NG Earsafe is a headphone manufacturer startup that offers headphones that sit on cheekbones rather than inside the ear canal and protect the ear damage. The startup secured Rs 1.06 crore in its ongoing seed funding round led by Inflection Point Ventures. The funding round saw the participation of various investors. These services and sales of open-ear headphones are the company’s primary sources of revenue.
The startup plans to use these fresh proceeds to enhance its brand presence, expand its customer base, and enhance its platform. The company also intends to use some of this investment to strengthen its market presence and offer innovative solutions to meet the growing customer demand. The firm is focused on developing new products and improving its category awareness.
The company provides a safer way to listen to music and communicate without damaging ears. NG Earsafe offers products that simplify calls with one click, allowing extended conversations without harming ears. The company aims to strengthen its presence and increase its product offerings. The open-ear bone conduction headphone brand offers safer devices for headphone users.
This Rajkot-based startup is an ENT-certified premium open-ear headphone manufacturing firm. The company uses bone and air conduction technologies to provide safer listening solutions. The company also uses technology to transmit sounds through vibrations, ensuring a safer listening experience while bypassing the eardrum. The startup aims to advance its technology while improving its online platform and strengthening its brand presence. The investment highlights the investor’s trust in NG Earsafe’s business model and market potential.
The startup data intelligence platform, tracxn mentioned that the firm has raised over 218k USD across two funding rounds since its inception, including $91.7k raised during its angel funding round from Jignesh Joshi and others. The development came when the company saw increased investor interest.
The startup claims to have sold around 43,000 headphones making a strong D2C presence in the leading marketplace like Flipkart and Amazon. The company serves its solutions in over 100 retail stores across India. Entrackr reported the development first. The startup wants to provide safer listening and communication solutions. NG Earsafe faces competition from other headphone manufacturing brands in the same market segment such as Jabra and Wings Lifestyle.
Conclusion :
The open-ear bone conduction headphone manufacturing startup NG Earsafe secured Rs 1.06 crore in its recent seed funding round from Inflection Point ventures with the participation of other investors. The startup plans to use this fresh capital to scale its operations, enhance its brand presence, improve category awareness, and increase its product offerings. This investment will enable the firm to provide its customers with easy listening and communication solutions. The company aims to offer safer listening solutions through its bone and air conduction technologies.
The firm also uses advanced technologies to bypass the eardrum via vibrations and protect against ear damage. The development came just after the D2C sector saw increased investor interest. The headphone brand competes with other companies in the same market segment including Wings Lifestyle.
Disclaimer – We have collected this information from various trustworthy sources on the Internet, and the facts have been checked manually and verified by our In House team.
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