About SciTech
SciTech is a company based in Mumbai (India) founded in 2007 was acquired by Advanced Enzyme Technologies in December 2020.. The company has 242 employees as of April 08, 2024. SciTech offers products and services including Effervescent Tablets, SoluGran, and Effervescent Powder. SciTech operates in a competitive market with competitors including Cupid, FAZE THREE LIMITED, Unison Metals, Promark and Flexipol Foams, among others.
- Headquarter Mumbai, India
- Employees 242 as on 08 Apr, 2024
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Sectors
Industrial Goods & Manufacturing
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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 Scitech Specialities Pvt. Ltd.
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$4.35 M (USD)-25.02as on Mar 31, 2023
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Net Profit
$-750.15 K (USD)-267.04as on Mar 31, 2023
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EBITDA
$217.87 K (USD)-81.41as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
242
as on Apr 08, 2024
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Acquired by
Advanced Enzyme Technologies
(Dec 28, 2020)
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Products & Services of SciTech
SciTech offers a comprehensive portfolio of products and services, including Effervescent Tablets, SoluGran, and Effervescent Powder. 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.
Tablets designed for quick dissolution in health applications.
Effervescent granules for enhanced nutrient delivery and consumption.
Powder form for easy mixing in various health and wellness uses.
Funding Insights of SciTech
| 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 SciTech
SciTech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Advanced Enzyme Technologies. 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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Enzymes are manufactured for nutrition, food, feed, and textile industries.
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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 SciTech
| 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 - SciTech
| 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 |
Scitech Comparisons
Competitors of SciTech
SciTech 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 Cupid, FAZE THREE LIMITED, Unison Metals, Promark and Flexipol Foams, 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 |
Contract manufacturer of male & female condoms
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| domain | founded_year | HQ Location |
Home furnishings and automobile textiles are contract-manufactured.
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| domain | founded_year | HQ Location |
Hot and cold rolled stainless steel sheets are contract manufactured.
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| domain | founded_year | HQ Location |
Contract manufacturing of IT products and furniture is conducted.
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| domain | founded_year | HQ Location |
Contract manufacturer of industrial grade foam products
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| domain | founded_year | HQ Location |
Specializes as a contract manufacturer of leather footwear, bags, and gloves.
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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 Scitech
Frequently Asked Questions about SciTech
When was SciTech founded?
SciTech was founded in 2007.
Where is SciTech located?
SciTech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of SciTech?
Vasant Laxminarayan Rathi is the current CEO of SciTech.
How many employees does SciTech have?
As of Apr 08, 2024, the latest employee count at SciTech is 242.
What is the annual revenue of SciTech?
Annual revenue of SciTech is $4.35M as on Mar 31, 2023.
What does SciTech do?
SciTech was established in 2007 in Mumbai, India, where contract manufacturing for industrial goods is conducted. Operations center on producing components and products based on client requirements within the manufacturing sector. Services encompass assembly, fabrication, and quality control for various industrial applications. The company operates under the domain scitech.net.in, with oversight provided by CEO Vasant Laxminarayan Rathi.
Who are the top competitors of SciTech?
SciTech's top competitors include Cupid, FAZE THREE LIMITED and Unison Metals.
What products or services does SciTech offer?
SciTech offers Effervescent Tablets, SoluGran, and Effervescent Powder.
Who are SciTech's investors?
SciTech has 1 investor. Key investors include Advanced Enzyme Technologies.
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