HELA Systems

Hyderabad, India Founded: 2005 • Age: 21 yrs Acquired By IAI
Manufacturer of hydronic solutions for building systems
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About HELA Systems

HELA Systems is a company based in Hyderabad (India) founded in 2005 was acquired by IAI in July 2023.. The company has 50 employees as of April 07, 2024.

  • Headquarter Hyderabad, India
  • Employees 50 as on 07 Apr, 2024
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hela Systems Private Limited
  • Date of Incorporation 27 Feb, 2004
  • Jurisdiction Maheswaram, Telangana, India
Operational Areas
Key Metrics
  • Annual Revenue
    $1.52 M (USD)
    -22.65
    as on Mar 31, 2023
  • Net Profit
    $-100.94 K (USD)
    -5.11
    as on Mar 31, 2023
  • EBITDA
    $-86.74 K (USD)
    52.34
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    50

    as on Apr 07, 2024

  • Acquired by
    IAI

    (Jul 09, 2023)

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Funding Insights of HELA Systems

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 HELA Systems

HELA Systems has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Israel Aerospace Industries. 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
Institutional
Investor Description Founded Year Domain Location
Developer and manufacturer of aerospace, aviation, satellites, and space systems
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 HELA Systems

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 - HELA Systems

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

Hela Systems Comparisons

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Competitors of HELA Systems

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 Hela Systems

Frequently Asked Questions about HELA Systems

When was HELA Systems founded?

HELA Systems was founded in 2005.

Where is HELA Systems located?

HELA Systems is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Who is the current CEO of HELA Systems?

Sukaran Singh is the current CEO of HELA Systems.

How many employees does HELA Systems have?

As of Apr 07, 2024, the latest employee count at HELA Systems is 50.

What is the annual revenue of HELA Systems?

Annual revenue of HELA Systems is $1.52M as on Mar 31, 2023.

What does HELA Systems do?

The company was founded in 2005 and is based in Hyderabad, India. Operations focus on the production of hydronic solutions for building systems, including components for heating, cooling, and plumbing applications. These offerings support efficiency in various building types, such as residential and commercial structures. The sector involves manufacturing for energy conservation and system performance across domestic markets.

Who are HELA Systems's investors?

HELA Systems has 1 investor. Key investors include Israel Aerospace Industries.

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