About Asia Cements
Asia Cements is a company based in Chandigarh (India) founded in 2004 by Harish Agarwal was acquired by ACC in January 2024.. The company has 79 employees as of October 31, 2024. Asia Cements operates in a competitive market with competitors including Sagar Cements, Wonder Cement, Dalmia Bharat, Ambuja Cements and JSW Cement, among others.
- Headquarter Chandigarh, India
- Employees 79 as on 31 Oct, 2024
- Founders Harish Agarwal
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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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Annual Revenue
$37.4 M (USD)0as on Mar 31, 2024
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Net Profit
$2.56 M (USD)-35as on Mar 31, 2024
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EBITDA
$4.61 M (USD)-37as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
79
as on Oct 31, 2024
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Acquired by
ACC
(Jan 08, 2024)
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Funding Insights of Asia Cements
| 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 Asia Cements
Asia Cements has secured backing from 1 investor. Prominent investors backing the company include ACC Limited. 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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Manufacturer of cement and ready-mixed concrete products
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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 Asia Cements
| 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 - Asia Cements
| 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 |
Asia Cements Comparisons
Competitors of Asia Cements
Asia Cements 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 Sagar Cements, Wonder Cement, Dalmia Bharat, Ambuja Cements and JSW Cement, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cement production is managed by Sagar Cements in India.
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| domain | founded_year | HQ Location |
Manufacturer of cement materials
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| domain | founded_year | HQ Location |
Cement and sugar are produced by Dalmia Bharat.
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| domain | founded_year | HQ Location |
Cement and building materials are manufactured by Ambuja Cements.
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| domain | founded_year | HQ Location |
Cement, aggregates, additives, and ready-mix concrete are manufactured.
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| domain | founded_year | HQ Location |
Cement is manufactured by Orient Cement in India.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Asia Cements
Frequently Asked Questions about Asia Cements
When was Asia Cements founded?
Asia Cements was founded in 2004.
Where is Asia Cements located?
Asia Cements is headquartered in Chandigarh, India.
How many employees does Asia Cements have?
As of Oct 31, 2024, the latest employee count at Asia Cements is 79.
What is the annual revenue of Asia Cements?
Annual revenue of Asia Cements is $37.4M as on Mar 31, 2024.
What does Asia Cements do?
Asian Cements was established in 2004 and is headquartered in Chandigarh, India. Operations are centered on cement manufacturing, with cement grinding units and related concrete and cement products supplied through multiple associated group companies. Focus is placed on production processes that support the construction sector, serving regional markets in India.
Who are the top competitors of Asia Cements?
Asia Cements's top competitors include Sagar Cements, JSW Cement and Wonder Cement.
Who are Asia Cements's investors?
Asia Cements has 1 investor. Key investors include ACC Limited.