Latest news with #RaviAgarwal
Mint
14 hours ago
- Business
- Mint
Small-cap SME stock jumps 3% after partnership with Zomato. Do you own?
Cellecor Gadgets share price rose by 3.4% during Friday's trading session following the firm's announcement of its partnership with Zomato. The company noted in an exchange filing that this collaboration is being managed comprehensively by Orbis Nova, the official third-party operations partner for Zomato's delivery partner app. From bringing brands on board to overseeing procurement, logistics, and partner accessibility, Orbis Nova is efficiently leading the initiative to guarantee effective last-mile distribution, said the company in an exchange, As it embarks on its extensive rollout, Cellecor will supply 10,000 units of its top-tier smart devices, which include compact home appliances, to delivery partners who have been integrated into Zomato through the in-app store. Renowned for their long-lasting battery life, intelligent features, and sturdy construction, these products aim to meet the demands of an always-active, industrious gig workforce. 'We're excited to be part of this meaningful initiative. Delivery partners are the backbone of India's digital economy, and we are proud to contribute to their empowerment with reliable, Made-in-India technology,' said Mr. Ravi Agarwal, Co-Founder and MD of Cellecor Gadgets Limited.
Time of India
10-06-2025
- Business
- Time of India
Cellecor Gadgets to enter small‑appliance segment, targets Rs 100 cr annual revenue
New Delhi: NSE‑listed Cellecor Gadgets plans to launch a range of small kitchen and home appliances in July, aiming to boost annual revenue by around Rs 100 crore, the company said in a press release on Tuesday. 'We have built a solid foundation by delivering quality, affordability, and trust. Now, with scale, visibility, and sharper execution, we are confident not only in growing bigger but also in becoming a more beloved brand across India,' said Ravi Agarwal, MD, Cellecor Gadgets. According to the company, the new portfolio will include microwaves, air fryers , induction cooktops, rice cookers, mixers, blenders, juicers and irons. The new product range will be available across Cellecor's robust offline retail network, including exclusive brand stores and partner outlets, as well as on leading online marketplaces.
Time of India
21-04-2025
- Business
- Time of India
Cellecor Gadgets eyes Rs 1,500 cr revenue in FY26
New Delhi: Cellecor Gadgets Limited, an NSE-listed consumer electronics and durables company, is targeting Rs 500 crore in incremental sales for FY26, aiming to cross Rs 1,500 crore in revenue and Rs 50 crore in net profit. It has reported a 105% surge in year-on-year(YoY) revenue to Rs 1,025.95 crore, up from Rs 500.45 crore in FY24. The company's net profit for the fiscal year grew 92% to Rs 30.90 crore, supported by strong expansion across product categories, geographies, and retail formats. The company has earmarked Rs 100 crore for capacity expansion, product development, and market outreach in the coming fiscal. 'We have built a solid foundation by delivering quality, affordability, and trust. Now, with scale, visibility, and sharper execution, we are confident not only in growing bigger but also in becoming a more beloved brand across India,' said Ravi Agarwal, Managing Director, Cellecor Gadgets Limited. Cellecor's product portfolio has over 600 SKUs, including air conditioners, coolers, geysers, refrigerators, heaters, smartphones, and laptops. In FY25, the company accelerated its 'Make in India' strategy with major investments in local manufacturing, R&D, OEM partnerships, and new warehousing infrastructure. The brand is also entering new product segments such as microwaves, air fryers, and small appliances, while strengthening its B2B and institutional verticals. Currently, it has an extensive offline network of over 65,000 retailers and more than 1,800 distributors, combined with a growing e-commerce and D2C presence. Cellecor also opened seven exclusive brand outlets and partnered with large-format retail chains to boost in-store visibility.
