About Derit Infrastructure
Derit Infrastructure is a company based in Mumbai (India) founded in 2017 was acquired by Valmont in August 2018.. The company has 58 employees as of April 07, 2024.
- Headquarter Mumbai, India
- Employees 58 as on 07 Apr, 2024
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name Derit Infrastructure Private Limited
- Date of Incorporation 08 Jun, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$841.16 K (USD)13.9as on Mar 31, 2023
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Net Profit
$12.81 K (USD)-96.91as on Mar 31, 2023
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EBITDA
$-262.83 K (USD)-70.52as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
58
as on Apr 07, 2024
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Acquired by
Valmont
(Aug 01, 2018)
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Funding Insights of Derit Infrastructure
| 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 Derit Infrastructure
Derit Infrastructure has secured backing from 1 investor. Prominent investors backing the company include Valmont Industries. 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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Real estate properties and electricity products are developed by Valmont.
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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 Derit Infrastructure
| 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 - Derit Infrastructure
| 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 |
Derit Infrastructure Comparisons
Competitors of Derit Infrastructure
| 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 Derit Infrastructure
Frequently Asked Questions about Derit Infrastructure
When was Derit Infrastructure founded?
Derit Infrastructure was founded in 2017.
Where is Derit Infrastructure located?
Derit Infrastructure is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Derit Infrastructure?
Jitendra vir singh is the current CEO of Derit Infrastructure.
How many employees does Derit Infrastructure have?
As of Apr 07, 2024, the latest employee count at Derit Infrastructure is 58.
What is the annual revenue of Derit Infrastructure?
Annual revenue of Derit Infrastructure is $841.16K as on Mar 31, 2023.
What does Derit Infrastructure do?
Derit Infrastructure was established in 2017 and is headquartered in Mumbai, India. Focus is placed on the development of electricity transmission utility projects within the infrastructure sector. Operations involve planning and execution of transmission networks to support power distribution. Services are tailored to utility requirements, with activities centered in the Indian market. Key leadership includes the CEO, whose details are recorded in official registries.
Who are Derit Infrastructure's investors?
Derit Infrastructure has 1 investor. Key investors include Valmont Industries.
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