Saffronart - About the company
Saffronart is a funded company based in Mumbai (India), founded in 2000 by Minal Vazirani, Dinesh Vazirani and Minal Vazirani. It operates as an Indian Fine Art online auction house. The company has 56 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like LiveAuctioneers, AstaGuru and Zemaia.
Company Details
Saffronart is an online auction platform for modern and contemporary Indian art and private sales of art, jewellery, collectibles and real estate. Started business of exporting art pieces in 2012. Team in India and USA. Claims to have set the global record for highest value for a single piece of artwork auctioned on the Web — a $2.2 million canvas in 2010, and one of the highest auction bids placed via a mobile app ($1 million in 2011), along with a $235K purchase via the company’s mobile app in 2010. Has an iPad app for online auctions.
- Website
- www.saffronart.com/
- Email ID
- *****@saffronart.com
- Phone Number
- +91 **********
- Registered Address
- Gala No.1A,Ground Floor, Industry Manor, Appasaheb Marathe Marg, NR Century Bhavan, Prabhad, evi, Mumbai City, Mumbai, Maharashtra, India, 400025
Key Metrics
Founded Year
2000
Location
Mumbai, India
Stage
Funding Raised
Investors
Ranked
3rd among 56 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
64 as on Aug 31, 2025
Similar Companies
Legal entities associated with Saffronart
Saffronart is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SAFFRON ART PRIVATE LIMITED CIN: U22219MH1999PTC123237 , India, Active | Dec 22, 1999 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 64 (As on Aug 01, 2025) | |
MUMBAI ART FAIR PRIVATE LIMITED CIN: U90002MH2023PTC403164 , India, Active | May 17, 2023 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - |
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Saffronart's funding and investors
Saffronart is a funded company. Saffronart has 3 institutional investors.
View details of Saffronart's funding rounds and investors
Saffronart's founders and board of directors
Founder? Claim ProfileThe founders of Saffronart are Minal Vazirani, Dinesh Vazirani and Minal Vazirani. Dinesh Vazirani is the CEO of Saffronart.
Here are the details of Saffronart's key team members:
- Minal Vazirani: Co-Founder of Saffronart. Contact Info: 1 email address and 1 phone number
- Dinesh Vazirani: Co-Founder & CEO of Saffronart. Contact Info: 1 email address
- Minal Vazirani: Co-Founder of Saffronart.
View details of Saffronart's Founder profiles and Board Members
Saffronart's employee count trend
Saffronart has 64 employees as of Aug 25. The total employee count is 3.0% more than what it was in Aug 24. Here is Saffronart's employee count trend over the years:
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Saffronart's Competitors and alternates
Top competitors of Saffronart include LiveAuctioneers, AstaGuru and Zemaia. Here is the list of Top 10 competitors of Saffronart, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LiveAuctioneers 2002, New York City (United States), Acquired | Live Auctions platform | $47.6M | 55/100 | |
2nd | Marketplace offering multi-category art products | - | 40/100 | ||
3rd | Saffronart 2000, Mumbai (India), Funding Raised | Indian Fine Art online auction house | - | 37/100 | |
4th | Zemaia 2016, San Francisco (United States), Unfunded | Online platform offering multi-category artworks | - | - | 30/100 |
5th | Online platform for Indian artists. | - | - | 30/100 | |
6th | WorldArtCommunity 2014, Delhi (India), Seed | Online platform offering a global community for art enthusiasts | $531K | - | 29/100 |
7th | Curator Of Art 2015, Delhi (India), Deadpooled | Online marketplace for artworks | - | - | 28/100 |
8th | Online retail portal serving as a marketplace for purchasing fine art and crafts | - | 27/100 | ||
9th | Dessine Art 2020, Delhi (India), Unfunded | Online platform offering a curated collection of licensed artwork | - | - | 27/100 |
10th | Online store selling artifacts and relics of India | - | - | 27/100 |
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Saffronart's Investments and acquisitions
Saffronart has made no investments or acquisitions yet.
Reports related to Saffronart
Here is the latest report on Saffronart's sector:
News related to Saffronart
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Nish Bhutani appointed as global product head, VuclipIndiatimes•Sep 07, 2016•Vuclip, Myntra, Saffronart
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