About Altra
Altra is a company based in Braintree (United States) founded in 2004 was acquired by Regal Rexnord in October 2022.. The company has 70 employees as of February 17, 2025. Altra has completed 6 acquisitions, including Guardian Couplings, Lamiflex and Nook Industries. Altra operates in a competitive market with competitors including Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.
- Headquarter Braintree, United States
- Employees 70 as on 17 Feb, 2025
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Altra Industrial Motion India Private Limited
- Date of Incorporation 12 Jul, 2007
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$10.77 M (USD)35.51as on Mar 31, 2024
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Net Profit
$499.4 K (USD)95.18as on Mar 31, 2024
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EBITDA
$815.39 K (USD)29.09as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
70
as on Feb 17, 2025
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Investments & Acquisitions
Guardian Couplings
& 5 more
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Acquired by
Regal Rexnord
(Oct 26, 2022)
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Funding Insights of Altra
| 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 |
Investors in Altra
Altra has secured backing from 1 investor. Prominent investors backing the company include Regal Rexnord. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altra
Altra has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Guardian Couplings, Lamiflex and Nook Industries. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of flexible couplings for blades, elastomeric, gear, transmission shafts, and bearing protectors
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1999 | ||||
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Provider of designing, engineering, and manufacturing services for linear motion systems
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1969 | ||||
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Provider of flywheel & jaw coupling, hydraulic pump mounts & shaft collars manufacturing services
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1941 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Altra
| 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 |
Altra Comparisons
Competitors of Altra
Altra 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 Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, 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 |
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| domain | founded_year | HQ Location |
Diversified electronics and automation equipment are manufactured and supplied.
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| domain | founded_year | HQ Location |
Manufacturer of Industrial and Consumer Electric Equipment
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| domain | founded_year | HQ Location |
Energy management and automation solutions are provided globally.
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
Automation and engineering services are provided for multiple industries.
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| domain | founded_year | HQ Location |
Industrial automation and information systems are provided to global industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Altra
Frequently Asked Questions about Altra
When was Altra founded?
Altra was founded in 2004.
Where is Altra located?
Altra is headquartered in Braintree, United States. It is registered at Braintree, Massachusetts, United States.
How many employees does Altra have?
As of Feb 17, 2025, the latest employee count at Altra is 70.
What is the annual revenue of Altra?
Annual revenue of Altra is $10.77M as on Mar 31, 2024.
What does Altra do?
Altra Industrial Motion was established in 2004 and is headquartered in Braintree, United States. Mechanical power transmission components and motion control products are designed, manufactured, and supplied to support operations in sectors including aerospace and defense, mining, and oil and gas. Offerings encompass electric clutches and brakes, couplings, gear drives, and belted drives, with applications extending to elevators, agriculture, and medical equipment.
Who are the top competitors of Altra?
Altra's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
How many acquisitions has Altra made?
Altra has made 6 acquisitions, including Guardian Couplings, Lamiflex, and Nook Industries.
Who are Altra's investors?
Altra has 1 investor. Key investors include Regal Rexnord.