Elit

Founded: 1997 • Age: 29 yrs Acquired By Cenika
Voltage testers, earth spears, ground rails, and insulators are manufactured.

About Elit

Elit is a company founded in 1997 was acquired by Cenika in July 2017. It operates as a Reseller / Distribution. Elit offers products and services including Measuring Instruments, Grounding Materials, and Surge Protection.

  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Elit As
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Cenika

    (Jul 21, 2017)

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Products & Services of Elit

Elit offers a comprehensive portfolio of products and services, including Measuring Instruments, Grounding Materials, and Surge Protection. 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.

Primary

Tools for precise measurement of electrical parameters offered.

Materials for safe grounding systems are provided here.

Devices for protecting equipment from voltage surges supplied.

Funding Insights of Elit

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Elit

Elit has secured backing from 1 investor. Prominent investors backing the company include Cenika. 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.

All
Investor Description Founded Year Domain Location
Electrical and heating system components and solutions are supplied.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Elit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Elit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Elit Comparisons

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Competitors of Elit

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Elit

Frequently Asked Questions about Elit

When was Elit founded?

Elit was founded in 1997.

What does Elit do?

Elit AS is involved in the distribution of electrical tools, grounding materials, surge protection devices, and related equipment. The company serves sectors such as electrical installation, maintenance, and renewable energy. Solutions are provided for professionals needing reliable measuring instruments, safety materials, and technical support through courses and expert articles. Operations are based in Norway with a focus on quality and precision in challenging environments like marine research and industrial applications.

What products or services does Elit offer?

Elit offers Measuring Instruments, Grounding Materials, and Surge Protection.

Who are Elit's investors?

Elit has 1 investor. Key investors include Cenika.

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