About Modern India
Modern India is a company based in Mumbai (India) founded in 1933.. The company has 46 employees as of April 08, 2024. Modern India has completed 1 acquisition, including Verifacts.
- Headquarter Mumbai, India
- Employees 46 as on 08 Apr, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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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 Modern India Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$30.1 M (USD)49.27as on Mar 31, 2023
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Net Profit
$6.77 M (USD)2556.5as on Mar 31, 2023
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EBITDA
$8.7 M (USD)1928.78as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
46
as on Apr 08, 2024
- Investments & Acquisitions
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Funding Insights of Modern India
| 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 Modern India
Modern India has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Verifacts. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Background verification services for employee and business screening are offered.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Modern India
| 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 |
Modern India Comparisons
Competitors of Modern India
| 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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Frequently Asked Questions about Modern India
When was Modern India founded?
Modern India was founded in 1933.
Where is Modern India located?
Modern India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Modern India have?
As of Apr 08, 2024, the latest employee count at Modern India is 46.
What is the annual revenue of Modern India?
Annual revenue of Modern India is $30.1M as on Mar 31, 2023.
What does Modern India do?
Founded in 1933 and based in Mumbai, India, operations are conducted in real estate and infrastructure development, including commercial and residential structures and business centers. Renewable energy sources are developed, alongside power generation. Global sourcing and commodities trading are handled, with international procurement solutions provided. HR services encompass background verification and vocational training for various industries.
How many acquisitions has Modern India made?
Modern India has made 1 acquisition, including Verifacts.
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