Sleek - About the company
Sleek is an acquired company based in Mumbai (India), founded in 1993 by Rajesh Ahuja. It operates as a Modular Kitchen Designs. , with last known valuation of $*****. The company has 68 active competitors, including 14 funded and 5 that have exited. Its top competitors include companies like Livspace, Design Cafe and HomeLane.
Company Details
Sleek is a manufacturer & designer of modular Indian and imported kitchen decor, kitchen accessories in Mumbai and other parts of India. It offers Modular kitchen components, Modular kitchen projects, Modular kitchen exports, Customized Modular kitchen, Customized Office Furniture etc.
- Website
- sleekworld.com
- Email ID
- *****@sleekworld.com
- Phone Number
- +91 **********
- Registered Address
- 301/302, G Wing, 3rd Floor, Lotus Corporate Park Graham Firth Compound, W E Highway, Gore, gaon(East), Bandra Suburban, Mumbai, Maharashtra, India, 400063
Key Metrics
Founded Year
1993
Location
Mumbai, India
Stage
Acquired
Last Known Valuation
$***** as on Dec 11, 2017
Ranked
28th among 68 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
1,023 as on Sep 30, 2026
Exit Details
Acquired by Asian Paints (Dec 11, 2017)
Legal entities associated with Sleek
Sleek is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SLEEK INTERNATIONAL PRIVATE LIMITED CIN: U31300MH1993PTC070859 , India, Amalgamated | Feb 18, 1993 | ₹100 - ₹500 Cr (As on Mar 31, 2024) | 872 (As on Dec 31, 2024) |
Sleek's acquisition details
Sleek got acquired by Asian Paints on Dec 11, 2017 at an acquisition amount of $*****.
Click here to take a look at Sleek's acquisition in detail
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Sleek's funding and investors
Sleek has not raised any funding rounds yet.
Sleek's founders and board of directors
Founder? Claim ProfileThe founders of Sleek is Rajesh Ahuja.
Here are the details of Sleek's key team members:
- Rajesh Ahuja: Founder & Managing Director of Sleek. Contact Info: 1 phone number
View details of Sleek's Founder profiles and Board Members
Sleek's employee count trend
Sleek has 1,023 employees as of Sep 26. Here is Sleek's employee count trend over the years:
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Sleek's Competitors and alternates
Top competitors of Sleek include Livspace, Design Cafe and HomeLane. Here is the list of Top 10 competitors of Sleek, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Chains providing residential interior design and modular home furnishing solutions | $512M | 75/100 | ||
2nd | Design Cafe 2015, Chennai (India), Acquired | Platform delivering personalized, end-to-end interior solutions | $79.1M | 66/100 | |
3rd | Provider of end-to-end interior design and home decor solutions | $202M | 63/100 | ||
4th | Bonito Designs 2012, Bengaluru (India), Series A | Developer of an online platform for interior and designing services | $32.8M | 61/100 | |
5th | Spacejoy 1999, Denver (United States), Early Stage | Provider of 3D interior design services | $5M | 49/100 | |
6th | WallMantra 2017, Delhi (India), Acquired | Masters of Space Transformation | $367K | 47/100 | |
7th | Provider of interior design and home decor services for residences | $8.27M | 45/100 | ||
8th | Online interior designer | $5M | - | 42/100 | |
9th | Platform offering interior design and home renovation services with a focus on automation and on-time delivery | - | - | 42/100 | |
10th | Online content driven product and professional discovery platform | $770K | - | 42/100 | |
28th | Modular Kitchen Designs | - | - | 31/100 |
Looking for more details on Sleek's competitors? Click here to see the top ones
Financials of Sleek
SLEEK INTERNATIONAL PRIVATE LIMITED, the legal entity associated with Sleek, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of SLEEK INTERNATIONAL PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -6% in the last 1 year.
Financial Statement Summary
Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 7065 | 4143 | 1799 | 8167 | 6666 |
Total Sales | 8296 | 7790 | 9724 | 4956 | 4064 |
Total Expenses | 5735 | 6077 | 2256 | 5567 | 9570 |
Operating Expenses | 8550 | 5153 | 8390 | 5361 | 9410 |
Employee Expenses | 4418 | 6938 | 3288 | 5388 | 3705 |
Marketing Expenses | 6687 | 6967 | 5764 | 5955 | 2902 |
Operating Income (EBIT) | 5394 | 1964 | 6730 | 3712 | 6428 |
Interest Expenses | 1339 | 7622 | 5643 | 2058 | 2375 |
Expenses from other activities | 6574 | 7680 | 3148 | 5744 | 7063 |
Information Technology Expenses | 7374 | 2507 | 5155 | 9518 | 5626 |
EBITDA | 2293 | 1323 | 4713 | 4120 | 1522 |
Taxes | 9234 | 1948 | 8665 | 7121 | 2388 |
Net Profit | 6597 | 5832 | 8648 | 7775 | 1921 |
Balance Sheet | |||||
Assets | 2413 | 4034 | 1322 | 1441 | 9911 |
Cash Equivalent | 8046 | 5135 | 7916 | 5238 | 4101 |
Accounts Receivables | 5581 | 5611 | 4513 | 4139 | 2031 |
Inventory | 2173 | 8873 | 4748 | 2763 | 7424 |
Liabilities | 1266 | 8894 | 1248 | 2590 | 2518 |
Total Debt | 8555 | 2543 | 7917 | 5309 | 2671 |
Accounts Payable | 3243 | 6919 | 8608 | 1678 | 3554 |
Equities | 9110 | 4897 | 5318 | 4941 | 6658 |
Cashflow Statement | |||||
Cash from Operating activities | 4424 | 1323 | 6480 | 4950 | 4082 |
Cash from Investing activities | 3904 | 7329 | 4028 | 9813 | 5896 |
Net cash from Financing activities | 3664 | 9096 | 3744 | 6059 | 1314 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Sleek's Investments and acquisitions
Sleek has made no investments or acquisitions yet.
Reports related to Sleek
Here is the latest report on Sleek's sector:
News related to Sleek
•
•
Golden Spiral Productionz partners with Sleek Kitchen to provide premium design solutionsAsian News International•Feb 01, 2022•Golden Spiral Productionz, Sleek
•
EDBI joins extended Series A round of corporate services startup SleekThe Business Times•Dec 17, 2021•EDBI, Sleek, White Star Capital, Jungle Ventures
•
FinTech Sleek Lands $4M For Corporate Services PlatformPYMNTS.com•Nov 23, 2020•Sleek, Seeds Capital, Mi8
•
Board of Berger Paints India approves acquisition of 95.53% stake in STPBusiness Standard•Oct 15, 2019•Berger Paints, STP, Khaitan, STPL and 4 others
•
Asian Paints acquires remaining 49% stake in Sleek InternationalMint•Dec 11, 2017•Sleek, Asian Paints
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