NG Earsafe, a pioneering brand in the audio technology space, has successfully raised Rs 1.06 crore in its seed funding round, led by Inflection Point Ventures (IPV). This funding will be pivotal in enhancing brand awareness, expanding market reach, and driving the development of new products. The strategic allocation of these resources aims to solidify NG Earsafe’s position in the market while catering to the increasing demand for safe listening solutions.
Innovative Technology for Safer Listening
Founded by co-founders Meet Shah and Raj Shah, NG Earsafe specializes in premium open-ear headphones that utilize Air Conduction and Bone Conduction Technology. This innovative approach transmits sound through vibrations, effectively bypassing the eardrum and ensuring a safer listening experience. The brand is dedicated to promoting user comfort and ear health, making it a unique player in the audio market.
- Key Features of NG Earsafe:
- Air Conduction and Bone Conduction Technology
- Focus on user comfort and ear health
- Safe listening solutions
With a commitment to innovation, NG Earsafe is poised to expand its product offerings and enhance its market presence. The funding will support these initiatives, allowing the bra
Market Presence and Sales Achievements
NG Earsafe has already made significant strides in the market, having sold over 43,000 headphones to date. The brand boasts a strong direct-to-consumer (D2C) presence across major online marketplaces such as Amazon and Flipkart. Additionally, NG Earsafe products are available in over 100 retail stores across India, including well-known chains like Sangeetha and Phonewale.
- Sales and Distribution Highlights:
- Over 43,000 headphones sold
- Strong D2C presence on Amazon and Flipkart
- Available in 100+ retail stores
The startup operates at an annual revenue run rate (ARR) of Rs 10 crore, reflecting its growing popularity and market acceptance. This financial momentum positions NG Earsafe well for future growth as it continues to innovate and expand its reach.
Recognition and Future Aspirations
NG Earsafe’s innovative approach has not gone unnoticed. The startup was a finalist at the Retail Startup Awards in 2022 and secured the 1st prize at Aakar, IIT Bombay, in 2019. These accolades highlight the brand’s commitment to excellence and its potential for success in the competitive audio technology landscape.
As NG Earsafe moves forward, the focus will be on leveraging the recent funding to enhance brand visibility, develop new products, and strengthen its market position. With a clear vision and innovative technology, NG Earsafe is set to make a significant impact in the audio industry.
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