About Veira Group
Veira Group is an Industrial Goods & Manufacturing company based in Noida (India) founded in 1975. Electronic products are manufactured on contract by Veira Group. The company has 13 employees. Its Indian entity Veira Electronics Private Limited reported revenue of ₹762 Cr. Veira Group offers products and services including LED TVs, Washing Machines, Air Coolers, Personal Care Products, and Reverse Logistics. Its focus areas include Retail, Contract Manufacturers, Electronics and Diversified. Its competitors include Oakter, Dixon Technologies and Virtuoso Optoelectronics; 2 of its 3 listed competitors have raised funding.
Company details
Veira Group was established in 1975 and is based in Noida, India. Operations focus on the electronics sector as a contract manufacturer. Services encompass the production of various electronic products for clients. The company maintains its headquarters in India, supporting manufacturing activities in the region. Key leadership includes the managing director role held by Sharan Maini.
- Headquarters Noida, India
- Employees 13
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website veiragroup.com
- Legal Name Veira Electronics Pvt. Ltd.
- Date of Incorporation 09 May, 1996
- Jurisdiction Delhi, India
- Annual Revenue₹762 Cr
FY 2024 · +19% YoY
- Net Profit₹41.47 Cr
FY 2024 · 5% margin
- EBITDA₹73.41 Cr
FY 2024 · 10% margin
- Latest Funding Round$19.04M (USD), Unspecified
Feb 2025
- InvestorsMaithan Alloys
& 4 more
- Employee Count13
Associated legal entities of Veira Group
Veira Group is associated with 2 registered companies on The Company Check; the primary company is Veira Electronics Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Veira Electronics Private Limited CIN U65993DL1996PTC078790 | Active | 09 May 1996 | Delhi, Delhi | ₹762 Cr | 13 | 3 | View details |
| Veira Electrotech Private Limited CIN U32308DL2019PTC358430 | Active | 05 Dec 2019 | Delhi, Delhi | ₹142 Cr | 2 | 4 | View details |
Products & Services of Veira Group
Veira Group offers a comprehensive portfolio of products and services, including LED TVs, Washing Machines, Air Coolers, Personal Care Products, and Reverse Logistics.
Manufacture high-quality visual display systems
Produce feature-rich home appliances
Assemble energy-efficient cooling devices
Offer fragrances and cosmetics
Provide take-back and repair solutions
Funding Insights of Veira Group
- Total Rounds 1
- Last Round Unspecified — $19.04M
- First Round $19.04M
(Feb 2025)
- Investors Count 5
All 1 funding rounds of Veira Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $19.04M | Unspecified | – | Pantomath Group, Aaryan Mirai |
5 investors in total: 4 institutional and 1 angel.
Investors in Veira Group
Veira Group has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Maithan Alloys, India Inflection Opportunity Fund and Aaryan Mirai.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services are provided to emerging pre-IPO enterprises. | pantomathamc.com | Mumbai, India | ||
AA Anil Adlakha | unknown_9892bc5f74354e1c8 | |||
Ferro silicon manganese alloys are manufactured and exported globally. | 1985 | maithanalloys.com | Bardhaman, India | |
| aaryanmirai.tcc.mode | ||||
| aaryanmiraiindustries.tcc.mode |
Investor details for Veira Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Veira Electronics Private Limited (Veira Group)
Veira Electronics Private Limited is the primary company behind Veira Group. The boards of the 2 registered companies of Veira Group currently have 5 directors; the longest-serving is Ankit Maini, appointed in 2007. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Maini DIN 01912372 | Director | 01 Dec 2007 | 18 yrs 10 mo | Veira Electronics Private Limited |
| Kashish Maini DIN 08630720 | Director | 05 Dec 2019 | 6 yrs 10 mo | Veira Electrotech Private Limited |
| Tania Maini DIN 08630721 | Director | 05 Dec 2019 | 6 yrs 10 mo | Veira Electrotech Private Limited |
| Preeti Maini DIN 01365827 | Director | 05 Dec 2019 | 6 yrs 10 mo | Veira Electrotech Private Limited, Veira Electronics Private Limited |
| Sharan Maini DIN 02620059 | Director | 05 Dec 2019 | 6 yrs 10 mo | Veira Electrotech Private Limited, Veira Electronics Private Limited |
People of Veira Group
1 people are tracked at Veira Group (1 in leadership); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Veira Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Veira Group
Figures of Veira Electronics Private Limited, the primary company behind Veira Group, for FY 2024. Revenue was ₹762 Cr (+19% year on year). Net profit was ₹41.47 Cr (5% margin). EBITDA was ₹73.41 Cr (10% margin). Revenue has grown at a compounded annual rate of +36% over three years and +31% over five years.
- ₹762 CrRevenue · FY 2024 · +19% YoY
- ₹41.47 CrNet profit · 5% margin
- ₹73.41 CrEBITDA · 10% margin
- ₹12.21 CrPaid-up capital
- 13Employees (provident fund records)
- +36%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Veira Electronics Private Limited are on its company page.
Detailed financial statements for Veira Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Veira Group
2 dated milestones of Veira Group across 50 years, from founding to its latest funding, stage changes and deals.
- Founded Veira Group is founded.
- Funding First funding round of $19.0M.
Competitors of Veira Group
Veira Group has 3 listed competitors in our database, 2 of them funded. They include Oakter, Dixon Technologies and Virtuoso Optoelectronics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oakter.com | 2014 | Noida, India | $567,150 | 103 | Electronic contract manufacturing and design services are offered. | |
| dixoninfo.com | 1993 | Noida, India | $9.32M | 1,565 | Electronics manufacturing services are provided for consumer and home products. | |
| voepl.com | 2015 | Nashik, India | 248 | Installation services for LED-based lighting systems are provided. |
Detailed competitors of Veira Group
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Web traffic of Veira Group
The website of Veira Group (veiragroup.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 17.7% vs previous month
Websites whose visitors overlap most with Veira Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| feltron.in | 100% | 2.4K | #6,680,556 | View details | |
tophillwellness.com | tophillwellness.com | 97% | #6,473,640 | – | |
| lripl.com | 96% | 15.4K | #1,348,562 | View details | |
wybor.in | wybor.in | 93% | #2,093,975 | – |
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Veira Group (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Related news about Veira Group
Complete news archive for Veira Group
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Frequently Asked Questions about Veira Group
Veira Group was founded in 1975 and raised its 1st funding round 50 years after it was founded.
Veira Group is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Veira Group has 13 employees.
The primary company behind Veira Group, Veira Electronics Private Limited, reported revenue of ₹762 Cr for FY 2024, up 19% year on year.
Veira Group was established in 1975 and is based in Noida, India. Operations focus on the electronics sector as a contract manufacturer. Services encompass the production of various electronic products for clients. The company maintains its headquarters in India, supporting manufacturing activities in the region. Key leadership includes the managing director role held by Sharan Maini.
Veira Group's top competitors include Dixon Technologies, Oakter and Virtuoso Optoelectronics.
Veira Group offers LED TVs, Washing Machines, Air Coolers, Personal Care Products, and Reverse Logistics.
Veira Group has 5 investors. Key investors include Maithan Alloys, India Inflection Opportunity Fund, Aaryan Mirai, Aaryan Mirai Industries, and Anil Adlakha.
Veira Group is associated with 2 legal entities: Veira Electronics Private Limited, Veira Electrotech Private Limited.
The legal entities of Veira Group currently have 5 directors, including Kashish Maini, Tania Maini, Preeti Maini and others.