Arista Vault - Comprehensive Company Report
Company Overview
- Name: Arista Vault
- Mission: To enhance life by making it smart, secure, and hassle-free through innovative smart products with cutting-edge technology, ensuring convenience, safety, and security in everyday experiences and travel.
- Founded: 2018
- Founders: Col. Krishan Kumar Singh, Atul Gupta (Co-Founder & CFO), Purvi Roy (Founder & CEO)
- Key People:
- Atul Gupta (Co-Founder & CFO)
- Purvi Roy (Founder & CEO)
- Akhilesh Yadav (CTO)
- Headquarters: Gurgaon, India
- Number of Employees: No information is available.
- Revenue: Expected to reach Rs 100 crore by FY '26.
- Identity & Recognition: Known as India's first smart luggage brand, recognized for its innovation in travel convenience with products like smart wallets, bags, and luggage.
- Notable Achievements:
- Introduced the world's first smart wallet with anti-lost/theft technology in 2018.
- Made an impression in Shark Tank India, securing funding for innovative products.
- Received several accolades and recognition from platforms like Your Story and other government initiatives.
Products
Smart Wallets
- Wallet-Bot Classic | Smart Wallet:
- Description: Built with an inbuilt power bank for charging devices.
- Key Features: Anti-theft technology, smart tracking.
- Wallet-Bot Finder | Tracker Wallet:
- Description: Tracker wallet with anti-theft features.
- Key Features: Smart location tracking, prompt for lost/wallet location.
Smart Bags
- Croc-Textured Fingerlock Smart Laptop Bag:
- Description: A secure laptop bag with a unique texture.
- Key Features: Fingerprint lock for security, stylish design.
Smart Luggage
- Follow Me Smart Luggage:
- Description: Self-driving suitcase designed for smart journeys.
- Key Features: Auto-follow technology, power charging port, ride-on feature for portability.
- JARVIZ Smart Luggage:
- Description: An advanced version of smart luggage with enhanced capabilities.
- Key Features: Safety, security, effortless maneuvering in daily travel.
Smart Accessories
- Smart Passport Holder:
- Description: Aesthetic and practical passport holder.
- Key Features: Available in multiple colors, offers enhanced organizational ability.
Recent Developments
- New Products Launched:
- Gen-JARVIZ: Introduced as an innovative smart luggage solution with a focus on safety, security, and ease.
- Follow Me AI Luggage: Features include a 10km follow range and 5km ride-on capability.
- New Features Added:
- Incorporation of biometric locks in luggage bags for enhanced security.
- Partnerships and Collaborations:
- Collaborated with MeitY Startup Hub and National Research Development Corporation for advanced technological development and innovation.
- Incubation partnership with IIITD's Innovation Center to further innovation.
- Brand Endorsements:
- Indian cricketer Ishant Sharma became the brand ambassador for Arista Vault, enhancing its brand value and market presence.
- Investment and Funding:
- Secured a significant investment from Shark Tank India, supported by investors for growth and international expansion.
- Awards & Recognition:
- Recognized by "Your Story" as India's first luggage brand, participated in global forums like GITEX and Indian Global Forum in Dubai.
- Received the prestigious Meity Award and other accolades.
- Global Expansion:
- Entered into markets in the USA, UAE, and Africa, signaling its strategy for global market penetration.
This structured and detailed document encapsulates Arista Vault's progression, their innovative product lines, recognition in the market, and strategic expansions globally. The report stresses Arista Vault’s mission-driven approach, visionary leadership, and continuous efforts in making travel not just convenient but extraordinary.