About Elotex
Elotex is a company based in Los Angeles (United States) founded in 1989 was acquired by Celanese in January 2020.. Elotex operates in a competitive market with competitors including Mapei, Asian Paints, Kansai Nerolac, Pidilite and Bostik, among others.
- Headquarter Los Angeles, United States
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Sectors
Real Estate & Construction
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Phone
*********
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Website
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Funding Insights of Elotex
| 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 Elotex
Elotex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Celanese. 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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Special chemicals for industrial applications are developed by Celanese.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Elotex
| 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 - Elotex
| 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 |
Elotex Comparisons
Competitors of Elotex
Elotex 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 Mapei, Asian Paints, Kansai Nerolac, Pidilite and Bostik, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Chemical products including adhesives and sealants for construction are manufactured.
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Industrial and decorative paints are manufactured along with related solutions.
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| domain | founded_year | HQ Location |
Industrial and decorative paints are manufactured by Kansai Nerolac.
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| domain | founded_year | HQ Location |
Adhesives and sealants are manufactured by Pidilite in India.
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Industrial adhesives are manufactured by Bostik for diverse applications.
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Chemical products are manufactured and distributed by Wanhua Chemical Group.
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| 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 Elotex
When was Elotex founded?
Elotex was founded in 1989.
Where is Elotex located?
Elotex is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
What does Elotex do?
Elotex was established in 1989 and is based in Los Angeles, United States. Focus is placed on the production of redispersible polymer powders and specialty additives within the chemicals sector. These materials are supplied for use in construction, coatings, and related applications to improve durability and performance. Operations are conducted primarily from the US, with distribution reaching international markets.
Who are the top competitors of Elotex?
Elotex's top competitors include Asian Paints, Kansai Nerolac and Shalimar Paints.
Who are Elotex's investors?
Elotex has 1 investor. Key investors include Celanese.