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Sangeetha Mobiles - About the company

Sangeetha Mobiles is an unfunded company based in Bengaluru (India), founded in 1974 by Lakkupenchala Narayana Reddy, Subhash Chandra L and Anirban Chakraborti. It operates as an Online platform offering mobile devices, electronics, and accessories for purchase and exchange. Sangeetha Mobiles has not raised any funding yet. The company has 68 active competitors, including 1 funded and 6 that have exited. Its top competitors include companies like Reliance Digital, Croma and Vijay Sales.

Company Details

Sangeetha Mobiles – 51 Years of Retail Leadership. Founded in 1974 as a small music and appliance store in Bengaluru, Sangeetha has grown into one of South India’s leading multi-brand gadget and mobile retailers. For five decades, we’ve set benchmarks in customer service, innovation, and trust—adapting from vinyl records to the latest smartphones while keeping people at the heart of everything we do. With 800+ stores and a strong omni-channel presence, we combine the reach of physical retail with the speed of hyperlocal delivery, ensuring customers experience technology the way they want it—fast, reliable, and worry-free. Our signature initiatives like mobile insurance, price protection, and transparent warranties continue to raise standards across the industry. Our greatest strength is our people. From store teams to corporate operations, every Sangeetha employee shares a passion for service and a commitment to excellence that has powered us through 51 years of change. As we step into the next chapter, we remain focused on evolving retail—bringing cutting-edge gadgets, seamless experiences, and trusted relationships to millions of customers across India.
Social
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Email ID
*****@sangeetha.com, *****@sangeetha.com
Phone Number
+91 **********
Registered Address
# 50, 46TH Cross, 8th Block, Jayanagar, Bengaluru, Karnataka, Jayanagar West, Bangalore, Bangalore South, Karnataka, India, 560070
Key Metrics
Founded Year
1974
Location
Bengaluru, India
Stage
Unfunded
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
52 as on Jun 30, 2025
Investment & Acquisitions
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Sangeetha Mobiles's funding and investors

Sangeetha Mobiles has not raised any funding rounds yet.

Sangeetha Mobiles' founders and board of directors

Founder? Claim Profile
The founders of Sangeetha Mobiles are Lakkupenchala Narayana Reddy, Subhash Chandra L and Anirban Chakraborti. Sudhir Tc is the CEO of Sangeetha Mobiles.
Here are the details of Sangeetha Mobiles' key team members:

Sangeetha Mobiles' Board of Directors

Sangeetha Mobiles's board has 4 active members. Lakkupenchala Narayana Reddy and Lakku Subhash Chandra are part of team and Lakku Chandradhar and Lakku Bharathi are independent board members.
Here is the list of Sangeetha Mobiles' board of directors:
Name
Type
Representing
Status
Duration
oohftqt
Team
-
Past
3y 5m
abhyaig
Team
-
Past
4y 5m
Independent board member
-
Current
1y 7m
yfugre{
Independent board member
-
Current
5y 8m

Sangeetha Mobiles' employee count trend

Sangeetha Mobiles has 52 employees as of Jun 25. The total employee count is 47.0% lower than what it was in Jun 24. Here is Sangeetha Mobiles's employee count trend over the years:
Employee count trend for Sangeetha Mobiles
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Sangeetha Mobiles's Competitors and alternates

Top competitors of Sangeetha Mobiles include Reliance Digital, Croma and Vijay Sales. Here is the list of Top 10 competitors of Sangeetha Mobiles, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Reliance Digital
Reliance Digital
2007, Mumbai (India), Unfunded
Retailer of consumer electronic products
-
-
65/100
2nd
Logo for Croma
Croma
2006, Mumbai (India), Unfunded
Retail chain of consumer electronics and durable goods
-
-
57/100
3rd
Logo for Vijay Sales
Vijay Sales
1967, Mumbai (India), Unfunded
Retailer of mobiles, laptops, TVs, kitchen and home appliances
-
-
55/100
4th
Logo for Unicorn
Unicorn
2002, Mumbai (India), Funding Raised
Retail chain of electronic products
-
53/100
5th
Logo for Aptronix
Aptronix
2011, Hyderabad (India), Unfunded
Retail store of electronic gadgets
-
-
50/100
6th
Logo for Kore Mobiles
Kore Mobiles
2012, Ahmedabad (India), Public
Chains providing retail electronics smartphones and various household technology appliances
-
-
50/100
7th
Logo for Great Eastern Retail
Great Eastern Retail
1976, Kolkata (India), Unfunded
Online electronics store in India offering a wide range of electronic items including ACs, televisions, refrigerators, smartphones, and laptops.
-
-
49/100
8th
Logo for Lotus Electronics
Lotus Electronics
2000, Indore (India), Unfunded
Online retailer offering a wide range of electronic products
-
-
48/100
9th
Logo for Sangeetha Mobiles
Sangeetha Mobiles
1974, Bengaluru (India), Unfunded
Online platform offering mobile devices, electronics, and accessories for purchase and exchange
-
-
47/100
10th
Logo for myG
myG
2015, Kozhikode (India), Unfunded
Mobile dealer offering sales and service for various electronic gadgets
-
-
45/100
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Financials of Sangeetha MobilesFY 25 Available

SANGEETHA MOBILES PRIVATE LIMITED, the legal entity associated with Sangeetha Mobiles, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of SANGEETHA MOBILES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 7% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
2710
6708
2781
3787
8468
Total Sales
1960
8763
7078
3471
7324
Total Expenses
6058
8509
7388
2724
9424
Operating Expenses
3962
3925
6224
3406
7803
Employee Expenses
4531
8583
6191
7471
8199
Marketing Expenses
9229
2589
7472
4627
2307
Operating Income (EBIT)
5718
9175
3246
7372
2381
Interest Expenses
1555
4740
4823
8697
2092
Expenses from other activities
2544
9311
7483
4194
6411
EBITDA
2508
7841
1562
6498
4139
Taxes
9511
6476
7839
4375
6350
Net Profit
7042
2084
4434
1280
5084
Balance Sheet
Assets
7908
1985
4792
6356
4742
Cash Equivalent
1016
8177
5901
6761
1198
Accounts Receivables
7926
3529
7216
1445
1261
Inventory
1852
7385
5781
4793
1160
Liabilities
5017
9326
8373
8428
9956
Total Debt
1237
5052
2246
5398
6927
Accounts Payable
4590
2936
3796
3935
2335
Equities
9352
4079
7853
4144
8329
Cashflow Statement
Cash from Operating activities
7007
7659
8791
2539
5790
Cash from Investing activities
7953
2961
3069
3499
3122
Net cash from Financing activities
7321
4309
3568
4482
8525

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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Sangeetha Mobiles's Latest cap tables and shareholding

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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Sangeetha Mobiles's Investments and acquisitions

Sangeetha Mobiles has a total of 1 investment in Zepto. Sangeetha Mobiles has not made any acquisitions as of now.

Reports related to Sangeetha Mobiles

Here is the latest report on Sangeetha Mobiles's sector:

News related to Sangeetha Mobiles

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•
•
Sangeetha Celebrates 50 with the Launch of New Corporate Office and Corporate StoreAsian News International•Jan 08, 2025•Sangeetha Mobiles
•
Sangeetha Mobiles plans to raise ₹500 crore from private equityBusiness Line•Aug 19, 2019•Sangeetha Mobiles
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