Kaynes Technology

Mysuru, India Founded: 2008 • Age: 18 yrs
Integrated electronics manufacturing and IoT solutions are delivered across industries.
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About Kaynes Technology

Kaynes Technology is a company based in Mysuru (India) founded in 2008 by Ramesh Kunhikannan.. Kaynes Technology has raised $22.44 million across 5 funding rounds from investors including Green Capital group, Freny Firoze Irani and Ganesh Cherapuram. The company has 3,850 employees as of March 31, 2024. Kaynes Technology has completed 4 acquisitions, including August Electronics, DigiCom and Iskraemeco. Kaynes Technology offers products and services including Product Design & Engineering, OEM Solutions, ODM Services, IoT Solutions, and Cable Harness. Kaynes Technology operates in a competitive market with competitors including SFO Technologies, Dixon Technologies, VVDN, TT Electronics and Oakter, among others.

  • Headquarter Mysuru, India
  • Employees 3850 as on 31 Mar, 2024
  • Founders Ramesh Kunhikannan
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Kaynes Technology India Ltd.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
    $317.99 M (USD)
    50.83
    as on Mar 31, 2024
  • Net Profit
    $34.23 M (USD)
    60.2
    as on Mar 31, 2024
  • EBITDA
    $50.35 M (USD)
    66.7
    as on Mar 31, 2024
  • Total Equity Funding
    $22.44 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    3850

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Kaynes Technology

Kaynes Technology is a publicly listed company on the NSE with ticker symbol KAYNES in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: KAYNES . Sector: Electronic technology · India

Products & Services of Kaynes Technology

Kaynes Technology offers a comprehensive portfolio of products and services, including Product Design & Engineering, OEM Solutions, ODM Services, IoT Solutions, and Cable Harness. 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

Provides embedded design, prototyping, and regulatory services.

Offers turnkey PCBA and box build manufacturing.

Delivers value-added electronics and IoT solutions.

Transforms products into smart systems with sensors and software.

Manufactures wire harnesses and cable assemblies.

People of Kaynes Technology
Headcount 200-500
Employee Profiles 57
Employee Profiles
People
Jairam P Sampath
COO
People
Ramesh Kannan
President & MD
People
Sharath Bhat
SVP, Business Development
People
Savitha Ramesh
Director, Operations, Systems & IT

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Funding Insights of Kaynes Technology

Kaynes Technology has successfully raised a total of $22.44M across 5 strategic funding rounds. 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 Rounds 5
  • Last Round
  • First Round

    (24 Jun 2020)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2025 Amount Post-IPO - Kaynes Technology Valuation

investors

Dec, 2023 Amount Post-IPO - Kaynes Technology Valuation

investors

Oct, 2022 Amount Seed - Kaynes Technology Valuation Acacia Banyan Partners
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 Kaynes Technology

Kaynes Technology has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Green Capital group, Freny Firoze Irani and Ganesh Cherapuram. 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
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investment services in PIPE, debt, private equity, venture capital, and real estate by Green Capital.
Founded Year Domain Location
-
Founded Year Domain Location
Early-stage investments in multiple industries are targeted by the firm.
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 Kaynes Technology

Kaynes Technology has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include August Electronics, DigiCom and Iskraemeco. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Developer of IoT-based AI-integrated asset tracking solutions
2019
Custom electronic manufacturing services are provided to various industries.
1991
Printed circuit boards are manufactured on contract by Digicom.
1982
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Kaynes Technology

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

Kaynes Technology Comparisons

Employees
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Competitors of Kaynes Technology

Kaynes Technology 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 SFO Technologies, Dixon Technologies, VVDN, TT Electronics and Oakter, 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
Provider of ODM plus solutions for diverse industries
domain founded_year HQ Location
Electronics manufacturing services are provided for consumer and home products.
domain founded_year HQ Location
Software, product engineering, and electronic manufacturing services are provided.
domain founded_year HQ Location
Manufacturer of automotive parts
domain founded_year HQ Location
Electronic contract manufacturing and design services are offered.
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 Kaynes Technology

Frequently Asked Questions about Kaynes Technology

When was Kaynes Technology founded?

Kaynes Technology was founded in 2008 and raised its 1st funding round 12 years after it was founded.

Where is Kaynes Technology located?

Kaynes Technology is headquartered in Mysuru, India. It is registered at Mysuru, Karnataka, India.

Who is the current CEO of Kaynes Technology?

Rajesh Sharma is the current CEO of Kaynes Technology.

Is Kaynes Technology a funded company?

Kaynes Technology is a funded company, having raised a total of $22.44M across 5 funding rounds to date. The company's 1st funding round was a Seed of $15.8M, raised on Jun 24, 2020.

How many employees does Kaynes Technology have?

As of Mar 31, 2024, the latest employee count at Kaynes Technology is 3,850.

What is the annual revenue of Kaynes Technology?

Annual revenue of Kaynes Technology is $317.99M as on Mar 31, 2024.

What does Kaynes Technology do?

Integrated electronics manufacturer offering end-to-end and IoT solutions across various industries. It provides conceptual design, process engineering, integrated manufacturing, and life cycle support. It has advanced manufacturing infrastructure that enables manufacturing products at variable volumes across industry verticals. It offers customized manufacturing lines for PCBA Box built with in-house facilities. It provides design-led electronics manufacturing to OEMs using embedded design capabilities. It assists OEMs to transform their legacy products into smart systems by incorporating a combination of sensors, micro-processors, software, and connectivity technologies. It provides solutions for wiring harness systems and manufactures coils, transformers, and inductors. It undertakes repairs and provides rehabilitation of electronic cards.

Who are the top competitors of Kaynes Technology?

Kaynes Technology's top competitors include SFO Technologies, Dixon Technologies and VVDN.

What products or services does Kaynes Technology offer?

Kaynes Technology offers Product Design & Engineering, OEM Solutions, ODM Services, IoT Solutions, and Cable Harness.

Is Kaynes Technology publicly traded?

Yes, Kaynes Technology is publicly traded on NSE under the ticker symbol KAYNES.

How many acquisitions has Kaynes Technology made?

Kaynes Technology has made 4 acquisitions, including August Electronics, DigiCom, and Iskraemeco.

Who are Kaynes Technology's investors?

Kaynes Technology has 9 investors. Key investors include Green Capital group, Freny Firoze Irani, Ganesh Cherapuram, Bharadwaj Turlapati, and Bharadwaj Turlapati.

What is Kaynes Technology's ticker symbol?

The ticker symbol of Kaynes Technology is KAYNES on NSE.

What is Kaynes Technology's valuation?

The valuation of Kaynes Technology is $338.43M as of Oct 2022.

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