About AMMEGA
AMMEGA is a company based in Alkmaar (Netherlands) founded in 2018. Industrial power transmission and conveyor belting solutions are supplied. AMMEGA has raised $6.8 million across 1 funding round from investors including Princess Private Equity Holding. The company has 194 employees. AMMEGA has completed 1 acquisition, including MIR Belting. Its website ammega.com draws about 17 thousand monthly visits. Its Indian entity Ammega Belting India Private Limited reported revenue of ₹102 Cr. AMMEGA offers products and services including Conveying Solutions and Power Transmission Solutions.
Company details
AMMEGA was founded in 2018 and is headquartered in Alkmaar, Netherlands. Industrial power transmission and conveyor belting solutions are provided through its operations. The company encompasses brands such as Ammeraal Beltech, where belting products for processing and conveying are supplied, and the Megadyne group, by which power transmission belts, matched components, and belt systems are manufactured. Focus is placed on the industrial sector, with services extending to global markets.
- Headquarters Alkmaar, Netherlands
- Employees 194
- Website ammega.com
- Social LinkedIn YouTube
- Legal Name Ammega Belting India Private Limited
- Date of Incorporation 23 Aug, 2010
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹102 Cr
FY 2024 · +4% YoY
- Indian entity net profit₹8 Lakh
FY 2024 · 0% margin
- Indian entity EBITDA₹11.57 Cr
FY 2024 · 11% margin
- Total Equity Funding$6.8M (USD)
in 1 rounds
- Latest Funding Round$6.8M (USD), Series A
Jan 2020
- Investors
- Employee Count194
- Investments & Acquisitions
Associated legal entities of AMMEGA
AMMEGA operates through Ammega Belting India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ammega Belting India Private Limited CIN U31900TN2010PTC077091 | Active | 23 Aug 2010 | Chennai, Tamil Nadu | ₹102 Cr | 194 | 3 | View details |
Products & Services of AMMEGA
AMMEGA offers a comprehensive portfolio of products and services, including Conveying Solutions and Power Transmission Solutions.
Conveying solutions are provided for belting applications in various industries to support operational efficiency
Power transmission solutions are offered for mechanical systems to ensure reliable performance in global applications
Apps and channels of AMMEGA
its YouTube channel AMMEGA has 368 subscribers and 13 videos.
Videos from AMMEGA
The most watched videos on AMMEGA's YouTube channel, AMMEGA (368 subscribers). Click a video to play it here.
More on AMMEGA.
Funding Insights of AMMEGA
AMMEGA has successfully raised a total of $6.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.8 million completed in January 2020. 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 $6.8M
- Total Rounds 1
- Last Round Series A — $6.8M
- First Round $6.8M
(Jan 2020)
- Investors Count 1
All 1 funding rounds of AMMEGA 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 |
|---|---|---|---|---|---|
| Jan 2020 | $6.8M | Series A | – | Princess Private Equity Holding | – |
1 investors in total: 1 institutional.
Investors in AMMEGA
AMMEGA has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Princess Private Equity Holding.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and debt investments are focused on multiple sectors. | 1999 | princess-privateequity.net | Saint Peter Port, Guernsey |
Investor details for AMMEGA
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Ammega Belting India Private Limited (AMMEGA)
Ammega Belting India Private Limited is the primary company behind AMMEGA. The board of Ammega Belting India Private Limited currently have 3 directors; the longest-serving is Ashiesh Kothaari, appointed in 2023. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashiesh Kothaari DIN 10163737 | Managing Director | 15 May 2023 | 3 yrs 5 mo | Ammega Belting India Private Limited |
| Jedidiah Christian DIN 10720056 | Director | 25 Jul 2024 | 2 yrs 3 mo | Ammega Belting India Private Limited |
| Carlos Ramos Martinez DIN 11043413 | Additional Director | 07 Apr 2025 | 1 yr 7 mo | Ammega Belting India Private Limited |
People of AMMEGA
128 people are tracked at AMMEGA (61 in leadership, 67 in team); the tracked headcount is 194.
| Name | Role | Group |
|---|---|---|
Gabriele Zennaro | Chief Information, Digital & Security Officer | Leadership |
Aneta Zacharz | Head Of Marketing Services | Leadership |
Stefano Orlandi | Vice President - Operations Power Transmission Europe & India | Leadership |
Leila M. | Director Of Procurement, Planning & Inventory | Leadership |
Ryuichi Sekine | Managing Director | Leadership |
Witold Marsowicz | Director Of Business Service Center Operations| Member Of The Management Board | Leadership |
Justyna Czapska | Vice President - Global Procurement Direct Materials | Leadership |
Palak Shah | Cluster Head Of HR UK & Ireland | Leadership |
Burak Bayar | Managing Director | Leadership |
Lukasz Dutka | Global Procurement Business Partner | Leadership |
Eduardo Cepeda | Latam North | General Manager | Leadership |
Paolo Oglietti | VP Cluster Italy & Iberia PT | Leadership |
Lukasz Stasiak | Director - Global HRIS | Leadership |
Arnd S. | Chief Information & Digital Officer | Leadership |
Nathan Taylor | Technology Director | Leadership |
Rafal Mociak | Head Of Procurement Indirects | Leadership |
Anne Lehmann | Head Of HR Germany | Leadership |
Rod Parker | Director, US OEM Sales | Leadership |
Max Weller | Vice President UK & Ireland At Ammega Group | Leadership |
Zouhir Adlani | Global Head Of Automation | Leadership |
108 more people are available in the full profile.
Complete people profiles for AMMEGA
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Financials of AMMEGA
Figures of Ammega Belting India Private Limited, the primary company behind AMMEGA, for FY 2024. Revenue was ₹102 Cr (+4% year on year). Net profit was ₹8 Lakh (0% margin). EBITDA was ₹11.57 Cr (11% margin). Revenue has grown at a compounded annual rate of +30% over three years and +22% over five years.
- ₹102 CrRevenue · FY 2024 · +4% YoY
- ₹8 LakhNet profit · 0% margin
- ₹11.57 CrEBITDA · 11% margin
- ₹2.50 CrPaid-up capital
- 194Employees (provident fund records)
- +30%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ammega Belting India Private Limited are on its company page.
Detailed financial statements for AMMEGA
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by AMMEGA
AMMEGA has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MIR Belting.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Conveyor belting solutions are provided by MIR Belting for industries. | mir-belting.com | Fort Smith, United States | 1980 | Feb 2020 | •••• |
Complete acquisition details for AMMEGA
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of AMMEGA
3 dated milestones of AMMEGA across 2 years, from founding to its latest funding, stage changes and deals.
- Founded AMMEGA is founded.
- Funding First funding round of $6.8M.
- Acquisition Acquires MIR Belting.
Web traffic of AMMEGA
The website of AMMEGA (ammega.com) receives about 16.6K visits a month.
- Monthly visits16.6K
▼ 14.5% vs previous month
Websites whose visitors overlap most with AMMEGA. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| megadynegroup.com | 100% | 25.9K | #1,000,683 | View details | |
meccanica-plus.it | meccanica-plus.it | 67% | #5,879,150 | – | |
bbman.com | bbman.com | 44% | #1,156,418 | – | |
flexco.com | flexco.com | 44% | #491,818 | – | |
| beumergroup.com | 44% | 77.8K | #481,157 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for AMMEGA
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Related news about Ammega
Complete news archive for AMMEGA
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Frequently Asked Questions about AMMEGA
AMMEGA was founded in 2018 and raised its 1st funding round 2 years after it was founded.
AMMEGA is headquartered in Alkmaar, Netherlands. It is registered at Alkmaar, North Holland, Netherlands.
AMMEGA is a funded company, having raised a total of $6.8M across 1 funding round to date. The company's 1st funding round was a Series A of $6.8M, raised on Jan 2020.
AMMEGA has 194 employees.
The primary company behind AMMEGA, Ammega Belting India Private Limited, reported revenue of ₹102 Cr for FY 2024, up 4% year on year.
AMMEGA was founded in 2018 and is headquartered in Alkmaar, Netherlands. Industrial power transmission and conveyor belting solutions are provided through its operations. The company encompasses brands such as Ammeraal Beltech, where belting products for processing and conveying are supplied, and the Megadyne group, by which power transmission belts, matched components, and belt systems are manufactured. Focus is placed on the industrial sector, with services extending to global markets.
AMMEGA offers Conveying Solutions and Power Transmission Solutions.
AMMEGA has made 1 acquisition, including MIR Belting.
AMMEGA has 1 investor. Key investors include Princess Private Equity Holding.
AMMEGA operates through Ammega Belting India Private Limited.
The legal entities of AMMEGA currently have 3 directors, including Jedidiah Christian, Ashiesh Kothaari, Carlos Ramos Martinez.