About Rotomag
Rotomag is a company based in Anand (India) founded in 1993 by Umesh Balani. Rotomag has raised $5 million across 2 funding rounds from investors including BanyanTree Finance. The company has 115 employees as of November 28, 2024. Rotomag has completed 1 acquisition, including Statcon Energiaa. Rotomag offers products and services including Permanent Magnet DC Motors, Brushless DC Motors, and Wound Field DC Motors. Rotomag operates in a competitive market with competitors including Infinitum, Allient, Bonfiglioli, Allied Motion and TMEIC, among others.
- Headquarter Anand, India
- Employees 115 as on 28 Nov, 2024
- Founders Umesh Balani
- Stage Minicorn
-
Sectors
Industrial Goods & Manufacturing
-
Email
Locked
-
Phone
Locked
-
Website
Locked
- Legal Name Rotomag Enertec Limited
- Date of Incorporation 24 Aug, 1993
- Jurisdiction Vithal Udyognagar, Gujarat, India
-
Annual Revenue
$86.01 M (USD)11.98as on Mar 31, 2023
-
Net Profit
$4.45 M (USD)-13.69as on Mar 31, 2023
-
EBITDA
$6.79 M (USD)-19.64as on Mar 31, 2023
-
Total Equity Funding
$5 M (USD)
in 2 rounds
-
Latest Funding Round
Not available
- Investors
-
Employee Count
115
as on Nov 28, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rotomag
Rotomag offers a comprehensive portfolio of products and services, including Permanent Magnet DC Motors, Brushless DC Motors, and Wound Field DC Motors.
Efficient DC motors for industrial and machinery applications.
High-performance motors for automation and hydraulic systems.
Reliable motors designed for material handling equipment.
People of Rotomag
Unlock access to complete
Funding Insights of Rotomag
Rotomag has successfully raised a total of $5M across 2 strategic funding rounds. 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 Rotomag
Rotomag has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BanyanTree Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment firm engaging in diverse sector partnerships in India.
|
Locked | Locked | Locked |
Investor details for Rotomag
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Rotomag
Rotomag has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Statcon Energiaa.
Investment portfolio details for Rotomag
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Manufactures power converters and inverters for energy, defense, and industrial applications.
|
Locked | Locked | 1991 | Locked |
Complete acquisition details for Rotomag
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Rotomag
Detailed financials for Rotomag
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Rotomag Comparisons
Peer comparison for Rotomag
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Rotomag
Rotomag 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 Infinitum, Allient, Bonfiglioli, Allied Motion and TMEIC, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AC induction motors are manufactured by Infinitum.
|
|
| Locked | Locked | Locked |
Motors for Automation, Robotics, Automotive and more sectors
|
|
| Locked | Locked | Locked |
Manufacturer of gears, drive motors and gearboxes
|
|
| Locked | Locked | Locked |
Motor and servo motion products are manufactured for multiple markets.
|
|
| Locked | Locked | Locked |
Designs and manufactures induction and synchronous motors and generators.
|
Detailed competitors of Rotomag
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Rotomag
Complete news archive for Rotomag
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rotomag
Rotomag was founded in 1993 and raised its 1st funding round 22 years after it was founded.
Rotomag is headquartered in Anand, India. It is registered at Anand, Gujarat, India.
Umesh Balani is the current CEO of Rotomag. They have also founded this company.
Rotomag is a funded company, having raised a total of $5M across 2 funding rounds to date.
As of Nov 28, 2024, the latest employee count at Rotomag is 115.
Annual revenue of Rotomag is $86.01M as on Mar 31, 2023.
Headquarters in Anand, Gujarat, Rotomag is the manufacturer and supplier of solar powered DC surface and submersible pumps. The company claims to offer products which are developed using BLDC and PMDC technology. The company offer products including Permanent Magnet D.C.Motors, Wound Field D.C.Motors, Gear Motors, and Custom D.C.Motors and can be used for various applications such as irrigation, drinking water, aquaculture, floriculture, etc. The company has supplied over 15k solar pumps to various government projects across India and over 200 pumps internationally.
Rotomag's top competitors include Allient, Infinitum and Bonfiglioli.
Rotomag offers Permanent Magnet DC Motors, Brushless DC Motors, and Wound Field DC Motors.
Rotomag has made 1 acquisition, including Statcon Energiaa.
Rotomag has 1 investor. Key investors include BanyanTree Finance.
The valuation of Rotomag is $5.74M as of Sep 2015.