Glidepath Group

Auckland, New Zealand Founded: 1972 • Age: 54 yrs Acquired By Alstef Group
Provider of baggage handling and intralogistics solutions for airports and warehouses

About Glidepath Group

Glidepath Group is a company based in Auckland (New Zealand) founded in 1972 was acquired by Alstef Group in November 2019.. The company has 58 employees as of April 07, 2024. Glidepath Group offers products and services including XSORT Cross-Belt Sorter, BAGXone AGV Fleet, AviLoad ULD AGV, BAGware Software, and Stacker Cranes. Glidepath Group operates in a competitive market with competitors including Kindred, Third Wave Automation, RightHand Robotics, GreyOrange and Geek+, among others.

  • Headquarter Auckland, New Zealand
  • Employees 58 as on 07 Apr, 2024
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Alstef India Private Limited
  • Date of Incorporation 28 Aug, 2009
  • Jurisdiction Delhi, India
Operational Areas
Technology → Aviation & Specialized Tech Systems
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
    $1.27 M (USD)
    53.32
    as on Mar 31, 2023
  • Net Profit
    $-84.43 K (USD)
    -1241.43
    as on Mar 31, 2023
  • EBITDA
    $3.07 K (USD)
    -96.48
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    58

    as on Apr 07, 2024

  • Acquired by
    Alstef Group

    (Nov 13, 2019)

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Products & Services of Glidepath Group

Glidepath Group offers a comprehensive portfolio of products and services, including XSORT Cross-Belt Sorter, BAGXone AGV Fleet, AviLoad ULD AGV, BAGware Software, and Stacker Cranes. 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.

Primary

High-speed system for parcel and baggage sorting in airports.

Fleet for efficient baggage transport and handling operations.

AGV for unit load devices and container management in air cargo.

Software for baggage handling system control and simulation.

Cranes for automated storage in warehousing environments.

Funding Insights of Glidepath Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Glidepath Group

Glidepath Group has secured backing from 1 investor. Prominent investors backing the company include Alstef Group. 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.

All
Investor Description Founded Year Domain Location
Designs and integrates automated systems for airports, warehouses, and logistics.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Glidepath Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Glidepath Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Glidepath Group Comparisons

Employees
+
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Competitors of Glidepath Group

Glidepath Group 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 Kindred, Third Wave Automation, RightHand Robotics, GreyOrange and Geek+, 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
Provider of a pick and place robot for e-commerce applications
domain founded_year HQ Location
AI and cloud-driven automation is delivered for warehouse material handling.
domain founded_year HQ Location
AI-enabled robotic grippers for object picking are provided.
domain founded_year HQ Location
AI and SaaS-based robots for warehouse automation are provided.
domain founded_year HQ Location
Autonomous mobile robots are supplied for warehouse operations.
domain founded_year HQ Location
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Glidepath Group

Frequently Asked Questions about Glidepath Group

When was Glidepath Group founded?

Glidepath Group was founded in 1972.

Where is Glidepath Group located?

Glidepath Group is headquartered in Auckland, New Zealand.

Who is the current CEO of Glidepath Group?

Ken Stevens is the current CEO of Glidepath Group.

How many employees does Glidepath Group have?

As of Apr 07, 2024, the latest employee count at Glidepath Group is 58.

What is the annual revenue of Glidepath Group?

Annual revenue of Glidepath Group is $1.27M as on Mar 31, 2023.

What does Glidepath Group do?

Glidepath Group was established in 1972 in Auckland, New Zealand, focusing on the aviation and logistics sectors. Solutions for baggage handling systems are developed and implemented for airports worldwide, while intralogistics technologies are provided for warehouse operations. Services encompass design, installation, and maintenance of automated material handling equipment, supporting efficient cargo and passenger flow in global facilities. Operations are centered in the Asia-Pacific region with international project reach.

Who are the top competitors of Glidepath Group?

Glidepath Group's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.

What products or services does Glidepath Group offer?

Glidepath Group offers XSORT Cross-Belt Sorter, BAGXone AGV Fleet, AviLoad ULD AGV, BAGware Software, and Stacker Cranes.

Who are Glidepath Group's investors?

Glidepath Group has 1 investor. Key investors include Alstef Group.

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