About Techno Electric & Engineering
Techno Electric & Engineering is a company based in Kolkata (India) founded in 1963.. Techno Electric & Engineering has raised $13.9 million across 2 funding rounds from investors including IndiGrid. The company has 24,090 employees as of March 31, 2024. Techno Electric & Engineering operates in a competitive market with competitors including Banks Group, MTorres, Artha Energy Resources, Isolux Corsan and Obelisk, among others.
- Headquarter Kolkata, India
- Employees 24090 as on 31 Mar, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Techno Electric & Engineering Company Limited
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Annual Revenue
$265.07 M (USD)51as on Mar 31, 2024
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Net Profit
$49.42 M (USD)58.02as on Mar 31, 2024
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EBITDA
$40.42 M (USD)60.91as on Mar 31, 2024
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Total Equity Funding
$13.9 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
24090
as on Mar 31, 2024
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IPO & Listings of Techno Electric & Engineering
Techno Electric & Engineering is a publicly listed company on the NSE with ticker symbol TECHNOE in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Techno Electric & Engineering
Techno Electric & Engineering has successfully raised a total of $13.9M across 2 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jun 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Post-IPO - Techno Electric & Engineering | Valuation |
investors |
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| Jun, 2006 | Amount | Private Equity Round - Techno Electric & Engineering | Valuation |
investors |
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| 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 Techno Electric & Engineering
Techno Electric & Engineering has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IndiGrid. 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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Power transmission lines, substations, and battery storage systems are operated.
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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 Techno Electric & Engineering
| 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 - Techno Electric Engineering
| 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 |
Techno Electric & Engineering Comparisons
Competitors of Techno Electric & Engineering
Techno Electric & Engineering 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 Banks Group, MTorres, Artha Energy Resources, Isolux Corsan and Obelisk, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Renewable energy services for wind and solar farms are developed.
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| domain | founded_year | HQ Location |
Utility-scale wind farms are designed, developed, and operated by MTorres.
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| domain | founded_year | HQ Location |
Platform for mapping renewable energy generation assets
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| domain | founded_year | HQ Location |
EPC services are provided in energy and infrastructure sectors.
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| domain | founded_year | HQ Location |
Telecoms and renewable energy infrastructure solutions are provided.
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| domain | founded_year | HQ Location |
Recruitment services are provided to the oil and gas sector.
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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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Latest news on Techno Electric & Engineering
Frequently Asked Questions about Techno Electric & Engineering
When was Techno Electric & Engineering founded?
Techno Electric & Engineering was founded in 1963 and raised its 1st funding round 43 years after it was founded.
Where is Techno Electric & Engineering located?
Techno Electric & Engineering is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Who is the current CEO of Techno Electric & Engineering?
P. P. Gupta is the current CEO of Techno Electric & Engineering.
Is Techno Electric & Engineering a funded company?
Techno Electric & Engineering is a funded company, having raised a total of $13.9M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $13.9M, raised on Jun 01, 2006.
How many employees does Techno Electric & Engineering have?
As of Mar 31, 2024, the latest employee count at Techno Electric & Engineering is 24,090.
What is the annual revenue of Techno Electric & Engineering?
Annual revenue of Techno Electric & Engineering is $265.07M as on Mar 31, 2024.
What does Techno Electric & Engineering do?
Techno Electric Engineering Company entered the power generation sector by acquiring two wind energy generation companies. The company has emerged as an IPP with 207 MW wind energy capacity. TEECL along with its subsidiary, Simran Wind Project possesses an aggregate capacity of 163 MW. It aims to add 100 - 150 MW annually and own around 800 MW of renewable energy capacity by 2017. The company provides EPC services extending from complete power generating plants to system plant packages tailored to complement larger systems supplied by other companies.
Who are the top competitors of Techno Electric & Engineering?
Techno Electric & Engineering's top competitors include Artha Energy Resources, Isolux Corsan and Gemma Power.
Is Techno Electric & Engineering publicly traded?
Yes, Techno Electric & Engineering is publicly traded on NSE under the ticker symbol TECHNOE.
Who are Techno Electric & Engineering's investors?
Techno Electric & Engineering has 1 investor. Key investors include IndiGrid.
What is Techno Electric & Engineering's ticker symbol?
The ticker symbol of Techno Electric & Engineering is TECHNOE on NSE.
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