About Eltech Appliances
Eltech Appliances is a company based in Chennai (India) founded in 2012. Eltech Appliances has raised $7.47 million across 1 funding round. The company has 90 employees as of April 09, 2024. Eltech Appliances offers products and services including Inverter AC and Window AC.
- Headquarter Chennai, India
- Employees 90 as on 09 Apr, 2024
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Social
Locked
- Legal Name Eltech Appliances Private Limited
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$13.09 M (USD)-14.51as on Mar 31, 2023
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Net Profit
-$2.91 M (USD)-100.3as on Mar 31, 2023
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EBITDA
-$3.56 M (USD)-140.42as on Mar 31, 2023
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Total Equity Funding
$7.47 M (USD)
in 1 rounds
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Latest Funding Round
$7.47 M (USD), Angel Round
Jul 22, 2019
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Investors
Not available
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Employee Count
90
as on Apr 09, 2024
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Products & Services of Eltech Appliances
Eltech Appliances offers a comprehensive portfolio of products and services, including Inverter AC and Window AC.
Inverter air conditioners are manufactured with energy-saving modes and climate control features to meet cooling needs
Window air conditioners are produced with copper coils and power-saving technology for efficient operation in residential settings
People of Eltech Appliances
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Funding Insights of Eltech Appliances
Eltech Appliances has successfully raised a total of $7.47M through 1 strategic funding round. The most recent funding activity was a Angel Round of $7.47 million completed in July 2019. 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.
Investments & Acquisitions by Eltech Appliances
Investment portfolio details for Eltech Appliances
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Financial Statements - Eltech Appliances
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Eltech Appliances Comparisons
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Competitors of Eltech Appliances
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Latest news on Eltech Appliances
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Frequently Asked Questions about Eltech Appliances
Eltech Appliances was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Eltech Appliances is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Eltech Appliances is a funded company, having raised a total of $7.47M across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Eltech Appliances is 90.
Annual revenue of Eltech Appliances is $13.09M as on Mar 31, 2023.
VESTAR is positioned as a key brand in the Indian air conditioning sector, with products developed under Eltech Appliances to address diverse consumer requirements. Air conditioners from VESTAR are equipped with features like self-clean mechanisms and auto diagnostics, which are integrated to enhance performance and longevity. Nationwide delivery and customer support are facilitated to ensure accessibility, while manufacturing emphasizes quality and efficiency. This approach has been adopted to meet modern cooling demands effectively.
Eltech Appliances offers Inverter AC and Window AC.