About STEERLife
STEERLife is a company based in Bengaluru (India) founded in 1993. STEERLife has raised $629.04 thousand across 2 funding rounds from investors including Vistra ITCL, Prasthavana and Ashok Gurudas. The company has 36 employees as of May 14, 2024. STEERLife offers products and services including Extrusion Equipment and Processing Technologies.
- Headquarter Bengaluru, India
- Employees 36 as on 14 May, 2024
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Sectors
Healthcare
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Steerlife India Private Limited
- Date of Incorporation 14 Jul, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$677.78 K (USD)12.59as on Mar 31, 2023
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Net Profit
-$475.14 K (USD)16.14as on Mar 31, 2023
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EBITDA
-$145.64 K (USD)46.7as on Mar 31, 2023
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Total Equity Funding
$629.04 K (USD)
in 2 rounds
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Latest Funding Round
$629.04 K (USD), Unspecified
Dec 29, 2019
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Investors
Vistra ITCL
& 17 more
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Employee Count
36
as on May 14, 2024
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Products & Services of STEERLife
STEERLife offers a comprehensive portfolio of products and services, including Extrusion Equipment and Processing Technologies.
Various series of extrusion equipment, such as OMega and mEGA, are utilized for material processing in industries like pharmaceuticals and plastics.
Technologies including Fractional Geometry and Continuous Granulation are employed for enhancing material properties and efficiency in food and waste management.
Funding Insights of STEERLife
STEERLife has successfully raised a total of $629.04K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $629.04 thousand completed in December 2019. 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 STEERLife
STEERLife has secured backing from 18 investors, including angel and institutional investors. Prominent investors backing the company include Vistra ITCL, Prasthavana and Ashok Gurudas.
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Financial services including accounting, taxation, GST registration, startup services, and business valuation in India.
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Potatoes are farmed, grain is marketed, and equipment services are provided in Maine.
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Investment management and trustee services for financial instruments are provided.
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Investor details for STEERLife
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Investments & Acquisitions by STEERLife
Investment portfolio details for STEERLife
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Financial Statements - STEERLife
Detailed financials for STEERLife
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Steerlife Comparisons
Peer comparison for STEERLife
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Competitors of STEERLife
Detailed competitors of STEERLife
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Latest news on Steerlife
Complete news archive for STEERLife
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Frequently Asked Questions about STEERLife
STEERLife was founded in 1993 and raised its 1st funding round 24 years after it was founded.
STEERLife is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Indu Bhushan is the current CEO of STEERLife.
STEERLife is a funded company, having raised a total of $629.04K across 2 funding rounds to date.
As of May 14, 2024, the latest employee count at STEERLife is 36.
Annual revenue of STEERLife is $677.78K as on Mar 31, 2023.
STEERLife was established in 1993 in Bengaluru, India, focusing on the pharmaceutical sector. Development of drugs and manufacturing equipment is conducted as core operations. The company operates from its base in India, with services extending to equipment production for pharmaceutical applications. Indu Bhushan is designated as CEO and Director, overseeing strategic activities. The domain steerlife.com is utilized for online presence.
STEERLife offers Extrusion Equipment and Processing Technologies.
STEERLife has 18 investors. Key investors include Vistra ITCL, Prasthavana, Ashok Gurudas, Narasimhan GS, and Ledger Services.
The valuation of STEERLife is $160.44K as of Mar 2017.