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White Teak (Formerly Obgenix Software)

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Perfect place for style, aesthetics and décor for home

Bengaluru, IndiaFounded 2016Home Living
Valuation $50–100M Last recorded · 2025
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for White Teak (Formerly Obgenix Software) and the history behind them.

About White Teak (Formerly Obgenix Software)

The White Teak Company, founded in 2016 by Silicon Valley tech entrepreneurs Pawan Mehta and Gagan Mehta, is a luxury lighting and home decor store based in India. The company specializes in high-end lighting solutions that cater to the aesthetic and functional needs of modern homes. Operating in the premium segment of the home decor market, The White Teak Company offers a wide range of products including ceiling lights, wall lights, floor lamps, and table lamps, with a particular focus on customizable architectural lighting. The company serves a diverse clientele ranging from individual homeowners to interior designers and architects looking for unique and luxurious lighting options.

The business model of The White Teak Company revolves around direct-to-consumer sales through its online platform and physical stores across major cities in India. Revenue is generated through the sale of premium lighting products, which are often characterized by their unique designs, high-quality materials, and advanced features such as dimmable LEDs and remote control functionality. The company's acquisition by Asian Paints in April 2022 has further strengthened its market position and expanded its reach.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2016
Headquarters
Bengaluru, India
Employees
191
Open positions
1
Dealroom signal
58.1/100
Industry
Home Living
Sector
Home Living, Hard Tech
Business model
Manufacturing
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VC✓Equity / VC Jun 2025 $22M $55M Undisclosed ↗
ACQUISITION✓Exit Jun 2023 $6.6M $60M Asian Paints ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021 —
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Growth signals

White Teak (Formerly Obgenix Software) website traffic

Latest recorded traffic for White Teak (Formerly Obgenix Software) is 440K monthly website visits, up 46.7% over the last three months.

Latest monthly visits440K 3-month web change+46.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Asian Paints
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇮🇳 India92.9%
🇦🇪 United Arab Emirates5.5%
🇦🇺 Australia0.8%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about White Teak (Formerly Obgenix Software) on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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