About Danish Steel Clusters
Danish Steel Clusters is a company based in Bengaluru (India) founded in 2004 was acquired by Sicagen in September 2016.. Danish Steel Clusters has raised $1.08 million across 2 funding rounds from investors including Sicagen and IFU. The company has 2 employees as of April 09, 2024.
- Headquarter Bengaluru, India
- Employees 2 as on 09 Apr, 2024
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Phone
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Website
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Social
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- Legal Name Danish Steel Cluster Private Limited
- Date of Incorporation 16 Jan, 2004
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$66.92 K (USD)-90.83as on Mar 31, 2023
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Net Profit
$-2.15 K (USD)99.73as on Mar 31, 2023
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EBITDA
$-55.74 K (USD)-249.79as on Mar 31, 2023
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Total Equity Funding
$1.08 M (USD)
in 2 rounds
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Latest Funding Round
$1.08 M (USD), Seed
Jun 01, 2004
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Investors
Sicagen
& 1 more
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Employee Count
2
as on Apr 09, 2024
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Acquired by
Sicagen
(Sep 12, 2016)
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Funding Insights of Danish Steel Clusters
Danish Steel Clusters has successfully raised a total of $1.08M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.08 million completed in June 2004. 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 2
- Last Round Seed — $1.1M
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First Round
First Round
(01 Jun 2004)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2004 | Amount | Debt – Conventional - Danish Steel Clusters | Valuation |
investors |
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| Jun, 2004 | Amount | Seed - Danish Steel Clusters | Valuation | IFU |
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| 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 Danish Steel Clusters
Danish Steel Clusters has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Sicagen and IFU. 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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Private equity investment firm
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Founded Year | Domain | Location | |
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Industrial packaging, shipbuilding, and infrastructure services are provided.
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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 Danish Steel Clusters
| 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.
|
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 - Danish Steel Clusters
| 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 |
Danish Steel Clusters Comparisons
Competitors of Danish Steel Clusters
| 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 Danish Steel Clusters
Frequently Asked Questions about Danish Steel Clusters
When was Danish Steel Clusters founded?
Danish Steel Clusters was founded in 2004.
Where is Danish Steel Clusters located?
Danish Steel Clusters is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Danish Steel Clusters a funded company?
Danish Steel Clusters is a funded company, having raised a total of $1.08M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.25M, raised on Jun 01, 2004.
How many employees does Danish Steel Clusters have?
As of Apr 09, 2024, the latest employee count at Danish Steel Clusters is 2.
What is the annual revenue of Danish Steel Clusters?
Annual revenue of Danish Steel Clusters is $66.92K as on Mar 31, 2023.
What does Danish Steel Clusters do?
Danish Steel Clusters was founded in 2004 and is based in Bengaluru, India. Metal fabrication services are provided for the HVAC sector, with structures customized to client specifications. Operations extend to industries such as wind energy, transportation including metro and railways, clinical equipment, food processing machinery, retail shop fitting, and general engineering applications. The facility is certified under ISO 9001-2008 standards.