Avgol

Tel Aviv, Israel Founded: 1988 • Age: 38 yrs Acquired By Indroma Ventures
Manufacturer of hygiene related products
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About Avgol

Avgol is a company based in Tel Aviv (Israel) founded in 1988 was acquired by Indroma Ventures in May 2018.. The company has 59 employees as of October 31, 2024. Avgol offers products and services including Spunmelt Nonwoven Fabrics and Functional Materials.

  • Headquarter Tel Aviv, Israel
  • Employees 59 as on 31 Oct, 2024
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Avgol Industries 1953 Ltd
Operational Areas
Consumer → Baby, Parenting & Pet Care
Key Metrics
  • Annual Revenue
    $356.49 M (USD)
    10.46
    as on Dec 31, 2024
  • Net Profit
    $-630.72 K (USD)
    -115.58
    as on Dec 31, 2024
  • EBITDA
    $45.33 M (USD)
    6.31
    as on Dec 31, 2024
  • Latest Funding Round
    $566.44 K (USD), Grant

    Dec 01, 2020

  • Investors
  • Employee Count
    59

    as on Oct 31, 2024

  • Acquired by
    Indroma Ventures

    (May 14, 2018)

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Products & Services of Avgol

Avgol offers a comprehensive portfolio of products and services, including Spunmelt Nonwoven Fabrics and Functional Materials. 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.

Primary

Spunmelt nonwoven fabrics are produced for hygiene products and related applications

Functional materials are manufactured for medical and performance uses in various sectors

People of Avgol
Headcount 500-1000
Employee Profiles 11
Employee Profiles
People
Ashok Kumar
Assistant Manager Production & Process
People
Pradip Baraiya
Production Supervisor
People
D.k. Agarwal
Director & Chairman Of The Board
People
Shachar Rachim
Director

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Funding Insights of Avgol

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $566,443
  • First Round

    (01 Dec 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2020 Amount Grant - Avgol Valuation

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Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Avgol

Avgol has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Indroma Ventures and European Union. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
PET resins, PET products, and wool yarn are manufactured.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Avgol

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Avgol

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Avgol Comparisons

Employees
+
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Competitors of Avgol

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Avgol

Frequently Asked Questions about Avgol

When was Avgol founded?

Avgol was founded in 1988 and raised its 1st funding round 32 years after it was founded.

Where is Avgol located?

Avgol is headquartered in Tel Aviv, Israel.

Who is the current CEO of Avgol?

Shachar Rachim is the current CEO of Avgol.

How many employees does Avgol have?

As of Oct 31, 2024, the latest employee count at Avgol is 59.

What is the annual revenue of Avgol?

Annual revenue of Avgol is $356.49M as on Dec 31, 2024.

What does Avgol do?

Avgol, based in Tel Aviv, focuses on producing consumer products, baby kids products, and multi-category. Manufacturer of hygiene related products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

What products or services does Avgol offer?

Avgol offers Spunmelt Nonwoven Fabrics and Functional Materials.

Who are Avgol's investors?

Avgol has 2 investors. Key investors include Indroma Ventures, and European Union.

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