NG Earsafe has successfully raised Rs 1.06 crore in its seed round led by Inflection Point Ventures. The funding is expected to be utilized to enhance brand and category awareness while expanding the brand's reach, and drive new product development. With this strategic move and the use of resources, it aims to strengthen NG EarSafe's market presence so as to bring forth innovative offerings so as to cater to growing customer demand.
NG EarSafe is an ENT-certified premium open-ear headphone brand, spearheaded by Co-founders Meet Shah and Raj Shah. It is known in the market for offering safe listening solutions through Air Conduction and Bone Conduction Technology.
This innovative technology transmits sound via vibrations, wherein, it bypasses the eardrum and ensures a safer listening experience. Furthermore, NG EarSafe is committed to expanding its reach, developing innovative new products, and increasing category awareness. This is plans is focused towards delivering user comfort and ear health.
The brand claims to have sold over 43,000 headphones till date due to a strong D2C presence across leading marketplaces such as Amazon and Flipkart.
Adding to this, it is available also in over 100 retail stores across India. This includes major chains like Sangeetha and Phonewale which operate at an annual revenue run rate (ARR) of INR 10 crore. Also to note, the startup was a finalist at the Retail Startup Awards in 2022 and has also won 1st prize at Aakar, IIT Bombay in 2019.
