About Elsewedy Electric
Elsewedy Electric is a company based in Cairo (Egypt) founded in 1938.. Elsewedy Electric has completed 3 acquisitions, including CG Power & Industrial Solutions, Iskraemeco and Validus Engineering. Elsewedy Electric offers products and services including Energy Cables, Transformers, Digital Solutions, and Engineering Services. Elsewedy Electric operates in a competitive market with competitors including Vestas, Siemens Gamesa, TPI Composites, Amsc and Broadwind Energy, among others.
- Headquarter Cairo, Egypt
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
International Finance Corporation
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
CG Power & Industrial Solutions
& 2 more
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Products & Services of Elsewedy Electric
Elsewedy Electric offers a comprehensive portfolio of products and services, including Energy Cables, Transformers, Digital Solutions, and Engineering Services. 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.
Cables for efficient energy transmission and distribution systems
Devices that transform voltage for power applications
Platforms for monitoring and optimizing energy usage
Services for power generation and infrastructure projects
Funding Insights of Elsewedy Electric
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Debt – Conventional - Elsewedy Electric | Valuation |
investors |
| 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 |
Investors in Elsewedy Electric
Elsewedy Electric has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, First Abu Dhabi Bank and Europe Arab Bank. 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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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Commercial banking services are provided in the United Arab Emirates.
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Founded Year | Domain | Location | |
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Offers private, corporate, and wealth management banking for clients in Europe and MENA region.
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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 Elsewedy Electric
Elsewedy Electric has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CG Power & Industrial Solutions, Iskraemeco and Validus Engineering. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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FEA and engineering design services are provided to manufacturing firms.
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1987 | ||||
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AMI products for energy metering are manufactured globally.
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1945 | ||||
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Manufacturer of Industrial and Consumer Electric Equipment
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1937 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Elsewedy Electric
| 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 |
Elsewedy Electric Comparisons
Competitors of Elsewedy Electric
Elsewedy Electric 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 Vestas, Siemens Gamesa, TPI Composites, Amsc and Broadwind Energy, 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 |
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| domain | founded_year | HQ Location |
Wind turbines are manufactured and installed globally by Vestas.
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| domain | founded_year | HQ Location |
Utility-scale wind turbines are manufactured for renewable energy applications.
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| domain | founded_year | HQ Location |
Composite wind blades and vehicle structures are manufactured globally.
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| domain | founded_year | HQ Location |
Electric power infrastructure products and grid systems are developed.
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| domain | founded_year | HQ Location |
Wind turbine towers and assemblies are manufactured and supplied.
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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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Latest news on Elsewedy Electric
Frequently Asked Questions about Elsewedy Electric
When was Elsewedy Electric founded?
Elsewedy Electric was founded in 1938 and raised its 1st funding round 84 years after it was founded.
Where is Elsewedy Electric located?
Elsewedy Electric is headquartered in Cairo, Egypt.
Who is the current CEO of Elsewedy Electric?
Ahmed Sewedy is the current CEO of Elsewedy Electric.
What does Elsewedy Electric do?
Founded in 1938 and headquartered in Cairo, Egypt, Elsewedy Electric operates across electrical manufacturing and infrastructure sectors. Wires and cables are produced, alongside engineering and contracting services for projects. Transformers are manufactured, while the SWAG division focuses on wind energy components, including turbines, towers, and blades, all from internal facilities. Operations span multiple domains in the energy and construction industries.
Who are the top competitors of Elsewedy Electric?
Elsewedy Electric's top competitors include Amsc, Siemens Gamesa and Vestas.
What products or services does Elsewedy Electric offer?
Elsewedy Electric offers Energy Cables, Transformers, Digital Solutions, and Engineering Services.
How many acquisitions has Elsewedy Electric made?
Elsewedy Electric has made 3 acquisitions, including CG Power & Industrial Solutions, Iskraemeco, and Validus Engineering.
Who are Elsewedy Electric's investors?
Elsewedy Electric has 3 investors. Key investors include International Finance Corporation, First Abu Dhabi Bank, and Europe Arab Bank.
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