About Essel Mining & Industries
Essel Mining & Industries is a company based in Mumbai (India) founded in 1950 was acquired by Aditya Birla in December 2011.. The company has 102 employees as of April 08, 2024. Essel Mining & Industries has completed 1 acquisition, including Pro Minerals.
- Headquarter Mumbai, India
- Employees 102 as on 08 Apr, 2024
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Sectors
Natural Resources
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Email
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Phone
*********
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Website
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Social
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- Legal Name Essel Mining & Industries Limited
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$275.29 M (USD)-53.66as on Mar 31, 2023
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Net Profit
$4.11 M (USD)-97.22as on Mar 31, 2023
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EBITDA
$77.77 M (USD)-73.22as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
102
as on Apr 08, 2024
- Investments & Acquisitions
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Acquired by
Aditya Birla
(Dec 26, 2011)
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Funding Insights of Essel Mining & Industries
| 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 Essel Mining & Industries
Essel Mining & Industries has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aditya Birla. 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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Diversified conglomerate operates across multiple industries
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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 Essel Mining & Industries
Essel Mining & Industries has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pro Minerals. 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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Iron ore pelletisation services are provided in the minerals sector.
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2010 |
| 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 - Essel Mining Industries
| 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 |
Essel Mining & Industries Comparisons
Competitors of Essel Mining & Industries
| 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 Essel Mining & Industries
Frequently Asked Questions about Essel Mining & Industries
When was Essel Mining & Industries founded?
Essel Mining & Industries was founded in 1950.
Where is Essel Mining & Industries located?
Essel Mining & Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Essel Mining & Industries?
Ashok Kumar Bal is the current CEO of Essel Mining & Industries.
How many employees does Essel Mining & Industries have?
As of Apr 08, 2024, the latest employee count at Essel Mining & Industries is 102.
What is the annual revenue of Essel Mining & Industries?
Annual revenue of Essel Mining & Industries is $275.29M as on Mar 31, 2023.
What does Essel Mining & Industries do?
Essel Mining Industries, established in 1950 and currently in Acquired stage, focuses on mining, and mining companies. Iron ore mining company. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
How many acquisitions has Essel Mining & Industries made?
Essel Mining & Industries has made 1 acquisition, including Pro Minerals.
Who are Essel Mining & Industries's investors?
Essel Mining & Industries has 1 investor. Key investors include Aditya Birla.