Razor Group
New-age global consumer holding
To build the next generation consumer goods conglomerate.
Employees
201-500
HQ Location
Kreuzberg, Berlin, Germany
OTTA INSIGHTS
236% employee growth in 12 months
Xav Kearney
CTO of Otta
Since the explosion of online shopping in the last decade, the range of businesses which consumers have access to has never been higher. Thousands of small businesses now operate online, and with platforms like Ebay and Amazon giving them the outreach they need to succeed, the online market for small businesses continues to grow.
It's this trend that Razor Group wants to capitalise on. Its business model is centred around the acquisition of Amazon-based small retailers, which, once acquired, become part of the 'Group'. Razor Group gets to select businesses which are already performing well, based on data provided by businesses keen to sell, and then pick out those which it wants to take over. This strategy minimises its risk, cutting out the need to get a business up and running in the first place and ensuring that it can jump in right at the profit-making stage. After buying these companies, Razor Group deploys new growth capital to lift them onto a new stage along its development curves. Essentially, it takes a winning formula and adds to it - something beneficial for them and consumers.
Now, having secured some serious funding from investors with extensive e-commerce expertise, Razor Group has a real shot at building one of the largest consumer goods holdings worldwide.
Last 2 fundraises
Jan 2023
$76.5m
SERIES C
Apr 2023
$11m
SERIES C
This company has top investors
Founders
Jonas Diezun
(Co-Founder)Also co-founded RADICE, a luxury sleep & loungewear brand.
Shrestha Chowdhury
(Co-Founder & CTO)Educated at Stanford University, they are also a Founding Partner at Alfa Digital.
Dr Oliver D
(Co-Founder & COO)Previously a Senior Consultant at McKinsey & Co.
Christoph Felix Gamon
(Co-Founder & CFO)Educated at the LSE, they were previously the investment banking Associate Director at UBS Investment Bank.
Tushar Ahluwalia
(Co-Founder & CEO)Experienced e-commerce entrepreneur (in Europe & Asia). Former Forbes 30 under 30.
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