About Varmora Granito
Varmora Granito is a company based in Mumbai (India) founded in 2003 by Raman Varmora.. Varmora Granito has raised $153.95 thousand across 2 funding rounds from investors including The Carlyle Group and Katsura Investment. Varmora Granito offers products and services including Stone Floor Tiles, Wall Tiles, Sanitaryware, Faucets, and Kitchen Sinks. Varmora Granito operates in a competitive market with competitors including Somany Ceramics, Fireclay Tile, Simpolo, RAK Ceramics and Armstrong Flooring, among others.
- Headquarter Mumbai, India
- Founders Raman Varmora
- Stage Minicorn
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Varmora Granito Pvt. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$153.95 K (USD)
in 2 rounds
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Latest Funding Round
$153.95 K (USD), Unspecified
Aug 30, 2022
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Investors
The Carlyle Group
& 1 more
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Employee Count
Employee Count
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Products & Services of Varmora Granito
Varmora Granito offers a comprehensive portfolio of products and services, including Stone Floor Tiles, Wall Tiles, Sanitaryware, Faucets, and Kitchen Sinks. 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.
Tiles designed for durable flooring in residential and commercial spaces
Decorative tiles for walls with various aesthetic finishes
Products for bathroom fixtures ensuring functionality and style
Water control devices for sinks and showers with durable materials
Sinks for kitchen use with easy installation and maintenance
Adhesive solutions for fixing tiles securely in construction
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Funding Insights of Varmora Granito
Varmora Granito has successfully raised a total of $153.95K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $153.95 thousand completed in August 2022. 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 2
- Last Round Unspecified — $153,948
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Unspecified - Varmora Granito | Valuation | Katsura Investment |
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| Jun, 2022 | Amount | Private Equity Round - Varmora Granito | Valuation |
investors |
| 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 Varmora Granito
Varmora Granito has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Carlyle Group and Katsura Investment. 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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A private equity fund is focused on multiple sectors.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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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 Varmora Granito
| 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 - Varmora Granito
| 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 |
Varmora Granito Comparisons
Competitors of Varmora Granito
Varmora Granito 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 Somany Ceramics, Fireclay Tile, Simpolo, RAK Ceramics and Armstrong Flooring, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ceramic tiles are manufactured by Somany Ceramics in India.
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| domain | founded_year | HQ Location |
Made-to-order tiles are manufactured by Fireclay Tile.
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| domain | founded_year | HQ Location |
Vitrified tiles and bathware products are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriors
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| domain | founded_year | HQ Location |
Manufacturer of flooring products and building materials
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| 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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Latest news on Varmora Granito
Frequently Asked Questions about Varmora Granito
When was Varmora Granito founded?
Varmora Granito was founded in 2003 and raised its 1st funding round 19 years after it was founded.
Where is Varmora Granito located?
Varmora Granito is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Varmora Granito a funded company?
Varmora Granito is a funded company, having raised a total of $153.95K across 2 funding rounds to date.
What does Varmora Granito do?
Varmora Granito was founded in 2003 in Mumbai, India, within the construction sector. Ceramic tiles for floor and wall uses are produced, encompassing various finishes such as metallic, matt, GVT full-body, silk satin, glossy, high polished, and Kerinox. Operations focus on supplying these materials to support building projects across the region.
Who are the top competitors of Varmora Granito?
Varmora Granito's top competitors include Somany Ceramics, Simpolo and Fireclay Tile.
What products or services does Varmora Granito offer?
Varmora Granito offers Stone Floor Tiles, Wall Tiles, Sanitaryware, Faucets, and 2 more products and services.
Who are Varmora Granito's investors?
Varmora Granito has 2 investors. Key investors include The Carlyle Group, and Katsura Investment.
What is Varmora Granito's valuation?
The valuation of Varmora Granito is $57.05M as of Aug 2022.