About Allygrow
Allygrow is a company based in Pune (India) founded in 2015 by Vrishali Kamat was acquired by Ceinsys in December 2021. Allygrow has raised $35.14 million across 5 funding rounds from investors including Avendus, Ceinsys and Zodius. The company has 131 employees as of March 22, 2024. Allygrow has completed 1 acquisition, including A El. Allygrow offers products and services including Virtual Validation, Embedded Systems, Electrification, and Plant Automation. Allygrow operates in a competitive market with competitors including Cummins, Valeo, Schaeffler, Faurecia and Rane Group, among others.
- Headquarter Pune, India
- Employees 131 as on 22 Mar, 2024
- Founders Vrishali Kamat
- Stage Minicorn
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Sectors
Business ServicesTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Allygrow Technologies Private Limited
- Jurisdiction Haveli, Maharashtra, India
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Annual Revenue
$5.29 M (USD)0as on Mar 31, 2022
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Net Profit
$1.03 M (USD)0as on Mar 31, 2022
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EBITDA
-$61.75 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$35.14 M (USD)
in 5 rounds
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Latest Funding Round
$924.13 K (USD), Series B
Jan 10, 2019
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Investors
Avendus
& 9 more
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Employee Count
131
as on Mar 22, 2024
- Investments & Acquisitions
- Acquired by
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Products & Services of Allygrow
Allygrow offers a comprehensive portfolio of products and services, including Virtual Validation, Embedded Systems, Electrification, and Plant Automation.
Provides virtual testing for product development in mobility sectors.
Offers design and integration for embedded systems in vehicles.
Delivers solutions for electric vehicle components and systems.
Implements automation for manufacturing processes and IoT integration.
People of Allygrow
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Funding Insights of Allygrow
Allygrow has successfully raised a total of $35.14M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $924.13 thousand completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Allygrow
Allygrow has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Avendus, Ceinsys and Zodius.
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VC firm investing in India
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Venture capital fund investing in consumer tech startups
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Investor details for Allygrow
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Investments & Acquisitions by Allygrow
Allygrow has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include A El.
Investment portfolio details for Allygrow
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The company A El is headquartered in Munich, Germany.
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Complete acquisition details for Allygrow
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Financial Statements - Allygrow
Detailed financials for Allygrow
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Allygrow Comparisons
Peer comparison for Allygrow
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Competitors of Allygrow
Allygrow 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, Schaeffler, Faurecia and Rane Group, among others.
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Manufacturer of gas-powered construction equipment
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Automotive products and services are supplied globally to automakers.
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Manufacturer of bearings for the automotive industry
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Automotive components and systems are manufactured for vehicles.
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Major auto components are manufactured and supplied to OEMs.
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Major auto components are manufactured and supplied globally.
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Detailed competitors of Allygrow
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Latest news on Allygrow
Complete news archive for Allygrow
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Frequently Asked Questions about Allygrow
Allygrow was founded in 2015.
Allygrow is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Allygrow is a funded company, having raised a total of $35.14M across 5 funding rounds to date.
As of Mar 22, 2024, the latest employee count at Allygrow is 131.
Annual revenue of Allygrow is $5.29M as on Mar 31, 2022.
Allygrow was founded in 2015 and is based in Pune, India. Solutions in product design and industrial automation are offered to support development in automotive sectors, including passenger cars, commercial vehicles, off-highway vehicles, and twothree wheelers. Services include product engineering, styling concepts, feasibility design, validation, CAD and ECM, manufacturing engineering, pre-series development, and plant engineering. Additional areas covered are virtual validation, embedded systems, electrification, and plant automation with IIoT integration.
Allygrow's top competitors include Cummins, Valeo and Rane Group.
Allygrow offers Virtual Validation, Embedded Systems, Electrification, and Plant Automation.
Allygrow has made 1 acquisition, including A El.
Allygrow has 10 investors. Key investors include Avendus, Ceinsys, Zodius, TechPro Ventures, and Tek Associates.
The valuation of Allygrow is $22.61M as of Jan 2019.