About KRYFS
KRYFS is a company based in Mumbai (India) founded in 1993 by Saif Qureishi was acquired by Zetwerk in August 2025. KRYFS has raised $22.67 million across 3 funding rounds from investors including Zetwerk, Reliance Capital and Toyota Tsusho. The company has 618 employees as of January 17, 2025. KRYFS offers products and services including CRGO Lamination and Transformers.
- Headquarter Mumbai, India
- Employees 618 as on 17 Jan, 2025
- Founders Saif Qureishi
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingEnergy & Utilities
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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 Kryfs Power Components Ltd
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$114.37 M (USD)61.9as on Mar 31, 2023
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Net Profit
$5.3 M (USD)27.24as on Mar 31, 2023
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EBITDA
$9.64 M (USD)52.47as on Mar 31, 2023
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Total Equity Funding
$22.67 M (USD)
in 3 rounds
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Latest Funding Round
$4.76 M (USD), Unspecified
Nov 20, 2013
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Investors
Zetwerk
& 2 more
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Employee Count
618
as on Jan 17, 2025
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Acquired by
Zetwerk
(Aug 12, 2025)
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Products & Services of KRYFS
KRYFS offers a comprehensive portfolio of products and services, including CRGO Lamination and Transformers.
CRGO laminations are produced for transformers ranging from 11 KV to 1200 KV class, including slit coils and assembled cores up to 50 MT
Transformers are manufactured for distribution and medium power applications up to 10 MVA and 33 KV class, along with core and coil assemblies
People of KRYFS
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Funding Insights of KRYFS
KRYFS has successfully raised a total of $22.67M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $4.76 million completed in November 2013. 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.
Investors in KRYFS
KRYFS has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Zetwerk, Reliance Capital and Toyota Tsusho.
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Investor details for KRYFS
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Investments & Acquisitions by KRYFS
Investment portfolio details for KRYFS
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Financial Statements - KRYFS
Detailed financials for KRYFS
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Kryfs Comparisons
Peer comparison for KRYFS
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Competitors of KRYFS
Detailed competitors of KRYFS
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Latest news on Kryfs
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Frequently Asked Questions about KRYFS
KRYFS was founded in 1993 and raised its 1st funding round 13 years after it was founded.
KRYFS is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Saif Qureishi is the current CEO of KRYFS. They have also founded this company.
KRYFS is a funded company, having raised a total of $22.67M across 3 funding rounds to date.
As of Jan 17, 2025, the latest employee count at KRYFS is 618.
Annual revenue of KRYFS is $114.37M as on Mar 31, 2023.
KRYFS was established in 1993 in Mumbai, India, by Saif Qureishi, who serves as founder, managing director, and CEO. Operations focus on the production of single-phase and three-phase transformers within the electrical equipment sector. Manufacturing activities are centered in Mumbai, supporting industrial and commercial applications across India. The company maintains a specialized role in transformer design and assembly, adhering to standard industry specifications.
KRYFS offers CRGO Lamination and Transformers.
KRYFS has 3 investors. Key investors include Zetwerk, Reliance Capital, and Toyota Tsusho.
The valuation of KRYFS is $80.06M as of Nov 2013.