City
Epaper

Homegrown Ambrane expands global footprint, aims Rs 100 cr revenue

By IANS | Updated: January 8, 2024 13:05 IST

New Delhi, Jan 8 Homegrown consumer electronics and smart wearable brand Ambrane on Monday announced its expansion into ...

Open in App

New Delhi, Jan 8 Homegrown consumer electronics and smart wearable brand Ambrane on Monday announced its expansion into the global market and aims for Rs 100 crore revenue this fiscal year.

The brand unveils an array of products, including power banks, chargers, cables, and smart gadgets like smartwatches, poised to introduce the renowned quality and innovation associated with Ambrane to an international audience, the company said.

"As we step into international territories, we aim to showcase the excellence of the skilled Indian workforce globally. Being a single retail store seller and selling our product globally signifies a remarkable journey for our brand. And we are very optimistic about Ambrane’s success in the global market," Ashok Rajpal, the Managing Director of Ambrane, said in a statement.

The company also targets to achieve an overall revenue of 500 crore by FY25-26.

The diverse portfolio of products will be readily accessible on Amazon across Germany, France, Belgium, Italy, Japan, Netherlands, Poland, Spain, and the United Kingdom.

Additionally, strategic partnerships with global giants such as eBay, Walmart, Noon, Qo10, Shopee, Coupang, and BliBli ensure the availability of Ambrane's offerings in the US, UAE, Singapore, Malaysia, Korea, and Indonesia, the company stated.

Ambrane has sold over 40 million product sales within the Indian market, holding the top position in Power Banks and ranking among the leading wearable brands.

Along with the leading e-commerce players in India, Ambrane, with its robust channel network of 10,000+ dealers, has a strong footprint across India.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalMinimum temperature rises above zero in J&K’s Srinagar; cold wave grips Gulmarg, Pahalgam

InternationalSleazebags: Trump slams Democrats over Epstein files in Christmas post, says dropped ties with sex offender 'long before it became fashionable'

EntertainmentNoah Schnapp on ‘Stranger Things’ ending: It’s about friendship, not superpowers

TechnologyFPI inflows bounce back, long-term outlook for Indian markets robust

Other SportsCummins to 'cool heels' after Ashes as T20 World Cup looms

International Realted Stories

InternationalIndian Student Shivank Avasthi Shot Dead in Toronto; Suspect on Run

InternationalNorth Korea's Kim calls for expanding missile, shell production capacity

InternationalBangladesh: National Citizen Party moves towards electoral alliance with Jamaat-e-Islami ahead of national polls

InternationalIndian student killed in shooting near Toronto University; accused on the run

InternationalPakistan: Khyber Pakhtunkhwa hospitals overwhelmed as seasonal influenza cases surge