About MECON
MECON is a company based in Ranchi (India) founded in 1959.. The company has 1,354 employees as of April 03, 2024. MECON offers products and services including Consultancy Services and Procurement Services.
- Headquarter Ranchi, India
- Employees 1354 as on 03 Apr, 2024
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Sectors
Energy & UtilitiesIndustrial Goods & Manufacturing
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Phone
*********
- Legal Name Mecon Limited
- Date of Incorporation 31 Mar, 1973
- Jurisdiction Jharkhand, Jharkhand, India
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Annual Revenue
$113.74 M (USD)47.52as on Mar 31, 2023
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Net Profit
$3.73 M (USD)126.37as on Mar 31, 2023
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EBITDA
$-4.07 M (USD)-221.89as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1354
as on Apr 03, 2024
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Products & Services of MECON
MECON offers a comprehensive portfolio of products and services, including Consultancy Services and Procurement Services. 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.
Consultancy for design and engineering of projects is provided in metals and related sectors.
Procurement of plant and equipment is handled for infrastructure and energy projects.
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Funding Insights of MECON
| 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 |
Investments & Acquisitions by MECON
| 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 - MECON
| 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 |
Mecon Comparisons
Competitors of MECON
| 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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Latest news on Mecon
Frequently Asked Questions about MECON
When was MECON founded?
MECON was founded in 1959.
Where is MECON located?
MECON is headquartered in Ranchi, India. It is registered at Ranchi, Jharkhand, India.
How many employees does MECON have?
As of Apr 03, 2024, the latest employee count at MECON is 1,354.
What is the annual revenue of MECON?
Annual revenue of MECON is $113.74M as on Mar 31, 2023.
What does MECON do?
MECON Limited is managed as a Government of India enterprise, where services such as consultancy, design, engineering, procurement, inspection, construction, and project management are provided for turnkey projects. Unique needs in metals, power, oil and gas, and infrastructure sectors are addressed through these offerings. The company is recognized for handling erection and related activities, ensuring comprehensive support is delivered to clients in these areas, while maintaining a focus on specialized industry requirements.
What products or services does MECON offer?
MECON offers Consultancy Services and Procurement Services.