About Transteel
Transteel is a company based in Vijayawada (India) founded in 1995 by Shiraz Ibrahim.. Transteel has raised $534.47 thousand across 1 funding round from investors including Klub. The company has 181 employees as of November 28, 2024. Transteel offers products and services including Office Chairs, Workstations, Office Tables, and Office Storage. Transteel operates in a competitive market with competitors including 10Club, Nestasia, Fabindia, Durian and Ellementry, among others.
- Headquarter Vijayawada, India
- Employees 181 as on 28 Nov, 2024
- Founders Shiraz Ibrahim
- Stage Public
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Sectors
Consumer
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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 Transteel Seating Technologies Limited
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Annual Revenue
$7.17 M (USD)112.4as on Mar 31, 2023
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Net Profit
$1.09 M (USD)481.67as on Mar 31, 2023
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EBITDA
$2.02 M (USD)342.19as on Mar 31, 2023
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Total Equity Funding
$534.47 K (USD)
in 1 rounds
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Latest Funding Round
$534.47 K (USD), Unspecified
Oct 08, 2021
- Investors
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Employee Count
181
as on Nov 28, 2024
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IPO & Listings of Transteel
Transteel is a publicly listed company on the NSE with ticker symbol TRANSTEEL in India, operating in the Producer manufacturing 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.
Products & Services of Transteel
Transteel offers a comprehensive portfolio of products and services, including Office Chairs, Workstations, Office Tables, and Office Storage. 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.
Provides ergonomic seating for long-hour office use
Modular desks for efficient corporate workspaces
Functional tables for office setups and meetings
Storage solutions for organizing office environments
Funding Insights of Transteel
Transteel has successfully raised a total of $534.47K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $534.47 thousand completed in October 2021. 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 1
- Last Round Unspecified — $534,468
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First Round
First Round
(08 Oct 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Unspecified - Transteel | 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 Transteel
Transteel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Klub. 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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Fintech platform for revenue-based financing to digital businesses is provided.
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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 Transteel
| 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 - Transteel
| 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 |
Transteel Comparisons
Competitors of Transteel
Transteel 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 10Club, Nestasia, Fabindia, Durian and Ellementry, 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 |
Multi-category home products are offered through an internet-first platform.
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| domain | founded_year | HQ Location |
Internet-first brand of multi-category home improvement products
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| domain | founded_year | HQ Location |
Internet first brand of ethnic wear, home furniture, and home decor products
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| domain | founded_year | HQ Location |
Brand of home & office furniture and decor products
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| domain | founded_year | HQ Location |
Handmade home improvement products are sold online through Ellementry.
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| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and 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 Transteel
Frequently Asked Questions about Transteel
When was Transteel founded?
Transteel was founded in 1995 and raised its 1st funding round 26 years after it was founded.
Where is Transteel located?
Transteel is headquartered in Vijayawada, India. It is registered at Vijayawada, Andhra Pradesh, India.
Is Transteel a funded company?
Transteel is a funded company, having raised a total of $534.47K across 1 funding round to date. The company's 1st funding round was a Unspecified of $534.47K, raised on Oct 08, 2021.
How many employees does Transteel have?
As of Nov 28, 2024, the latest employee count at Transteel is 181.
What is the annual revenue of Transteel?
Annual revenue of Transteel is $7.17M as on Mar 31, 2023.
What does Transteel do?
Transteel was established in 1995 in Vijayawada, India, as a provider of e-commerce support services. Operations are centered on assisting online commerce platforms with various backend functions. The sector involves digital business infrastructure, including logistics and technical support. Geography is primarily based in India, with a focus on regional e-commerce needs. Leadership includes co-founder Shiraz Ibrahim, identified by PAN AAAPI7803B.
Who are the top competitors of Transteel?
What products or services does Transteel offer?
Transteel offers Office Chairs, Workstations, Office Tables, and Office Storage.
Is Transteel publicly traded?
Yes, Transteel is publicly traded on NSE under the ticker symbol TRANSTEEL.
Who are Transteel's investors?
Transteel has 1 investor. Key investors include Klub.
What is Transteel's ticker symbol?
The ticker symbol of Transteel is TRANSTEEL on NSE.
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