AbhiTech

Mumbai, India Founded: 1997 • Age: 29 yrs
Provider of oil refinery, fuel exploring, and other services
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Annual revenue $14.6M Latest available
Total funding $641,334 2 rounds
Employees 385 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About AbhiTech

AbhiTech is a company based in Mumbai (India) founded in 1997. AbhiTech has raised $641.33 thousand across 2 funding rounds from investors including Compact Capital, Girish Kumar Trivedi and Prakash Poojari. The company has 385 employees as of April 06, 2024. AbhiTech offers products and services including THERMACT and THERMOL.

  • Headquarter Mumbai, India
  • Employees 385 as on 06 Apr, 2024
  • Stage Minicorn
  • Sectors
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Abhitech Energycon Limited
  • Date of Incorporation 10 Oct, 1997
  • Jurisdiction Baddi, Himachal Pradesh, India
Operational Areas
Chemicals & Materials → Specialty & Industrial Chemicals → →
Key Metrics
  • Annual Revenue
    $14.61 M (USD)
    57.17
    as on Mar 31, 2023
  • Net Profit
    $1.2 M (USD)
    76.74
    as on Mar 31, 2023
  • EBITDA
    $2.01 M (USD)
    60.89
    as on Mar 31, 2023
  • Total Equity Funding
    $641.33 K (USD)

    in 2 rounds

  • Latest Funding Round
    $527.08 K (USD), Unspecified

    Mar 31, 2009

  • Investors
    Compact Capital

    & 7 more

  • Employee Count
    385

    as on Apr 06, 2024

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Products & Services of AbhiTech

AbhiTech offers a comprehensive portfolio of products and services, including THERMACT and THERMOL.

Primary

Products for solid fuels are utilized to optimize combustion and reduce associated costs in energy conservation

Products for liquid fuels are employed to enhance efficiency and lower emissions in various industrial applications

Funding Insights of AbhiTech

AbhiTech has successfully raised a total of $641.33K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $527.08 thousand completed in March 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Unspecified — $527,079
  • First Round

    (04 Jun 2003)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2009 Amount Unspecified - AbhiTech Valuation Compact Capital
Jun, 2003 Amount Unspecified - AbhiTech Valuation Girish Kumar Trivedi , Prakash Poojari
Prasad Tulshidas Samant , Ganesh Dattatraya Samant

Investors in AbhiTech

AbhiTech has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include Compact Capital, Girish Kumar Trivedi and Prakash Poojari.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Compact Capital
Financial management services are provided to clients.
Founded Year Domain Location

Girish Kumar Trivedi
-
Founded Year Domain Location

Prakash Poojari
-
Founded Year Domain Location

Investments & Acquisitions by AbhiTech

Investments

Financial Statements - AbhiTech

Abhitech Comparisons

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Competitors of AbhiTech

Latest news on Abhitech

Frequently Asked Questions about AbhiTech

AbhiTech was founded in 1997 and raised its 1st funding round 6 years after it was founded.

AbhiTech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

AbhiTech is a funded company, having raised a total of $641.33K across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $114.26K, raised on Jun 04, 2003.

As of Apr 06, 2024, the latest employee count at AbhiTech is 385.

Annual revenue of AbhiTech is $14.61M as on Mar 31, 2023.

AbhiTech, led by Vivek Pandit as Director, Ganesh Dattatraya Samant as Managing Director, specializes in chemicals and materials, diversified chemicals, and speciality chemicals. Provider of oil refinery, fuel exploring, and other services. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

AbhiTech offers THERMACT and THERMOL.

AbhiTech has 8 investors. Key investors include Compact Capital, Girish Kumar Trivedi, Prakash Poojari, Hemant Raghunath Mohite, and Vijay Chandrakant Kamble.

The valuation of AbhiTech is $1.09M as of Mar 2009.

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