About Hi-Rel Electronics
Hi-Rel Electronics was founded in 1983 and is based in Ahmedabad, India. Operations focus on the manufacturing of electronic components within the electronics sector. Products such as uninterruptible power supplies (UPS), drives, solar inverters, and air compressors are produced. The company maintains a domain at hirel.net for its online presence. Activities are centered on component production for various applications.
- Headquarter Ahmedabad, India
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Sectors
TechnologyConsumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hitachi Hi-Rel Power Electronics Private Limited
- Date of Incorporation 16 Jan, 1990
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$71.15 M (USD)30.17as on Mar 31, 2024
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Net Profit
$6.14 M (USD)69.79as on Mar 31, 2024
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EBITDA
$8.54 M (USD)44.4as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Helix Investments
(Sep 21, 2010)
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Funding Insights of Hi-Rel Electronics
| 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 Hi-Rel Electronics
Hi-Rel Electronics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Helix Investments. 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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Private equity firm focused on acquisitions
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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 Hi-Rel Electronics
| 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 - Hi-Rel Electronics
| 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 |
Hi-Rel Electronics Comparisons
Competitors of Hi-Rel Electronics
| 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 Hi-Rel Electronics
When was Hi-Rel Electronics founded?
Hi-Rel Electronics was founded in 1983.
Where is Hi-Rel Electronics located?
Hi-Rel Electronics is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
What is the annual revenue of Hi-Rel Electronics?
Annual revenue of Hi-Rel Electronics is $71.15M as on Mar 31, 2024.
What does Hi-Rel Electronics do?
Hi-Rel Electronics was founded in 1983 and is based in Ahmedabad, India. Operations focus on the manufacturing of electronic components within the electronics sector. Products such as uninterruptible power supplies (UPS), drives, solar inverters, and air compressors are produced. The company maintains a domain at hirel.net for its online presence. Activities are centered on component production for various applications.
Who are Hi-Rel Electronics's investors?
Hi-Rel Electronics has 1 investor. Key investors include Helix Investments.