About Ashirvad
Ashirvad is a company based in Bengaluru (India) founded in 1998 by Vikas Poddar was acquired by Aliaxis in March 2013.. The company has 2,629 employees as of April 04, 2024. Ashirvad offers products and services including CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes. Ashirvad operates in a competitive market with competitors including Aliaxis, Uponor, Atkore, Astral Poly Technik and Charlotte Pipe and Foundry, among others.
- Headquarter Bengaluru, India
- Employees 2629 as on 04 Apr, 2024
- Founders Vikas Poddar
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Sectors
Real Estate & Construction
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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 Ashirvad Pipes Private Limited
- Date of Incorporation 18 Feb, 1997
- Jurisdiction Anekal, Karnataka, India
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Products & Services of Ashirvad
Ashirvad offers a comprehensive portfolio of products and services, including CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes. 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.
Pipes for hot and cold water applications in buildings
Pipes for potable cold water and drainage systems
Pipes for water transmission in agriculture and infrastructure
Pipes for soil, waste, and rainwater management
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Funding Insights of Ashirvad
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Ashirvad
Ashirvad has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aliaxis. 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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Piping systems are designed, manufactured, and distributed for multiple sectors.
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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 Ashirvad
| 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 |
Financial Statements - Ashirvad
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ashirvad Comparisons
Competitors of Ashirvad
Ashirvad 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 Aliaxis, Uponor, Atkore, Astral Poly Technik and Charlotte Pipe and Foundry, 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 |
Piping systems are designed, manufactured, and distributed for multiple sectors.
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| domain | founded_year | HQ Location |
Heating, cooling, plumbing, and infrastructure solutions are provided globally.
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| domain | founded_year | HQ Location |
Manufacturer of cable wires
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| domain | founded_year | HQ Location |
PVC pipes are manufactured for plumbing and drainage applications.
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| domain | founded_year | HQ Location |
Manufactures pipe and fittings for plumbing markets worldwide.
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| domain | founded_year | HQ Location |
Vectus is recognized as a leading manufacturer of water storage solutions in India.
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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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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 Ashirvad
Frequently Asked Questions about Ashirvad
When was Ashirvad founded?
Ashirvad was founded in 1998.
Where is Ashirvad located?
Ashirvad is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Ashirvad have?
As of Apr 04, 2024, the latest employee count at Ashirvad is 2,629.
What is the annual revenue of Ashirvad?
Annual revenue of Ashirvad is $546.97M as on Mar 31, 2023.
What does Ashirvad do?
Ashirvad was established in 1998 in Bengaluru, India, as a manufacturer in the plastics sector. PVC and CPVC piping systems are produced for plumbing and industrial uses. Operations are centered on fabrication and distribution of these materials. The company is led by directors including co-founder Vikas Poddar and managing directors Sunil Banthiya and Partha Basu. Focus remains on domestic markets with standard compliance in production processes.
Who are the top competitors of Ashirvad?
What products or services does Ashirvad offer?
Ashirvad offers CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes.
Who are Ashirvad's investors?
Ashirvad has 1 investor. Key investors include Aliaxis.