About PRECiSMART
PRECiSMART is a company based in Pune (India) founded in 2022 by Laxman Sodanwar. It operates as a Marketplace, and B2B. The company has 130 employees as of March 31, 2023. PRECiSMART offers products and services including Fabrication, Forging & Casting, Machining, Extrusion, and 3D Printing. PRECiSMART operates in a competitive market with competitors including Zetwerk, Bijnis, ZYOD, Fashinza and Venwiz, among others.
- Headquarter Pune, India
- Employees 130 as on 31 Mar, 2023
- Founders Laxman Sodanwar
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Sectors
Energy & UtilitiesReal Estate & Construction Natural Resources
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Phone
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Website
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Social
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- Legal Name Precitech Equipments India Private Limited
- Date of Incorporation 28 Feb, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$5.66 M (USD)265.63as on Mar 31, 2023
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Net Profit
$313.04 K (USD)74.64as on Mar 31, 2023
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EBITDA
$742.95 K (USD)44.09as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
130
as on Mar 31, 2023
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Products & Services of PRECiSMART
PRECiSMART offers a comprehensive portfolio of products and services, including Fabrication, Forging & Casting, Machining, Extrusion, and 3D Printing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Crafts durable steel structures for industrial projects
Shapes metal components through forging processes
Cuts and forms parts for complex manufacturing needs
Creates cross-sectional profiles for industrial applications
Produces three-dimensional objects via additive technology
Funding Insights of PRECiSMART
| 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 |
Investments & Acquisitions by PRECiSMART
| 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 - PRECiSMART
| 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 |
Precismart Comparisons
Competitors of PRECiSMART
PRECiSMART 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 Zetwerk, Bijnis, ZYOD, Fashinza and Venwiz, 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 |
Manufacturing solutions are provided for industrial and consumer sectors.
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| domain | founded_year | HQ Location |
Online platform offering B2B sourcing and trading solutions
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| domain | founded_year | HQ Location |
End-to-end fashion manufacturing support is provided through digital tools.
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| domain | founded_year | HQ Location |
AI-enabled production solutions are offered for the fashion industry.
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| domain | founded_year | HQ Location |
Digital marketplace for capex procurement and vendor management for the manufacturing industry
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| domain | founded_year | HQ Location |
B2B Markplace for Manufacturing
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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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| 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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Frequently Asked Questions about PRECiSMART
When was PRECiSMART founded?
PRECiSMART was founded in 2022.
Where is PRECiSMART located?
PRECiSMART is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of PRECiSMART?
Laxman Sodanwar is the current CEO of PRECiSMART. They have also founded this company.
How many employees does PRECiSMART have?
As of Mar 31, 2023, the latest employee count at PRECiSMART is 130.
What is the annual revenue of PRECiSMART?
Annual revenue of PRECiSMART is $5.66M as on Mar 31, 2023.
What does PRECiSMART do?
PRECiSMART operates as a digital manufacturing marketplace, streamlining production and supply chains for various industries. It specializes in services like fabrication, forging, casting, and machining, serving sectors such as metals and mining, oil and gas, and construction. Based in Pune, India, the company emphasizes quality assurance, on-time delivery, and transparency to help clients reduce costs and optimize processes globally.
Who are the top competitors of PRECiSMART?
What products or services does PRECiSMART offer?
PRECiSMART offers Fabrication, Forging & Casting, Machining, Extrusion, and 3D Printing.
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