About Bright Power
Bright Power is a company based in Mumbai (India) founded in 1994 was acquired by Texmaco Rail & Engineering in January 2016. It operates as a Professional Services. Bright Power offers products and services including Overhead Equipment for Railway Traction and Traction Substation Commissioning.
- Headquarter Mumbai, India
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name Bright Power Projects (India) Pvt. Ltd.
- Date of Incorporation 10 Jan, 1994
- Jurisdiction Belgharia, West Bengal, India
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Annual Revenue
$31.12 M (USD)20.9as on Mar 31, 2018
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Net Profit
$1.75 M (USD)77.72as on Mar 31, 2018
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EBITDA
$4.76 M (USD)66.45as on Mar 31, 2018
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Texmaco Rail & Engineering
(Jan 13, 2016)
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Products & Services of Bright Power
Bright Power offers a comprehensive portfolio of products and services, including Overhead Equipment for Railway Traction and Traction Substation Commissioning. 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.
Overhead equipment is designed and installed for railways.
Traction substations are constructed for power distribution needs.
Funding Insights of Bright Power
| 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 Bright Power
Bright Power has secured backing from 1 investor. Prominent investors backing the company include Texmaco Rail & Engineering. 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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Railway wagons, coaches, and infrastructure equipment are manufactured.
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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 Bright Power
| 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 - Bright Power
| 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 |
Bright Power Comparisons
Competitors of Bright Power
| 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 Bright Power
When was Bright Power founded?
Bright Power was founded in 1994.
Where is Bright Power located?
Bright Power is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
What is the annual revenue of Bright Power?
Annual revenue of Bright Power is $31.12M as on Mar 31, 2018.
What does Bright Power do?
Bright Power Projects (India) Pvt. Ltd. is involved in the design, supply, construction, installation, testing, and commissioning of turnkey projects. Services are provided for railway traction overhead equipment and traction substations across various capacities. The company operates in sectors like power utilities, industrial projects, petrochemicals, pharmaceuticals, railways, infrastructure, and electrification of high-rise buildings. Solutions are offered through a dedicated team specializing in instrumentation and automation, adhering to the motto of concept to commissioning.
What products or services does Bright Power offer?
Bright Power offers Overhead Equipment for Railway Traction and Traction Substation Commissioning.
Who are Bright Power's investors?
Bright Power has 1 investor. Key investors include Texmaco Rail & Engineering.