About Elite Core
Elite Core is a Telecommunications company based in Ahmedabad (India) founded in 1999 by Nikhil Jain, and was acquired by STL in September 2015. Suite solutions for OSS and BSS are provided by Elitecore. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. Elite Core has raised $10.3 million across 1 funding round from investors including The Carlyle Group and STL Tech. Its chief executive, as recorded, is Nikhil Jain. Its Indian entity Elitecore Technologies Private Limited reported revenue of ₹151 Cr. Elite Core offers products and services including Hand-Built Cables, Racks and Cases, and Power Products. Its focus areas include Technology, Audio Equipment and Professional Audio Solutions.
Company details
Elite Core is involved in the production of hand-built cables, racks, cases, and power distribution products. Operations are focused on the professional audio and entertainment sectors. A wide range of solutions, including Ethernet cables, speaker cables, and custom power systems, are provided for various applications. Equipment protection and stage power products are also offered to support live events and studio environments.
- Headquarters Ahmedabad, India
- Founders Nikhil Jain
- Stage Acquired
- SectorsTelecommunications
- Phone•••• ••••
- Website elitecore.com
- Social LinkedIn Facebook Instagram YouTube
- Acquired by STL (Sep 2015)
- Legal Name Elitecore Technologies Private Limited
- Date of Incorporation 17 Dec, 1999
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹151 Cr
FY 2015 · +14% YoY
- Net Profit₹9.60 Cr
FY 2015 · 6% margin
- EBITDA₹15.65 Cr
FY 2015 · 10% margin
- Total Equity Funding$10.3M (USD)
in 1 rounds
- Latest Funding Round$10.3M (USD), Series A
Jun 2007
- InvestorsThe Carlyle Group
& 1 more
- Acquired bySTL
(Sep 2015)
Associated legal entities of Elite Core
Elite Core is associated with 3 registered companies on The Company Check; the primary company is Elitecore Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2015) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elitecore Technologies Private Limited CIN U72900GJ1999PTC037038 | Amalgamated | 17 Dec 1999 | Ahmedabad, Gujarat | ₹151 Cr | 3 | View details | |
| Sterlite Technologies Limited Listed CIN L31300PN2000PLC202408 | Active | 24 Mar 2000 | Pune, Maharashtra | ₹4,835 Cr | 1,570 | 10 | View details |
| Maharashtra Transmission Communication Infrastructure Limited CIN U64201MH2012PLC234316 | Active | 09 Aug 2012 | Mumbai, Maharashtra | ₹108 Cr | 7 | View details |
Products & Services of Elite Core
Elite Core offers a comprehensive portfolio of products and services, including Hand-Built Cables, Racks and Cases, and Power Products.
Cables are crafted for audio and power applications.
Solutions are provided for equipment storage and transport.
Power extensions and distribution systems are offered widely.
Apps and channels of Elite Core
its YouTube channel elitecoreaudio has 330 subscribers and 25 videos.
Videos from Elite Core
The most watched videos on Elite Core's YouTube channel, elitecoreaudio (330 subscribers). Click a video to play it here.
More on elitecoreaudio.
Funding Insights of Elite Core
Elite Core has successfully raised a total of $10.3M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.3 million completed in June 2007. 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 $10.3M
- Total Rounds 1
- Last Round Series A — $10.3M
- First Round $10.3M
(Jun 2007)
- Investors Count 1
All 1 funding rounds of Elite Core with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2007 | $10.3M | Series A | – | The Carlyle Group | – |
2 investors in total: 2 institutional.
Investors in Elite Core
Elite Core has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group and STL Tech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | ||
Optical fibre networks and digital integration solutions are provided. | 1988 | stl.tech | Pune, India |
Investor details for Elite Core
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Elitecore Technologies Private Limited (Elite Core)
Elitecore Technologies Private Limited is the primary company behind Elite Core. The boards of the 3 registered companies of Elite Core currently have 15 directors; the longest-serving is Anil Kumar Agarwal, appointed in 2006. 73 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Kumar Agarwal DIN 00010883 | Director | 30 Oct 2006 | 20 yrs | Sterlite Technologies Limited |
| Jain Nikhil Anilkumar DIN 01958156 | Managing Director | 01 Nov 2007 | 19 yrs | Elitecore Technologies Private Limited |
| Anand Gopaldas Agarwal DIN 00057364 | Additional Director | 29 Sep 2015 | 11 yrs 1 mo | Elitecore Technologies Private Limited |
| Pravin Agarwal DIN 00022096 | Additional Director | 29 Sep 2015 | 11 yrs 1 mo | Elitecore Technologies Private Limited, Sterlite Technologies Limited |
| Ashok Ganesan DIN 02990286 | Director | 18 Jul 2020 | 6 yrs 3 mo | Maharashtra Transmission Communication Infrastructure Limited |
| Bangalore Jayaram Arun DIN 02497125 | Director | 20 Jan 2021 | 5 yrs 9 mo | Sterlite Technologies Limited |
| Ankit Agarwal DIN 03344202 | Managing Director | 20 Jan 2021 | 5 yrs 9 mo | Sterlite Technologies Limited |
| Surya Rajshekhar Deshraj DIN 08920289 | Managing Director | 06 Feb 2021 | 5 yrs 9 mo | Maharashtra Transmission Communication Infrastructure Limited |
| Venkatesh Murthy DIN 08567907 | Whole-time director | 27 Jul 2023 | 3 yrs 3 mo | Sterlite Technologies Limited |
| Amrita Gangotra DIN 08333492 | Director | 08 May 2024 | 2 yrs 6 mo | Sterlite Technologies Limited |
| . Georgeraji DIN 10287494 | Director | 15 May 2024 | 2 yrs 5 mo | Maharashtra Transmission Communication Infrastructure Limited |
| Trupti Nitin Mudholkar DIN 09033240 | Director | 02 Aug 2024 | 2 yrs 3 mo | Maharashtra Transmission Communication Infrastructure Limited |
| Satish Vitthalrao Chavan DIN 05210333 | Director | 02 Aug 2024 | 2 yrs 3 mo | Maharashtra Transmission Communication Infrastructure Limited |
| Rajiv Ghanshyamdas Agarwal DIN 00518199 | Director | 22 May 2025 | 1 yr 5 mo | Sterlite Technologies Limited |
| Sathia Jeeva Krishnan Chidambara DIN 02179550 | Director | 14 Jan 2026 | 9 mo | Sterlite Technologies Limited |
People of Elite Core
1 people are tracked at Elite Core (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Elite Core
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Elite Core
Figures of Elitecore Technologies Private Limited, the primary company behind Elite Core, for FY 2015. Revenue was ₹151 Cr (+14% year on year). Net profit was ₹9.60 Cr (6% margin). EBITDA was ₹15.65 Cr (10% margin). Revenue has grown at a compounded annual rate of +44% over three years.
- ₹151 CrRevenue · FY 2015 · +14% YoY
- ₹9.60 CrNet profit · 6% margin
- ₹15.65 CrEBITDA · 10% margin
- ₹10.23 CrPaid-up capital
- +44%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Elitecore Technologies Private Limited are on its company page.
Detailed financial statements for Elite Core
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Elite Core
3 dated milestones of Elite Core across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Elite Core is founded.
- Funding First funding round of $10.3M.
- Exit Acquired by STL.
Web traffic of Elite Core
Websites that share an audience with Elite Core (elitecore.com).
Websites whose visitors overlap most with Elite Core. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| focussoftnet.com | 100% | 48.2K | #719,535 | View details | |
| netcracker.com | 92% | 163.3K | #149,333 | View details | |
hiddenbrains.com | hiddenbrains.com | 89% | #1,296,456 | – | |
| ericsson.com | 88% | 862.3K | #62,333 | View details | |
| 24onlinebilling.com | 88% | 10.4K | #1,506,677 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Elite Core
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Elite Core
Complete news archive for Elite Core
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Frequently Asked Questions about Elite Core
Elite Core was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Elite Core is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Nikhil Jain is the CEO of Elite Core, as recorded in our data. They have also founded this company.
Elite Core is a funded company, having raised a total of $10.3M across 1 funding round to date. The company's 1st funding round was a Series A of $10.3M, raised on Jun 2007.
The primary company behind Elite Core, Elitecore Technologies Private Limited, reported revenue of ₹151 Cr for FY 2015, up 14% year on year.
Elite Core is involved in the production of hand-built cables, racks, cases, and power distribution products. Operations are focused on the professional audio and entertainment sectors. A wide range of solutions, including Ethernet cables, speaker cables, and custom power systems, are provided for various applications. Equipment protection and stage power products are also offered to support live events and studio environments.
Elite Core offers Hand-Built Cables, Racks and Cases, and Power Products.
Elite Core has 2 investors. Key investors include The Carlyle Group, and STL Tech.
Elite Core is associated with 3 legal entities: Elitecore Technologies Private Limited, Sterlite Technologies Limited, Maharashtra Transmission Communication Infrastructure Limited.
Yes. Elite Core was acquired by STL in September 2015.
The legal entities of Elite Core currently have 19 directors, including Jain Nikhil Anilkumar, Anand Gopaldas Agarwal, Pravin Agarwal and others.