Versa Drives

Coimbatore, India Founded: 1989 • Age: 37 yrs
Custom motor control products and appliances are manufactured.
Annual revenue $5.6M Latest available
Total funding - 1 rounds
Employees 148 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Versa Drives

Versa Drives is a company based in Coimbatore (India) founded in 1989 by Sundar Muruganandhan. The company has 148 employees as of April 08, 2024. Versa Drives offers products and services including Variable Frequency Drive, Solar Pump Drive, Electric Vehicle Drive, Electronic Speed Controller, and Fan Drive. Versa Drives operates in a competitive market with competitors including Infinitum, Allient, Bonfiglioli, Allied Motion and Rotomag, among others.

  • Headquarter Coimbatore, India
  • Employees 148 as on 08 Apr, 2024
  • Founders Sundar Muruganandhan
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Legal Name Versa Drives Private Limited
  • Date of Incorporation 18 Mar, 2010
  • Jurisdiction Coimbatore, Tamil Nadu, India
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.64 M (USD)
    21.35
    as on Mar 31, 2023
  • Net Profit
    $109.35 K (USD)
    131.48
    as on Mar 31, 2023
  • EBITDA
    $560.6 K (USD)
    29.92
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    148

    as on Apr 08, 2024

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Products & Services of Versa Drives

Versa Drives offers a comprehensive portfolio of products and services, including Variable Frequency Drive, Solar Pump Drive, Electric Vehicle Drive, Electronic Speed Controller, and Fan Drive.

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Primary

Electronic device for adjusting AC motor speed and efficiency.

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Drive system for solar-powered pump operations.

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Controller for electric vehicle motor performance.

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System for managing drone motor speeds.

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Drive for efficient fan speed regulation.

Funding Insights of Versa Drives

Investors in Versa Drives

Versa Drives has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Murata Manufacturing.

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Institutional
Investor Description Founded Year Domain Location
Electronic components, modules, and devices are manufactured for various applications.
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Investor details for Versa Drives

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Investments & Acquisitions by Versa Drives

Investments
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Investment portfolio details for Versa Drives

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Financial Statements - Versa Drives

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Detailed financials for Versa Drives

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Versa Drives Comparisons

Versa Drives Primary company
Description
Custom motor control products and appliances are manufacture...
Location
Coimbatore, India
Founded Year
1989
Annual Revenue
$5.64 M (USD)
Net Profit
$109.35 K (USD)
EBITDA
$560.6 K (USD)
Employees
148
As of 2024
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Peer comparison for Versa Drives

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Competitors of Versa Drives

Versa Drives 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 Infinitum, Allient, Bonfiglioli, Allied Motion and Rotomag, among others.

Company Name Domain Founded year HQ Location Description
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AC induction motors are manufactured by Infinitum.
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Motors for Automation, Robotics, Automotive and more sectors
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Manufacturer of gears, drive motors and gearboxes
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Motor and servo motion products are manufactured for multiple markets.
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Manufacturer and supplier of PMDC motos
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Designs and manufactures induction and synchronous motors and generators.
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Detailed competitors of Versa Drives

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Latest news on Versa Drives

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Complete news archive for Versa Drives

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Frequently Asked Questions about Versa Drives

Versa Drives was founded in 1989 and raised its 1st funding round 30 years after it was founded.

Versa Drives is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.

As of Apr 08, 2024, the latest employee count at Versa Drives is 148.

Annual revenue of Versa Drives is $5.64M as on Mar 31, 2023.

Versa Drives was established in 1989 in Coimbatore, India, by Sundar Muruganandhan, who serves as founder and managing director. Custom-designed motor control products and appliances are produced for industrial applications. Operations are centered in the manufacturing sector, with a focus on engineering solutions. The company is headquartered in Coimbatore, serving regional and broader markets through tailored product development.

Versa Drives's top competitors include Allient, Infinitum and Bonfiglioli.

Versa Drives offers Variable Frequency Drive, Solar Pump Drive, Electric Vehicle Drive, Electronic Speed Controller, and Fan Drive.

Versa Drives has 1 investor. Key investors include Murata Manufacturing.

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