About Tufropes
Tufropes is a company based in Mumbai (India) founded in 1992 by Arun Goel and Virendra Jain was acquired by Aimia in January 2023.. The company has 1,559 employees as of April 04, 2024. Tufropes has completed 1 acquisition, including Cortland Company.
- Headquarter Mumbai, India
- Employees 1559 as on 04 Apr, 2024
- Founders Arun Goel, Virendra Jain
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Sectors
Chemicals & MaterialsIndustrial Goods & Manufacturing
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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 Tufropes Private Limited
- Date of Incorporation 19 Nov, 1992
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$48.74 M (USD)11as on Mar 31, 2023
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Net Profit
$9.45 M (USD)193.49as on Mar 31, 2023
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EBITDA
$5.01 M (USD)18.61as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
1559
as on Apr 04, 2024
- Investments & Acquisitions
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Acquired by
Aimia
(Jan 31, 2023)
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Funding Insights of Tufropes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Tufropes
Tufropes has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aimia. 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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Diversified operations are conducted across chemicals industries globally.
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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 Tufropes
Tufropes has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cortland Company. 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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Custom rope and cable solutions are manufactured for diverse industries.
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1979 |
| 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 - Tufropes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tufropes Comparisons
Competitors of Tufropes
| 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 Tufropes
Frequently Asked Questions about Tufropes
When was Tufropes founded?
Tufropes was founded in 1992.
Where is Tufropes located?
Tufropes is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Tufropes have?
As of Apr 04, 2024, the latest employee count at Tufropes is 1,559.
What is the annual revenue of Tufropes?
Annual revenue of Tufropes is $48.74M as on Mar 31, 2023.
What does Tufropes do?
Tufropes was founded in 1992 in Mumbai, India, as a manufacturer and exporter of synthetic ropes and nets. Operations focus on producing items for agricultural, safety, sports, plant support, and anti-bird applications, along with various rope products. Specifications are offered in standard and customized forms to meet client requirements. The company serves international markets from its base in the industrial sector.
How many acquisitions has Tufropes made?
Tufropes has made 1 acquisition, including Cortland Company.
Who are Tufropes's investors?
Tufropes has 1 investor. Key investors include Aimia.