About Memco Engineering
Memco Engineering is a company based in Nashik (India) founded in 1983 was acquired by Precision Camshaft in October 2017.. The company has 120 employees as of March 27, 2024.
- Headquarter Nashik, India
- Employees 120 as on 27 Mar, 2024
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name Memco Engineering Pvt. Ltd
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Annual Revenue
$46.61 K (USD)-77.35as on Mar 31, 2023
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Net Profit
$760.15 (USD)-77.75as on Mar 31, 2023
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EBITDA
$1.09 K (USD)-76.93as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
120
as on Mar 27, 2024
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Acquired by
Precision Camshaft
(Oct 11, 2017)
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Funding Insights of Memco Engineering
| 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 |
Investors in Memco Engineering
Memco Engineering has secured backing from 1 investor. Prominent investors backing the company include Precision Camshaft. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Camshafts for automobiles are manufactured in India by Precision Camshaft.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Memco Engineering
| 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 - Memco Engineering
| 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 |
Memco Engineering Comparisons
Competitors of Memco Engineering
| 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 Memco Engineering
Frequently Asked Questions about Memco Engineering
When was Memco Engineering founded?
Memco Engineering was founded in 1983.
Where is Memco Engineering located?
Memco Engineering is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
How many employees does Memco Engineering have?
As of Mar 27, 2024, the latest employee count at Memco Engineering is 120.
What is the annual revenue of Memco Engineering?
Annual revenue of Memco Engineering is $46.61K as on Mar 31, 2023.
What does Memco Engineering do?
Memco Engineering was founded in 1983 and is based in Nashik, India. Operations are centered on the manufacturing of precision machines within the engineering sector. Leadership is provided by Managing Director Rajan Dharkar. The company maintains its domain at memcoindia.com, with activities focused on production processes tailored to industrial needs in the region.
Who are Memco Engineering's investors?
Memco Engineering has 1 investor. Key investors include Precision Camshaft.
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