Private Equity Round in 2022
Aarthi Scans and Labs provides health care services. They offer services that include pet ct scans, robotic labs for blood tests, mri scans, ct scans, ultrasound scans, x-rays, mammograms, dexa scans, opgs, and cbcts.
Sterlite Power is India’s largest private sector power transmission developer with 31 Extra High Voltage transmission lines and 7 substations with over 7,000 Circuit Km and 12,750 MVA of transformation capacity spanning 15 states. Sterlite Grid is a subsidiary of Sterlite Power Transmission Limited (Sterlite Power) that offers cutting-edge products and solutions for seamless energy delivery to ensure power for all. Sharing lineage with the Vedanta Group, Sterlite Grid is focused on creating a robust power supply infrastructure for the country while focusing on its core values of innovation, creating stakeholder value and respecting the environment the company operates in. Driven by the mission of enabling affordable, adequate, and high-quality 24×7 power to every home and enterprise in the country, Sterlite Grid builds transmission corridors connecting key power-generating regions with the key load centers. Considering the uneven geographical distribution of natural resources like coal, solar, and hydro in the country, transmission corridors play a vital role in transmitting power to the utilities that ultimately provide electricity to millions of households and commercial and industrial establishments.
ZingHR has been the driving force that is helping organizations go beyond Automation, and deliver a solution that could directly impact Business Outcomes and Enhance Employee Experience. ZingHR aims for an Employee-Centric and mobile first approach. An Enterprise HCM platform for the betterment of workforces irrespective of geographical boundaries covering the entire spectrum from Onboarding to Exit and beyond. ZingHR currently focuses on giving its users an experience like never before with AI enabled Technology and User-Friendly Systems supported with over 20+ languages. ZingHR delivers Human Capital Management, Workforce Management, Talent Acquisition, Payroll, Learning Management, Performance Management, Training, Time & Attendance, and Analytics applications, designed and delivered for the world’s largest organizations.
Virescent Renewable Energy Trust's objective is to make responsible investments in renewable and sustainable energy projects.
Eldeco Group has been in the real estate business from 1975 and since then, it has delivered more than 150 successful projects. With more than 35 years of experience in the construction industry, it has managed to become one of the leading names in the real estate sector of North India. Be it spanning townships, high-rise condominiums, office complexes, industrial estates or malls, this real estate group constructs every project with excellent quality and superior construction technology to ensure high level of consumer satisfaction.
MYSUN is a leading technology backed rooftop solar solutions and services company. The company offers customised solutions to Commercial & Industrial as well as Residential consumer segments along with in-house financing solutions to provide easy buying options for customers including its SME/ MSME clients. From customised engineering to hyper-local sales and service, MYSUN provides a premium, exhaustive and highly reliable 25 years solar journey to its clients across India.
Private Equity Round in 2020
Biocon Biologics Limited, based in Bengaluru, India, is a subsidiary of Biocon Limited and specializes in the development and manufacturing of biosimilars and novel biologics. Founded in 2016, the company focuses on creating high-quality, affordable biosimilars to enhance patient access to advanced therapies globally. Its product portfolio includes recombinant human insulin, insulin analogs, monoclonal antibodies, and therapeutic proteins aimed at treating various conditions such as diabetes, cancer, and autoimmune diseases. Biocon Biologics operates in multiple markets, including India, the U.S., and Europe, and is committed to the humanitarian responsibility of providing essential drugs through innovative solutions. The company also engages in contract research and manufacturing services through its subsidiary, Syngene, further strengthening its position in the biopharmaceutical sector.
Indusface is a truly integrated web application security and compliance solution. It helps organizations detect application-layer vulnerabilities accurately with web application scanning, patch them instantly with web application firewall, improves website performance instantly through instant whole site acceleration using distributed global edge locations and monitors traffic continuously for emerging threats and DDoS attacks, to mitigate them. Available as a fully managed security solution, Indusface includes 24 × 7 security expert support to create custom rules, analyse and block attacks, maintain zero-false positives, and report incidences in real-time, hence customers can be more efficient in focusing on their business growth instead of worrying about security. Indusface offers an unmatched cost advantage over the competition because of the unique and proven structure of the organization.
Alef is the first global edge API platform company that empowers enterprises to create, customize, and control their own private mobile network - in 60 minutes. We simplify the complexity of 5G and edge computing through a suite of APIs and tools that allow for more control and security with less overhead, while operating at a fraction of the cost of legacy mobile network providers. Leading systems integrators, distributors, and technology partners, and developers trust us to help power the edge economy and enable companies and communities to connect with a purpose.
Farcast is a clinical diagnostic company whose mission it is to illuminate personal treatment truth of a cancer patient. The Farcast technology core is a human tumor micro-environment that enables oncologists and drug developers to test individual tumors to determine treatment response profiles. The company has its headquarters in Boston in Massachusetts, and operates a lab in Bangalore in India.
Alef is the first global edge API platform company that empowers enterprises to create, customize, and control their own private mobile network - in 60 minutes. We simplify the complexity of 5G and edge computing through a suite of APIs and tools that allow for more control and security with less overhead, while operating at a fraction of the cost of legacy mobile network providers. Leading systems integrators, distributors, and technology partners, and developers trust us to help power the edge economy and enable companies and communities to connect with a purpose.
Sea6 Energy is a platform that utilizes the unlimited potential of the oceans in a sustainable and ethical way. It visualizes a future where the abundant oceans will be the biomass farms of the future, to provide solutions in energy, agriculture, and food. Sea6 Energy has a team of professionals from diverse fields like industrial automation, plant pathology, ocean engineering, bioprocess engineering, marine biology, and aerospace engineering, with the goal of building a whole new economy based on marine biomass. It develops technologies to convert biomass into biofuel, plant growth stimulants, plant defence products, animal feed ingredients, and other bio-renewable products to replace chemicals and plastics, effectively creating a Bio-refinery out of marine biomass, churning out a whole variety of products leaving nothing to waste. Sea6 Energy was founded on 2010 and is headquartered in Bangalore, India.
Nearex aims to empower people by simplifying proximity transactions such as Micropayments using mobile technology. It was founded by veterans from the mobile and financial industry with extensive exposure to emerging markets where mobile money services are driving large-scale financial inclusion for mostly unbanked societies.
Alef is the first global edge API platform company that empowers enterprises to create, customize, and control their own private mobile network - in 60 minutes. We simplify the complexity of 5G and edge computing through a suite of APIs and tools that allow for more control and security with less overhead, while operating at a fraction of the cost of legacy mobile network providers. Leading systems integrators, distributors, and technology partners, and developers trust us to help power the edge economy and enable companies and communities to connect with a purpose.
Kapsons Industries is an automotive stamping products manufacturer. They provide stamping division, die-casting division, copper wire divisions, and motor divisions. Stamping division include electrical laminations and die-cast rotors. Die-casting division offers aluminum pressure die-castings for electrical, automobile, and consumer durables industry.
Innoviti develops payments processing, credit distribution, and payments management software solutions. It offers uniPAY, a unified payment and card management system for retailers; quickEMI, a solution that provides consumers the option of paying for their purchases in installments on their credit cards; pgEMI, a solution that provides consumers the option of paying for their purchases in installments; and fastCollect, an automated collection technology for banks and retailers/online megastores. Innoviti serves markets, such as retail, mobile, lifestyle, entertainment, jewelry, education, cabs, holidays, hotels, restaurants, wellness, healthcare, online, and banks.
Home Dialysis Central is a one-stop, online resource for individuals with kidney disease, their families, and the medical professionals who offer kidney disease treatment, providing up-to-date, unbiased information about home dialysis in all its forms. It is a nonprofit organization whose goal is to assist those who have chronic illnesses in learning how to take control of and enhance their health.
Sandor Medicaids Pvt. Ltd. is a nationwide distribution company specializing in supplies to hospitals and government institutions. It has developed efficient systems and capabilities to supply specialty drugs, device and equipment to hospitals. Since its inception in 1995 in Hyderabad, the company has focused on bringing high-tech biomedical and biotechnology products into India. Sandor has been the first company to bring “Point of Care” concept to the Indian ICU in 1996 by launch of i-stat, a state of the art product for emergency monitoring of patients. The company started as a sales, marketing and distribution company and over time evolved as a nationwide distribution, sales and marketing company by 2008 when Genzyme launched their operations in India. It can today boast of a national level distribution network with 21CFR compliant cold chain facilities covering most of Indian states. Our efficient and compliant 20 branch distribution network supports drug and device manufacturers launch products with ready access to more than 3000 hospitals across India. The company today has more than 180 vendor registrations in Government and private Institutions making it the only partner for foreign or domestic manufacturers to bring their products to hospitals at the most economical costs while maintaining the highest ethical standards. The company has over time developed a strong sales and marketing team which is helping it launch own branded products in select therapeutic area like Critical Care, Nephrology and Transplantation and Pain Management. Our strong presence in Government Institutions has ensured direct sales to all users without help of any sub dealer or liaison agents. The company also provides complete regulatory support to partners and has in-house pharmacovigilance function besides having a strong custom clearing department. A firm foothold in the Indian Hospital procurement system has made Sandor a partner of choice for any new launch of medical drugs, devices and equipment in the Indian Hospital System.
Farcast is a clinical diagnostic company whose mission it is to illuminate personal treatment truth of a cancer patient. The Farcast technology core is a human tumor micro-environment that enables oncologists and drug developers to test individual tumors to determine treatment response profiles. The company has its headquarters in Boston in Massachusetts, and operates a lab in Bangalore in India.
IFMR Rural Channels and Services Private Limited (IRCS) was incorporated in August 2011 by IFMR Trust - a private trust, set up with the mission “to ensure that every individual and every enterprise has complete access to financial services”. Building on this mission, IRCS operates with the objective of setting up a network of branches in remote rural areas offering a range of financial products and services to every individual & enterprise.
Vaultize is an enterprise platform for end-to-end file security with built-in information / digital rights management (IRM / DRM / EDRM), secure file sharing, data protection and data loss prevention (DLP). It takes an information-centric and holistic approach towards management, security and control of data in enterprises. Vaultize Technologies is a privately held company with presence in more than 30 countries – including the US, Singapore and India, through its channel network consisting of resellers, distributors, system integrators and MSPs. Vaultize was started in 2010 by a team with extensive experience in technology leadership and executive management roles with security, storage and data protection leaders like Symantec, McAfee and VERITAS.
Vortex Engineering Private Limited specializes in designing, developing, manufacturing, and marketing automated teller machines (ATMs) for banks in India and abroad. The company offers a comprehensive suite of software and services for ATM management, aimed at maximizing ATM availability and providing tailored solutions for banks and service providers. Vortex's product range includes the Ecoteller, a low-power ATM suitable for various settings, a small bunch note acceptor for instant cash deposits, and the Gramateller Duo, which operates on solar power for non-metropolitan areas. Additionally, Vortex provides two operational models for its services: a hosted model at its data center and a customer-hosted model at the bank's facilities. Their offerings include an ATM management center, managed services for monitoring, and a marketing platform for banks to promote advertisements on ATM screens. Established in 2001 and headquartered in Chennai, Vortex Engineering is committed to enhancing self-service banking capabilities in emerging markets and exports its products to customers in Asia and Africa.
Private Equity Round in 2011
SEACO is a foundry company that offers foundry and machining solutions for improving agriculture, farm equipment, automobiles, construction equipment, and the power and hydraulics industries. They provide research and development, material testing, melting, core manufacturing, mold pressing, fettling, machining, finishing, and dispatch services.
Located in Cambridge, MA, Sun Catalytix is an early-stage renewable energy startup founded on groundbreaking science from the research lab of Professor Daniel Nocera at MIT. With Nature as our inspiration, we seek to combine sunlight and water to provide affordable, highly distributed solar energy to the individual. The elemental components of just 3 gallons of water have enough energy, when recombined, to satisfy the daily energy needs of a large American home. The US receives 500-fold more energy each year than it uses, but unfortunately the sun shines only half the time. At Sun Catalytix we are working to realize the dream of cheap, renewable, personalized energy allowing individuals to use the power around-the-clock. Backed by Polaris Venture Partners, we have started down the path to a sustainable energy future.
Farcast is a clinical diagnostic company whose mission it is to illuminate personal treatment truth of a cancer patient. The Farcast technology core is a human tumor micro-environment that enables oncologists and drug developers to test individual tumors to determine treatment response profiles. The company has its headquarters in Boston in Massachusetts, and operates a lab in Bangalore in India.
Private Equity Round in 2009
Adithya Automotive Applications provides end-solutions to automotive applications such as tippers, tankers and load bodies.
IARC is a securitization and reconstruction company.
Vanu, Inc. develops and delivers software radio access network solutions for the wireless infrastructure industry. The company offers Anywave Base Station, a software radio access network solution, which supports multiple wireless services; MultiRAN virtual base station to support multiple virtual base stations, as well as allows multiple operators to share a single physical network; and a GSM base station for outdoor deployments, including urban in-filling, marine, military, and emergency use. It also licenses its software. In addition, the company provides design consulting services to service providers, system integrators, and wireless OEMs. It offers its products and services for carriers in the United States. The company was founded in 1998 and is based in Cambridge, Massachusetts with additional offices in Bangalore and Delhi, India.
Quikjet is a cargo airline company that offers customized solutions for charter operation requirements.