About Gear India
Gear India is a company based in Mumbai (India) founded in 2007 was acquired by Berggruen Holdings in November 2008. It operates as a Rentals & Sales, and Managed Services. The company has 553 employees as of April 05, 2024. Gear India offers products and services including Forklift Rentals & Sales, After-Sales Maintenance, Spare Parts, and Operator Training.
- Headquarter Mumbai, India
- Employees 553 as on 05 Apr, 2024
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Sectors
Industrial Goods & Manufacturing
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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 Gemini Equipment And Rentals Pvt. Ltd.
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$9.91 M (USD)19.7as on Mar 31, 2023
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Net Profit
$359.79 K (USD)-6.49as on Mar 31, 2023
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EBITDA
$1.89 M (USD)7.26as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
553
as on Apr 05, 2024
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Acquired by
Berggruen Holdings
(Nov 14, 2008)
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Products & Services of Gear India
Gear India offers a comprehensive portfolio of products and services, including Forklift Rentals & Sales, After-Sales Maintenance, Spare Parts, and Operator Training. 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.
Forklifts are provided for rental and purchase options.
Maintenance services are offered for material handling equipment.
Spare parts are supplied for equipment repair needs.
Training is provided for material handling equipment operators.
Funding Insights of Gear India
| 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 Gear India
Gear India has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Berggruen Holdings. 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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Investments in private equity, real estate, and alternative energy across continents.
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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 Gear India
| 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 - Gear India
| 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 |
Gear India Comparisons
Competitors of Gear India
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Gear India
When was Gear India founded?
Gear India was founded in 2007.
Where is Gear India located?
Gear India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Gear India have?
As of Apr 05, 2024, the latest employee count at Gear India is 553.
What is the annual revenue of Gear India?
Annual revenue of Gear India is $9.91M as on Mar 31, 2023.
What does Gear India do?
Gear India, operated by Gemini Equipment And Rentals Pvt. Ltd., is focused on providing material handling equipment solutions across various industries. Equipment such as forklifts, reach trucks, and stackers are offered for rent and sale. After-sales services, including maintenance and spare parts, are provided to ensure operational efficiency. Operator training is also conducted to enhance safety and performance. The company is committed to sustainability through initiatives like lithium-ion technology and net-zero goals. Operations are supported across multiple regions in India with headquarters in Navi Mumbai.
What products or services does Gear India offer?
Gear India offers Forklift Rentals & Sales, After-Sales Maintenance, Spare Parts, and Operator Training.
Who are Gear India's investors?
Gear India has 1 investor. Key investors include Berggruen Holdings.
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