About Shreem Electric
Shreem Electric is a company based in Kolhapur (India) founded in 1976 by Victor A Ducharne. Shreem Electric has raised $20.28 million across 1 funding round from investors including Eight Roads Ventures. The company has 513 employees as of March 26, 2024. Shreem Electric offers products and services including Capacitors and Turnkey Solutions.
- Headquarter Kolhapur, India
- Employees 513 as on 26 Mar, 2024
- Founders Victor A Ducharne
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Shreem Electric Limited
- Date of Incorporation 02 Jan, 1976
- Jurisdiction Hatkanangale, Maharashtra, India
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Annual Revenue
$38.69 M (USD)23.08as on Mar 31, 2024
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Net Profit
$1.1 M (USD)431.5as on Mar 31, 2024
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EBITDA
$5.1 M (USD)19.74as on Mar 31, 2024
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Total Equity Funding
$20.28 M (USD)
in 1 rounds
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Latest Funding Round
$20.28 M (USD), Series B
Oct 15, 2010
- Investors
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Employee Count
513
as on Mar 26, 2024
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Products & Services of Shreem Electric
Shreem Electric offers a comprehensive portfolio of products and services, including Capacitors and Turnkey Solutions.
Medium and high voltage capacitors are manufactured and supplied for power quality management
Turnkey projects for substations and transmission lines are provided up to 400 KV system voltages
People of Shreem Electric
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Funding Insights of Shreem Electric
Shreem Electric has successfully raised a total of $20.28M through 1 strategic funding round. The most recent funding activity was a Series B round of $20.28 million completed in October 2010. 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 Shreem Electric
Shreem Electric has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Eight Roads Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment and global platform support for startups.
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Investor details for Shreem Electric
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Investments & Acquisitions by Shreem Electric
Investment portfolio details for Shreem Electric
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Financial Statements - Shreem Electric
Detailed financials for Shreem Electric
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Shreem Electric Comparisons
Peer comparison for Shreem Electric
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Competitors of Shreem Electric
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Latest news on Shreem Electric
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Frequently Asked Questions about Shreem Electric
Shreem Electric was founded in 1976 and raised its 1st funding round 34 years after it was founded.
Shreem Electric is headquartered in Kolhapur, India. It is registered at Kolhapur, Maharashtra, India.
Shreem Electric is a funded company, having raised a total of $20.28M across 1 funding round to date.
As of Mar 26, 2024, the latest employee count at Shreem Electric is 513.
Annual revenue of Shreem Electric is $38.69M as on Mar 31, 2024.
Manufacturer of power transmission and distribution equipment. This includes medium and high voltage capacitors, switchgear, control and relay panels, lightning arrestors, and monitoring devices. The company also provides turnkey solutions for capacitor banks and substations across various voltage classes. Its focus is on project management for substation projects and the creation of multi-product manufacturing facilities for transmission and distribution equipment.
Shreem Electric offers Capacitors and Turnkey Solutions.
Shreem Electric has 1 investor. Key investors include Eight Roads Ventures.