About Cyient
Cyient is a company based in Vaasa (Finland) founded in 1984 was acquired by Cyient in April 2022. It operates as a Professional Services, and Managed Services. The company has 12,464 employees as of April 06, 2024. Cyient has completed 3 acquisitions, including Akilea Engineering, M7 Group and M7 Offshore. Cyient offers products and services including Intelligent Engineering, Product Engineering, Plant Engineering, and Network Engineering.
- Headquarter Vaasa, Finland
- Employees 12464 as on 06 Apr, 2024
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Sectors
Real Estate & ConstructionTechnology Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Cyient Ltd.
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$842.65 M (USD)18.3as on Mar 31, 2024
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Net Profit
$82.1 M (USD)36.63as on Mar 31, 2024
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EBITDA
$152.2 M (USD)29.88as on Mar 31, 2024
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Latest Funding Round
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Investors
Cyient
& 1 more
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Employee Count
12464
as on Apr 06, 2024
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Investments & Acquisitions
Akilea Engineering
& 2 more
- Acquired by
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Products & Services of Cyient
Cyient offers a comprehensive portfolio of products and services, including Intelligent Engineering, Product Engineering, Plant Engineering, and Network Engineering. 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.
Engineering solutions are provided for digital and sustainable industries.
Product lifecycle solutions are delivered from design to aftermarket.
Plant lifecycle management is supported for operational excellence.
Network solutions are offered for design and operations management.
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Funding Insights of Cyient
| 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 Cyient
Cyient has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Cyient and Sentica. 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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Sentica is engaged in private equity investments in Finland.
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Founded Year | Domain | Location | |
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Provider of digital engineering and technology services
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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 Cyient
Cyient has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Akilea Engineering, M7 Group and M7 Offshore. 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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Satellite service provider in Luxembourg
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2009 | ||||
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Provider of power generation and oil & gas projects development services
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2008 | ||||
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Management and engineering services for oil and gas are provided.
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| 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 - Cyient
| 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 |
Cyient Comparisons
Competitors of Cyient
| 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 Cyient
When was Cyient founded?
Cyient was founded in 1984.
Where is Cyient located?
Cyient is headquartered in Vaasa, Finland.
How many employees does Cyient have?
As of Apr 06, 2024, the latest employee count at Cyient is 12,464.
What is the annual revenue of Cyient?
Annual revenue of Cyient is $842.65M as on Mar 31, 2024.
What does Cyient do?
Intelligent engineering solutions are provided by Cyient across products, plants, and networks. Expertise in engineering is combined with advanced technologies like AI, data analytics, cloud computing, and 5G to enable digital operations. Autonomous products and platforms are developed, alongside sustainable energy and infrastructure solutions. Services span multiple sectors including aerospace, automotive, energy, healthcare, and communications. Critical problems are solved with precision, focusing on smart operations, digital healthcare, and sustainability. A global presence is maintained with offices in various regions to support diverse industries.
What products or services does Cyient offer?
Cyient offers Intelligent Engineering, Product Engineering, Plant Engineering, and Network Engineering.
How many acquisitions has Cyient made?
Cyient has made 3 acquisitions, including Akilea Engineering, M7 Group, and M7 Offshore.
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