About CIEL
CIEL is a company based in Ebene (Mauritius) founded in 1912 was acquired by Adenia Partners in July 2013. It operates as a Professional Services, Direct-to-Consumer (D2C), and B2B2C. CIEL has raised $38.43 million across 4 funding rounds from investors including Groupe FFP, Amethis and Adenia. CIEL has completed 2 acquisitions, including Aargee Staffing Services and Courseplay. CIEL offers products and services including CIEL Textile, CIEL Finance, CIEL Healthcare, CIEL Hotels & Resorts, and CIEL Properties.
- Headquarter Ebene, Mauritius
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Sectors
Industrial Goods & ManufacturingFinancial Services Healthcare Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ciel Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$38.43 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Groupe FFP
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Aargee Staffing Services
& 1 more
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Acquired by
Adenia Partners
(Jul 01, 2013)
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Products & Services of CIEL
CIEL offers a comprehensive portfolio of products and services, including CIEL Textile, CIEL Finance, CIEL Healthcare, CIEL Hotels & Resorts, and CIEL Properties. 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.
Textile operations are managed across multiple countries globally.
Banking and financial services are provided in various regions.
Healthcare facilities are operated in Mauritius and Uganda.
Hospitality services are offered through multiple luxury resorts.
Real estate assets are managed within Mauritius region.
Agro-industry operations are focused on sugar production.
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Funding Insights of CIEL
CIEL has successfully raised a total of $38.43M across 4 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 4
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Private Equity Round - CIEL | Valuation |
investors |
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| Feb, 2015 | Amount | Private Equity Round - CIEL | Valuation |
investors |
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| Jun, 2014 | Amount | Private Equity Round - CIEL | 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 CIEL
CIEL has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Groupe FFP, Amethis and Adenia. 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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Founded Year | Domain | Location | |
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Private equity investments are managed by a French firm.
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Founded Year | Domain | Location | |
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Private equity investments in African companies for sustainable growth and impact.
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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 CIEL
CIEL has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aargee Staffing Services and Courseplay. 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
|
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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A cloud-based LMS platform is utilized for multi-industry employee development.
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2012 | ||||
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HR recruitment services are provided to various clients.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CIEL
| 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 |
Ciel Comparisons
Competitors of CIEL
| 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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Latest news on Ciel
Frequently Asked Questions about CIEL
When was CIEL founded?
CIEL was founded in 1912 and raised its 1st funding round 98 years after it was founded.
Where is CIEL located?
CIEL is headquartered in Ebene, Mauritius. It is registered at Ebene, Plaines Wilhems, Mauritius.
Is CIEL a funded company?
CIEL is a funded company, having raised a total of $38.43M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $19.43M, raised on Feb 01, 2010.
What does CIEL do?
CIEL, founded in 1912, is a diversified conglomerate based in Mauritius. Operations are conducted across six strategic sectors including textile, finance, healthcare, hospitality, property, and agro-industry. The group is active in over ten countries across Africa and Southeast Asia. Solutions are provided through subsidiaries like CIEL Textile, CIEL Finance, and CIEL Healthcare. Significant revenue is earned in foreign currencies such as USD, GBP, and EUR. The company is listed on the Stock Exchange of Mauritius and the SEM Sustainability Index.
What products or services does CIEL offer?
CIEL offers CIEL Textile, CIEL Finance, CIEL Healthcare, CIEL Hotels & Resorts, and 2 more products and services.
How many acquisitions has CIEL made?
CIEL has made 2 acquisitions, including Aargee Staffing Services, and Courseplay.
Who are CIEL's investors?
CIEL has 3 investors. Key investors include Groupe FFP, Amethis, and Adenia.
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