Rithwik Projects

Hyderabad, India Founded: 1999 • Age: 27 yrs
Road, power, and tunnel infrastructure development is undertaken.
Annual revenue $210.4M Latest available
Total funding $50.0M 1 rounds
Employees 1023 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Rithwik Projects

Rithwik Projects is a company based in Hyderabad (India) founded in 1999 by Chintakunta Munnuswamy Rajesh. Rithwik Projects has raised $49.98 million across 1 funding round from investors including Baring Private Equity Partners. The company has 1,023 employees as of July 14, 2024. Rithwik Projects offers products and services including Highway Construction, Irrigation Projects, Power Generation, Mining Operations, and Tunnel Construction. Rithwik Projects operates in a competitive market with competitors including Balfour Beatty, Afcons, Legrand, Sdiptech and L.B. Foster, among others.

  • Headquarter Hyderabad, India
  • Employees 1023 as on 14 Jul, 2024
  • Founders Chintakunta Munnuswamy Rajesh
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rithwik Projects Pvt. Ltd.
  • Jurisdiction Hyerabad, Telangana, India
Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure
Key Metrics
  • Annual Revenue
    $210.43 M (USD)
    54.21
    as on Mar 31, 2023
  • Net Profit
    $11.9 M (USD)
    127.81
    as on Mar 31, 2023
  • EBITDA
    $24.37 M (USD)
    55.61
    as on Mar 31, 2023
  • Total Equity Funding
    $49.98 M (USD)

    in 1 rounds

  • Latest Funding Round
    $49.98 M (USD), Private Equity Round

    Mar 26, 2008

  • Investors
  • Employee Count
    1023

    as on Jul 14, 2024

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Products & Services of Rithwik Projects

Rithwik Projects offers a comprehensive portfolio of products and services, including Highway Construction, Irrigation Projects, Power Generation, Mining Operations, and Tunnel Construction.

Primary

Building and maintaining highway networks for transportation

Developing systems for water supply and irrigation facilities

Constructing hydro and solar power projects for electricity

Managing coal and iron ore mining activities

Building tunnels for roads and water resources

People of Rithwik Projects

Headcount 500-1000
Employee Profiles 19
Board Members and Advisors 1
Employee Profiles
People
Ajaya Babu. N
Vice President Accounts , Finance , Company Secretary
People
P.J. Raghuram
DGM, PMC
People
Peta Ramakrishna Varaprasad
Assistant Engineer
People
M. Srinivasa Rao
Head, Plant & Machinery

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Board Members and Advisors
people
Govardhan Naidu Gummalla
Whole Time Director

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Funding Insights of Rithwik Projects

Rithwik Projects has successfully raised a total of $49.98M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $49.98 million completed in March 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Private Equity Round — $50.0M
  • First Round

    (26 Mar 2008)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2008 Amount Private Equity Round - Rithwik Projects Valuation

investors

Investors in Rithwik Projects

Rithwik Projects has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Baring Private Equity Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focusing on buyouts and investments in multiple sectors
Founded Year Domain Location

Investments & Acquisitions by Rithwik Projects

Investments

Financial Statements - Rithwik Projects

Rithwik Projects Comparisons

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Competitors of Rithwik Projects

Rithwik Projects 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 Balfour Beatty, Afcons, Legrand, Sdiptech and L.B. Foster, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Infrastructure financing, construction, and support services are provided globally.
domain founded_year HQ Location
Developer of oil & gas, underground, and urban infrastructure
domain founded_year HQ Location
Electrical and digital solutions for building infrastructures are provided.
domain founded_year HQ Location
Sustainable infrastructure development services are provided globally.
domain founded_year HQ Location
Manufacturer & fabricator of products and services for the rail, construction, energy and utility markets
domain founded_year HQ Location
Infrastructure development services are provided across various sites.

Latest news on Rithwik Projects

Frequently Asked Questions about Rithwik Projects

Rithwik Projects was founded in 1999 and raised its 1st funding round 9 years after it was founded.

Rithwik Projects is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Rithwik Projects is a funded company, having raised a total of $49.98M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $49.98M, raised on Mar 26, 2008.

As of Jul 14, 2024, the latest employee count at Rithwik Projects is 1,023.

Annual revenue of Rithwik Projects is $210.43M as on Mar 31, 2023.

Rithwik Projects was established in 1999 in Hyderabad, India, by founder Chintakunta Munnuswamy Rajesh. Infrastructure projects in roads, power, and tunnels are developed and executed within the construction sector. Operations are based in India, with a focus on engineering and project management services for public and private initiatives. The domain rithwikprojects.com serves as the primary online presence for company details.

Rithwik Projects's top competitors include Legrand, Hercules Site Services and Afcons.

Rithwik Projects offers Highway Construction, Irrigation Projects, Power Generation, Mining Operations, and Tunnel Construction.

Rithwik Projects has 1 investor. Key investors include Baring Private Equity Partners.

The valuation of Rithwik Projects is $124.98M as of Mar 2008.

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