Akilea Engineering

Founded: 2008 • Age: 18 yrs Acquired By Citec
Provider of power generation and oil gas projects development services
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About Akilea Engineering

Akilea Engineering is a company founded in 2008 was acquired by Citec in April 2013.. The company has 12,464 employees as of April 06, 2024. Akilea Engineering offers products and services including Intelligent Engineering, Digital Twin, and Autonomous Systems. Akilea Engineering operates in a competitive market with competitors including Price Gregory, Coastal Field Services, Florida Gas Contractors, Brigadier Pipelines and Castronics, among others.

  • Employees 12464 as on 06 Apr, 2024
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cyient Ltd.
  • Jurisdiction Shaikpet, Telangana, India
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
    $842.65 M (USD)
    18.3
    as on Mar 31, 2024
  • Net Profit
    $82.1 M (USD)
    36.63
    as on Mar 31, 2024
  • EBITDA
    $152.2 M (USD)
    29.88
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    12464

    as on Apr 06, 2024

  • Acquired by
    Citec

    (Apr 01, 2013)

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Products & Services of Akilea Engineering

Akilea Engineering offers a comprehensive portfolio of products and services, including Intelligent Engineering, Digital Twin, and Autonomous Systems. 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.

Primary

Solutions for digital engineering and operations across industries

Platform for simulating and managing product lifecycles

Development of AI-driven perception for vehicles and networks

Funding Insights of Akilea Engineering

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Akilea Engineering

Akilea Engineering has secured backing from 1 investor. Prominent investors backing the company include Cyient. 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.

All
Investor Description Founded Year Domain Location
Intelligent engineering solutions for products, plants, and networks are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Akilea Engineering

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Akilea Engineering

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Akilea Engineering Comparisons

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Competitors of Akilea Engineering

Akilea Engineering 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 Price Gregory, Coastal Field Services, Florida Gas Contractors, Brigadier Pipelines and Castronics, 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
Project development services for pipeline construction are provided.
domain founded_year HQ Location
Provider of pipeline construction and maintenance services to oil & gas industry
domain founded_year HQ Location
Underground natural gas infrastructure is contracted and installed by specialists.
domain founded_year HQ Location
Gas pipeline construction services are provided nationwide.
domain founded_year HQ Location
Oil and gas pipe threading and OCTG services are provided.
domain founded_year HQ Location
Industrial pipeline construction and plant services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Akilea Engineering

Frequently Asked Questions about Akilea Engineering

When was Akilea Engineering founded?

Akilea Engineering was founded in 2008.

How many employees does Akilea Engineering have?

As of Apr 06, 2024, the latest employee count at Akilea Engineering is 12,464.

What is the annual revenue of Akilea Engineering?

Annual revenue of Akilea Engineering is $842.65M as on Mar 31, 2024.

What does Akilea Engineering do?

Akilea Engineering was founded in 2008 and operates in the energy sector, with a focus on power generation and oil gas industries. Services encompass project development, including engineering and consulting for energy infrastructure. Comprehensive support is extended to clients seeking to advance projects in these fields. The companys online presence is maintained through akilea.com, serving various operational needs in the sector.

Who are the top competitors of Akilea Engineering?

Akilea Engineering's top competitors include Price Gregory, Coastal Field Services and Castronics.

What products or services does Akilea Engineering offer?

Akilea Engineering offers Intelligent Engineering, Digital Twin, and Autonomous Systems.

Who are Akilea Engineering's investors?

Akilea Engineering has 1 investor. Key investors include Cyient.

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