About Prominance
Prominance is a company based in Sulur (India) founded in 2015 by Thangavelu Nandha Kumar.. Prominance has raised $12.47 million across 4 funding rounds from investors including Homworkssingapore and Sevenoaks Growth Partners. The company has 517 employees as of April 03, 2024. Prominance offers products and services including uPVC Windows, Casement uPVC Windows, Sliding uPVC Windows, Tilt and Turn uPVC Windows, and uPVC Doors. Prominance operates in a competitive market with competitors including KONE, VELUX, JELD-WEN, AeroShield and MI Windows and Doors, among others.
- Headquarter Sulur, India
- Employees 517 as on 03 Apr, 2024
- Founders Thangavelu Nandha Kumar
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pwds Extrusions Private Limited
- Date of Incorporation 03 Aug, 2021
- Jurisdiction Coimbatore, Tamil Nadu, India
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Annual Revenue
$25.86 M (USD)73.31as on Mar 31, 2023
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Net Profit
$741.26 K (USD)15.09as on Mar 31, 2023
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EBITDA
$2.65 M (USD)98.11as on Mar 31, 2023
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Total Equity Funding
$12.47 M (USD)
in 4 rounds
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Latest Funding Round
$3.25 M (USD), Series A
Jan 09, 2024
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Investors
Homworkssingapore
& 1 more
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Employee Count
517
as on Apr 03, 2024
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Products & Services of Prominance
Prominance offers a comprehensive portfolio of products and services, including uPVC Windows, Casement uPVC Windows, Sliding uPVC Windows, Tilt and Turn uPVC Windows, and uPVC Doors. 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.
Energy-efficient windows with UV resistance and soundproofing features.
Operable windows for ventilation and security in homes.
Space-saving windows with smooth operation and durability.
Versatile windows for airflow and easy cleaning.
Secure and energy-efficient doors for residential use.
Hinged doors with multi-point locking for safety.
Easy-to-use doors for modern home access.
Expandable doors for larger openings and flexibility.
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Funding Insights of Prominance
Prominance has successfully raised a total of $12.47M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.25 million completed in January 2024. 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 Total Funding
- Total Rounds 4
- Last Round Series A — $3.3M
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First Round
First Round
(27 Aug 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - Prominance | Valuation | Homworkssingapore |
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| Dec, 2022 | Amount | Series A - Prominance | Valuation | Homworkssingapore |
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| Apr, 2022 | Amount | Series A - Prominance | Valuation | Homworkssingapore |
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| 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 |
Investors in Prominance
Prominance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Homworkssingapore and Sevenoaks Growth Partners. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Prominance
| 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 - Prominance
| 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 |
Prominance Comparisons
Competitors of Prominance
Prominance 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 KONE, VELUX, JELD-WEN, AeroShield and MI Windows and Doors, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Elevators, escalators, and maintenance services for buildings are provided.
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| domain | founded_year | HQ Location |
VELUX is recognized for manufacturing skylights and roof windows.
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| domain | founded_year | HQ Location |
Doors and windows are manufactured and distributed globally by JELD-WEN.
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| domain | founded_year | HQ Location |
Insulated window panes are provided using silica aerogel technology.
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| domain | founded_year | HQ Location |
Windows and doors are manufactured for residential and commercial use.
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| domain | founded_year | HQ Location |
PVC windows and doors are manufactured and supplied worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Prominance
When was Prominance founded?
Prominance was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Prominance located?
Prominance is headquartered in Sulur, India. It is registered at Sulur, Tamil Nadu, India.
Is Prominance a funded company?
Prominance is a funded company, having raised a total of $12.47M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.09M, raised on Aug 27, 2021.
How many employees does Prominance have?
As of Apr 03, 2024, the latest employee count at Prominance is 517.
What is the annual revenue of Prominance?
Annual revenue of Prominance is $25.86M as on Mar 31, 2023.
What does Prominance do?
Prominance was founded in 2015 in Sulur, India, and operates as a manufacturer and supplier in the building materials sector. uPVC profiles are produced to meet enhanced mechanical properties and UV resistance requirements. Innovative manufacturing processes are employed, supported by advanced PLCSCADA systems for production control. Operations focus on windows and door products for domestic and commercial applications.
Who are the top competitors of Prominance?
Prominance's top competitors include KONE, MI Windows and Doors and AeroShield.
What products or services does Prominance offer?
Prominance offers uPVC Windows, Casement uPVC Windows, Sliding uPVC Windows, Tilt and Turn uPVC Windows, and 4 more products and services.
Who are Prominance's investors?
Prominance has 2 investors. Key investors include Homworkssingapore, and Sevenoaks Growth Partners.
What is Prominance's valuation?
The valuation of Prominance is $185.15M as of Jan 2024.