About Elica India
Elica India is a company based in Pune (India) founded in 2010 by Ermanno Casoli was acquired by Whirlpool USA in September 2021. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 620 employees as of March 10, 2025. Elica India offers products and services including Kitchen Chimneys, Built-In Hobs, and Built-In Ovens.
- Headquarter Pune, India
- Employees 620 as on 10 Mar, 2025
- Founders Ermanno Casoli
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Elica Pb Whirlpool Kitchen Appliances Private Limited
- Date of Incorporation 16 Apr, 2010
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$59.57 M (USD)34.6as on Mar 31, 2024
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Net Profit
$7.75 M (USD)52.86as on Mar 31, 2024
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EBITDA
$10.6 M (USD)39.35as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
620
as on Mar 10, 2025
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Acquired by
Whirlpool USA
(Sep 27, 2021)
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Products & Services of Elica India
Elica India offers a comprehensive portfolio of products and services, including Kitchen Chimneys, Built-In Hobs, and Built-In Ovens. 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.
Kitchen chimneys are offered for smoke extraction solutions.
Built-in hobs are provided for efficient cooking needs.
Built-in ovens are designed for modern kitchen baking.
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Funding Insights of Elica 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 Elica India
Elica India has secured backing from 1 investor. Prominent investors backing the company include Whirlpool USA. 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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Home appliances are manufactured and retailed by Whirlpool USA.
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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 Elica 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 - Elica 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 |
Elica India Comparisons
Competitors of Elica India
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Elica India
When was Elica India founded?
Elica India was founded in 2010.
Where is Elica India located?
Elica India is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does Elica India have?
As of Mar 10, 2025, the latest employee count at Elica India is 620.
What is the annual revenue of Elica India?
Annual revenue of Elica India is $59.57M as on Mar 31, 2024.
What does Elica India do?
Elica India, a subsidiary of a globally recognized brand, is focused on delivering a wide range of kitchen appliances including chimneys, hobs, ovens, and dishwashers. The company operates within the household appliances sector, catering to modern kitchen needs with innovative and stylish designs. Solutions are tailored for both built-in and free-standing appliance categories, ensuring comprehensive offerings for Indian consumers.
What products or services does Elica India offer?
Elica India offers Kitchen Chimneys, Built-In Hobs, and Built-In Ovens.
Who are Elica India's investors?
Elica India has 1 investor. Key investors include Whirlpool USA.