About Hinduja Tech
Hinduja Tech is a company based in Chennai (India) founded in 2009.. Hinduja Tech has raised $50 million across 1 funding round from investors including Creador. The company has 1,688 employees as of July 01, 2024. Hinduja Tech has completed 2 acquisitions, including Drive System Design and TECOSIM. Hinduja Tech offers products and services including Mobility Engineering and Digital Solutions.
- Headquarter Chennai, India
- Employees 1688 as on 01 Jul, 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 Hinduja Tech Limited
- Date of Incorporation 24 Jun, 2009
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$48.26 M (USD)53.26as on Mar 31, 2023
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Net Profit
$2.46 M (USD)-27.35as on Mar 31, 2023
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EBITDA
$4.82 M (USD)37.86as on Mar 31, 2023
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Private Equity Round
Mar 14, 2024
- Investors
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Employee Count
1688
as on Jul 01, 2024
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Investments & Acquisitions
Drive System Design
& 1 more
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Products & Services of Hinduja Tech
Hinduja Tech offers a comprehensive portfolio of products and services, including Mobility Engineering and Digital Solutions. 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.
Mobility engineering services are provided for electric and future mobility solutions, including powertrain and vehicle model development.
Digital solutions are offered in areas like Industry 4.0 and Digital Twin to enhance smart manufacturing and operational efficiencies.
Funding Insights of Hinduja Tech
Hinduja Tech has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $50 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $50.0M
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First Round
First Round
(14 Mar 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Private Equity Round - Hinduja Tech | Valuation | Creador |
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| 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 Hinduja Tech
Hinduja Tech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Creador. 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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Investment firm focusing on partnerships in consumer, healthcare, and business services across Southeast Asia and India.
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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 Hinduja Tech
Hinduja Tech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Drive System Design and TECOSIM. 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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Transmission systems and electrified powertrains are designed, developed, and controlled.
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2007 | ||||
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Provider of engineering services for automotive, energy, and other sectors
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1999 |
| 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 - Hinduja Tech
| 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 |
Hinduja Tech Comparisons
Competitors of Hinduja Tech
| 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 Hinduja Tech
Frequently Asked Questions about Hinduja Tech
When was Hinduja Tech founded?
Hinduja Tech was founded in 2009 and raised its 1st funding round 15 years after it was founded.
Where is Hinduja Tech located?
Hinduja Tech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Hinduja Tech?
Kumar Prabhas is the current CEO of Hinduja Tech.
Is Hinduja Tech a funded company?
Hinduja Tech is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $50M, raised on Mar 14, 2024.
How many employees does Hinduja Tech have?
As of Jul 01, 2024, the latest employee count at Hinduja Tech is 1,688.
What is the annual revenue of Hinduja Tech?
Annual revenue of Hinduja Tech is $48.26M as on Mar 31, 2023.
What does Hinduja Tech do?
Hinduja Tech was founded in 2009 and is based in Chennai, India. Engineering solutions are offered for electric and future mobility, powertrain, embedded systems, electronics, and Industry 4.0 applications within the automotive sector. Smart manufacturing layouts are developed using advanced digital technologies, alongside manufacturing engineering solutions. Costing and sourcing services are provided through an auto-specific supplier ecosystem.
What products or services does Hinduja Tech offer?
Hinduja Tech offers Mobility Engineering and Digital Solutions.
How many acquisitions has Hinduja Tech made?
Hinduja Tech has made 2 acquisitions, including Drive System Design, and TECOSIM.
Who are Hinduja Tech's investors?
Hinduja Tech has 1 investor. Key investors include Creador.