Vega Conveyors and Automation

Hyderabad, India Founded: 1999 • Age: 27 yrs Acquired By Daifuku
Material handling and conveying equipment is manufactured for automation needs.

About Vega Conveyors and Automation

Vega Conveyors and Automation is a company based in Hyderabad (India) founded in 1999 was acquired by Daifuku in April 2019.. The company has 135 employees as of October 08, 2024. Vega Conveyors and Automation operates in a competitive market with competitors including Central Conveyor, Compass Systems, NORCAN, BloApCo and Miven Mayfran Conveyors, among others.

  • Headquarter Hyderabad, India
  • Employees 135 as on 08 Oct, 2024
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Daifuku Intralogistics India Private Limited
  • Date of Incorporation 29 Oct, 1999
  • Jurisdiction Patancheru Mandal, Telangana, India
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
    $7.25 M (USD)
    62.93
    as on Mar 31, 2022
  • Net Profit
    $549 K (USD)
    -6
    as on Mar 31, 2022
  • EBITDA
    $922.72 K (USD)
    76.87
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    135

    as on Oct 08, 2024

  • Acquired by
    Daifuku

    (Apr 04, 2019)

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Funding Insights of Vega Conveyors and Automation

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Vega Conveyors and Automation

Vega Conveyors and Automation has secured backing from 1 investor. Prominent investors backing the company include Daifuku. 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.

All
Investor Description Founded Year Domain Location
Offers manufacturing, designing, and other services for logistics systems & material handling equipment
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vega Conveyors and Automation

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Vega Conveyors and Automation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vega Conveyors And Automation Comparisons

Employees
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Competitors of Vega Conveyors and Automation

Vega Conveyors and Automation 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 Central Conveyor, Compass Systems, NORCAN, BloApCo and Miven Mayfran Conveyors, 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
Automated conveyors and material handling systems are manufactured and supplied.
domain founded_year HQ Location
Pneumatic and steel hinged belt material handling solutions are provided.
domain founded_year HQ Location
Provider of collaborative robot for material handling
domain founded_year HQ Location
Waste handling and processing systems are manufactured by BloApCo.
domain founded_year HQ Location
Manufactures conveyors and filtration systems for industrial chip and scrap handling.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vega Conveyors And Automation

Frequently Asked Questions about Vega Conveyors and Automation

When was Vega Conveyors and Automation founded?

Vega Conveyors and Automation was founded in 1999.

Where is Vega Conveyors and Automation located?

Vega Conveyors and Automation is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

How many employees does Vega Conveyors and Automation have?

As of Oct 08, 2024, the latest employee count at Vega Conveyors and Automation is 135.

What is the annual revenue of Vega Conveyors and Automation?

Annual revenue of Vega Conveyors and Automation is $7.25M as on Mar 31, 2022.

What does Vega Conveyors and Automation do?

Founded in 1999 and based in Hyderabad, India, the company operates in the automation sector. A range of material handling solutions is produced, including telescopic conveyors, elevators, spiral systems, automated warehouses, rail-guided vehicles, and sorters. These equipments support industrial conveying and sorting processes across various applications.

Who are the top competitors of Vega Conveyors and Automation?

Vega Conveyors and Automation's top competitors include Central Conveyor, Ultimation and NORCAN.

Who are Vega Conveyors and Automation's investors?

Vega Conveyors and Automation has 1 investor. Key investors include Daifuku.

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