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Home > Startups > Funding > NG Earsafe raises ₹1.06 crore in seed funding round led by Inflection Point Ventures

NG Earsafe raises ₹1.06 crore in seed funding round led by Inflection Point Ventures

NG EarSafe is an ENT-certified premium open-ear headphone brand offering safe listening solutions through air conduction and bone conduction technology.

Abhinav Kumar Singh
Last updated: October 24, 2024 5:07 PM
By Abhinav Kumar Singh
NG Earsafe raises ₹1.06 crore in seed funding round led by Inflection Point Ventures
NG Earsafe raises ₹1.06 crore in seed funding round led by Inflection Point Ventures
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NG Earsafe has raised ₹1.06 crore in its seed funding round led by Inflection Point Ventures. The funds will be allocated 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.

Meet Shah, Co-Founder & CEO of NG Earsafe, said, “WHO predicts that 1 in 4 people will face hearing problems by 2050. Our goal at NG EarSafe is to encourage a shift towards safer forms of listening, helping to reduce the forecasted hearing damage.”

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Mitesh Shah, Co-Founder of Inflection Point Ventures, said, “From young children to senior citizens, everyone owns a pair or two of earphones or headphones. This has led to a sharp rise in hearing loss and ear infections. NG Earsafe’s ENT-certified open-ear headphones not only prioritize ear health by eliminating ear pain and damage but also offer premium audio quality at a fair market price. What initially caught our attention was the unique certification, but it was the exceptional audio performance that ultimately convinced us to invest in the brand.”

Co-founded by Meet Shah (CEO) and Raj Shah (COO), NG EarSafe is an ENT-certified premium open-ear headphone brand offering safe listening solutions through Air Conduction and Bone Conduction Technology. This 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.

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

NG EarSafe has achieved notable milestones, including being incubated at ISB I-Ventures in 2024 and recognized as a Gokwik Dynamic Disruptor brand the same year. The startup was a finalist at the Retail Startup Awards in 2022 and won 1st prize at Aakar, IIT Bombay in 2019.

The global headphones market is valued at $71 billion, growing at a CAGR of 12%, with India contributing a ₹7,000 crore market. The open-ear headphone segment is projected to reach a market size of ₹2,500 crore in the next three years, highlighting significant growth potential in this niche.

TAGGED:Inflection Point VenturesNG Earsafe

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