Acrelec
About Acrelec
Acrelec is a company founded in 1998 was acquired by Glory Global Solutions in January 2020.. Acrelec has completed 2 acquisitions, including HyperActive Technologies and OrderMatic. Acrelec offers products and services including Digital Signage and Kiosk.
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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 Acrelec Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
GLORY
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
HyperActive Technologies
& 1 more
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Acquired by
Glory Global Solutions
(Jan 31, 2020)
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Products & Services of Acrelec
Acrelec offers a comprehensive portfolio of products and services, including Digital Signage and Kiosk. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital signage is utilized for advertising and information display in food and retail sectors
Kiosks are employed for order placement and payments in various operational environments
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Funding Insights of Acrelec
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2016 | Amount | Private Equity Round - Acrelec | Valuation | IDIA Capital Investissement , Socadif |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Acrelec
Acrelec has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include GLORY, IDIA Capital Investissement and Socadif. 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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Buyouts are targeted through private equity by IDIA Capital Investissement.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Note counters, sorters, and POS devices are manufactured.
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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 Acrelec
Acrelec has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HyperActive Technologies and OrderMatic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solutions for restaurant kitchen and drive-thru management are provided.
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2001 | ||||
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Steel manufacturing facilities are provided by OrderMatic since 1955.
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1955 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Acrelec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Acrelec Comparisons
Competitors of Acrelec
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Acrelec
When was Acrelec founded?
Acrelec was founded in 1998 and raised its 1st funding round 18 years after it was founded.
What does Acrelec do?
Acrelec was founded in 1998 within the technology manufacturing sector. Hardware components such as dynamic displays, control terminals, touch screens, and game terminals are produced for interactive applications. Operations emphasize the development and assembly of these specialized devices, supporting sectors like retail and entertainment. The companys online presence is maintained through acrelec.com, with no specific geographic details provided.
What products or services does Acrelec offer?
Acrelec offers Digital Signage and Kiosk.
How many acquisitions has Acrelec made?
Acrelec has made 2 acquisitions, including HyperActive Technologies, and OrderMatic.
Who are Acrelec's investors?
Acrelec has 3 investors. Key investors include GLORY, IDIA Capital Investissement, and Socadif.
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