About PLUSS
PLUSS is a company based in Gurugram (India) founded in 1994 was acquired by CUMI in August 2021. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). PLUSS has raised $8.51 million across 5 funding rounds from investors including Tata Capital, CUMI and Millennium Alliance. The company has 185 employees as of April 01, 2024. PLUSS offers products and services including Phase Change Materials (PCM), Specialty Polymers, and Celsure® Packaging Solutions.
- Headquarter Gurugram, India
- Employees 185 as on 01 Apr, 2024
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Pluss Advanced Technologies Ltd.
- Date of Incorporation 30 Dec, 1993
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$7.28 M (USD)19.15as on Mar 31, 2023
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Net Profit
-$462.43 K (USD)44.79as on Mar 31, 2023
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EBITDA
-$418.42 K (USD)27.5as on Mar 31, 2023
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Total Equity Funding
$8.51 M (USD)
in 5 rounds
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Latest Funding Round
$4.13 M (USD), Series A
Sep 06, 2021
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Investors
Tata Capital
& 5 more
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Employee Count
185
as on Apr 01, 2024
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Acquired by
CUMI
(Aug 26, 2021)
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Products & Services of PLUSS
PLUSS offers a comprehensive portfolio of products and services, including Phase Change Materials (PCM), Specialty Polymers, and Celsure® Packaging Solutions.
Innovative materials are used for sustainable temperature control.
Polymers are modified for enhanced functional packaging properties.
Temperature-controlled packaging is provided for pharmaceutical shipments.
People of PLUSS
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Funding Insights of PLUSS
PLUSS has successfully raised a total of $8.51M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.13 million completed in September 2021. 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.
Investors in PLUSS
PLUSS has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Tata Capital, CUMI and Millennium Alliance.
| Investor | Description | Founded Year | Domain | Location |
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Sector agnostic incubation program based out of India
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Abrasives and ceramic fibers are manufactured by CUMI in India.
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Diversified non-banking financial services are provided by Tata Capital.
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Investor details for PLUSS
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Investments & Acquisitions by PLUSS
Investment portfolio details for PLUSS
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Financial Statements - PLUSS
Detailed financials for PLUSS
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Pluss Comparisons
Peer comparison for PLUSS
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Competitors of PLUSS
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Latest news on Pluss
Complete news archive for PLUSS
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Frequently Asked Questions about PLUSS
PLUSS was founded in 1994 and raised its 1st funding round 18 years after it was founded.
PLUSS is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
PLUSS is a funded company, having raised a total of $8.51M across 5 funding rounds to date.
As of Apr 01, 2024, the latest employee count at PLUSS is 185.
Annual revenue of PLUSS is $7.28M as on Mar 31, 2023.
Advanced phase change materials (PCM) and specialty polymers are developed by PLUSS to address thermal energy storage and packaging needs. Solutions are provided across sectors like life sciences, healthcare, agri-food cold chain, and climate technologies. Sustainable heating, cooling, and temperature-controlled logistics are facilitated through products like Celsure packaging and PCM-based refrigerated trucks. Operations span over 40 countries, supported by DSIR-certified RD centers and ISO-certified manufacturing locations. A commitment to sustainability is maintained through initiatives like PLUSSTAINABLE, aligning development with environmental responsibility.
PLUSS offers Phase Change Materials (PCM), Specialty Polymers, and Celsure® Packaging Solutions.
PLUSS has 6 investors. Key investors include Tata Capital, CUMI, Millennium Alliance, Ankit Jhanwar, and Devendra Jain.
The valuation of PLUSS is $25.58M as of Sep 2021.