About BITZER
BITZER is a company based in Sindelfingen (Germany) founded in 1934.. The company has 57 employees as of April 08, 2024. BITZER has completed 5 acquisitions, including BPOWER, ElectraTherm and OJ.
- Headquarter Sindelfingen, Germany
- Employees 57 as on 08 Apr, 2024
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Sectors
Industrial Goods & Manufacturing
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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 Bitzer India Private Limited
- Date of Incorporation 15 Jun, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$9.11 M (USD)22.38as on Mar 31, 2023
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Net Profit
$1.56 M (USD)19.78as on Mar 31, 2023
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EBITDA
$2.16 M (USD)21.77as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
57
as on Apr 08, 2024
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Investments & Acquisitions
BPOWER
& 4 more
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Sales and Marketing
14 people
Software Development Team
8 people
Leadership Team
4 people
Human Resources and Administration
3 people
Finance and Accounting
3 people
Direktor Team
1 people
Market Team
1 people
Data Analysis and Operations Team
1 people
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Funding Insights of BITZER
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Grant - BITZER | Valuation |
investors |
| 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 BITZER
BITZER has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 BITZER
BITZER has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include BPOWER, ElectraTherm and OJ. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Comprehensive solutions for turnkey power stations are provided worldwide.
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2009 | ||||
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Waste heat to power generation systems
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2005 | ||||
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Industrial refrigeration and energy efficiency services are provided globally.
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1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BITZER
| 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 |
Bitzer Comparisons
Competitors of BITZER
| 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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Frequently Asked Questions about BITZER
When was BITZER founded?
BITZER was founded in 1934 and raised its 1st funding round 82 years after it was founded.
Where is BITZER located?
BITZER is headquartered in Sindelfingen, Germany. It is registered at Sindelfingen, Baden-wurttemberg, Germany.
Who is the current CEO of BITZER?
Christian Wehrle is the current CEO of BITZER.
How many employees does BITZER have?
As of Apr 08, 2024, the latest employee count at BITZER is 57.
What is the annual revenue of BITZER?
Annual revenue of BITZER is $9.11M as on Mar 31, 2023.
What does BITZER do?
BITZER was established in 1934 in Sindelfingen, Germany, as a manufacturer in the refrigeration and air conditioning sector. Piston, screw, and scroll compressors are produced and distributed by the company to support cooling systems worldwide. Operations are based in Germany, with international outreach facilitated through the domain bitzer.de. Leadership is held by CEO Christian Wehrle, overseeing production and supply activities.
How many acquisitions has BITZER made?
BITZER has made 5 acquisitions, including BPOWER, ElectraTherm, and OJ.
Who are BITZER's investors?
BITZER has 1 investor. Key investors include European Union.