About ABP Induction
ABP Induction is a company based in Dortmund (Germany) founded in 2005 was acquired by Primetals Technologies in June 2010.. The company has 24 employees as of April 01, 2024.
- Headquarter Dortmund, Germany
- Employees 24 as on 01 Apr, 2024
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Email
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Phone
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Website
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Social
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- Legal Name Abp Induction Systems Private Limited
- Date of Incorporation 26 Dec, 2006
- Jurisdiction Savli, Gujarat, India
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Annual Revenue
$2.15 M (USD)48.82as on Mar 31, 2023
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Net Profit
$39.32 K (USD)-18.23as on Mar 31, 2023
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EBITDA
$48.71 K (USD)583.14as on Mar 31, 2023
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Latest Funding Round
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Investors
Primetals Technologies
& 2 more
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Employee Count
24
as on Apr 01, 2024
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Acquired by
Primetals Technologies
(Jun 01, 2010)
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Funding Insights of ABP Induction
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ABP Induction
ABP Induction has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Primetals Technologies, Mitsubishi Heavy Industries and CM Acquisitions. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of research and development services focused on defense, energy system, and logistic services
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Provider of ecological solution, supply chain management, and quality services for metal industry
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ABP Induction
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ABP Induction
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abp Induction Comparisons
Competitors of ABP Induction
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ABP Induction
When was ABP Induction founded?
ABP Induction was founded in 2005.
Where is ABP Induction located?
ABP Induction is headquartered in Dortmund, Germany. It is registered at Dortmund, North Rhine-westphalia, Germany.
How many employees does ABP Induction have?
As of Apr 01, 2024, the latest employee count at ABP Induction is 24.
What is the annual revenue of ABP Induction?
Annual revenue of ABP Induction is $2.15M as on Mar 31, 2023.
What does ABP Induction do?
ABP was founded in 2005 in Dortmund, Germany, where operations focus on the manufacturing sector. Induction furnaces, along with melting and heating equipment, are produced for industrial applications. Services include design and supply of these systems, primarily serving metallurgy and related fields. The company maintains its base in Germany, with activities centered on equipment for thermal processing needs.
Who are ABP Induction's investors?
ABP Induction has 3 investors. Key investors include Primetals Technologies, Mitsubishi Heavy Industries, and CM Acquisitions.
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