About Varuna Pumps
Varuna Pumps is a company based in Ahmedabad (India) founded in 1935 was acquired by Kirloskar in June 2017.. The company has 411 employees as of April 09, 2024.
- Headquarter Ahmedabad, India
- Employees 411 as on 09 Apr, 2024
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Sectors
Industrial 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 La-Gajjar Machineries Private Limited
- Date of Incorporation 10 Apr, 1981
- Jurisdiction Sanand, Gujarat, India
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Annual Revenue
$69.5 M (USD)2.31as on Mar 31, 2023
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Net Profit
$548.44 K (USD)187.04as on Mar 31, 2023
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EBITDA
$2.75 M (USD)230.83as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
411
as on Apr 09, 2024
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Acquired by
Kirloskar
(Jun 21, 2017)
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Funding Insights of Varuna Pumps
| 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 Varuna Pumps
Varuna Pumps has secured backing from 1 investor. Prominent investors backing the company include Kirloskar Group. 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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Multiple industries are served by the diversified conglomerate.
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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 Varuna Pumps
| 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 - Varuna Pumps
| 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 |
Varuna Pumps Comparisons
Competitors of Varuna Pumps
| 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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Frequently Asked Questions about Varuna Pumps
When was Varuna Pumps founded?
Varuna Pumps was founded in 1935.
Where is Varuna Pumps located?
Varuna Pumps is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Varuna Pumps?
Yusuf Ikbal is the current CEO of Varuna Pumps.
How many employees does Varuna Pumps have?
As of Apr 09, 2024, the latest employee count at Varuna Pumps is 411.
What is the annual revenue of Varuna Pumps?
Annual revenue of Varuna Pumps is $69.5M as on Mar 31, 2023.
What does Varuna Pumps do?
Varuna Pumps was founded in 1935 in Ahmedabad, India, where agricultural pumps are produced for the farming sector. Operations focus on manufacturing equipment tailored to irrigation and agricultural needs, with the company maintaining a presence through its domain varunapumps.com. Leadership is provided by CEO Yusuf Ikbal, and activities are centered in the Indian market to support regional agriculture.
Who are Varuna Pumps's investors?
Varuna Pumps has 1 investor. Key investors include Kirloskar Group.