About PiTek
PiTek is a company based in Gladesville (Australia) founded in 2016 was acquired by Rahi in June 2019.. PiTek operates in a competitive market with competitors including Thermon, MKD Electric, Profarma, Enerveo and RULKA ELECTRICALS, among others.
- Headquarter Gladesville, Australia
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Sectors
Business Services
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Phone
*********
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Website
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Funding Insights of PiTek
| 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 PiTek
PiTek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Rahi. 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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Cloud, datacenter modernization, security, and related services are provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 PiTek
| 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 - PiTek
| 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 |
Pitek Comparisons
Competitors of PiTek
PiTek 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 Thermon, MKD Electric, Profarma, Enerveo and RULKA ELECTRICALS, 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 |
Engineered thermal solutions are provided for industrial heat tracing applications.
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Industrial electrical contracting and maintenance services are provided.
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Healthcare distribution and retail services are provided.
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Electrical and mechanical contracting services for infrastructure projects are provided.
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Commercial electrical services are provided for industrial clients.
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Electrical services are provided for building projects and maintenance.
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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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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PiTek
When was PiTek founded?
PiTek was founded in 2016.
Where is PiTek located?
PiTek is headquartered in Gladesville, Australia. It is registered at Gladesville, New South Wales, Australia.
What does PiTek do?
PiTek was founded in 2016 and is based in Gladesville, Australia. Operations focus on the electrical sector, where commercial electrical distribution services are delivered alongside airflow management solutions. These services support various commercial applications, ensuring efficient power and ventilation systems. The company operates primarily within the Australian market, addressing needs in building infrastructure and facility management.
Who are the top competitors of PiTek?
PiTek's top competitors include Thermon, MKD Electric and RULKA ELECTRICALS.
Who are PiTek's investors?
PiTek has 1 investor. Key investors include Rahi.