About Whiteteak
Whiteteak is a company based in Bengaluru (India) founded in 2016 by Gagan Mehta, Pawan Mehta, Anu Mehta, and Mamta Mehta was acquired by Asian Paints in April 2022.. The company has 337 employees as of March 28, 2024. Whiteteak operates in a competitive market with competitors including Mansaa Smartshine, SMARTMESH, LumeHaus, Voylite and Global Lights Hub, among others.
- Headquarter Bengaluru, India
- Employees 337 as on 28 Mar, 2024
- Founders Gagan Mehta, Pawan Mehta, Anu Mehta, Mamta Mehta
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Obgenix Software Private Limited
- Date of Incorporation 06 Jan, 1999
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$7.13 M (USD)56.3as on Mar 31, 2022
-
Net Profit
$585.77 K (USD)144.3as on Mar 31, 2022
-
EBITDA
$982.31 K (USD)135.34as on Mar 31, 2022
-
Latest Funding Round
- Investors
-
Employee Count
337
as on Mar 28, 2024
-
Acquired by
Asian Paints
(Apr 01, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Whiteteak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Whiteteak
Whiteteak has secured backing from 1 investor. Prominent investors backing the company include Asian Paints. 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 |
|---|---|---|---|---|
|
Industrial and decorative paints are manufactured along with related solutions.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Whiteteak
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Whiteteak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Whiteteak Comparisons
Competitors of Whiteteak
Whiteteak 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 Mansaa Smartshine, SMARTMESH, LumeHaus, Voylite and Global Lights Hub, 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 |
Sells high-quality LED lights and decorative products online for consumers.
|
|
| domain | founded_year | HQ Location |
Provides smart home solutions for lighting, automation, and voice control devices.
|
|
| domain | founded_year | HQ Location |
Offers premium European-designed lamps crafted in India for home lighting solutions.
|
|
| domain | founded_year | HQ Location |
Voylite sells modern decorative lights online in India for homes and styles.
|
|
| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand specializing in handcrafted lighting products.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Whiteteak
Frequently Asked Questions about Whiteteak
When was Whiteteak founded?
Whiteteak was founded in 2016.
Where is Whiteteak located?
Whiteteak is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Whiteteak?
Pawan Mehta is the current CEO of Whiteteak. They have also founded this company.
How many employees does Whiteteak have?
As of Mar 28, 2024, the latest employee count at Whiteteak is 337.
What is the annual revenue of Whiteteak?
Annual revenue of Whiteteak is $7.13M as on Mar 31, 2022.
What does Whiteteak do?
Whiteteak was established in 2016 in Bengaluru, India, as a retailer in the luxury home goods sector. A variety of lighting options, such as chandeliers, pendants, table lamps, floor lamps, ceiling fixtures, wall sconces, and outdoor lights, is provided. Home decor elements including sculptures, vases, and wall art are also available. Purchases can be made through an online platform or physical locations, with emphasis placed on premium designs and materials.
Who are the top competitors of Whiteteak?
Whiteteak's top competitors include Mansaa Smartshine, SMARTMESH and LumeHaus.
Who are Whiteteak's investors?
Whiteteak has 1 investor. Key investors include Asian Paints.