About VEDA Group
VEDA Group is a company based in Indore (India) founded in 1954, and was acquired by Equifax in January 2016. Manufacturer of complete line of textile equipment and products. Its Indian entity Veda Texspares Pvt Ltd reported revenue of ₹2.5 Lakh.
Company details
The VEDA Group was founded in 1954 and is headquartered in Indore, India. Operations center on the textile sector, where a full range of equipment and related products is produced. Manufacturing processes are conducted primarily in India, supporting various textile applications. The company maintains a domain at vedagroup.in for its activities, with focus placed on equipment lines essential to textile production.
- Headquarters Indore, India
- Stage Acquired
- Website vedagroup.in
- Acquired by Equifax (Jan 2016)
- Legal Name Veda Texspares Pvt Ltd
- Date of Incorporation 18 Jan, 1994
- Jurisdiction Indore, Madhya Pradesh, India
Associated legal entities of VEDA Group
VEDA Group operates through Veda Texspares Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Veda Texspares Pvt Ltd CIN U51504MP1994PTC008068 | Active | 18 Jan 1994 | Indore, Madhya Pradesh | ₹0.0 Cr | 3 | View details |
Investors in VEDA Group
VEDA Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Equifax.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Credit score data is provided online for businesses and individuals. | 1899 | equifax.com | Atlanta, United States |
Investor details for VEDA Group
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Veda Texspares Pvt Ltd (VEDA Group)
Veda Texspares Pvt Ltd is the primary company behind VEDA Group. The board of Veda Texspares Pvt Ltd currently have 3 directors; the longest-serving is Richa Veda, appointed in 1994. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Richa Veda DIN 00511312 | Director | 18 Jan 1994 | 32 yrs 9 mo | Veda Texspares Pvt Ltd |
| Ankit Veda DIN 02191012 | Director | 28 Oct 2016 | 9 yrs 11 mo | Veda Texspares Pvt Ltd |
| Paridhi Veda DIN 10661687 | Director | 11 Jun 2024 | 2 yrs 4 mo | Veda Texspares Pvt Ltd |
Financials of VEDA Group
Figures of Veda Texspares Pvt Ltd, the primary company behind VEDA Group, for FY 2025. Revenue was ₹2.5 Lakh (+48% year on year). Net profit was ₹13,340 (5% margin). EBITDA was ₹18,546 (7% margin). Revenue has grown at a compounded annual rate of -12% over three years and -13% over five years.
- ₹2.5 LakhRevenue · FY 2025 · +48% YoY
- ₹13,340Net profit · 5% margin
- ₹18,546EBITDA · 7% margin
- ₹1.7 LakhPaid-up capital
- -12%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Veda Texspares Pvt Ltd are on its company page.
Detailed financial statements for VEDA Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of VEDA Group
2 dated milestones of VEDA Group across 62 years, from founding to its latest funding, stage changes and deals.
- Founded VEDA Group is founded.
- Exit Acquired by Equifax.
Web traffic of VEDA Group
The website of VEDA Group (vedagroup.in) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 13% vs previous month
Websites whose visitors overlap most with VEDA Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vedagroupindore.in | vedagroupindore.in | 100% | #10,053,206 | – |
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Frequently Asked Questions about VEDA Group
VEDA Group was founded in 1954.
VEDA Group is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
The primary company behind VEDA Group, Veda Texspares Pvt Ltd, reported revenue of ₹2.5 Lakh for FY 2025, up 48% year on year.
The VEDA Group was founded in 1954 and is headquartered in Indore, India. Operations center on the textile sector, where a full range of equipment and related products is produced. Manufacturing processes are conducted primarily in India, supporting various textile applications. The company maintains a domain at vedagroup.in for its activities, with focus placed on equipment lines essential to textile production.
VEDA Group has 1 investor. Key investors include Equifax.
VEDA Group operates through Veda Texspares Pvt Ltd.
Yes. VEDA Group was acquired by Equifax in January 2016.
The legal entities of VEDA Group currently have 3 directors, including Paridhi Veda, Richa Veda, Ankit Veda.