About Silver Pumps
Silver Pumps is a company based in Rajkot (India) founded in 1981 by Dharamshi Bediya.. Silver Pumps has raised $107.27 million across 5 funding rounds from investors including Arpit Khandelwal, India Inflection Opportunity Fund and Krunal Pandya. The company has 3,250 employees as of March 31, 2025. Silver Pumps offers products and services including Pumps and Induction Motors.
- Headquarter Rajkot, India
- Employees 3250 as on 31 Mar, 2025
- Founders Dharamshi Bediya
- Stage Minicorn
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Sectors
Energy & Utilities
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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 Silver Consumer Electricals Limited
- Jurisdiction Lodhika, Gujarat, India
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Annual Revenue
$107.69 M (USD)0as on Mar 31, 2024
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Net Profit
$3.39 M (USD)0as on Mar 31, 2024
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EBITDA
$8.27 M (USD)0as on Mar 31, 2024
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Total Equity Funding
$107.27 M (USD)
in 5 rounds
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Latest Funding Round
$24.54 M (USD), Series C
May 19, 2025
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Investors
India Inflection Opportunity Fund
& 23 more
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Employee Count
3250
as on Mar 31, 2025
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Products & Services of Silver Pumps
Silver Pumps offers a comprehensive portfolio of products and services, including Pumps and Induction Motors. 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.
Pumps are produced for residential, agricultural, and industrial applications to support water management and irrigation needs.
Induction motors are manufactured for various uses in pumps and other equipment to ensure reliability and efficiency in operations.
Funding Insights of Silver Pumps
Silver Pumps has successfully raised a total of $107.27M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $24.54 million completed in May 2025. 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 Funding
- Total Rounds 5
- Last Round Series C — $24.5M
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First Round
First Round
(27 Dec 2022)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series C - Silver Pumps | Valuation | Krunal Pandya | |
| Mar, 2025 | Amount | Angel Round - Silver Pumps | Valuation | Amitaben Hitendrabhai Patel | |
| Jun, 2024 | Amount | Unspecified - Silver Pumps | Valuation | Arpit Khandelwal |
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| 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 Silver Pumps
Silver Pumps has secured backing from 24 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Arpit Khandelwal, India Inflection Opportunity Fund and Krunal Pandya. 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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Investment services are provided to emerging pre-IPO enterprises.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Provides alternative investment funds, portfolio management, and advisory services globally.
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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 Silver Pumps
| 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 - Silver Pumps
| 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 |
Silver Pumps Comparisons
Competitors of Silver Pumps
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Silver Pumps
When was Silver Pumps founded?
Silver Pumps was founded in 1981 and raised its 1st funding round 41 years after it was founded.
Where is Silver Pumps located?
Silver Pumps is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Is Silver Pumps a funded company?
Silver Pumps is a funded company, having raised a total of $107.27M across 5 funding rounds to date. The company's 1st funding round was a Unspecified of $23.93M, raised on Dec 27, 2022.
How many employees does Silver Pumps have?
As of Mar 31, 2025, the latest employee count at Silver Pumps is 3,250.
What is the annual revenue of Silver Pumps?
Annual revenue of Silver Pumps is $107.69M as on Mar 31, 2024.
What does Silver Pumps do?
Silver Pumps was established in 1981 in Rajkot, India, within the manufacturing sector focused on industrial and consumer electrical products. Operations center on producing centrifugal pumps, submersible pumps, electric motors, solar pump sets, and controllers. Additional items such as agricultural equipment, fans, appliances, and lighting solutions are also fabricated. The company serves markets through its domain silverpumps.com, with oversight from founder Dharamshi Bediya.
What products or services does Silver Pumps offer?
Silver Pumps offers Pumps and Induction Motors.
Who are Silver Pumps's investors?
Silver Pumps has 24 investors. Key investors include Arpit Khandelwal, India Inflection Opportunity Fund, Krunal Pandya, Madhuri Madhusudan Kela, and Middlepath Advisors.
What is Silver Pumps's valuation?
The valuation of Silver Pumps is $353.16M as of Jun 2024.