About TK Elevator
TK Elevator is a company based in Delhi (India) founded in 2002 was acquired by FAIN in July 2025.. TK Elevator has completed 6 acquisitions, including Accurate Elevator, Bay Elevator and CITY ELEVATOR. TK Elevator operates in a competitive market with competitors including Schindler, KONE, Savaria, ATIS Elevator Inspections and Nibav Home Lifts, among others.
- Headquarter Delhi, India
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Sectors
Business Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$332.91 K (USD), Grant
Sep 06, 2023
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Accurate Elevator
& 5 more
- Acquired by
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Software Development Team
110 people
Sales and Marketing
67 people
Leadership Team
60 people
Operations Team
54 people
Human Resources and Administration
45 people
Finance and Accounting
36 people
Product Management Team
23 people
Senior Team
17 people
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Funding Insights of TK Elevator
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $332,905
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Grant - TK Elevator | Valuation |
investors |
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| Jan, 2022 | Amount | Grant - TK Elevator | Valuation |
investors |
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| Oct, 2021 | Amount | Grant - TK Elevator | Valuation |
investors |
| 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 TK Elevator
TK Elevator has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, FAIN and Advent International. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity investments and portfolio management services are provided by Cinven across various sectors.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 TK Elevator
TK Elevator has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Accurate Elevator, Bay Elevator and CITY ELEVATOR. 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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Washing equipment is manufactured by Nordic-Lift in Norway.
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2014 | ||||
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Elevator management services are provided in North Bay, Canada.
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2013 | ||||
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Elevator repair, maintenance, and installation services are provided across Canada.
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2010 |
| 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 - TK Elevator
| 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 |
Tk Elevator Comparisons
Competitors of TK Elevator
TK Elevator 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 Schindler, KONE, Savaria, ATIS Elevator Inspections and Nibav Home Lifts, 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 |
Elevator maintenance and repair services are provided worldwide.
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| domain | founded_year | HQ Location |
Elevators, escalators, and maintenance services for buildings are provided.
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| domain | founded_year | HQ Location |
Lifts and elevators are manufactured and supplied by Savaria.
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| domain | founded_year | HQ Location |
Provider of premier elevator inspection services
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for vacuum home lifts and residential elevators.
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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 Tk Elevator
Frequently Asked Questions about TK Elevator
When was TK Elevator founded?
TK Elevator was founded in 2002 and raised its 1st funding round 15 years after it was founded.
Where is TK Elevator located?
TK Elevator is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of TK Elevator?
Peter Walker is the current CEO of TK Elevator.
What does TK Elevator do?
TK Elevator was founded in 2002 and is headquartered in Delhi, India. Operations focus on the consulting sector, where management advisory, business solutions, and infrastructure support are delivered. Services encompass strategic planning, operational improvements, and project management for various clients. The company is led by CEO Peter Walker, with activities centered in the Indian market and potential extensions to regional infrastructure needs.
Who are the top competitors of TK Elevator?
TK Elevator's top competitors include KONE, Schindler and Johnson Lifts.
How many acquisitions has TK Elevator made?
TK Elevator has made 6 acquisitions, including Accurate Elevator, Bay Elevator, and CITY ELEVATOR.
Who are TK Elevator's investors?
TK Elevator has 4 investors. Key investors include European Union, FAIN, Advent International, and Cinven.
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