ADVIK Hi-Tech

Pune, India Founded: 2000 • Age: 26 yrs
Manufactures precision components for automotive and industrial markets worldwide.
Annual revenue $89.0M Latest available
Total funding - Funding intelligence
Employees 667 Tracked headcount
Investors - Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • 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
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $89.04 M (USD)
    27.19
    as on Mar 31, 2023
  • Net Profit
    $8.87 M (USD)
    25.9
    as on Mar 31, 2023
  • EBITDA
    $15.49 M (USD)
    21.22
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    667

    as on Mar 31, 2023

  • 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.

Product name locked
Category locked
Primary

Provides lubrication for vehicle engines

Product name locked
Category locked
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Manages cooling in automotive systems

Product name locked
Category locked
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Assists in vehicle emission control

Product name locked
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Ensures safety through precision braking

Product name locked
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Supports HVAC and e-mobility applications

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Enables eco-friendly fuel systems for vehicles

People of ADVIK Hi-Tech

Headcount 1000-5000
Employee Profiles 33
Employee Profiles
People
Aditya Khare
Agm- Strategy
People
Ankur Pandey
Senior Quality Assurance Engineer
People
Viraj Shah
Senior Manager - Treasury & Family Office
People
Shabbir Shaikh
Assistant Manager

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Funding Insights of ADVIK Hi-Tech

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Detailed funding history for ADVIK Hi-Tech

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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.

Investments
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Investment portfolio details for ADVIK Hi-Tech

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Brand of sports apparel and equipments
Locked Locked 1893 Locked
Manufacturer of motorcycle braking and clutch actuation products
Locked Locked 1893 Locked
Manufacturer of motorcycle braking and clutch actuation products
Locked Locked 1893 Locked
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Complete acquisition details for ADVIK Hi-Tech

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Financial Statements - ADVIK Hi-Tech

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Detailed financials for ADVIK Hi-Tech

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Advik Hi-Tech Comparisons

ADVIK Hi-Tech Primary company
Description
Manufactures precision components for automotive and industr...
Location
Pune, India
Founded Year
2000
Annual Revenue
$89.04 M (USD)
Net Profit
$8.87 M (USD)
EBITDA
$15.49 M (USD)
Employees
667
As of 2023
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Peer comparison for ADVIK Hi-Tech

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Manufacturer of gas-powered construction equipment
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Automotive products and services are supplied globally to automakers.
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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Manufacturer of bearings for the automotive industry
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Automotive components and systems are manufactured for vehicles.
Locked Locked Locked
Manufacturer and supplier of major auto components
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Detailed competitors of ADVIK Hi-Tech

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Latest news on Advik Hi-Tech

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Complete news archive for ADVIK Hi-Tech

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Frequently Asked Questions about ADVIK Hi-Tech

ADVIK Hi-Tech was founded in 2000.

ADVIK Hi-Tech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

As of Mar 31, 2023, the latest employee count at ADVIK Hi-Tech is 667.

Annual revenue of ADVIK Hi-Tech is $89.04M as on Mar 31, 2023.

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.

ADVIK Hi-Tech's top competitors include Cummins, Valeo and UNO Minda.

ADVIK Hi-Tech offers Oil Pump, Water Pump, Vacuum Pump, Brakes, and 2 more products and services.

ADVIK Hi-Tech has made 3 acquisitions, including MAGURA, Powersports MTG, and Powersports MTG.

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