Hamsar

Burlington, Canada Founded: 1983 • Age: 43 yrs Acquired By Grakon
Electrical and electronic components are manufactured and supplied to OEMs.
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About Hamsar

Hamsar is a company based in Burlington (Canada) founded in 1983 was acquired by Grakon in May 2016.. Hamsar offers products and services including Work Lights, Light Bars, Warning and Safety Lights, Electronic Products, and Accessory Lighting. Hamsar operates in a competitive market with competitors including SEDEMAC, Osram, AMETEK, HELLA and Gentex, among others.

  • Headquarter Burlington, Canada
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Grakon

    (May 19, 2016)

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Products & Services of Hamsar

Hamsar offers a comprehensive portfolio of products and services, including Work Lights, Light Bars, Warning and Safety Lights, Electronic Products, and Accessory Lighting. 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

LED lights for heavy duty applications in mining and construction

Forward lighting bars for vehicles and equipment

Lights designed for pedestrian awareness on utility vehicles

Relays and timers for industrial and vehicle use

Additional lights for trucks and trailers

People of Hamsar
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
K. Douglas Mann
General Manager
People
Ahsan Kathana
Program Manager
People
Beata B.
Customer Service

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Funding Insights of Hamsar

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 Hamsar

Hamsar has secured backing from 1 investor. Prominent investors backing the company include Grakon. 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
Advanced lighting and trim components are provided to vehicle manufacturers.
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 Hamsar

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 - Hamsar

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

Hamsar Comparisons

Employees
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Competitors of Hamsar

Hamsar 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 SEDEMAC, Osram, AMETEK, HELLA and Gentex, 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
Electrical and electronic parts for automobiles are provided by SEDEMAC.
domain founded_year HQ Location
Automotive lighting equipment is manufactured by Osram in Germany.
domain founded_year HQ Location
Manufacturer of multiple electronic and electrical components for automobile and aerospace industry
domain founded_year HQ Location
Electronic components are manufactured and supplied to OEMs and aftermarket.
domain founded_year HQ Location
Gentex Corporation is engaged in developing automotive and safety technologies.
domain founded_year HQ Location
Manufacture of automotive electronic components
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 Hamsar

Frequently Asked Questions about Hamsar

When was Hamsar founded?

Hamsar was founded in 1983.

Where is Hamsar located?

Hamsar is headquartered in Burlington, Canada. It is registered at Burlington, Ontario, Canada.

Who is the current CEO of Hamsar?

Dave Paborsky is the current CEO of Hamsar.

What does Hamsar do?

Hamsar was founded in 1983 in Burlington, Canada, as a manufacturer and supplier of electrical and electronic components for OEMs. Products including work lights, forward lighting, auxiliary lights, warning and safety systems, rear lighting, accessory lighting, flashlights, bulbs, electronic items, and vehicle accessories are produced for two-wheeler, four-wheeler, and six-wheeler applications. Operations extend to industrial and material handling sectors.

Who are the top competitors of Hamsar?

Hamsar's top competitors include SEDEMAC, Bekaert and AMETEK.

What products or services does Hamsar offer?

Hamsar offers Work Lights, Light Bars, Warning and Safety Lights, Electronic Products, and Accessory Lighting.

Who are Hamsar's investors?

Hamsar has 1 investor. Key investors include Grakon.

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