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
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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 Daifuku Intralogistics India Private Limited
- Date of Incorporation 29 Oct, 1999
- Jurisdiction Patancheru Mandal, Telangana, India
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Funding Insights of Vega Conveyors and Automation
| 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 |
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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.
| Investor | Description | Founded Year | Domain | Location |
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Offers manufacturing, designing, and other services for logistics systems & material handling equipment
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Vega Conveyors and Automation
| 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 - Vega Conveyors and Automation
| 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 |
Vega Conveyors And Automation Comparisons
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 |
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| domain | founded_year | HQ Location |
Automated conveyors and material handling systems are manufactured and supplied.
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| domain | founded_year | HQ Location |
Pneumatic and steel hinged belt material handling solutions are provided.
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| domain | founded_year | HQ Location |
Provider of collaborative robot for material handling
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| domain | founded_year | HQ Location |
Waste handling and processing systems are manufactured by BloApCo.
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| domain | founded_year | HQ Location |
Manufactures conveyors and filtration systems for industrial chip and scrap handling.
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| 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 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.