About Optel Group
Optel Group is a company based in Quebec City (Canada) founded in 1989.. The company has 180 employees as of April 11, 2024. Optel Group has completed 2 acquisitions, including Verify Brand and vanguard-robotics. Optel Group operates in a competitive market with competitors including Asimily, TraceLink, Controlant, VPL and CenTrak, among others.
- Headquarter Quebec City, Canada
- Employees 180 as on 11 Apr, 2024
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Optel Vision India Private Limited
- Date of Incorporation 27 Oct, 2015
- Jurisdiction Goa, Goa, India
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Annual Revenue
$8.08 M (USD)1.19as on Mar 31, 2023
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Net Profit
$-132.26 K (USD)-246.45as on Mar 31, 2023
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EBITDA
$170.75 K (USD)-69.38as on Mar 31, 2023
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Latest Funding Round
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Investors
BDC
& 2 more
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Employee Count
180
as on Apr 11, 2024
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Investments & Acquisitions
Verify Brand
& 1 more
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Funding Insights of Optel Group
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(27 May 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Unspecified - Optel Group | Valuation | Fondaction , BDC |
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| May, 2021 | Amount | Grant - Optel Group | Valuation |
investors |
| 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 Optel Group
Optel Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, Fondaction and Sustainable Development Technology Canada. 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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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Offers sustainable finance and REER for individuals and businesses.
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Founded Year | Domain | Location | |
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Commercial banking services for small and medium-sized enterprises are provided.
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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 Optel Group
Optel Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Verify Brand and vanguard-robotics. 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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Collaborative robotics solutions for packaging automation are provided.
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2018 | ||||
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Cloud-enabled supply chain track and trace solutions are provided.
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2005 |
| 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 - Optel Group
| 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 |
Optel Group Comparisons
Competitors of Optel Group
Optel Group 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 Asimily, TraceLink, Controlant, VPL and CenTrak, 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 |
Medical device assets are managed via an online platform.
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| domain | founded_year | HQ Location |
Pharmaceutical supply chains are tracked via cloud and AI platforms.
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| domain | founded_year | HQ Location |
Cloud-based visibility is offered for cold chain supply management.
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| domain | founded_year | HQ Location |
SaaS supply chain management software is provided for life sciences.
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| domain | founded_year | HQ Location |
RTLS platform is provided for healthcare asset and patient tracking.
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| domain | founded_year | HQ Location |
Serialization software solutions are provided for the pharmaceutical industry.
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| 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 Optel Group
Frequently Asked Questions about Optel Group
When was Optel Group founded?
Optel Group was founded in 1989 and raised its 1st funding round 32 years after it was founded.
Where is Optel Group located?
Optel Group is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
How many employees does Optel Group have?
As of Apr 11, 2024, the latest employee count at Optel Group is 180.
What is the annual revenue of Optel Group?
Annual revenue of Optel Group is $8.08M as on Mar 31, 2023.
What does Optel Group do?
Provider of Track and Trace solutions for the pharma, medical device, and healthcare industries. The companys proprietary and customized solutions help clients in measuring, inspecting, controlling, and tracking their products. They offer inspection and serialization solutions for the global pharmaceutical industry through their expertise in the fields of engineering, optics, electronic innovation, data processing, mechanics, and robotics. They provide software platform OPTEL Certa to optimize the dispensing solutions for pharmacies and other healthcare organizations.
Who are the top competitors of Optel Group?
Optel Group's top competitors include Controlant, Asimily and VPL.
How many acquisitions has Optel Group made?
Optel Group has made 2 acquisitions, including Verify Brand, and vanguard-robotics.
Who are Optel Group's investors?
Optel Group has 3 investors. Key investors include BDC, Fondaction, and Sustainable Development Technology Canada.
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