CREO Tech - About the company
CREO Tech is an acqui-hired company based in Bengaluru (India), founded in 2013 by Sai Srinivas Kiran Garimella and Shubham Malhotra. It operates as a Developing a proprietary OS and a smartphone. CREO Tech has raised $5.04M in funding from Peak XV Partners, with last known valuation of ₹*****. The company has 66 active competitors, including 6 funded and 7 that have exited. Its top competitors include companies like Apple, Samsung and Xiaomi.
Company Details
CREO (earlier Mango Man Electronics, developer of HDMI media streaming technology product Teewe), is developing a proprietary software OS built on the Android platform and a smartphone. Raised $3M in a round led by Sequoia India, Beenext and India Quotient.
- Website
- creosense.com
- Social
- Email ID
- *****@creosense.com
- Phone Number
- +91 **********
- Registered Address
- Flat 701, Arun Apartments, Redhills, Lakdikapul, Hyderabad, Hyderabad, Telangana, India, 500004
Key Metrics
Founded Year
2013
Location
Bengaluru, India
Stage
Acqui-Hired
Total Funding
$5.04M in 3 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Jan 22, 2015
Investors
Ranked
22nd among 66 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2018
Employee Count
5 as on May 31, 2026
Legal entities associated with CREO Tech
CREO Tech is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MANGO MAN CONSUMER ELECTRONICS PRIVATE LIMITED CIN: U32106TG2013PTC089082 , India, Strike off | Jul 23, 2013 | 0 - ₹10 Cr (As on Mar 31, 2021) | - | |
MOTIVEPRIME CONSUMER ELECTRONICS PRIVATE LIMITED CIN: U32204DL2015FTC329520 , India, Amalgamated | Aug 04, 2015 | 0 - ₹10 Cr (As on Mar 31, 2018) | 4 (As on Mar 31, 2019) |
Sign up to download CREO Tech's company profile
CREO Tech's funding and investors
CREO Tech has raised a total funding of $5.04M over 3 rounds. Its first funding round was on Dec 27, 2013. Its latest funding round was a Series A round on Jan 21, 2016 for $*****. 4 investors participated in its latest round. CREO Tech has 4 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of CREO Tech:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 21, 2016 | 7498146 | Series A | 4469241 | 5661998 | 9707499 | 7760178 |
Jan 22, 2015 | 3690119 | Series A | 3719663 | 2810999 | 8622255 | |
Dec 27, 2013 | 6017764 | Seed | 1972101 | 8496551 |
Access funding benchmarks and valuations. Sign up today!View details of CREO Tech's funding rounds and investors
CREO Tech's founders and board of directors
Founder? Claim ProfileThe founders of CREO Tech are Sai Srinivas Kiran Garimella and Shubham Malhotra.
Here are the details of CREO Tech's key team members:
- Sai Srinivas Kiran Garimella: Co-Founder & CEO of CREO Tech and founder of 5 other companies, including Mayhem Studios, MPL and Teewe. They are also an angel investor in 8 startups and serve on the boards of 2 companies.Contact Info: 1 phone number
- Shubham Malhotra: Co-Founder of CREO Tech and founder of 4 other companies, including Mayhem Studios, MPL and Teewe. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: 1 phone number
View details of CREO Tech's Founder profiles and Board Members
CREO Tech's employee count trend
CREO Tech has 5 employees as of May 26. Here is CREO Tech's employee count trend over the years:
Uncover CREO Tech's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
CREO Tech's Competitors and alternates
Top competitors of CREO Tech include Apple, Samsung and Xiaomi. Here is the list of Top 10 competitors of CREO Tech, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Apple 1976, Cupertino (United States), Public | Technology company and product innovator developing consumer electronics | - | 83/100 | |
2nd |  Samsung 1938, Suwon-si (South Korea), Public | Manufacturer of multi category electronic products | - | 80/100 | |
3rd | Onlien brand offering consumer electronics, home appliances, and lifestyle products | $1.45B | 77/100 | ||
4th | Micromax Informatics 2000, Gurugram (India), Series C | Manufacturer of consumer electronics and home appliances | $88M | 68/100 | |
5th |  Nothing 2020, London (United Kingdom), Series C | Manufacturer of mobile phones, headphones, watches, and related accessories | $450M | 66/100 | |
6th | Online retailer of smartphones, eyewear, audio products, and related accessories | $958M | 66/100 | ||
7th | Internet first brand of mobile phones | - | - | 65/100 | |
8th | _1523854919893.png?devicePixelRatio=2&height=30&width=30){kind=logo} Lenovo 1984, Morrisville (United States), Acquired | Platform offering diversified servers | $200K | 64/100 | |
9th | Brand of mobile phones and accessories | - | - | 59/100 | |
10th |  Tecno Mobile 2017, Noida (India), Unfunded | Internet first brand of smart phones | - | - | 56/100 |
22nd | Developing a proprietary OS and a smartphone | $5.04M | 34/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on CREO Tech's competitors? Click here to see the top ones
CREO Tech's Latest cap tables and shareholding
Founders (largest shareholder) own 51.36%, Funds own 33.89% and Angels own 14.75%. The net worth of CREO Tech's founders is INR 23.7Cr as of Jan 22, 2015.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 51.36% | 23.7Cr | 5620940 | 1128084 | 3025538 | 2703756 |
7781257 | 2702865 | 9008100 | 1440088 | 4826855 | 7193951 | |
1625960 | 2951412 | 8690464 | 9522171 | 4124761 | 4010562 | |
Fund | 33.89% | 15.6Cr | 9514365 | 5912144 | 6669110 | 2810672 |
6062710 | 6828248 | 1872973 | 4865173 | 2662754 | 6833257 | |
485 | 174 | 696 | 585 | 639 | 452 | |
Angel | 14.75% | 6.79Cr | 8244967 | 4874880 | 8633928 | 2172748 |
3731223 | 4716318 | 4949971 | 9557143 | 6731733 | 2318831 | |
Total | 100.00% | 46.1Cr | 5454421 | 9070682 | 5654955 | 6691659 |
To unlock detailed Cap Table of CREO Tech Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of CREO Tech's Shareholding
CREO Tech's Investments and acquisitions
CREO Tech has made no investments or acquisitions yet.
Reports related to CREO Tech
Here is the latest report on CREO Tech's geography:
News related to CREO Tech
•
Indian messaging app Hike acquires hardware startup Creommotimes.com•Aug 10, 2017•CREO Tech, Hike, PTC, Creo
•
Angel investor Anand Chandrasekaran to focus on investee companiesLivemint•Jun 15, 2016•Snapdeal, Aisle, CREO Tech
•
Indian smartphone startup Creo releases more details about its new take on AndroidTechCrunch+•Mar 18, 2016•CREO Tech, Sequoia Capital, Beenext, India Quotient and 1 other
•
Indian Startup CREO Raises $3M To Build Its Own Android-based OS And Smartphones TechCrunch+•Jan 21, 2016•CREO Tech, Sequoia Capital, Beenext, India Quotient and 1 other
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about CREO Tech
Explore our recently published companies
- Shop Wafi - Jeddah based, 2015 founded, Deadpooled company
- Bixabotanical - Mumbai based, 2015 founded, Unfunded company
- Benhurconstruction - Unfunded company
- Saalfo Tech - Mysuru based, 2016 founded, Unfunded company
- Tolia - Thane based, 1979 founded, Unfunded company
- Uvtcpl - Mumbai based, 2023 founded, Unfunded company
