NG Earsafe raises Seed funding led by IPV

NG Earsafe has raised Rs 1.06 crore in its seed round led by Inflection Point Ventures. 

The proceeds will be used to enhance brand and category awareness, expand the brand's reach, and drive new product development. 

This strategic use of resources aims to strengthen NG EarSafe's market presence and introduce innovative offerings to cater to growing customer demand.

Led by co-founders Meet Shah and Raj Shah, NG EarSafe is an ENT-certified premium open-ear headphone brand offering safe listening solutions through Air Conduction and Bone Conduction Technology. 

This unique technology transmits sound via vibrations, bypassing the eardrum and ensuring a safer listening experience. With a focus on delivering user comfort and ear health, NG EarSafe is committed to expanding its reach, increasing category awareness, and developing innovative new products.

The brand claims to have sold over 43,000 headphones sold and has a strong D2C presence across leading marketplaces like Amazon and Flipkart. Additionally, it is available in over 100 retail stores across India, including major chains like Sangeetha and Phonewale, operating at an annual revenue run rate (ARR) of Rs 10 crore.

The startup was a finalist at the Retail Startup Awards in 2022 and won 1st prize at Aakar, IIT Bombay in 2019.