About ADVIK Hi-Tech
ADVIK Hi-Tech is a company based in Pune (India) founded in 2000. It operates as a B2B. The company has 667 employees as of March 31, 2023. ADVIK Hi-Tech has completed 3 acquisitions, including MAGURA, Powersports MTG and Powersports MTG. ADVIK Hi-Tech offers products and services including Oil Pump, Water Pump, Vacuum Pump, Brakes, and Valves and Actuators. ADVIK Hi-Tech operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
- Headquarter Pune, India
- Employees 667 as on 31 Mar, 2023
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Sectors
Transportation, Automotive & Logistics
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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 Advik Hi-Tech Pvt. Ltd.
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$89.04 M (USD)27.19as on Mar 31, 2023
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Net Profit
$8.87 M (USD)25.9as on Mar 31, 2023
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EBITDA
$15.49 M (USD)21.22as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
667
as on Mar 31, 2023
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Investments & Acquisitions
MAGURA
& 2 more
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Products & Services of ADVIK Hi-Tech
ADVIK Hi-Tech offers a comprehensive portfolio of products and services, including Oil Pump, Water Pump, Vacuum Pump, Brakes, and Valves and Actuators. 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.
Provides lubrication for vehicle engines
Manages cooling in automotive systems
Assists in vehicle emission control
Ensures safety through precision braking
Supports HVAC and e-mobility applications
Enables eco-friendly fuel systems for vehicles
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Funding Insights of ADVIK Hi-Tech
| 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 |
Investments & Acquisitions by ADVIK Hi-Tech
ADVIK Hi-Tech has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include MAGURA, Powersports MTG and Powersports MTG. 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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Brand of sports apparel and equipments
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1893 | ||||
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Manufacturer of motorcycle braking and clutch actuation products
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1893 | ||||
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Manufacturer of motorcycle braking and clutch actuation products
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1893 |
| 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 - ADVIK Hi-Tech
| 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 |
Advik Hi-Tech Comparisons
Competitors of ADVIK Hi-Tech
ADVIK Hi-Tech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive components and systems are manufactured for vehicles.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components
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| 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 Advik Hi-Tech
Frequently Asked Questions about ADVIK Hi-Tech
When was ADVIK Hi-Tech founded?
ADVIK Hi-Tech was founded in 2000.
Where is ADVIK Hi-Tech located?
ADVIK Hi-Tech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does ADVIK Hi-Tech have?
As of Mar 31, 2023, the latest employee count at ADVIK Hi-Tech is 667.
What is the annual revenue of ADVIK Hi-Tech?
Annual revenue of ADVIK Hi-Tech is $89.04M as on Mar 31, 2023.
What does ADVIK Hi-Tech do?
ADVIK Hi-Tech Private Limited, based in Pune, India, is a leading manufacturer of precision components and systems for automotive and industrial sectors. Founded in 2000, it supplies innovative solutions like pumps, brakes, and alternate fuel systems to global OEMs. The company operates multiple facilities in India, Indonesia, and Vietnam, employing over 4000 professionals. Committed to quality and sustainability, ADVIK focuses on meeting emission norms and providing tailored engineering services.
Who are the top competitors of ADVIK Hi-Tech?
What products or services does ADVIK Hi-Tech offer?
ADVIK Hi-Tech offers Oil Pump, Water Pump, Vacuum Pump, Brakes, and 2 more products and services.
How many acquisitions has ADVIK Hi-Tech made?
ADVIK Hi-Tech has made 3 acquisitions, including MAGURA, Powersports MTG, and Powersports MTG.