About Scania
Scania is a company based in Sodertalje (Sweden) founded in 1891 was acquired by Volkswagen Group in March 2008.. The company has 154 employees as of November 14, 2024. Scania has completed 3 acquisitions, including Arver, Haydock Commercial Vehicles and Northvolt. Scania offers products and services including Trucks, Buses, Engines, and Financial Services. Scania operates in a competitive market with competitors including NEVS, Ford, Volvo Trucks, Einride and Volta Trucks, among others.
- Headquarter Sodertalje, Sweden
- Employees 154 as on 14 Nov, 2024
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Sectors
Transportation, Automotive & Logistics
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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 Scania Commercial Vehicles India Private Limited
- Date of Incorporation 09 Feb, 2011
- Jurisdiction Kolar, Karnataka, India
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Annual Revenue
$35.77 M (USD)-21.7as on Mar 31, 2023
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Net Profit
$-2.72 M (USD)15.24as on Mar 31, 2023
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EBITDA
$-606.66 K (USD)12.68as on Mar 31, 2023
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Latest Funding Round
$941.46 K (USD), Grant
Jul 20, 2021
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Investors
Volkswagen Group
& 2 more
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Employee Count
154
as on Nov 14, 2024
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Investments & Acquisitions
Arver
& 2 more
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Acquired by
Volkswagen Group
(Mar 04, 2008)
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Products & Services of Scania
Scania offers a comprehensive portfolio of products and services, including Trucks, Buses, Engines, and Financial Services. 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.
Vehicles for goods transport and logistics operations
Passenger vehicles for urban and long-distance travel
Components for industrial and defence applications
Solutions for vehicle financing and leasing
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Software Development Team
165 people
Product Management Team
122 people
Sales and Marketing
43 people
Human Resources and Administration
38 people
Project Team
30 people
Leadership Team
20 people
Senior Team
20 people
Creative and Marketing Team
18 people
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Funding Insights of Scania
- Total Funding Total Funding
- Total Rounds 11
- Last Round Grant — $941,456
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First Round
First Round
(01 Sep 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Grant - Scania | Valuation |
investors |
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| May, 2019 | Amount | Grant - Scania | Valuation |
investors |
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| Sep, 2018 | Amount | Grant - Scania | Valuation |
investors |
| 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 Scania
Scania has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Volkswagen Group, European Union and Ministry of Economy, Finance and Industrial and Digital Sovereignty. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Passenger and commercial vehicles are manufactured globally by Volkswagen Group.
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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 Scania
Scania has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Arver, Haydock Commercial Vehicles and Northvolt. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Company specializing in the sale and maintenance of used trucks
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2019 | ||||
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Lithium-ion batteries for electric vehicles are manufactured and optimized.
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2016 | ||||
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Automotive repair, maintenance, and parts dealership services are provided.
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1919 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Scania
| 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 |
Scania Comparisons
Competitors of Scania
Scania 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 NEVS, Ford, Volvo Trucks, Einride and Volta Trucks, 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 |
Electric autonomous cars are manufactured for urban mobility needs.
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| domain | founded_year | HQ Location |
Automobiles and commercial vehicles are manufactured by Ford.
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| domain | founded_year | HQ Location |
Trucks are manufactured by Volvo Trucks in Sweden since 1928.
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| domain | founded_year | HQ Location |
Autonomous electric trucks are manufactured for freight and emissions management.
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| domain | founded_year | HQ Location |
Electric trucks with sustainable features are developed by Volta Trucks.
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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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Latest news on Scania
Frequently Asked Questions about Scania
When was Scania founded?
Scania was founded in 1891 and raised its 1st funding round 125 years after it was founded.
Where is Scania located?
Scania is headquartered in Sodertalje, Sweden. It is registered at Sodertalje, Stockholm County, Sweden.
Who is the current CEO of Scania?
Christian Levin is the current CEO of Scania.
How many employees does Scania have?
As of Nov 14, 2024, the latest employee count at Scania is 154.
What is the annual revenue of Scania?
Annual revenue of Scania is $35.77M as on Mar 31, 2023.
What does Scania do?
Scania was established in 1891 in Södertälje, Sweden, within the automotive sector. Trucks, buses, and coaches are produced as core platform products for commercial applications. Maintenance and repair services are provided to support vehicle operations. The company operates primarily in Europe, with global reach through its domain scania.com. Leadership is held by CEO Christian Levin.
What products or services does Scania offer?
Scania offers Trucks, Buses, Engines, and Financial Services.
How many acquisitions has Scania made?
Scania has made 3 acquisitions, including Arver, Haydock Commercial Vehicles, and Northvolt.
Who are Scania's investors?
Scania has 3 investors. Key investors include Volkswagen Group, European Union, and Ministry of Economy, Finance and Industrial and Digital Sovereignty.
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