About Akash Pack Tech
Akash Pack Tech is a company based in Faridabad (India) founded in 1998 by Pratap Singh. It operates as a B2B. The company has 254 employees as of March 31, 2023. Akash Pack Tech offers products and services including Flow Wrap Machine, Liquid Packing Machine, Powder Packing Machine, Vertical Form Fill & Seal Machine, and Weigh Filler Machine. Akash Pack Tech operates in a competitive market with competitors including ProMach, SupplyOne, Syntegon, Winpak and DigiFlex, among others.
- Headquarter Faridabad, India
- Employees 254 as on 31 Mar, 2023
- Founders Pratap Singh
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
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- Legal Name Akash Packtech Private Limited
- Date of Incorporation 28 Nov, 2002
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.2 M (USD)3.02as on Mar 31, 2023
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Net Profit
$411.79 K (USD)844.67as on Mar 31, 2023
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EBITDA
$422.83 K (USD)108.8as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
254
as on Mar 31, 2023
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Products & Services of Akash Pack Tech
Akash Pack Tech offers a comprehensive portfolio of products and services, including Flow Wrap Machine, Liquid Packing Machine, Powder Packing Machine, Vertical Form Fill & Seal Machine, and Weigh Filler Machine. 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.
Horizontal bag-making machine for items like biscuits.
Fills accurate liquid amounts in pouches with minimal spillage.
Handles powder filling for products like spices and paints.
Packs products in plastic bags with high safety standards.
Accurately weighs and fills materials for various applications.
Fills powders efficiently using advanced technology.
Packs pouches for food and other sectors with multi-track options.
Suitable for small-scale packaging in pharma and food industries.
Funding Insights of Akash Pack 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 Akash Pack Tech
| 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 - Akash Pack 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 |
Akash Pack Tech Comparisons
Competitors of Akash Pack Tech
Akash Pack 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 ProMach, SupplyOne, Syntegon, Winpak and DigiFlex, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of packaging machines across various industries
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| domain | founded_year | HQ Location |
Customized packaging solutions and equipment are provided for diverse industries.
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| domain | founded_year | HQ Location |
Packaging machines are designed and manufactured by Syntegon.
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| domain | founded_year | HQ Location |
Packaging products are manufactured and distributed by Winpak.
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| domain | founded_year | HQ Location |
Inkjet systems for flexographic and letterpress printing plates are offered.
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| domain | founded_year | HQ Location |
Automatic packaging machine manufacturer
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| 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 Akash Pack Tech
When was Akash Pack Tech founded?
Akash Pack Tech was founded in 1998.
Where is Akash Pack Tech located?
Akash Pack Tech is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.
Who is the current CEO of Akash Pack Tech?
Pratap Singh is the current CEO of Akash Pack Tech. They have also founded this company.
How many employees does Akash Pack Tech have?
As of Mar 31, 2023, the latest employee count at Akash Pack Tech is 254.
What is the annual revenue of Akash Pack Tech?
Annual revenue of Akash Pack Tech is $3.2M as on Mar 31, 2023.
What does Akash Pack Tech do?
Akash Packtech (P) Ltd. is an Indian manufacturer of packaging machines, producing items like flow wrap and liquid packing machines. They focus on quality and innovation, supplying products for food, pharmaceuticals, and agrochemicals. The company exports to countries such as Sri Lanka and South Africa, emphasizing environmentally friendly solutions and technological advancements. Their machines support efficient packaging processes across various industries, ensuring high performance and reliability.
Who are the top competitors of Akash Pack Tech?
What products or services does Akash Pack Tech offer?
Akash Pack Tech offers Flow Wrap Machine, Liquid Packing Machine, Powder Packing Machine, Vertical Form Fill & Seal Machine, and 4 more products and services.