Velan IT

Bengaluru, India Founded: 2009 • Age: 17 yrs Acquired By Framatome
Multinational company offering a range of products and services, including valves, steam traps, and IT solutions

About Velan IT

Velan IT is a Technology company based in Bengaluru (India) founded in 2009, and was acquired by Framatome in April 2025. Multinational company offering a range of products and services, including valves, steam traps, and IT solutions. The company has 122 employees. Its focus areas include Business Services, IoT Services and IoT Development Services. Its legal entity is VELAN IT Solutions (P) Ltd.

Company details

Velan IT was established in 2009 in Bengaluru, India, as a multinational entity focused on industrial valves and IT services. Operations span multiple sectors, including severe-service cast and forged valves, steam traps, and related technical solutions. Products are manufactured across 12 global plants, serving industries such as energy and manufacturing. Distribution occurs through an international network to support worldwide applications.

  • Headquarters Bengaluru, India
  • Employees 122
  • Stage Acquired
  • Sectors
    Technology
  • Website velan.asia
  • Social X Facebook
  • Acquired by Framatome (Apr 2025)
  • Legal Name Velan It Solutions (P) Ltd
Key Metrics
  • Annual Revenue
    $8.63 M (USD)
    69
    as on Mar 31, 2024
  • Net Profit
    $371.63 K (USD)
    33
    as on Mar 31, 2024
  • EBITDA
    $568.13 K (USD)
    18
    as on Mar 31, 2024
  • Investors
  • Employee Count
    122
  • Acquired by
    Framatome

    (Apr 2025)

Investors in Velan IT

Velan IT has secured backing from 1 investor. Prominent investors backing the company include Framatome.

All
InvestorDescriptionFounded YearDomainLocation
Designer, manufacturer, and supplier of nuclear steam supply systems & nuclear equipment
1958framatome.comLa Defense, France
Premium access

Investor details for Velan IT

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Velan IT

2 dated milestones of Velan IT across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Velan IT is founded.
  2. Exit Acquired by Framatome.

Web traffic of Velan IT

The website of Velan IT (velan.asia) receives about 2.1K visits a month.

  • Monthly visits
    2.1K

    ▲ 41.4% vs previous month

Similar websites

Websites whose visitors overlap most with Velan IT. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
abhinavitsolutions.com
100%
1.3K#10,932,970View details
nextwebi.com
nextwebi.com
75%
#1,167,184–
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Frequently Asked Questions about Velan IT

Velan IT was founded in 2009.

Velan IT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Velan IT has 122 employees.

Annual revenue of Velan IT is $8.63M as on Mar 31, 2024.

Velan IT was established in 2009 in Bengaluru, India, as a multinational entity focused on industrial valves and IT services. Operations span multiple sectors, including severe-service cast and forged valves, steam traps, and related technical solutions. Products are manufactured across 12 global plants, serving industries such as energy and manufacturing. Distribution occurs through an international network to support worldwide applications.

Velan IT has 1 investor. Key investors include Framatome.

Velan IT operates through Velan It Solutions (P) Ltd.

Yes. Velan IT was acquired by Framatome in April 2025.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available