About Alpha Design Technologies
Alpha Design Technologies is an Aerospace, Defense & Maritime company based in Bengaluru (India) founded in 2003 by Holenarasipura Srikantaiah Shankar, Rakesh Dhar Jayal, and Akunuri Mohana Rao, and was acquired by Adani Enterprises in April 2019. Diversified non-combat systems for defense industries are developed. Alpha Design Technologies has raised $61.04 million across 3 funding rounds from investors including Adani Enterprises, Elara Capital and Astraea Fund. The company has 692 employees. Alpha Design Technologies was last valued at $163.45 million in December 2018. Its chief executive, as recorded, is Hari Prasad HS. Its Indian entity Alpha Design Technologies Private Limited reported revenue of ₹603 Cr. Alpha Design Technologies offers products and services including Hand Held Thermal Imager - DRUSHTI, Laser Target Designator, and Indigenous Combined Interrogator & Transponder. Its focus areas include Aerospace, Maritime and Defense Tech, Military Tech, Non Combat Systems and C4ISR.
Company details
Founded in 2003 and based in Bengaluru, India, the company focuses on the defense sector. Non-combat systems are developed, including C4ISR solutions such as vehicle-mountable smart switchboards, radar-based receivers, C-band converters, miniature jammers, and laser-thermal target acquisition systems with night vision. Electronic warfare systems are also provided to support local communication and operational needs.
- Headquarters Bengaluru, India
- Employees 692
- Founders Holenarasipura Srikantaiah Shankar, Rakesh Dhar Jayal, Akunuri Mohana Rao
- Stage Acquired
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website adtl.co.in
- Social LinkedIn X Facebook
- Acquired by Adani Enterprises (Apr 2019)
- Legal Name Alpha Design Technologies Private Limited
- Date of Incorporation 02 Jul, 2003
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹603 Cr
FY 2025 · +91% YoY
- Net Profit₹53.00 Cr
FY 2025 · 5% margin
- EBITDA₹160 Cr
FY 2025 · 15% margin
- Total Equity Funding$61.04M (USD)
in 3 rounds
- Latest Funding Round$55.54M (USD), Series B
Dec 2018
- InvestorsAdani Enterprises
& 6 more
- Employee Count692
- Acquired byAdani Enterprises
(Apr 2019)
Associated legal entities of Alpha Design Technologies
Alpha Design Technologies operates through Alpha Design Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Alpha Design Technologies Private Limited CIN U74140KA2003PTC032191 | Active | 02 Jul 2003 | Bangalore, Karnataka | ₹603 Cr | 692 | 6 | View details |
Products & Services of Alpha Design Technologies
Alpha Design Technologies offers a comprehensive portfolio of products and services, including Hand Held Thermal Imager - DRUSHTI, Laser Target Designator, and Indigenous Combined Interrogator & Transponder.
Thermal imaging device for night vision and target detection.
Device for precise laser-guided targeting in military operations.
System for aircraft interrogation and transponder functions.
Funding Insights of Alpha Design Technologies
Alpha Design Technologies has successfully raised a total of $61.04M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $55.54 million completed in December 2018. 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.
- Total Funding $61.04M
- Total Rounds 3
- Last Round Series B — $55.54M
- First Round $3.2M
(Mar 2014)
- Investors Count 6
All 3 funding rounds of Alpha Design Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $55.54M | Series B | – | – | |
| Dec 2018 | $2.3M | Series A | $163.45M | Elara Capital, Astraea Fund | – |
| Mar 2014 | $3.2M | Series A | $22.79M | Fleeting Vyapaar |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2018 | $163.45M | •••••••• |
| Mar 2014 | $22.79M | •••••••• |
Last known valuation $163.45M (Dec 2018). 7 investors in total: 7 institutional.
Investors in Alpha Design Technologies
Alpha Design Technologies has secured backing from 7 investors, including institutional investors. Prominent investors backing the company include Adani Enterprises, Elara Capital and Astraea Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial services including investment banking, equities, and asset management. | 2002 | elaracapital.com | ||
Cogent Global Solutions | cogentglobalsolutions.com | |||
Solar energy projects are developed by a diversified Indian conglomerate. | 1993 | adanienterprises.com | Ahmedabad, India | |
| adanidefence.com |
Investor details for Alpha Design Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Alpha Design Technologies Private Limited (Alpha Design Technologies)
Alpha Design Technologies Private Limited is the primary company behind Alpha Design Technologies. The board of Alpha Design Technologies Private Limited currently have 6 directors; the longest-serving is Shankar Holenarsipur Srikantiah, appointed in 2003. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shankar Holenarsipur Srikantiah DIN 00279285 | Director | 02 Jul 2003 | 23 yrs 4 mo | Alpha Design Technologies Private Limited |
| Venkatesha Subbanna Naik DIN 09827072 | Nominee Director | 27 Dec 2022 | 3 yrs 10 mo | Alpha Design Technologies Private Limited |
| Veena Bangalore Mahadevappa DIN 09674593 | Director | 30 Sep 2024 | 2 yrs 1 mo | Alpha Design Technologies Private Limited |
| Narayana Sarma Subramoniya Sarma DIN 10757525 | Director | 30 Sep 2024 | 2 yrs 1 mo | Alpha Design Technologies Private Limited |
| Hershal Vyas DIN 11281586 | Additional Director | 30 Apr 2026 | 6 mo | Alpha Design Technologies Private Limited |
| Kariyappa Hemalatha DIN 08160321 | Whole-time director | 16 Jun 2026 | 4 mo | Alpha Design Technologies Private Limited |
People of Alpha Design Technologies
24 people are tracked at Alpha Design Technologies (12 in leadership, 12 in team); the tracked headcount is 692.
| Name | Role | Group |
|---|---|---|
Holenarasipura Srikantaiah Shankar | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Hari Prasad HS | CEO & President | Leadership |
Vipul Agarwal | Director | Leadership |
Raghavendra Aroor | Vice President Mktg & Avionics | Leadership |
Hanumantha Rao Valluru | Vice President & SBU Head (c4i) | Leadership |
Vivek Uberoy | CEO | Leadership |
Ramesh K. | Executive Director And Chief Financial Officer | Leadership |
Sanil R. | Sr. Manager IT (functioning Head Of It) | Leadership |
Priyank Majeji | General Manager | Leadership |
Yugandhar Sadhu | General Manager | Leadership |
Jitendra Kumar | Assistant Manager | Team |
Shanmugapriya K | Senior Manager - Talent Acquisition And Management | Team |
Sunai Gowda | Deputy Manager (visual Database) | Team |
Dhananjay Naik | Senior Engineer | Team |
M Vishwanath Reddy | Account Manager | Team |
Rashmi K S | Deputy Engineer | Team |
Tulasidasnaik Naik | Quality Assurance Quality Control | Team |
Manikandan Ganesan | Deputy Manager | Team |
4 more people are available in the full profile.
Complete people profiles for Alpha Design Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Alpha Design Technologies
Figures of Alpha Design Technologies Private Limited, the primary company behind Alpha Design Technologies, for FY 2025. Revenue was ₹603 Cr (+91% year on year). Net profit was ₹53.00 Cr (5% margin). EBITDA was ₹160 Cr (15% margin). Revenue has grown at a compounded annual rate of +14% over three years and +21% over five years.
- ₹603 CrRevenue · FY 2025 · +91% YoY
- ₹53.00 CrNet profit · 5% margin
- ₹160 CrEBITDA · 15% margin
- ₹51.40 CrPaid-up capital
- 692Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Alpha Design Technologies Private Limited are on its company page.
Detailed financial statements for Alpha Design Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Alpha Design Technologies
5 dated milestones of Alpha Design Technologies across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Alpha Design Technologies is founded.
- Funding First funding round of $3.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $55.5M.
- Exit Acquired by Adani Enterprises.
Web traffic of Alpha Design Technologies
The website of Alpha Design Technologies (adtl.co.in) receives about 4.4K visits a month.
- Monthly visits4.4K
▼ 48.1% vs previous month
Websites whose visitors overlap most with Alpha Design Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kratosdefense.com | 100% | 115.4K | #467,971 | View details | |
| alpha-technologies.com | 62% | 5.4K | #3,720,242 | View details |
Top companies in Defense & Military Services
2 companies that operate in the same segment as Alpha Design Technologies (Defense & Military Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 26.48 M | 531 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 |
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Related news about Alpha Design Technologies
Complete news archive for Alpha Design Technologies
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Frequently Asked Questions about Alpha Design Technologies
Alpha Design Technologies was founded in 2003 and raised its 1st funding round 11 years after it was founded.
Alpha Design Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Hari Prasad HS is the CEO of Alpha Design Technologies, as recorded in our data.
Alpha Design Technologies is a funded company, having raised a total of $61.04M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.2M, raised on Mar 2014.
Alpha Design Technologies has 692 employees.
The primary company behind Alpha Design Technologies, Alpha Design Technologies Private Limited, reported revenue of ₹603 Cr for FY 2025, up 91% year on year.
Founded in 2003 and based in Bengaluru, India, the company focuses on the defense sector. Non-combat systems are developed, including C4ISR solutions such as vehicle-mountable smart switchboards, radar-based receivers, C-band converters, miniature jammers, and laser-thermal target acquisition systems with night vision. Electronic warfare systems are also provided to support local communication and operational needs.
Alpha Design Technologies offers Hand Held Thermal Imager - DRUSHTI, Laser Target Designator, and Indigenous Combined Interrogator & Transponder.
Alpha Design Technologies has 7 investors. Key investors include Adani Enterprises, Elara Capital, Astraea Fund, Cogent Global Solutions, and Fleeting Vyapaar.
The valuation of Alpha Design Technologies is $163.45M as of Dec 2018.
Alpha Design Technologies operates through Alpha Design Technologies Private Limited.
Yes. Alpha Design Technologies was acquired by Adani Enterprises in April 2019.