About SUKRUT Electric
SUKRUT Electric is a company based in Pune (India) founded in 1967 was acquired by Yash Highvoltage in July 2025.. The company has 40 employees as of February 19, 2025.
- Headquarter Pune, India
- Employees 40 as on 19 Feb, 2025
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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 Sukrut Electric Company Private Limited
- Date of Incorporation 17 Dec, 1981
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$2.99 M (USD)9.51as on Mar 31, 2024
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Net Profit
$-692.06 K (USD)5.65as on Mar 31, 2024
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EBITDA
$-359.11 K (USD)-19.81as on Mar 31, 2024
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Latest Funding Round
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Investors
Yash Highvoltage
& 1 more
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Employee Count
40
as on Feb 19, 2025
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Acquired by
Yash Highvoltage
(Jul 09, 2025)
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Funding Insights of SUKRUT Electric
| 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 SUKRUT Electric
SUKRUT Electric has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Yash Highvoltage and Quality Power. 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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Manufacturer of transformers, capacitors, and other products
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Founded Year | Domain | Location | |
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Transformer bushings for high voltage are manufactured in India.
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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 SUKRUT Electric
| 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 - SUKRUT Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sukrut Electric Comparisons
Competitors of SUKRUT Electric
| 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 SUKRUT Electric
When was SUKRUT Electric founded?
SUKRUT Electric was founded in 1967.
Where is SUKRUT Electric located?
SUKRUT Electric is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of SUKRUT Electric?
Atul Bapat is the current CEO of SUKRUT Electric.
How many employees does SUKRUT Electric have?
As of Feb 19, 2025, the latest employee count at SUKRUT Electric is 40.
What is the annual revenue of SUKRUT Electric?
Annual revenue of SUKRUT Electric is $2.99M as on Mar 31, 2024.
What does SUKRUT Electric do?
SUKRUT Electric was established in 1967 in Pune, India, with operations centered on the production and international export of transformer accessories and equipment. Items such as transformer bushings, flow indicators, protection relays, pressure relief valves, and gas collecting devices are included in the product lineup. Customer service and after-sales support are maintained as standard practices within the electrical equipment sector. The domain sukrutelectric.com is utilized for online presence.
Who are SUKRUT Electric's investors?
SUKRUT Electric has 2 investors. Key investors include Yash Highvoltage, and Quality Power.