About DR Axion India
DR Axion India is a company based in Thiruvallur (India) founded in 2023 was acquired by Craftsman Automation in May 2024.. The company has 344 employees as of April 02, 2024. DR Axion India offers products and services including Gravity Die Casting, Low Pressure Die Casting, and Integrated Facility. DR Axion India operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
- Headquarter Thiruvallur, India
- Employees 344 as on 02 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Dr Axion India Private Limited
- Date of Incorporation 27 Dec, 2006
- Jurisdiction Tiruvallur, Tamil Nadu, India
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Annual Revenue
$145.89 M (USD)14.99as on Mar 31, 2024
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Net Profit
$15.99 M (USD)134.55as on Mar 31, 2024
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EBITDA
$27.43 M (USD)61.97as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
344
as on Apr 02, 2024
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Acquired by
Craftsman Automation
(May 14, 2024)
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Products & Services of DR Axion India
DR Axion India offers a comprehensive portfolio of products and services, including Gravity Die Casting, Low Pressure Die Casting, and Integrated Facility. 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.
Produces aluminium components for automotive use with advanced technology.
Creates lightweight structural parts for vehicles efficiently.
Offers end-to-end aluminium casting services for automotive industry.
Funding Insights of DR Axion India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 DR Axion India
DR Axion India has secured backing from 1 investor. Prominent investors backing the company include Craftsman Automation. 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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Industrial components, mould bases, and storage solutions are manufactured globally.
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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 DR Axion India
| 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 - DR Axion India
| 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 |
Dr Axion India Comparisons
Competitors of DR Axion India
DR Axion India 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 Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of gas-powered construction equipment
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Automotive products and services are supplied globally to automakers.
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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Automotive components and systems are manufactured for vehicles.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dr Axion India
Frequently Asked Questions about DR Axion India
When was DR Axion India founded?
DR Axion India was founded in 2023.
Where is DR Axion India located?
DR Axion India is headquartered in Thiruvallur, India. It is registered at Thiruvallur, Tamil Nadu, India.
Who is the current CEO of DR Axion India?
Kim Jong Seob is the current CEO of DR Axion India.
How many employees does DR Axion India have?
As of Apr 02, 2024, the latest employee count at DR Axion India is 344.
What is the annual revenue of DR Axion India?
Annual revenue of DR Axion India is $145.89M as on Mar 31, 2024.
What does DR Axion India do?
DR Axion India was founded in 2023 and is located in Thiruvallur, India. Operations focus on aluminium die casting technology within the automotive sector. A range of products is provided, including engine parts, cylinder blocks and heads, automotive components, as well as gravity and low pressure die casting services. Motor vehicle parts and accessories are also sold through established channels.
Who are the top competitors of DR Axion India?
What products or services does DR Axion India offer?
DR Axion India offers Gravity Die Casting, Low Pressure Die Casting, and Integrated Facility.
Who are DR Axion India's investors?
DR Axion India has 1 investor. Key investors include Craftsman Automation.