About Presto Group
Presto Group is a company based in Faridabad (India) founded in 1983 by J N Malhotra. It operates as a Direct-to-Consumer (D2C) and Professional Services. Presto Group has raised $10.9 thousand across 1 funding round from investors including Jmd Sounds. The company has 66 employees as of April 07, 2024. Presto Group has completed 1 acquisition, including The truck trainers. Presto Group offers products and services including Paper & Packaging Testing Instruments, Paint, Plating & Coating Testing Instruments, Plastic & Polymer Testing Instruments, Environmental Testing Chambers, and PET & Preform Testing Instruments.
- Headquarter Faridabad, India
- Employees 66 as on 07 Apr, 2024
- Founders J N Malhotra
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Presto Stantest Pvt. Ltd.
- Date of Incorporation 12 Jun, 1997
- Jurisdiction Faridabad, Haryana, India
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Annual Revenue
$4.84 M (USD)32.61as on Mar 31, 2023
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Net Profit
$779.56 K (USD)18.58as on Mar 31, 2023
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EBITDA
$1.21 M (USD)40.63as on Mar 31, 2023
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Total Equity Funding
$10.9 K (USD)
in 1 rounds
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Latest Funding Round
$10.9 K (USD), Unspecified
Sep 16, 2008
- Investors
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Employee Count
66
as on Apr 07, 2024
- Investments & Acquisitions
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Products & Services of Presto Group
Presto Group offers a comprehensive portfolio of products and services, including Paper & Packaging Testing Instruments, Paint, Plating & Coating Testing Instruments, Plastic & Polymer Testing Instruments, Environmental Testing Chambers, and PET & Preform Testing Instruments.
Instruments for testing paper and packaging material quality.
Tools for evaluating paint and coating performance standards.
Devices for assessing plastic and polymer material durability.
Chambers for simulating environmental conditions on products.
Equipment for testing PET and preform product quality.
People of Presto Group
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Funding Insights of Presto Group
Presto Group has successfully raised a total of $10.9K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $10.9 thousand completed in September 2008. 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 Presto Group
Presto Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Jmd Sounds.
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Investor details for Presto Group
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Investments & Acquisitions by Presto Group
Presto Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The truck trainers.
Investment portfolio details for Presto Group
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Truck driving courses are offered to individuals and companies.
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Locked | Locked | 1996 | Locked |
Complete acquisition details for Presto Group
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Financial Statements - Presto Group
Detailed financials for Presto Group
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Presto Group Comparisons
Peer comparison for Presto Group
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Competitors of Presto Group
Detailed competitors of Presto Group
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Latest news on Presto Group
Complete news archive for Presto Group
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Frequently Asked Questions about Presto Group
Presto Group was founded in 1983 and raised its 1st funding round 25 years after it was founded.
Presto Group is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.
Gaurav Malhotra is the current CEO of Presto Group.
Presto Group is a funded company, having raised a total of $10.9K across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at Presto Group is 66.
Annual revenue of Presto Group is $4.84M as on Mar 31, 2023.
Presto Group, through its legal entity Presto Stantest Pvt. Ltd., is involved in the production of laboratory testing instruments and equipment. The company serves various sectors including paper and packaging, paint and coating, plastics, environmental testing, and PET products. Solutions are provided for quality control and material testing, ensuring high standards through advanced technology. With over 40 years of experience, operations are supported by state-of-the-art manufacturing facilities in India and a global presence across multiple countries.
Presto Group offers Paper & Packaging Testing Instruments, Paint, Plating & Coating Testing Instruments, Plastic & Polymer Testing Instruments, Environmental Testing Chambers, and PET & Preform Testing Instruments.
Presto Group has made 1 acquisition, including The truck trainers.
Presto Group has 1 investor. Key investors include Jmd Sounds.
The valuation of Presto Group is $192.58K as of Sep 2008.