Axiom Cordages

Mumbai, India Founded: 1999 • Age: 27 yrs
Synthetic fiber ropes and cordages are manufactured for industrial applications.
Annual revenue $17.1M Latest available
Total funding $15.2M 3 rounds
Employees 44 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Axiom Cordages

Axiom Cordages is a company based in Mumbai (India) founded in 1999. It operates as a Reseller / Distribution and Direct-to-Consumer (D2C). Axiom Cordages has raised $15.18 million across 3 funding rounds from investors including FMO, BanyanTree Finance and Fossebridge. The company has 44 employees as of April 05, 2024. Axiom Cordages offers products and services including Polypropylene Ropes, Polysteel Ropes, and Mooring Tails/Slings.

  • Headquarter Mumbai, India
  • Employees 44 as on 05 Apr, 2024
  • Stage Minicorn
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Axiom Cordages Limited
  • Date of Incorporation 15 Apr, 1999
  • Jurisdiction Thane, Maharashtra, India
Operational Areas
Industrial Goods & Manufacturing → Textile & Apparel Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $17.09 M (USD)
    15.37
    as on Mar 31, 2023
  • Net Profit
    $234.94 K (USD)
    -80.1
    as on Mar 31, 2023
  • EBITDA
    $93.18 K (USD)
    -92.47
    as on Mar 31, 2023
  • Total Equity Funding
    $15.18 M (USD)

    in 3 rounds

  • Latest Funding Round
    $15.18 M (USD), Unspecified

    Aug 08, 2013

  • Investors
    FMO

    & 2 more

  • Employee Count
    44

    as on Apr 05, 2024

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Products & Services of Axiom Cordages

Axiom Cordages offers a comprehensive portfolio of products and services, including Polypropylene Ropes, Polysteel Ropes, and Mooring Tails/Slings.

Product name locked
Category locked
Primary

Synthetic ropes made from polypropylene for various applications.

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High-strength polysteel ropes used in mooring and shipping.

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Mooring tails and slings for secure fastening applications.

Funding Insights of Axiom Cordages

Axiom Cordages has successfully raised a total of $15.18M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $15.18 million completed in August 2013. 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.

Investors in Axiom Cordages

Axiom Cordages has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include FMO, BanyanTree Finance and Fossebridge.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Development financing is provided for entrepreneurial ventures in emerging markets.
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Investment firm engaging in diverse sector partnerships in India.
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Investments & Acquisitions by Axiom Cordages

Investments
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Financial Statements - Axiom Cordages

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Axiom Cordages Comparisons

Axiom Cordages Primary company
Description
Synthetic fiber ropes and cordages are manufactured for indu...
Location
Mumbai, India
Founded Year
1999
Annual Revenue
$17.09 M (USD)
Net Profit
$234.94 K (USD)
EBITDA
$93.18 K (USD)
Employees
44
As of 2024
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Competitors of Axiom Cordages

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Latest news on Axiom Cordages

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Frequently Asked Questions about Axiom Cordages

Axiom Cordages was founded in 1999 and raised its 1st funding round 9 years after it was founded.

Axiom Cordages is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Mehul Vala is the current CEO of Axiom Cordages.

Axiom Cordages is a funded company, having raised a total of $15.18M across 3 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Axiom Cordages is 44.

Annual revenue of Axiom Cordages is $17.09M as on Mar 31, 2023.

Axiom Cordages is involved in the production of synthetic fiber ropes and cordages, serving industries such as shipping, mooring, fishing, telecom, and oil rigs. With over 30 years of experience, the company is recognized for consistent quality and innovation in rope manufacturing. Operations are based in India, with a strategic location near Mumbai port for efficient logistics. A wide range of products, including polypropylene, polysteel, and nylon ropes, are offered to meet diverse industrial needs. Global reach is established through exports to over 50 countries, supported by a focus on RD and adherence to international quality standards.

Axiom Cordages offers Polypropylene Ropes, Polysteel Ropes, and Mooring Tails/Slings.

Axiom Cordages has 3 investors. Key investors include FMO, BanyanTree Finance, and Fossebridge.

The valuation of Axiom Cordages is $42.21M as of Aug 2013.

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