Pioneer Wincon

Chennai, India Founded: 1989 • Age: 37 yrs
Wind turbines are designed, manufactured, sold, marketed, and maintained.

About Pioneer Wincon

Pioneer Wincon is an Energy & Utilities company based in Chennai (India) founded in 1989. Wind turbines are designed, manufactured, sold, marketed, and maintained. Pioneer Wincon has raised $656.23 thousand across 3 funding rounds from investors including United States Department of Agriculture and IFU. The company has 322 employees. Pioneer Wincon offers products and services including P750/57, P750/49, and P250. Its focus areas include Energy, Wind Energy, Hardware Developer and Turbines. Its legal entity in India is Para Enterprises Pvt Ltd (U74900TN2005PTC057879). Its competitors include Suzlon, ReGen Powertech and Swan Turbine Services; 2 of its 3 listed competitors have raised funding.

Company details

Pioneer Wincon was founded in 1989 in Chennai, India, within the renewable energy sector. Wind power systems are designed, manufactured, sold, marketed, and maintained by the company. More than 1,000 turbines have been installed across operations in Tamil Nadu, Maharashtra, Gujarat, Karnataka, Madhya Pradesh, and Andhra Pradesh. The company operates as part of the Pioneer Asia Group, focusing on electricity generation from wind energy.

Key Metrics
  • Annual Revenue
    $13.47 M (USD)
    -12
    as on Mar 31, 2024
  • Net Profit
    -$800.87 K (USD)
    -5421
    as on Mar 31, 2024
  • EBITDA
    $218.14 K (USD)
    -80
    as on Mar 31, 2024
  • Total Equity Funding
    $656.23K (USD)

    in 3 rounds

  • Investors
  • Employee Count
    322

Products & Services of Pioneer Wincon

Pioneer Wincon offers a comprehensive portfolio of products and services, including P750/57, P750/49, and P250.

P750/57
Wind Turbine

750KW model for efficient wind energy generation

P750/49
Wind Turbine

750KW variant for renewable power production

P250
Wind Turbine

250KW turbine for smaller scale energy needs

Funding Insights of Pioneer Wincon

Pioneer Wincon has successfully raised a total of $656.23K across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $656,231
  • Total Rounds 3
  • First Round $319,702

    (Jun 1996)

  • Investors Count 2

All 3 funding rounds of Pioneer Wincon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2009Grant––
Jun 1996$656,231Series A–IFU
–
Jun 1996$319,702Debt – Conventional––
Valuation history

2 investors in total: 2 institutional.

Investors in Pioneer Wincon

Pioneer Wincon has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include United States Department of Agriculture and IFU.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm
1967ifu.dkCopenhagen, Denmark
Leadership is provided on agriculture, food, and rural development matters.
1862usda.gov
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Investor details for Pioneer Wincon

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Para Enterprises Private Limited (Pioneer Wincon)

Para Enterprises Private Limited is the primary company behind Pioneer Wincon. The boards of the 2 registered companies of Pioneer Wincon currently have 5 directors; the longest-serving is Sankaralingam Annamalai, appointed in 2008. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sankaralingam Annamalai
DIN 00001381
Director23 Jan 200818 yrs 9 moPara Enterprises Private Limited
Aruna Ashok
DIN 00143714
Director01 Feb 201214 yrs 9 moPara Enterprises Private Limited
Pramod Sankar
DIN 00142564
Director21 Sep 20188 yrs 1 moPioneer Wincon Energy Systems Private Limited
Maheswaran Pradeep Sankar
DIN 00144074
Managing Director21 Sep 20188 yrs 1 moPioneer Wincon Energy Systems Private Limited
Sankaralingam Maheswaran
DIN 00143046
Director21 Sep 20188 yrs 1 moPioneer Wincon Energy Systems Private Limited, Para Enterprises Private Limited

Timeline of Pioneer Wincon

3 dated milestones of Pioneer Wincon across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pioneer Wincon is founded.
  2. Funding First funding round of $320K.
  3. Funding Latest funding round, Grant,.

Competitors of Pioneer Wincon

Pioneer Wincon has 3 listed competitors in our database, 2 of them funded. They include Suzlon, ReGen Powertech and Swan Turbine Services.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
suzlon.com1995Pune, India$45.84M1,586
Wind turbines are manufactured and installed worldwide.
regenpowertech.com2006Chennai, India$83.83M269
Wind turbines and components are manufactured in Chennai, India.
swanturbines.com2001Hyderabad, India222
Offers overhaul, refurbishment, repair, and engineering services for power and industrial sectors.
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Detailed competitors of Pioneer Wincon

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Pioneer Wincon

The website of Pioneer Wincon (pioneerwincon.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▼ 22.5% vs previous month

Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Pioneer Wincon (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
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Frequently Asked Questions about Pioneer Wincon

Pioneer Wincon was founded in 1989 and raised its 1st funding round 7 years after it was founded.

Pioneer Wincon is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Pioneer Wincon is a funded company, having raised a total of $656.23K across 3 funding rounds to date. The company's 1st funding round was a Series A of $656.23K, raised on Jun 1996.

Pioneer Wincon has 322 employees.

Annual revenue of Pioneer Wincon is $13.47M as on Mar 31, 2024.

Pioneer Wincon was founded in 1989 in Chennai, India, within the renewable energy sector. Wind power systems are designed, manufactured, sold, marketed, and maintained by the company. More than 1,000 turbines have been installed across operations in Tamil Nadu, Maharashtra, Gujarat, Karnataka, Madhya Pradesh, and Andhra Pradesh. The company operates as part of the Pioneer Asia Group, focusing on electricity generation from wind energy.

Pioneer Wincon's top competitors include Suzlon, ReGen Powertech and Swan Turbine Services.

Pioneer Wincon offers P750/57, P750/49, and P250.

Pioneer Wincon has 2 investors. Key investors include United States Department of Agriculture, and IFU.

Pioneer Wincon is associated with 2 legal entities: Para Enterprises Private Limited, Pioneer Wincon Energy Systems Private Limited.

The legal entities of Pioneer Wincon currently have 6 directors, including Pramod Sankar, Maheswaran Pradeep Sankar, Sankaralingam Maheswaran and others.

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