NG Earsafe, an ENT-certified premium open-ear headphone brand, has raised Rs 1.06 crore in a Seed funding round led by Inflection Point Ventures.
The funds will be used to enhance brand awareness, expand the brand's reach, and drive new product development.
NG Earsafe offers safe listening solutions through Air Conduction and Bone Conduction Technology, transmitting sound via vibrations and bypassing the eardrum for a safer listening experience.
The global headphones market is valued at $71 billion, with India contributing a Rs 7,000 crore market. The open-ear headphone segment is projected to reach a market size of Rs 2,500 crore, indicating significant growth potential.