About Elite Core
Elite Core is a company based in Ahmedabad (India) founded in 1999 by Nikhil Jain was acquired by STL in September 2015. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Elite Core has raised $10.3 million across 1 funding round from investors including The Carlyle Group and STL Tech. Elite Core offers products and services including Hand-Built Cables, Racks and Cases, and Power Products. Elite Core operates in a competitive market with competitors including Neusoft, Synchronoss, AsiaInfo, Iconectiv and Amdocs, among others.
- Headquarter Ahmedabad, India
- Founders Nikhil Jain
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Elitecore Technologies Private Limited
- Date of Incorporation 17 Dec, 1999
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$36.3 M (USD)39.82as on Mar 31, 2013
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Net Profit
$3.42 M (USD)57.83as on Mar 31, 2013
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EBITDA
$5.47 M (USD)75.34as on Mar 31, 2013
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Total Equity Funding
$10.3 M (USD)
in 1 rounds
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Latest Funding Round
$10.3 M (USD), Series A
Jun 19, 2007
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Investors
The Carlyle Group
& 1 more
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Employee Count
Not available
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Acquired by
STL
(Sep 22, 2015)
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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.
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.
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.
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Private equity investments are directed toward multiple sectors.
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Optical fibre networks and digital integration solutions are provided.
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Investor details for Elite Core
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Elite Core
Investment portfolio details for Elite Core
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- Portfolio identities
- Transaction dates
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Financial Statements - Elite Core
Detailed financials for Elite Core
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- Profit trends
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Verified entity values are shown only after access is granted.
Elite Core Comparisons
Peer comparison for Elite Core
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- Named peers
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Competitors of Elite Core
Elite Core 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 Neusoft, Synchronoss, AsiaInfo, Iconectiv and Amdocs, among others.
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IT solutions and services are provided to multiple industries.
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SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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OSS/BSS and IT services are provided to the telecommunications sector.
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Interconnection technology and clearinghouse solutions for telecom carriers are provided.
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Cloud-based OSS and BSS solutions are provided to communications providers.
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Product, order management, and network provisioning solutions are provided.
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Detailed competitors of Elite Core
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Latest news on 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 current CEO of Elite Core. 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.
Annual revenue of Elite Core is $36.3M as on Mar 31, 2013.
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.