Thriveni

Salem, India Founded: 2000 • Age: 26 yrs Acquired By Tata Steel
Mineral beneficiation and metal manufacturing are pursued by diversified miner.
Annual revenue $1.1B Latest available
Total funding $98.2M 3 rounds
Employees 118 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Thriveni

Thriveni is a company based in Salem (India) founded in 2000 was acquired by Tata Steel in December 2025. Thriveni has raised $98.18 million across 3 funding rounds from investors including Tata Steel, Lloyds Metals and Energy and Aryan Mining. The company has 118 employees as of May 31, 2023.

  • Headquarter Salem, India
  • Employees 118 as on 31 May, 2023
  • Stage Minicorn
  • Sectors
    Natural Resources
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Natural Resources → Mining & Quarrying Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.07 B (USD)
    12
    as on Mar 31, 2023
  • Net Profit
    -$35.25 M (USD)
    -255
    as on Mar 31, 2023
  • EBITDA
    $59.65 M (USD)
    -42
    as on Mar 31, 2023
  • Total Equity Funding
    $98.18 M (USD)

    in 3 rounds

  • Latest Funding Round
    $43.44 M (USD), Series C

    Mar 28, 2022

  • Investors
    Tata Steel

    & 5 more

  • Employee Count
    118

    as on May 31, 2023

  • Acquired by
    Tata Steel

    & 1 more

    (Dec 10, 2025)

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People of Thriveni

Headcount 5000-10000
Employee Profiles 2
Board Members and Advisors 3
Employee Profiles
People
B. Prabhakaran
Managing Director
People
Brahmanand Pandey
President-commercial & Procurement

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Board Members and Advisors
people
Anurag Patnaik
Director
people
Paurush Roy
Director
people
Anshuman Patnaik
Director

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Teams

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Funding Insights of Thriveni

Thriveni has successfully raised a total of $98.18M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $43.44 million completed in March 2022. 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.

Investors in Thriveni

Thriveni has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Tata Steel, Lloyds Metals and Energy and Aryan Mining.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity investments are managed across multiple sectors.
Locked Locked Locked
A company involved in mining and trading activities.
Locked Locked Locked
Steel and related metal products are manufactured globally.
Locked Locked Locked
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Investor details for Thriveni

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Investments & Acquisitions by Thriveni

Investments
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Investment portfolio details for Thriveni

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Financial Statements - Thriveni

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Detailed financials for Thriveni

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Thriveni Comparisons

Thriveni Primary company
Description
Mineral beneficiation and metal manufacturing are pursued by...
Location
Salem, India
Founded Year
2000
Annual Revenue
$1.07 B (USD)
Net Profit
-$35.25 M (USD)
EBITDA
$59.65 M (USD)
Employees
118
As of 2023
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Peer comparison for Thriveni

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Competitors of Thriveni

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Detailed competitors of Thriveni

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Latest news on Thriveni

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Complete news archive for Thriveni

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Frequently Asked Questions about Thriveni

Thriveni was founded in 2000 and raised its 1st funding round 10 years after it was founded.

Thriveni is headquartered in Salem, India. It is registered at Salem, Tamil Nadu, India.

Thriveni is a funded company, having raised a total of $98.18M across 3 funding rounds to date.

As of May 31, 2023, the latest employee count at Thriveni is 118.

Annual revenue of Thriveni is $1.07B as on Mar 31, 2023.

The company was founded in 2000 in Salem, India, within the mining sector. Diversified operations are managed, including exploration, project execution, engineering, procurement, construction, and mineral processing. Services encompass mine development, equipment refurbishment, logistics, and marketing. Partnerships with local communities are emphasized to support economic growth in challenging environments, alongside investments in technological innovation for outcome-driven solutions.

Thriveni has 6 investors. Key investors include Tata Steel, Lloyds Metals and Energy, Aryan Mining, Indrani Patnaik, and Sudhir Kumar Sinha.

The valuation of Thriveni is $581.5M as of Mar 2022.

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