Mirka

Nykarleby, Finland Founded: 1943 • Age: 83 yrs
Provider of broad range of abrasives, sanding tools, and polishing compounds

About Mirka

Mirka is a company based in Nykarleby (Finland) founded in 1943.. The company has 36 employees as of April 02, 2024. Mirka has completed 2 acquisitions, including CAFRO and Flexmill. Mirka offers products and services including Abrasives and Power Tools.

  • Headquarter Nykarleby, Finland
  • Employees 36 as on 02 Apr, 2024
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mirka India Private Limited
  • Date of Incorporation 05 Feb, 2010
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Key Metrics
  • Annual Revenue
    $6.86 M (USD)
    -14.08
    as on Mar 31, 2021
  • Net Profit
    $165.01 K (USD)
    -22.08
    as on Mar 31, 2021
  • EBITDA
    $235.69 K (USD)
    -20.38
    as on Mar 31, 2021
  • Latest Funding Round
    $497.53 K (USD), Grant

    Nov 01, 2017

  • Investors
  • Employee Count
    36

    as on Apr 02, 2024

  • Investments & Acquisitions
    CAFRO

    & 1 more

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Products & Services of Mirka

Mirka offers a comprehensive portfolio of products and services, including Abrasives and Power Tools. 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

Abrasives are developed and produced for surface finishing tasks across various applications.

Power tools are manufactured for sanding and polishing to support efficient and dust-free operations.

People of Mirka
Headcount 50-200
Employee Profiles 18
Employee Profiles
People
Dan Piwowar
Controller
People
James Granado
Key Account Manager - General Industry/general Wood
People
Ivan Filipovic
Key Account Manager
People
Shannon Huehn
Key Account Manager- Aerospace

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Funding Insights of Mirka

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $497,530
  • First Round

    (01 Nov 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2017 Amount Grant - Mirka Valuation

investors

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 Mirka

Mirka has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 Mirka

Mirka has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CAFRO and Flexmill. 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
Automated robotic systems for surface finishing are developed and delivered.
2002
Diamond tools and CBN wheels are manufactured for industrial use.
1955
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 - Mirka

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

Mirka Comparisons

Employees
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Competitors of Mirka

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 Mirka

Frequently Asked Questions about Mirka

When was Mirka founded?

Mirka was founded in 1943 and raised its 1st funding round 74 years after it was founded.

Where is Mirka located?

Mirka is headquartered in Nykarleby, Finland. It is registered at Nykarleby, Osterbotten, Finland.

How many employees does Mirka have?

As of Apr 02, 2024, the latest employee count at Mirka is 36.

What is the annual revenue of Mirka?

Annual revenue of Mirka is $6.86M as on Mar 31, 2021.

What does Mirka do?

Mirka is a Finnish family-owned company that specializes in developing and producing abrasives, sanding tools, and polishing compounds all under one roof. They offer a wide range of innovative sanding solutions for surface finishing needs.

What products or services does Mirka offer?

Mirka offers Abrasives and Power Tools.

How many acquisitions has Mirka made?

Mirka has made 2 acquisitions, including CAFRO, and Flexmill.

Who are Mirka's investors?

Mirka has 1 investor. Key investors include European Union.

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