Ecoratings
Sector Sustainability Website www.ratings.eco Location Delhi/NCR Stage Early
Author: VG Admin
Shark Tank
Venture Garage makes splash in Shark Tank: Given First Exit & First Guest Shark from its Portfolio Venture Garage makes a significant impact on Shark Tank, achieving a milestone with its first guest shark and Shark Tank’s inaugural exit both from its portfolio. The standout …
Ekarkhaana
About Us
We supply Home Solution products & starting with kitchenware and cookware range. Our asset light, inventory light cloud factory model aggregates demand, curates manufacturing & provides customised supply solutions.
Our integration of digital manufacturing with low-cost supply and financial solutions effectively manages costs & drives scale and profitability. In our short history, we’ve successfully expanded our presence to four Indian states, redefining B2B commerce through innovation and forward-thinking solutions.
The global market for kitchenware category is estimated at US$ 65B in 2022 & expected to grow at CAGR of 4.4% to touch approx. USD 85B by 2030. Within this category “non stick” cookware & “other” cookware segments are expected to grow at a CAGR of 5% & 6.5% respectively to touch approx. USD 45B & USD 30B respectively by 2030. These numbers do not include the rest of the home portfolio, which makes the opportunity even more exciting! In India the Home & Kitchen market is estimated to be approx. USD 30B & the opportunity for eKarkhana lies both in India as well as Exports.
Opportunity
TEAM
Co-Founder & CEO
IIT Roorkee graduate and leadership programme from ISB, Hyderabad, he holds 25+ years of experience across, Manufacturing, supply and Ecommerce. Previously held leadership role at Udaan and Flipkart.
Co-Founder & CSO
Holds over 19 years of experience across manufacturing, Supplier Development and E-commerce.
Co-Founder & CBO
With over 23 years of experience in running global businesses across consumer goods, automotive, retail and telecom, and held positions at Pansonic, Harman, Philips and LG.
Centriti
Sector Enterprise Tech | Supplychain | Logistics Website http://centriti.in/ Location New Delhi Stage Growth
Sequretek
Venture Garage advises Sequretek in $8 Million Series A Funding to Boost Cybersecurity Solutions for SMBs
Delhi, 9 November 2023: Mumbai-based global cybersecurity firm, Sequretek, has bagged $8 million in Series A funding, The round was led by Omidyar Network India with participation from Narottam Sekhsaria Family Office and Alteria Capital. Venture Garage was the financial advisor to Sequretek in this transaction and also invested from its angel network, VG-Angels, in this funding round.
Vivek Kumar, the CEO of Venture Garage, extends heartfelt congratulations to the Sequretek team and founders on closing their Series A round. “It’s been exciting working with them. Given their understanding of the space I think they are destined to scale big. We’re really happy to be part of this journey. Our best wishes to the team for all their future endeavors, especially in their effort to crack the North American market”.
Sequretek, founded in 2013 by Pankit Desai and Anand Naik, has been at the forefront of safeguarding businesses from cyber threats, utilizing its cutting-edge AI-powered Percept Cloud Security Platform (CSP). The Percept CSP offers a comprehensive suite of cybersecurity products, including Percept Extended Detection & Response (XDR), Percept Identity Administration & Governance (IGA), Percept Endpoint Detection & Response (EDR), and Managed Security Services (MSS).
Pankit Desai, the CEO of Sequretek, emphasized the pressing need for enhanced cybersecurity for SMBs in the post-pandemic world. “Small and medium businesses have increasingly become more susceptible to cyber-attacks,” he stated. “While more SMBs have realized the need for efficient cybersecurity management, lack of budget-friendly consolidated solutions and inadequate in-house resources have created a large security gap in the sector.”
As cyber threats continue to evolve, Sequretek’s commitment to bolstering the cybersecurity infrastructure for SMBs is a promising development for businesses in India and beyond. This latest funding round marks a significant step in their journey to fortify cybersecurity and protect SMBs from the ever-evolving threat landscape.
Shilpa Kumar, Partner at Omidyar Network India, expressed Omidyar’s commitment to enhance accessibility and data governance solutions, especially for small and mid-sized customers. “In the last decade, Sequretek has successfully implemented its vision of taking cutting-edge AI-driven cybersecurity products to underserved sectors in India at affordable price points. Their digital plus working model has proven to be a viable solution for catering to the burgeoning Indian SMB sector, which often lacks dedicated information security resources.”
Know more about Sequretek: Click Here
Chelvies Coffee
Sector F&B | FMCG| Consumer Brand Website www.chelviescoffee.com Location Delhi/NCR Stage Early
Omnivio raises seed round
Venture Garage portfolio and client Omnivio raises $1.02 Million Seed Round Led by Caret Capital, Blume Ventures, Eximius VC, and others
NOIDA, October 18, 2023 – Omnivio, a leader in Omnichannel enablement, has successfully raised $1.02 million in its latest Seed Round. The funding was led by Caret Capital, with participation from prominent investors including Blume Ventures, Eximius VC, Sunicon Ventures, Misfits, VG-Angels (the angel network of Venture Garage), and other individual investors from India, the Middle East, and South East Asia. Venture Garage also enabled part of the transaction for Omnivio as advisors. .This round also saw continued support from existing investors including 91 Ventures, Dexter Angels, and Supermorpehus, bringing Omnivio’s total fund raise to approximately $1.5 million.
Founded by Sidhartha Kumar Bhimania & Anuj Jain, Omnivio’s mission is to redefine the Omnichannel experience for retailers and omni-brands by ensuring seamless customer experiences across various channels. Through its Omnivio Control Tower and Orchestration platform, the company provides post-checkout visibility and operational control across marketplaces, proprietary checkouts, and physical stores. Some of Omnivio’s well known clients are Mensa Brands, Supertails and Meesho.
“Traditionally, offline was the only sales channel for many large and small retailers & brands. With the advent of technology, new avenues such as Ecommerce/Marketplaces and D2C have opened up. Keeping up with customer expectations and competition in this omni-channel environment is not an easy task. Omnivio is solving exactly for this need of the hour and we believe this is a big opportunity.”
-Vineet Sagar, Co-Founder & Managing Partner at Venture Garage
Omnivio intends to allocate the newly raised funds towards the development of its Omni-channel visibility and orchestration product suite. Additionally, the company plans to expand its enterprise Go-To-Market (GTM) teams in India and the Middle East. With this infusion of capital, Omnivio is well-positioned to continue its journey to become a category-defining Omnichannel enablement company.
“While omni-channel is rapidly becoming mainstream, companies find it challenging to transition from a pure offline player to an omni-channel player, or vice-versa, as their existing supply chains and distribution networks are not designed for the omni-channel world. Startups can play an enabling role and Omnivio has been able to distinguish its strategy and business model. Omnivio SaaS platform provides brands a Control tower for managing synchronisation between different stakeholders and delivers gold-standard consumer experiences. We are excited to partner with Sidhartha, Anuj and the team at Omnivio as they march towards transforming India’s value chain.”
–Prajakt Raut, Managing Partner at Caret Capital
“We intend to double down on our strategy of solving for Omni-channel visibility and orchestration of customer experiences for modern retail enterprises. Also we have been thinking India & Middle East expansion and will utilize the funds for building GTM teams for those geographies.”
-Sidhartha Kumar Bhimania, Co-Founder at Omnivio
About Omnivio: Omnivio is a leading Omnichannel enablement company dedicated to providing seamless customer experiences across diverse channels. Their innovative Omnivio Control Tower and Orchestration platform empowers businesses with the post-checkout visibility and control needed to excel in the dynamic Omnichannel landscape.
Read more about Omnivio here: https://venturegarage.in/omnivio/
