Tube Investments of India

Tube Investments of India is a prominent manufacturer of fabricated metal products and operates as part of the Murugappa Group, a major Indian business conglomerate. The company is diversified into several key segments, including Mobility, Engineering, Metal Formed Products, and Power Systems. In the Mobility segment, it produces a range of bicycles and home fitness equipment. The Engineering segment focuses on manufacturing cold-rolled steel strips and precision steel tubes. The Metal Formed Products segment includes automotive and industrial chains, fine-blanked and stamped products, as well as roll-formed car door frames. Additionally, Tube Investments is involved in the electric vehicle and medical sectors, further broadening its industrial footprint. Through its varied offerings, the company plays a vital role in supporting different industries and markets.

Ramkumar L.

Founder

7 past transactions

Kcaltech System India

Acquisition in 2024
Kcaltech System India manufactures aluminum tubes and parts for the automotive sector. The company specializes in aluminum tubes and components for heating, ventilation, and air conditioning systems.

Lotus Surgicals

Acquisition in 2023
Lotus Surgicals / Sri Bala Traders is the synonym of hygienic quality in the industry of Surgical Dressing Products. They offer a wide range of products including Surgical Bandages, Cotton Grey Cloth etc. which are widely accepted by the doctors, surgeons and physicians. The company was established in 1995 and since its inception it is engaged in the trade of Wholesale Gauze Swabs. They are a NSIC registered firm and among the well-acclaimed Surgical Dressing Products Suppliers in India. The company is based in Rajapalayam, Tamilnadu. Following are the features by which they are distinguished from others.

X2Fuels and Energy

Corporate Round in 2022
X2Fuels & Energy is an early-stage start-up focused on the development and deployment of thermochemical technologies that convert a diverse range of solid feedstocks, including lignocellulosic agricultural residues, plastics, bio-organic wastes, and municipal solid wastes, into storable liquid and solid fuels. The company's innovative reactor technology efficiently processes various incoming materials, producing high-value crude that is free of nitrogen and sulfur. This output can either be directly processed by existing refinery infrastructures or blended with crude oil, allowing clients to transform waste into valuable energy resources. By leveraging these advanced technologies, X2Fuels & Energy aims to contribute to sustainable energy solutions and promote economic benefits through waste utilization.

Moshine Electronics

Acquisition in 2022
Moshine Electronics produces camera modules for cell phones as part of the electronic components sector.

Cellestial E-mobility

Acquisition in 2022
Cellestial E-mobility is a city-based startup focused on the development of electric tractors designed for various heavy vehicle applications. The company aims to provide cost-efficient and environmentally friendly solutions for agricultural activities and airport ground operations. Cellestial E-mobility specializes in manufacturing AI-enabled electric tractors and components, offering a diverse range of models, including an E-Tractor tailored for agricultural tasks and an A-haul model for airport logistics. With a commitment to innovation, the company is dedicated to producing electric tractors with the longest battery life, contributing to the advancement of sustainable transportation in the heavy vehicle sector.

Aerostrovilos

Seed Round in 2022
Aerostrovilos Energy, established in 2017 and based in Chennai, India, specializes in the production of micro gas turbines designed for power generation applications. The company's innovative technology targets heavy-duty long-haul trucks, aiming to electrify these vehicles in scenarios where battery solutions may be inadequate. Although trucks comprise only 3-5% of global road traffic, they are responsible for 40-50% of road transport pollution. Aerostrovilos's micro gas turbines are fuel-flexible, capable of operating on various liquid or gaseous fuels, and are designed to be oil-free, contributing to a more environmentally friendly power generation alternative. By utilizing gas turbine generator technology, Aerostrovilos seeks to significantly reduce global road pollution by 40-50%, promoting a lower carbon footprint and a more sustainable future in transportation.

CG Power

Acquisition in 2020
Crompton Greaves (CG) is a global leader in the management and application of electrical energy, with a rich history dating back to 1875 when it powered the first electricity-lit house in Colchester, U.K. As a part of the Avantha Group, CG operates in over 10 countries and has established a strong presence in India since its operations began in 1937. The company specializes in providing engineering, procurement, and construction management services, contributing significantly to various sectors that require efficient energy solutions. CG's commitment to innovation and excellence has solidified its reputation as a pioneering force in the electrical energy industry.
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