About Xech
Xech is a company based in Mumbai (India) founded in 2012 by Pranay Punjabi was acquired by Nethive in February 2023.. Xech operates in a competitive market with competitors including Xiaomi, boAt, Nothing, Meizu and Qubo, among others.
- Headquarter Mumbai, India
- Founders Pranay Punjabi
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Sectors
Retail
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Phone
*********
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Website
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- Legal Name Xech Technologies Private Limited
- Date of Incorporation 12 Oct, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Funding Insights of Xech
| 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 |
Investors in Xech
Xech has secured backing from 1 investor. Prominent investors backing the company include Nethive. 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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IT service suite solutions are provided by Nethive in Italy.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Xech
| 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 - Xech
| 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 |
Xech Comparisons
Competitors of Xech
Xech 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 Xiaomi, boAt, Nothing, Meizu and Qubo, 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 |
Multi-category consumer electronics are offered through an internet-first model.
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| domain | founded_year | HQ Location |
Personal audio products, wearables, and mobile accessories are retailed.
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| domain | founded_year | HQ Location |
Multi-category electronics are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category consumer electronics are provided by an internet-first brand.
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Online platform offering a wide range of consumer electronics
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Task management and project collaboration software is provided for teams.
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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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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 Xech
Frequently Asked Questions about Xech
When was Xech founded?
Xech was founded in 2012.
Where is Xech located?
Xech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
What is the annual revenue of Xech?
Annual revenue of Xech is $2.62M as on Mar 31, 2023.
What does Xech do?
Retailer of new-age home appliances, portable kettles, and garment steamers. The company provides a range of products including fans, air circulators, digital clocks, and speakers. It offers handheld vacuums, tyre inflators, and head and eye massagers. The companys products are available for purchase online.
Who are Xech's investors?
Xech has 1 investor. Key investors include Nethive.