About Hynetic
Hynetic is a company based in Bengaluru (India) founded in 1994. It operates as a B2B, and Partnership-based. The company has 32 employees as of March 31, 2022. Hynetic offers products and services including Smart Outdoor Lighting, Smart Building Lighting, LED Lighting, Smart Pole, and E-Rickshaw Charger. Hynetic operates in a competitive market with competitors including Fabindia, Durian, Knoll, Chumbak and GreenFortune Windows and Doors, among others.
- Headquarter Bengaluru, India
- Employees 32 as on 31 Mar, 2022
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Sectors
Energy & UtilitiesTechnology
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Email
***********
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Phone
*********
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Website
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- Legal Name Hynetic Electronics Private Limited
- Date of Incorporation 11 Apr, 2003
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$1.41 M (USD)-4.64as on Mar 31, 2022
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Net Profit
$23.67 K (USD)218.14as on Mar 31, 2022
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EBITDA
$58.17 K (USD)-69.35as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
32
as on Mar 31, 2022
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Products & Services of Hynetic
Hynetic offers a comprehensive portfolio of products and services, including Smart Outdoor Lighting, Smart Building Lighting, LED Lighting, Smart Pole, and E-Rickshaw Charger. 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.
Provides controllers and software for efficient outdoor lighting management.
Offers WiFi drivers for dynamic control and monitoring of building lights.
Supplies drivers and devices to ensure reliable LED fixture performance.
Enables modular applications for smart city poles with unified monitoring.
Delivers rugged chargers optimized for poor power conditions with LCD monitoring.
Funding Insights of Hynetic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Hynetic
| 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 - Hynetic
| 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 |
Hynetic Comparisons
Competitors of Hynetic
Hynetic 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 Fabindia, Durian, Knoll, Chumbak and GreenFortune Windows and Doors, 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 |
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| domain | founded_year | HQ Location |
Internet first brand of ethnic wear, home furniture, and home decor products
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| domain | founded_year | HQ Location |
Brand of home & office furniture and decor products
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| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and manufactured.
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| domain | founded_year | HQ Location |
Internet first brand of apparel for women
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| domain | founded_year | HQ Location |
Customized uPVC windows and doors are manufactured in Hyderabad.
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| domain | founded_year | HQ Location |
E-commerce support services are provided to businesses since 1995.
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| 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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Frequently Asked Questions about Hynetic
When was Hynetic founded?
Hynetic was founded in 1994.
Where is Hynetic located?
Hynetic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Hynetic have?
As of Mar 31, 2022, the latest employee count at Hynetic is 32.
What is the annual revenue of Hynetic?
Annual revenue of Hynetic is $1.41M as on Mar 31, 2022.
What does Hynetic do?
Hynetic is an Indian company that develops hardware and software for IoT applications, including smart lighting, energy management, and solar monitoring. They innovate to provide affordable, sustainable products like LED drivers and smart poles. Based in Bengaluru, they collaborate with OEM partners and system integrators to deliver optimized energy-efficient solutions for smart city projects, focusing on quality and future-proof technology.
Who are the top competitors of Hynetic?
Hynetic's top competitors include Fabindia, GreenFortune Windows and Doors and Durian.
What products or services does Hynetic offer?
Hynetic offers Smart Outdoor Lighting, Smart Building Lighting, LED Lighting, Smart Pole, and E-Rickshaw Charger.