About Summit Digitel
Summit Digitel is a Telecommunications company based in Mumbai (India) founded in 2013. Wireless telecommunication infrastructure services are provided, including passive elements. The company has 180 employees. Its chief executive, as recorded, is Dhananjay Joshi. Its Indian entity Summit Digitel Infrastructure Limited reported revenue of ₹12,820 Cr. Summit Digitel offers products and services including Telecom Infrastructure and Sustainability Services. Its focus areas include Telecom and Telecom Infrastructure.
Company details
Summit Digitel was founded in 2013 and is headquartered in Mumbai, India. Operations focus on the wireless telecommunication sector, where passive infrastructure services are delivered alongside quality products and support. An ecosystem is maintained to integrate inclusive growth, enabling individuals within the network to access opportunities. Services are extended across relevant geographies to support infrastructure needs.
- Headquarters Mumbai, India
- Employees 180
- SectorsTelecommunications
- Email••••••••
- Phone•••• ••••
- Website summitdigitel.com
- Social LinkedIn Facebook
- Legal Name Summit Digitel Infrastructure Limited
- Date of Incorporation 18 Jan, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹12,820 Cr
FY 2024 · +17% YoY
- Net Loss-₹3,038 Cr
FY 2024 · -24% margin
- EBITDA₹4,815 Cr
FY 2024 · 38% margin
- Latest Funding Round$500M (USD), Debt – Conventional
Sep 2021
- InvestorsAxis Bank
& 6 more
- Employee Count180
Associated legal entities of Summit Digitel
Summit Digitel operates through Summit Digitel Infrastructure Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Summit Digitel Infrastructure Limited CIN U64200MH2013PLC375466 | Active | 18 Jan 2013 | Mumbai, Maharashtra | ₹12,820 Cr | 180 | 8 | View details |
Products & Services of Summit Digitel
Summit Digitel offers a comprehensive portfolio of products and services, including Telecom Infrastructure and Sustainability Services.
Passive telecom infrastructure is provided to support network operations, focusing on quality and collaboration with partners.
Services related to environmental sustainability are offered, emphasizing ecological balance and safety in business operations.
Funding Insights of Summit Digitel
- Total Rounds 2
- Last Round Debt – Conventional — $500M
- Investors Count 7
All 2 funding rounds of Summit Digitel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
7 investors in total: 7 institutional.
Investors in Summit Digitel
Summit Digitel has secured backing from 7 investors, including institutional investors. Prominent investors backing the company include Axis Bank, HDFC Bank and HDFC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking and financial services are provided to diverse clients. | 1806 | sbi.co.in | Mumbai, India | |
Commercial and personal banking services are offered by HDFC Bank. | 1994 | hdfcbank.com | Mumbai, India | |
Commercial banking services are offered to individuals and businesses. | 1894 | pnbindia.in | Delhi, India | |
Commercial bank | 1911 | unionbankofindia.co.in | Mumbai, India | |
Commercial bank | 1994 | icicibank.com | Mumbai, India | |
Provider of a commercial banking services | 1993 | axisbank.com | Mumbai, India | |
Provider of housing finance solutions | 1977 | hdfc.com | Mumbai, India |
Investor details for Summit Digitel
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Board of directors of Summit Digitel Infrastructure Limited (Summit Digitel)
Summit Digitel Infrastructure Limited is the primary company behind Summit Digitel. The board of Summit Digitel Infrastructure Limited currently have 7 directors; the longest-serving is Dinesh Roopchand Jain, appointed in 2021. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh Roopchand Jain DIN 00059913 | CFO | 21 Sep 2021 | 5 yrs 1 mo | Summit Digitel Infrastructure Limited |
| Pooja Aggarwal DIN 07515355 | Director | 23 May 2022 | 4 yrs 5 mo | Summit Digitel Infrastructure Limited |
| Jagdish Kini Ganapathi DIN 00518726 | Director | 10 Aug 2022 | 4 yrs 3 mo | Summit Digitel Infrastructure Limited |
| Sunil Srivastav DIN 00237561 | Director | 10 Aug 2022 | 4 yrs 3 mo | Summit Digitel Infrastructure Limited |
| Prateek Shroff DIN 09338823 | Director | 15 May 2024 | 2 yrs 5 mo | Summit Digitel Infrastructure Limited |
| Gaurav Manoj Chowdhary DIN 09487942 | Director | 15 May 2024 | 2 yrs 5 mo | Summit Digitel Infrastructure Limited |
| Munish Seth DIN 02720293 | Managing Director | 25 Sep 2024 | 2 yrs 1 mo | Summit Digitel Infrastructure Limited |
People of Summit Digitel
1 people are tracked at Summit Digitel (1 in leadership); the tracked headcount is 180.
| Name | Role | Group |
|---|---|---|
| CEO & Managing Director | Leadership |
Complete people profiles for Summit Digitel
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Financials of Summit Digitel
Figures of Summit Digitel Infrastructure Limited, the primary company behind Summit Digitel, for FY 2024. Revenue was ₹12,820 Cr (+17% year on year). Net loss was -₹3,038 Cr (-24% margin). EBITDA was ₹4,815 Cr (38% margin). Revenue has grown at a compounded annual rate of +16% over three years and +675% over five years.
- ₹12,820 CrRevenue · FY 2024 · +17% YoY
- -₹3,038 CrNet loss · -24% margin
- ₹4,815 CrEBITDA · 38% margin
- ₹265 CrPaid-up capital
- 180Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +675%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Summit Digitel Infrastructure Limited are on its company page.
Detailed financial statements for Summit Digitel
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Summit Digitel
3 dated milestones of Summit Digitel across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Summit Digitel is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $500.0M.
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Related news about Summit Digitel
Complete news archive for Summit Digitel
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Frequently Asked Questions about Summit Digitel
Summit Digitel was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Summit Digitel is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dhananjay Joshi is the CEO of Summit Digitel, as recorded in our data.
Summit Digitel has 180 employees.
The primary company behind Summit Digitel, Summit Digitel Infrastructure Limited, reported revenue of ₹12,820 Cr for FY 2024, up 17% year on year.
Summit Digitel was founded in 2013 and is headquartered in Mumbai, India. Operations focus on the wireless telecommunication sector, where passive infrastructure services are delivered alongside quality products and support. An ecosystem is maintained to integrate inclusive growth, enabling individuals within the network to access opportunities. Services are extended across relevant geographies to support infrastructure needs.
Summit Digitel offers Telecom Infrastructure and Sustainability Services.
Summit Digitel has 7 investors. Key investors include Axis Bank, HDFC Bank, HDFC, Punjab National Bank, and ICICI Bank.
Summit Digitel operates through Summit Digitel Infrastructure Limited.
The legal entities of Summit Digitel currently have 7 directors, including Dinesh Roopchand Jain, Prateek Shroff, Jagdish Kini Ganapathi and others.