About Adani
Adani is a company based in Mumbai (India) founded in 2008.. The company has 4,302 employees as of April 07, 2024. Adani has completed 1 acquisition, including Pointleap Projects. Adani offers products and services including Electricity Supply and Green Tariff.
- Headquarter Mumbai, India
- Employees 4302 as on 07 Apr, 2024
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Sectors
Energy & Utilities
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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 Adani Electricity Mumbai Limited
- Date of Incorporation 18 Sep, 2008
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$1.05 B (USD)18.77as on Mar 31, 2023
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Net Profit
$11.4 M (USD)-22.4as on Mar 31, 2023
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EBITDA
$121.86 M (USD)2.27as on Mar 31, 2023
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Latest Funding Round
$300 M (USD), Debt – Conventional
Jul 23, 2021
- Investors
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Employee Count
4302
as on Apr 07, 2024
- Investments & Acquisitions
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Products & Services of Adani
Adani offers a comprehensive portfolio of products and services, including Electricity Supply and Green Tariff. 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.
Electricity is distributed to residential and commercial areas in Mumbai
Green energy options are offered to support carbon footprint reduction
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Funding Insights of Adani
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $300.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Debt – Conventional - Adani | Valuation |
investors |
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| Dec, 2019 | Amount | Series A - Adani | Valuation | Qatar Investment Authority |
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| Dec, 2019 | Amount | Debt – Conventional - Adani | Valuation |
investors |
| 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 Adani
Adani has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Qatar Investment Authority. 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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A sovereign wealth fund backed by Qatar, managing investments and funds.
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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 Adani
Adani has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pointleap Projects. 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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Building construction and engineering services are provided to various clients.
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| 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 - Adani
| 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 |
Adani Comparisons
Competitors of Adani
| 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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Latest news on Adani
Frequently Asked Questions about Adani
When was Adani founded?
Adani was founded in 2008 and raised its 1st funding round 11 years after it was founded.
Where is Adani located?
Adani is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Adani?
Kandarp Patel is the current CEO of Adani.
How many employees does Adani have?
As of Apr 07, 2024, the latest employee count at Adani is 4,302.
What is the annual revenue of Adani?
Annual revenue of Adani is $1.05B as on Mar 31, 2023.
What does Adani do?
Founded in 2008, Adani functions as a private electricity distributor based in Mumbai, India. Operations center on the distribution of electricity to various customers within the region. Services include standard power supply management under regulatory frameworks. The company is headed by CEO Kandarp Patel, identified by PAN AAPPP6028C. Online presence is maintained through the domain adanielectricity.com, supporting sector-specific activities.
What products or services does Adani offer?
Adani offers Electricity Supply and Green Tariff.
How many acquisitions has Adani made?
Adani has made 1 acquisition, including Pointleap Projects.
Who are Adani's investors?
Adani has 1 investor. Key investors include Qatar Investment Authority.