About CastNX
CastNX is a company based in India founded in 2020 by Sunita Tamboli. It operates as a Direct-to-Consumer (D2C) and B2B2C. CastNX has raised $2.76 million across 1 funding round from investors including Plutus Wealth and Arpit Khandelwal. The company has 25 employees. CastNX offers products and services including EmotionX Variable Frequency Drives, SynergyX, ElectronX, SunwaveX, and OrbiterX. CastNX operates in a competitive market with competitors including Foxconn Electronics, Celestica, Flex, Huaqin and Dixon Technologies, among others.
- Headquarter India
- Employees 25
- Founders Sunita Tamboli
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website castnx.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Castnx Private Limited
- Date of Incorporation 24 Jul, 2020
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹4.39 Cr
FY 2025 · +41% YoY
- Net Loss-₹8.4 Lakh
FY 2025 · -2% margin
- EBITDA₹27 Lakh
FY 2025 · 6% margin
- Total Equity Funding$2.76M (USD)
in 1 rounds
- Latest Funding Round$2.76M (USD), Seed
Oct 2024
- InvestorsPlutus Wealth
& 1 more
- Employee Count25
Associated legal entities of CastNX
CastNX operates through Castnx Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Castnx Private Limited CIN U27100MP2020PTC051984 | Active | 24 Jul 2020 | Indore, Madhya Pradesh | ₹4.4 Cr | 25 | 3 | View details |
Products & Services of CastNX
CastNX offers a comprehensive portfolio of products and services, including EmotionX Variable Frequency Drives, SynergyX, ElectronX, SunwaveX, and OrbiterX.
Advanced drives are provided for industrial speed control.
Innovative solutions are offered for power management systems.
Efficient devices are designed for energy conversion needs.
Sustainable products are developed for renewable energy applications.
Cutting-edge technology is integrated into power control systems.
Apps and channels of CastNX
its YouTube channel CastNX has 35 subscribers.
Funding Insights of CastNX
CastNX has successfully raised a total of $2.76M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.76 million completed in October 2024. 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 $2.76M
- Total Rounds 1
- Last Round Seed — $2.76M
- First Round $2.76M
(Oct 2024)
- Investors Count 2
All 1 funding rounds of CastNX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $2.76M | Seed | – | – |
2 investors in total: 1 institutional and 1 angel.
Investors in CastNX
CastNX has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Plutus Wealth and Arpit Khandelwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed across multiple sectors. | – | plutuswealth.in | Ahmedabad, India | |
AK Arpit Khandelwal | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_672c7354f4ed49218 | - |
Investor details for CastNX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Castnx Private Limited (CastNX)
Castnx Private Limited is the primary company behind CastNX. The board of Castnx Private Limited currently have 2 directors; the longest-serving is Sunita Tamboli, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunita Tamboli DIN 08807840 | Director | 24 Jul 2020 | 6 yrs 2 mo | Castnx Private Limited |
| Nikhil Godika DIN 09079354 | Director | 30 Aug 2024 | 2 yrs 1 mo | Castnx Private Limited |
People of CastNX
2 people are tracked at CastNX (2 in leadership); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Manoj Modi | CEO & Managing Director | Leadership |
Complete people profiles for CastNX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of CastNX
Figures of Castnx Private Limited, the primary company behind CastNX, for FY 2025. Revenue was ₹4.39 Cr (+41% year on year). Net loss was -₹8.4 Lakh (-2% margin). EBITDA was ₹27 Lakh (6% margin). Revenue has grown at a compounded annual rate of +56% over three years.
- ₹4.39 CrRevenue · FY 2025 · +41% YoY
- -₹8.4 LakhNet loss · -2% margin
- ₹27 LakhEBITDA · 6% margin
- ₹21.01 CrPaid-up capital
- 25Employees (provident fund records)
- +56%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Castnx Private Limited are on its company page.
Detailed financial statements for CastNX
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of CastNX
2 dated milestones of CastNX across 4 years, from founding to its latest funding, stage changes and deals.
- Founded CastNX is founded.
- Funding First funding round of $2.8M.
Competitors of CastNX
CastNX 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 Foxconn Electronics, Celestica, Flex, Huaqin and Dixon Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| foxconn.com | 1974 | Taipei, Taiwan | – | 12,716 | Electronic products and components are manufactured globally by Foxconn. | |
| celestica.com | 1994 | Toronto, Canada | – | 904 | End-to-end product lifecycle solutions and services | |
| flex.com | 1969 | San Jose, United States | – | 148,000 | Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | |
| huaqin.com | 2005 | Pudong, China | $431.15M | – | Smart hardware and vehicle electronics are manufactured on contract. | |
| dixoninfo.com | 1993 | Noida, India | $9.32M | 1,565 | Electronics manufacturing services are provided for consumer and home products. | |
| global.sharp | 1912 | Sakai, Japan | – | – | Electronics are manufactured under contract for global clients. | |
| wistron.com | 2001 | Taipei, Taiwan | – | 83,278 | Communication technology products and services are provided globally by Wistron. | |
| sanmina.com | 1980 | Guadalajara, Mexico | – | 2 | Manufacturer and supplier of electrical and electronic components to OEMs and aftermarket |
Detailed competitors of CastNX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of CastNX
The website of CastNX (castnx.com) receives about 3K visits a month.
- Monthly visits3K
▲ 120.8% vs previous month
Latest news on Castnx
Complete news archive for CastNX
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to CastNX
10 companies that operate in the same segment as CastNX (Electronic Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | – | USD 24.95 B | 74 | |
Diverse semiconductor manufacturers | 1987 | Geneve, Geneve, Switzerland | – | USD 12.29 B | 49,600 | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | Taipei, Taiwan | – | – | 12,716 | |
Provider of ODM plus solutions for diverse industries | 1990 | Kochi, Kerala, India | USD 119.5 M | USD 253.11 M | 2,400 | |
Integrated electronics manufacturing and IoT solutions are delivered across industries. | 2008 | Mysuru, Karnataka, India | USD 22.44 M | USD 386.47 M | 3,850 | |
Manufacturer of diodes, rectifiers, semiconductors, and passive components | 1962 | Guildford, United Kingdom | – | USD 3.07 B | 22,700 | |
Communication equipment manufacturer | 1938 | Lisle, Illinois, United States | – | – | – | |
Electronic components and embedded technologies are distributed globally. | 1921 | Phoenix, Arizona, United States | – | USD 27.63 B | 14,870 | |
Electronics manufacturing services are provided for consumer and home products. | 1993 | Noida, Uttar Pradesh, India | USD 9.32 M | USD 5.17 B | 8,890 | |
Mobile device management solutions are delivered to enterprises securely. | 2003 | Atlanta, Georgia, United States | USD 225 M | USD 11.12 M | 356 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about CastNX
CastNX was founded in 2020 and raised its 1st funding round 4 years after it was founded.
CastNX is headquartered in India.
Manoj Modi is the current CEO of CastNX.
CastNX is a funded company, having raised a total of $2.76M across 1 funding round to date. The company's 1st funding round was a Seed of $2.76M, raised on Oct 2024.
CastNX has 25 employees.
The primary company behind CastNX, Castnx Private Limited, reported revenue of ₹4.39 Cr for FY 2025, up 41% year on year.
CastNX Private Limited is involved in the development of advanced power electronics and sustainable technology solutions. The company operates across multiple sectors including machinery manufacturing, automotive, power utilities, and renewable energy. Products such as variable frequency drives, inverters, and power converters are designed to meet industrial and commercial needs. Customized solutions are provided for compressors, pumps, fans, and renewable energy applications. Innovation is focused on facilitating a transition to a low-carbon society through state-of-the-art technology.
CastNX's top competitors include Flex, Foxconn Electronics and Huaqin.
CastNX offers EmotionX Variable Frequency Drives, SynergyX, ElectronX, SunwaveX, and OrbiterX.
CastNX has 2 investors. Key investors include Plutus Wealth, and Arpit Khandelwal.
CastNX operates through Castnx Private Limited.
The legal entities of CastNX currently have 3 directors, including Sunita Tamboli, Bhavana Singh Chaudhary, Nikhil Godika.