About Veira Group
Veira Group is a company based in Noida (India) founded in 1975.. Veira Group has raised $19.04 million across 1 funding round from investors including Maithan Alloys, India Inflection Opportunity Fund and Aaryan Mirai. The company has 13 employees as of April 01, 2024. Veira Group offers products and services including LED TVs, Washing Machines, Air Coolers, Personal Care Products, and Reverse Logistics. Veira Group operates in a competitive market with competitors including Flex, Oakter, Dixon Technologies, Virtuoso Optoelectronics and Numeric India, among others.
- Headquarter Noida, India
- Employees 13 as on 01 Apr, 2024
-
Sectors
Industrial Goods & Manufacturing
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name Veira Electronics Pvt. Ltd.
- Jurisdiction Delhi, Delhi, India
-
Annual Revenue
$88.98 M (USD)18.87as on Mar 31, 2024
-
Net Profit
$4.84 M (USD)335.82as on Mar 31, 2024
-
EBITDA
$4.19 M (USD)48.81as on Mar 31, 2024
-
Total Equity Funding
$19.04 M (USD)
in 1 rounds
-
Latest Funding Round
$19.04 M (USD), Unspecified
Feb 17, 2025
-
Investors
Maithan Alloys
& 4 more
-
Employee Count
13
as on Apr 01, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
Veira Group has successfully raised a total of $19.04M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $19.04 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $19.0M
-
First Round
First Round
(17 Feb 2025)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Unspecified - Veira Group | Valuation | Pantomath Group , Aaryan Mirai |
| 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 |
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. 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 |
|---|---|---|---|---|
|
Investment services are provided to emerging pre-IPO enterprises.
|
Founded Year | Domain | Location | |
|
AA
Anil Adlakha |
-
|
Founded Year | Domain | Location |
|
Ferro silicon manganese alloys are manufactured and exported globally.
|
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 Veira Group
| 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 - Veira Group
| 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 |
Veira Group Comparisons
Competitors of Veira Group
Veira Group 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 Flex, Oakter, Dixon Technologies, Virtuoso Optoelectronics and Numeric India, 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 |
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
|
|
| domain | founded_year | HQ Location |
Electronic contract manufacturing and design services are offered.
|
|
| domain | founded_year | HQ Location |
Electronics manufacturing services are provided for consumer and home products.
|
|
| domain | founded_year | HQ Location |
Installation services for LED-based lighting systems are provided.
|
|
| domain | founded_year | HQ Location |
Uninterrupted power supply systems for electronics are manufactured and supplied.
|
| 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 Veira Group
Frequently Asked Questions about Veira Group
When was Veira Group founded?
Veira Group was founded in 1975 and raised its 1st funding round 50 years after it was founded.
Where is Veira Group located?
Veira Group is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Veira Group a funded company?
Veira Group is a funded company, having raised a total of $19.04M across 1 funding round to date. The company's 1st funding round was a Unspecified of $19.04M, raised on Feb 17, 2025.
How many employees does Veira Group have?
As of Apr 01, 2024, the latest employee count at Veira Group is 13.
What is the annual revenue of Veira Group?
Annual revenue of Veira Group is $88.98M as on Mar 31, 2024.
What does Veira Group do?
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.
Who are the top competitors of Veira Group?
Veira Group's top competitors include Flex, Dixon Technologies and Brandworks Technologies.
What products or services does Veira Group offer?
Veira Group offers LED TVs, Washing Machines, Air Coolers, Personal Care Products, and Reverse Logistics.
Who are Veira Group's investors?
Veira Group has 5 investors. Key investors include Maithan Alloys, India Inflection Opportunity Fund, Aaryan Mirai, Aaryan Mirai Industries, and Anil Adlakha.