About Axles India
Axles India is a company based in Chennai (India) founded in 1982. It operates as a B2B2C. Axles India has raised $13 million across 1 funding round from investors including Dana. The company has 999 employees as of April 03, 2024. Axles India offers products and services including Axle Housings. Axles India operates in a competitive market with competitors including Dana, Happy Forgings, Gates, Ricardo and Divgi TorqTransfer Systems, among others.
- Headquarter Chennai, India
- Employees 999 as on 03 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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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 Axles India Limited
- Date of Incorporation 18 Feb, 1981
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$89.69 M (USD)30.32as on Mar 31, 2023
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Net Profit
$6.33 M (USD)55.6as on Mar 31, 2023
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EBITDA
$10.14 M (USD)57.63as on Mar 31, 2023
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Total Equity Funding
$13 M (USD)
in 1 rounds
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Latest Funding Round
$13 M (USD), Series B
Apr 26, 2011
- Investors
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Employee Count
999
as on Apr 03, 2024
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Products & Services of Axles India
Axles India offers a comprehensive portfolio of products and services, including Axle Housings.
Axle housings are manufactured for commercial vehicles.
People of Axles India
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Funding Insights of Axles India
Axles India has successfully raised a total of $13M through 1 strategic funding round. The most recent funding activity was a Series B round of $13 million completed in April 2011. 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 Axles India
Axles India has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dana.
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Driveline technologies and components for electrified light vehicles are supplied.
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Investor details for Axles India
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Investments & Acquisitions by Axles India
Investment portfolio details for Axles India
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Financial Statements - Axles India
Detailed financials for Axles India
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Axles India Comparisons
Peer comparison for Axles India
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Competitors of Axles India
Axles India 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 Dana, Happy Forgings, Gates, Ricardo and Divgi TorqTransfer Systems, among others.
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Driveline technologies and components for electrified light vehicles are supplied.
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Drive transmission components are manufactured and supplied.
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Transmission components are manufactured and supplied to the aftermarket.
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Drive transmission components are manufactured and supplied to OEMs.
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Automotive transmission systems are manufactured and supplied to OEMs.
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Timing drive systems and gear parts for automobile manufacturers
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Detailed competitors of Axles India
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Latest news on Axles India
Complete news archive for Axles India
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Frequently Asked Questions about Axles India
Axles India was founded in 1982 and raised its 1st funding round 29 years after it was founded.
Axles India is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Axles India is a funded company, having raised a total of $13M across 1 funding round to date.
As of Apr 03, 2024, the latest employee count at Axles India is 999.
Annual revenue of Axles India is $89.69M as on Mar 31, 2023.
Axles India Limited is involved in the production of axle housings for a wide range of light, medium, and heavy commercial vehicles. The company operates as a joint venture between Wheels India Limited and Sundaram Finance Holdings Limited. Its expertise is built on decades of experience in the automotive sector, focusing on delivering components for commercial vehicle manufacturers. Operations are supported through facilities in multiple locations across India.
Axles India's top competitors include Happy Forgings, Gates and Dana.
Axles India offers Axle Housings.
Axles India has 1 investor. Key investors include Dana.