techno Paints offer?
Techno Paints offers Interior Emulsions and Exterior Emulsions.
Who are Techno Paints's investors?
Techno Paints has 3 investors. Key investors include Superstar Investment, Amit Raj Sinha Family Trust, and Srinivas Reddy Akuri.
What is Techno Paints's valuation?
The valuation of Techno Paints is $22.21M as of Jun 2024.