About TAFE
TAFE is a company based in Chennai (India) founded in 1960. It operates as a B2B, and D2C. The company has 10 employees as of March 31, 2023. TAFE has completed 1 acquisition, including imt.co.rs. TAFE offers products and services including Massey Ferguson Tractors, Eicher Tractors, Diesel Engines, and Hydraulic Pumps. TAFE operates in a competitive market with competitors including Sonalika, AutoNxt Automation, Escorts Kubota, Cellestial E-mobility and Moonrider, among others.
- Headquarter Chennai, India
- Employees 10 as on 31 Mar, 2023
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Sectors
Industrial Goods & ManufacturingAgriculture
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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 Tractors And Farm Equipment Limited
- Jurisdiction Tamilnadu, Tamil Nadu, India
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Annual Revenue
$1.06 B (USD)13.09as on Mar 31, 2023
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Net Profit
$130.86 M (USD)36.66as on Mar 31, 2023
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EBITDA
$93.59 M (USD)27.18as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
10
as on Mar 31, 2023
- Investments & Acquisitions
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Products & Services of TAFE
TAFE offers a comprehensive portfolio of products and services, including Massey Ferguson Tractors, Eicher Tractors, Diesel Engines, and Hydraulic Pumps. 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.
Tractors designed for farming and utility tasks
Cost-effective tractors for various applications
Engines for gensets and industrial use
Pumps for machinery and equipment
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Leadership Team
17 people
Software Development Team
12 people
Senior Team
9 people
Human Resources and Administration
7 people
Sales and Marketing
7 people
Corporate Team
4 people
Principal Team
3 people
Product Management Team
3 people
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Funding Insights of TAFE
| 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 |
Investments & Acquisitions by TAFE
TAFE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include imt.co.rs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Agricultural machinery and tractors are manufactured in Serbia.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TAFE
| 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 |
Tafe Comparisons
Competitors of TAFE
TAFE 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 Sonalika, AutoNxt Automation, Escorts Kubota, Cellestial E-mobility and Moonrider, 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 |
Agricultural machinery, including tractors, is manufactured and exported by Sonalika.
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| domain | founded_year | HQ Location |
Electric tractors are manufactured for agriculture, industry, and defense uses.
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| domain | founded_year | HQ Location |
Manufacturer of tractors, mobile cranes, and railway equipment
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| domain | founded_year | HQ Location |
AI-enabled electric tractors and components are manufactured.
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| domain | founded_year | HQ Location |
Heavy-duty electric tractors for agricultural use are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Tafe
Frequently Asked Questions about TAFE
When was TAFE founded?
TAFE was founded in 1960.
Where is TAFE located?
TAFE is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does TAFE have?
As of Mar 31, 2023, the latest employee count at TAFE is 10.
What is the annual revenue of TAFE?
Annual revenue of TAFE is $1.06B as on Mar 31, 2023.
What does TAFE do?
TAFE, incorporated in 1960 in Chennai, India, is a leading manufacturer of tractors and farm equipment, including brands like Massey Ferguson and Eicher. The company operates through a network of over 1600 dealers, exporting to more than 80 countries in Asia, Africa, Europe, and the Americas. It focuses on improving farm productivity with durable machinery, diesel engines, gensets, and hydraulic components, serving farmers and agricultural businesses worldwide.
Who are the top competitors of TAFE?
TAFE's top competitors include Escorts Kubota, AutoNxt Automation and Sonalika.
What products or services does TAFE offer?
TAFE offers Massey Ferguson Tractors, Eicher Tractors, Diesel Engines, and Hydraulic Pumps.
How many acquisitions has TAFE made?
TAFE has made 1 acquisition, including imt.co.rs.
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