# Anbronica Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anbronica-technologies-pvt

- Industry: Consumer Products
- Headquarters: Delhi, India
- Website: www.deciwood.com
- Total disclosed funding: $0.2M
- Latest round: Seed (Jan 8, 2022)
- Investors on record: 3

## About

Anbronica Technologies Pvt. Ltd. is an innovative company specializing in the design and production of high-quality portable Bluetooth speakers, utilizing engineered wood to enhance acoustic performance and aesthetic appeal.Founded in 2018 in Delhi, India, Anbronica Technologies Pvt. Ltd. focuses on creating distinctive Bluetooth speakers. The company has successfully completed 2 deals, with the most recent funding round occurring on January 8, 2022. The company raised INR 14.43 mn in Seed funding led by ShuruUp Ventures, with additional investments from India Accelerator and LetsVenture. The founders, Aakash Mehta, Ananya Meena, and Karan Shukla, bring diverse expertise to the company, although no prior companies are noted. Anbronica Technologies has raised a total of INR 14.43 mn, leading to a current company valuation of INR 60.632 mn.Deciwood specializes in the design and manufacturing of high-quality portable Bluetooth speakers, focusing on engineered wood to ensure acoustic stability. Their flagship product, the Deciwood Unplugged Bluetooth speaker, merges innovative audio technology with visually appealing wooden designs, targeting music lovers, interior designers, and unique home decor seekers. The company operates in various urban markets, emphasizing premium audio products and offering customization options for personalizing speakers, enhancing consumer connection with the product.In the year 2023, Anbronica Technologies Pvt. Ltd. reported a revenue of INR 167,204.7, with an EBITDA of -INR 140,373.7, operating through a direct-to-consumer sales model primarily via their online platform. The revenue structure is based on individual sales, with additional potential from personalized orders, promoting higher transaction values through various customer loyalty incentives and promotional campaigns.Following their Seed funding round in January 2022, Anbronica Technologies Pvt. Ltd. plans to invest in research and development to enhance their product offerings, acquire new customers, and expand their market reach. The company is focused on launching new products and targeting additional geographic markets, though specific regions have not been disclosed. The recent funding will support these initiatives, aimed at bolstering the company's market position and customer base.

## Funding rounds

- Seed, Jan 8, 2022, $0.2M — LVX, India Accelerator, ShuruUp Ventures

## Investors

- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- India Accelerator (https://capitalatlas.ai/funds/india-accelerator) — Seed
- ShuruUp Ventures (https://capitalatlas.ai/funds/shuruup-ventures) — Seed