About AZAD
AZAD is a company based in Hyderabad (India) founded in 2008 by Rakesh Chopdar.. AZAD has raised $29.02 million across 5 funding rounds from investors including DMI Finance, Piramal Group and Sparkle Fund. The company has 1,800 employees as of March 31, 2024.
- Headquarter Hyderabad, India
- Employees 1800 as on 31 Mar, 2024
- Founders Rakesh Chopdar
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Azad Engineering Limited
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Annual Revenue
$53.04 M (USD)33.97as on Mar 31, 2024
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Net Profit
$10.2 M (USD)49.06as on Mar 31, 2024
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EBITDA
$18.57 M (USD)37.85as on Mar 31, 2024
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Total Equity Funding
$29.02 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
DMI Finance
& 16 more
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Employee Count
1800
as on Mar 31, 2024
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IPO & Listings of AZAD
AZAD is a publicly listed company on the NSE with ticker symbol AZAD in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of AZAD
AZAD has successfully raised a total of $29.02M across 5 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(30 Mar 2009)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - AZAD | Valuation |
investors |
|
| Oct, 2022 | Amount | Series A - AZAD | Valuation | Vivek Mundra , Vivek Mundra | |
| Aug, 2022 | Amount | Series A - AZAD | Valuation | Piramal Credit Fund , Piramal Group |
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| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AZAD
AZAD has secured backing from 17 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include DMI Finance, Piramal Group and Sparkle Fund. 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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Private equity investments are made across multiple sectors.
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Founded Year | Domain | Location | |
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Investment in technology solutions for finance sectors such as lending and insurance.
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Founded Year | Domain | Location | |
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Provides financing, advisory, and support for acquisitions and growth initiatives.
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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.
|
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 AZAD
| 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 - AZAD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Azad Comparisons
Competitors of AZAD
| 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.
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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 Azad
Frequently Asked Questions about AZAD
When was AZAD founded?
AZAD was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is AZAD located?
AZAD is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is AZAD a funded company?
AZAD is a funded company, having raised a total of $29.02M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.01M, raised on Mar 30, 2009.
How many employees does AZAD have?
As of Mar 31, 2024, the latest employee count at AZAD is 1,800.
What is the annual revenue of AZAD?
Annual revenue of AZAD is $53.04M as on Mar 31, 2024.
What does AZAD do?
AZAD was established in 2008 in Hyderabad, India, as a manufacturer focused on the aerospace sector. Forged and machined parts, such as rotating and stationary gas turbine compressor blades, engine components, shrouds, cross-fire tubes, fasteners, and hardware, are produced. Operations emphasize precision engineering for gas turbine applications, supporting industry needs in aviation and related fields.
Is AZAD publicly traded?
Yes, AZAD is publicly traded on NSE under the ticker symbol AZAD.
Who are AZAD's investors?
AZAD has 17 investors. Key investors include DMI Finance, Piramal Group, Sparkle Fund, Sachin Tendulkar, and Plutus Capital Partners.
What is AZAD's ticker symbol?
The ticker symbol of AZAD is AZAD on NSE.
What is AZAD's valuation?
The valuation of AZAD is $123.96M as of Oct 2022.