About Sumaxindia
Sumaxindia is a company based in Secunderabad (India) founded in 1994. It operates as a B2B, and D2C. The company has 88 employees as of March 31, 2022. Sumaxindia offers products and services including Adhesive Tapes, Rubbing & Polishing Compounds, Abrasive Sheets, Sanding Discs, and Body Shop Consumables. Sumaxindia operates in a competitive market with competitors including Akar Tools, Speed-A-Way, Kwik Patch, Ameya Finishing Solutions and CEV Engineering, among others.
- Headquarter Secunderabad, India
- Employees 88 as on 31 Mar, 2022
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Sectors
Chemicals & MaterialsTransportation, Automotive & Logistics
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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 Sumax Engineering Limited
- Date of Incorporation 21 Dec, 1994
- Jurisdiction Secunderabad, Telangana, India
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Annual Revenue
$11.37 M (USD)23.29as on Mar 31, 2022
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Net Profit
$333.48 K (USD)18.39as on Mar 31, 2022
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EBITDA
$614.58 K (USD)11.15as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
88
as on Mar 31, 2022
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Products & Services of Sumaxindia
Sumaxindia offers a comprehensive portfolio of products and services, including Adhesive Tapes, Rubbing & Polishing Compounds, Abrasive Sheets, Sanding Discs, and Body Shop Consumables. 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.
Tapes used for automotive masking and protection applications
Compounds for smoothing car exteriors and removing scratches
Sheets for sanding and surface preparation in auto refinish
Discs designed for automotive body shop sanding tasks
Products for daily body shop operations and maintenance
Pads supporting sanding and polishing in automotive care
Funding Insights of Sumaxindia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Sumaxindia
| 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 - Sumaxindia
| 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 |
Sumaxindia Comparisons
Competitors of Sumaxindia
Sumaxindia 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 Akar Tools, Speed-A-Way, Kwik Patch, Ameya Finishing Solutions and CEV Engineering, 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 |
Manufactures hand tools
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| domain | founded_year | HQ Location |
Produces high-quality aftermarket automotive lubricants, bearings, and accessories.
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| domain | founded_year | HQ Location |
Produces tire repair kits, industrial gloves, and heavy textiles for various industries.
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| domain | founded_year | HQ Location |
Provides CED coating for automotive parts with automated facilities in Pune.
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| domain | founded_year | HQ Location |
Manufactures CNG and LPG conversion kits, produces vehicles, supplies parts, and integrates workstations.
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| 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 Sumaxindia
When was Sumaxindia founded?
Sumaxindia was founded in 1994.
Where is Sumaxindia located?
Sumaxindia is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.
How many employees does Sumaxindia have?
As of Mar 31, 2022, the latest employee count at Sumaxindia is 88.
What is the annual revenue of Sumaxindia?
Annual revenue of Sumaxindia is $11.37M as on Mar 31, 2022.
What does Sumaxindia do?
Sumax Engineering Limited, based in India, manufactures a wide range of products for automotive OEMs and auto refinish markets, including abrasives, adhesive tapes, and body shop consumables. They offer a one-stop solution for car care needs, focusing on quality and affordability. With over 30 years of experience since 1994, the company provides premium items like polishing compounds and tools, serving customers through online sales and direct supply, emphasizing innovation and customer satisfaction.
Who are the top competitors of Sumaxindia?
Sumaxindia's top competitors include Speed-A-Way, Akar Tools and Kwik Patch.
What products or services does Sumaxindia offer?
Sumaxindia offers Adhesive Tapes, Rubbing & Polishing Compounds, Abrasive Sheets, Sanding Discs, and 2 more products and services.