Maxlite

Bengaluru, India Founded: 2017 • Age: 9 yrs Acquired By Magicrete
Provider of LED lighting and controls solutions, including commercial charging stations and slim flood lights, with a focus on performance and scalability
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About Maxlite

Maxlite is a company based in Bengaluru (India) founded in 2017 was acquired by Magicrete in March 2024.. The company has 9 employees as of April 08, 2024. Maxlite operates in a competitive market with competitors including Consolis, RDC Concrete, Alkern, GCC and Kent Companies, among others.

  • Headquarter Bengaluru, India
  • Employees 9 as on 08 Apr, 2024
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Maxlite Aac Blocks (India) Private Limited
  • Date of Incorporation 06 Feb, 2019
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation
Key Metrics
  • Annual Revenue
    $3.67 M (USD)
    0.72
    as on Mar 31, 2024
  • Net Profit
    $88.55 K (USD)
    306.33
    as on Mar 31, 2024
  • EBITDA
    $498.73 K (USD)
    1.27
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    9

    as on Apr 08, 2024

  • Acquired by
    Magicrete

    (Mar 27, 2024)

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Funding Insights of Maxlite

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 Maxlite

Maxlite has secured backing from 1 investor. Prominent investors backing the company include Magicrete. 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
Investor Description Founded Year Domain Location
AAC blocks, construction chemicals, and precast solutions are manufactured.
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 Maxlite

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

Financial Statements - Maxlite

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

Maxlite Comparisons

Employees
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Competitors of Maxlite

Maxlite 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 Consolis, RDC Concrete, Alkern, GCC and Kent Companies, 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
Precast concrete solutions are provided for building and utilities sectors.
domain founded_year HQ Location
Ready-mix concrete is manufactured and supplied for construction needs.
domain founded_year HQ Location
Prefabricated concrete products are manufactured by Alkern in France.
domain founded_year HQ Location
GCC is engaged in producing cement and concrete for construction.
domain founded_year HQ Location
Specialty trade contractor offering concrete, facilities, underlayments, and foundation services.
domain founded_year HQ Location
Precast concrete products are manufactured for construction applications.
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 Maxlite

Frequently Asked Questions about Maxlite

When was Maxlite founded?

Maxlite was founded in 2017.

Where is Maxlite located?

Maxlite is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

How many employees does Maxlite have?

As of Apr 08, 2024, the latest employee count at Maxlite is 9.

What is the annual revenue of Maxlite?

Annual revenue of Maxlite is $3.67M as on Mar 31, 2024.

What does Maxlite do?

MaxLite is a leading provider of LED lighting and controls solutions. The company offers a wide range of products including flood lights, bollards, high bay linear lights, and retrofit lamps. MaxLite is known for delivering high performance and quality LED solutions to its customers.

Who are the top competitors of Maxlite?

Maxlite's top competitors include Consolis, RDC Concrete and GCC.

Who are Maxlite's investors?

Maxlite has 1 investor. Key investors include Magicrete.

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