Inflection Point Ventures led NG Earsafe’s seed round, which raised Rs 1.06 crore.
The money raised will be utilized to promote new product development, broaden the brand’s audience, and raise brand and category awareness.
By making strategic use of its resources, NG EarSafe hopes to improve its market position and launch new products to meet the increasing needs of its clientele.
Under the direction of co-founders Meet Shah and Raj Shah, NG EarSafe is a high-end, ENT-certified open-ear headphone brand that uses bone conduction and air conduction technology to provide safe listening options.
This innovative technology avoids the eardrum and provides a safer listening experience by sending sound through vibrations. With an emphasis on providing comfort and ear health to its users, NG EarSafe is dedicated to growing its market share, raising awareness of its category, and creating cutting-edge new products.
The company boasts a strong direct-to-consumer presence on major online marketplaces like Amazon and Flipkart, with over 43,000 headphones sold to date. It is also offered in more than 100 retail locations throughout India, including well-known chains like Sangeetha and Phonewale, with an annual revenue run rate (ARR) of Rs 10 crore.
The startup won first place at Aakar, IIT Bombay in 2019 and was a finalist at the Retail Startup Awards in 2022.
