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
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Sectors
Natural Resources
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$1.07 B (USD)12as on Mar 31, 2023
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Net Profit
-$35.25 M (USD)-255as on Mar 31, 2023
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EBITDA
$59.65 M (USD)-42as on Mar 31, 2023
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Total Equity Funding
$98.18 M (USD)
in 3 rounds
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Latest Funding Round
$43.44 M (USD), Series C
Mar 28, 2022
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Investors
Tata Steel
& 5 more
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Employee Count
118
as on May 31, 2023
- Acquired by
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are managed across multiple sectors.
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A company involved in mining and trading activities.
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Steel and related metal products are manufactured globally.
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Locked | Locked | Locked |
Investor details for Thriveni
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Investments & Acquisitions by Thriveni
Investment portfolio details for Thriveni
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Financial Statements - Thriveni
Detailed financials for Thriveni
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Thriveni Comparisons
Peer comparison for Thriveni
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Competitors of Thriveni
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Latest news on 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.