Novelis

Atlanta, United States Founded: 2005 • Age: 21 yrs Acquired By Hindalco
Flat-rolled aluminum products are manufactured and supplied to OEMs.
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About Novelis

Novelis is a company based in Atlanta (United States) founded in 2005 was acquired by Hindalco in February 2007.. Novelis has completed 1 acquisition, including Aleris. Novelis operates in a competitive market with competitors including Maini Precision Products, Ramkrishna Forgings, Bharat Forge, Dynamatic Technologies and Nemak, among others.

  • Headquarter Atlanta, United States
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1.6 B (USD), Debt – Conventional

    Jan 14, 2020

  • Investors
    Hindalco

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Hindalco

    (Feb 10, 2007)

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People of Novelis
Headcount 1000-5000
Employee Profiles 737
Board Members and Advisors 9
Employee Profiles
People
Steve Fisher
President & CEO
People
Gustavo Faria
Sr Metal Business Manager
People
Derek Prichett
VP and CDO & CIO
People
Chris Courts
Interim General Counsel, Corporate Secretary and Compliance Officer

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Board Members and Advisors
people
Vikas Sehgal
Board Member

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Funding Insights of Novelis

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $1.6B
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Debt – Conventional - Novelis Valuation

investors

Aug, 2016 Amount Debt – Conventional - Novelis Valuation

investors

Dec, 2009 Amount Private Equity Round - Novelis 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 Novelis

Novelis has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Hindalco and IMM Holdings. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private fund focused on debt and equity investments in medium and large-sized businesses
Founded Year Domain Location
Aluminium foils, extrusions, and flat-rolled products are manufactured.
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 Novelis

Novelis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aleris. 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
Aluminium rolled products are manufactured and supplied for multiple industries.
1999
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 - Novelis

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

Novelis Comparisons

Employees
+
Add Comparison
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Competitors of Novelis

Novelis 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 Maini Precision Products, Ramkrishna Forgings, Bharat Forge, Dynamatic Technologies and Nemak, 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
domain founded_year HQ Location
Manufacturer & supplier of precision products and assemblies
domain founded_year HQ Location
Ramkrishna Forgings is engaged in metal forming and manufacturing.
domain founded_year HQ Location
Technology-enabled automotive tools, forging, and machining materials are manufactured.
domain founded_year HQ Location
Products for automotive, aeronautic, hydraulic, and security sectors are manufactured.
domain founded_year HQ Location
Automotive aluminium components are manufactured and supplied to OEMs worldwide.
domain founded_year HQ Location
Precision stamped components are manufactured and supplied to automotive OEMs.
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 Novelis

Frequently Asked Questions about Novelis

When was Novelis founded?

Novelis was founded in 2005 and raised its 1st funding round 4 years after it was founded.

Where is Novelis located?

Novelis is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Who is the current CEO of Novelis?

Steve Fisher is the current CEO of Novelis.

What does Novelis do?

Novelis was founded in 2005 and is headquartered in Atlanta, United States. Flat-rolled aluminum sheets are produced for the automotive sector, including vehicles from Ford, Jaguar, Land Rover, BMW, and Volvo. Supplies are also provided to industries such as beverage cans, architecture, and consumer electronics. Operations focus on serving original equipment manufacturers with specialized aluminum materials.

Who are the top competitors of Novelis?

Novelis's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.

How many acquisitions has Novelis made?

Novelis has made 1 acquisition, including Aleris.

Who are Novelis's investors?

Novelis has 2 investors. Key investors include Hindalco, and IMM Holdings.

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