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Cello - About the company

Cello is a public company based in Mumbai (India), founded in 1958 by Ghisulal Dhanraj Rathod. It operates as a Brand of kitchen appliances and thermoware products. Cello has raised $57.3M in funding from ICICI Venture. The company has 149 active competitors, including 8 funded and 7 that have exited. Its top competitors include companies like P-TAL, Borosil and Merlin Brands.

Company Details

Brand of kitchen appliances and thermoware products. The company produces moulded furniture, oral hygiene, writing instruments, paper products and plastic packaging. It has recently entered in kitchen appliance with product range that includes rice cooker, induction cooker, tea maker, kettle, toaster, sandwich maker, mixer grinder, and more.
Social
X
Email ID
*****@celloworld.com
Phone Number
+91 **********
Registered Address
Survey No. 720/5, Somnath Road, Dabhel, Nani Daman, Daman, Daman, Daman and Diu, India, 396210
Key Metrics
Founded Year
1958
Location
Mumbai, India
Stage
Public
Total Funding
$57.3M in 2 rounds
Latest Funding Round
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
824 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Cello's IPO details

Cello got listed on Nov 06, 2023.
Click here to take a look at Cello's IPO in detail
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Cello's funding and investors

Cello has raised a total funding of $57.3M over 2 rounds. Its first funding round was on Oct 21, 2022. Its latest funding round was a Post IPO round on Jul 04, 2024 for $*****. 5 investors participated in its latest round. Cello has 8 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Cello:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 04, 2024
6333597
Post IPO
8121836
6911784
5511111
6004480
Oct 21, 2022
4294002
Series C
9461183
1847797
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Cello's founders and board of directors

Founder? Claim Profile
The founders of Cello is Ghisulal Dhanraj Rathod. Karuna shanker Shukla is the CEO of Cello.
Here are the details of Cello's key team members:

Cello's Board of Directors

Cello's board has 8 active members. Pradeep Ghisulal Rathod, Gaurav Pradeep Rathod and Pankaj Ghisulal Rathod are part of team and Sunipa Ghosh, Pushapraj Singhvi, Manali Nitin Kshirsagar, Piyush Sohanrajji Chhajed and Arun Kumar Agan Singhal are independent board members.
Here is the list of Cello's board of directors:
Name
Type
Representing
Status
Duration
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Team
-
Current
9y 6m
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Team
-
Current
8y 3m
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Team
-
Current
4y 7m
Independent board member
-
Current
3y 0m
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Independent board member
-
Current
1y 9m
ljscbxi
Independent board member
-
Current
4y 7m
huugbon
Independent board member
-
Current
9y 8m
zdejcbq
Independent board member
-
Current
9y 4m
hvyyehe
Independent board member
-
Past
9y 9m

Cello's employee count trend

Cello has 824 employees as of Jun 26. Here is Cello's employee count trend over the years:
Employee count trend for Cello
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Cello's Competitors and alternates

Top competitors of Cello include P-TAL, Borosil and Merlin Brands. Here is the list of Top 10 competitors of Cello, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for P-TAL
P-TAL
2017, Panchkula (India), Seed
Manufacturer of handcrafted metal kitchenware and cookware
$3.64M
66/100
2nd
Logo for Borosil
Borosil
1962, Mumbai (India), Public
Manufacturer of heat proof glassware, solar glass, and specialty glass products
-
-
59/100
3rd
Logo for Cello
Cello
1958, Mumbai (India), Public
Brand of kitchen appliances and thermoware products
$57.3M
57/100
4th
Logo for Merlin Brands
Merlin Brands
2020, Delhi (India), Series A
Brand of diversified consumer products
$3.2M
53/100
5th
Logo for Hamilton Housewares
Hamilton Housewares
1972, Mumbai (India), Early Stage
Kitchen utility ware brand
$1.48M
50/100
6th
Logo for SOLARA
SOLARA
2021, Hyderabad (India), Seed
Online platform offering kitchen supplies
$643K
50/100
7th
Logo for All Time Plastics
All Time Plastics
1964, Mumbai (India), Public
Online store for plastic items
-
-
49/100
8th
Logo for Milton
Milton
1972, Mumbai (India), Unfunded
Manufacturer of homeware and kitchenware products
-
-
47/100
9th
Logo for Palette Brands
Palette Brands
2014, Bengaluru (India), Seed
Brand of non stick cookware, apple accessories, and other products
$4.5M
46/100
10th
Logo for TREO
TREO
2005, Mumbai (India), Unfunded
Provider of college sports bowl game rankings and information
-
-
43/100
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Cello's Latest cap tables and shareholding

Founders (largest shareholder) own 68.43%, Funds own 9.96% and Other People own 21.61%. The net worth of Cello's founders is INR 3,260Cr as of Oct 21, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
68.43%
3,260Cr
5295767
5034727
5827082
5258305
Fund
9.96%
475Cr
5690286
2851402
9146612
9130207
32934
41290
19048
55498
17260
36998
Other People
21.61%
1,030Cr
8668653
1663117
3613980
9777362
Total
100.00%
4,770Cr
6128817
8992620
5570527
7978876
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Cello's Shareholding

Cello's Investments and acquisitions

Cello has made 7 investments in companies including Orient Technologies and On My Own Technology. Cello has also acquired 1 companies including Pentech.
Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 10, 2024
Investments
1997
Mumbai (India)
Sep 27, 2023
Investments
2016
Mumbai (India)
Feb 02, 2023
Investments
2018
Pune (India)
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See all investments by Cello

Reports related to Cello

Here is the latest report on Cello's geography:

News related to Cello

lockFilter this list
Media has covered Cello for 1 event in last 1 year.
Cello World’s Merger with Wim PlastGlobal Legal ChronicleNov 18, 2024Wim Plast, Cello
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FAQs about Cello

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