About Multitech Auto
Multitech Auto is a company based in Jamshedpur (India) founded in 1994 was acquired by Ramkrishna Forgings in July 2023.. Multitech Auto operates in a competitive market with competitors including Linamar, Dana, Happy Forgings, Gates and Kinetic Engineering, among others.
- Headquarter Jamshedpur, India
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
$42.98 M (USD)19as on Mar 31, 2024
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Net Profit
$3.77 M (USD)35as on Mar 31, 2024
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EBITDA
$6.96 M (USD)41as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Ramkrishna Forgings
(Jul 24, 2023)
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Funding Insights of Multitech Auto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Multitech Auto
Multitech Auto has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ramkrishna Forgings. 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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Ramkrishna Forgings is engaged in metal forming and manufacturing.
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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 Multitech Auto
| 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 - Multitech Auto
| 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 |
Multitech Auto Comparisons
Competitors of Multitech Auto
Multitech Auto 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 Linamar, Dana, Happy Forgings, Gates and Kinetic Engineering, 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 |
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| domain | founded_year | HQ Location |
Motor vehicle and agricultural parts are manufactured and supplied.
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| domain | founded_year | HQ Location |
Driveline technologies and components for electrified light vehicles are supplied.
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| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied.
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| domain | founded_year | HQ Location |
Transmission components are manufactured and supplied to the aftermarket.
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| domain | founded_year | HQ Location |
Gears, shafts, transmission assemblies, and auto components are manufactured.
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| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied to OEMs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Multitech Auto
When was Multitech Auto founded?
Multitech Auto was founded in 1994.
Where is Multitech Auto located?
Multitech Auto is headquartered in Jamshedpur, India. It is registered at Jamshedpur, Jharkhand, India.
Who is the current CEO of Multitech Auto?
Naresh Jalan is the current CEO of Multitech Auto.
What is the annual revenue of Multitech Auto?
Annual revenue of Multitech Auto is $42.98M as on Mar 31, 2024.
What does Multitech Auto do?
Multitech Auto Pvt. Ltd. is a manufacturer and supplier of transmission components to OEMs and tier 1. Manufactures axle components like threaded rings, rear hub, front hub, differential case, differential cover and differential lock assembly, gearbox components like shifter shaft, shifter fork and top cover assembly and suspension components like spring pins, bell crank lever, bracket, bracket middle, bracket rear and bracket front for commercial vehicles. Clientele includes Tata Motors, TML Drivelines, York, RSB and Cummins.
Who are the top competitors of Multitech Auto?
Multitech Auto's top competitors include Happy Forgings, Linamar and Gates.
Who are Multitech Auto's investors?
Multitech Auto has 1 investor. Key investors include Ramkrishna Forgings.
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