About Veeral
Veeral is a company based in Gandhinagar (India) founded in 1993 was acquired by Quality Power in December 2025. It operates as a B2B. The company has 110 employees as of March 31, 2024. Veeral operates in a competitive market with competitors including CleanMax, K P Energy, O2 Power, Apraava and Adani New Industries, among others.
- Headquarter Gandhinagar, India
- Employees 110 as on 31 Mar, 2024
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name Veeral Controls Private Limited
- Date of Incorporation 13 May, 1990
- Jurisdiction Gandhinagar, Gujarat, India
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Annual Revenue
$347.59 K (USD)-65.35as on Mar 31, 2024
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Net Profit
$-241.16 K (USD)-627.43as on Mar 31, 2024
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EBITDA
$-46.69 K (USD)-126.55as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
110
as on Mar 31, 2024
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Acquired by
Quality Power
(Dec 26, 2025)
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Funding Insights of Veeral
| 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 Veeral
Veeral has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Quality Power. 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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Manufacturer of transformers, capacitors, and other products
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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 Veeral
| 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 - Veeral
| 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 |
Veeral Comparisons
Competitors of Veeral
Veeral 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 CleanMax, K P Energy, O2 Power, Apraava and Adani New Industries, 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 |
Solar energy projects are developed for commercial and industrial clients.
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| domain | founded_year | HQ Location |
Wind Energy EPC provider
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| domain | founded_year | HQ Location |
Developer of solar and wind energy projects
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| domain | founded_year | HQ Location |
Integrated energy solutions are provided in generation, transmission, and metering.
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| domain | founded_year | HQ Location |
Multi-category tech-based services are provided in energy and industrial sectors.
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| domain | founded_year | HQ Location |
Bitumen and LPG are manufactured and transported by Agarwal Industrial.
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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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Frequently Asked Questions about Veeral
When was Veeral founded?
Veeral was founded in 1993.
Where is Veeral located?
Veeral is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
How many employees does Veeral have?
As of Mar 31, 2024, the latest employee count at Veeral is 110.
What is the annual revenue of Veeral?
Annual revenue of Veeral is $347.59K as on Mar 31, 2024.
What does Veeral do?
Veeral, based in Gandhinagar, focuses on working in the energy sector, promoting renewable energy, wind energy systems, and power supply instrumentation. Provides comprehensive solutions for HV systems, high current power supplies, and wind energy instrumentation. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Who are the top competitors of Veeral?
Veeral's top competitors include CleanMax, Agarwal Industrial and K P Energy.
Who are Veeral's investors?
Veeral has 1 investor. Key investors include Quality Power.