About Vikran Group
Vikran Group is a company based in Thane (India) founded in 2008 by Rakesh Markhedkar.. Vikran Group has raised $18.47 million across 3 funding rounds from investors including Everest Finance and Investment, Samedh Trinity Partners and Ashish Kacholia. The company has 1,045 employees as of April 08, 2024. Vikran Group offers products and services including Power Transmission Services and Solar Power Solutions.
- Headquarter Thane, India
- Employees 1045 as on 08 Apr, 2024
- Founders Rakesh Markhedkar
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vikran Engineering Limited
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Annual Revenue
$106.75 M (USD)17.4as on Mar 31, 2025
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Net Profit
$9.11 M (USD)3.99as on Mar 31, 2025
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EBITDA
$19.08 M (USD)21.55as on Mar 31, 2025
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Total Equity Funding
$18.47 M (USD)
in 3 rounds
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Latest Funding Round
$5.99 M (USD), Series B
Jul 15, 2024
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Investors
Everest Finance and Investment
& 27 more
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Employee Count
1045
as on Apr 08, 2024
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IPO & Listings of Vikran Group
Vikran Group is a publicly listed company on the NSE with ticker symbol VIKRAN in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Vikran Group
Vikran Group offers a comprehensive portfolio of products and services, including Power Transmission Services and Solar Power Solutions. 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.
High-voltage transmission lines and substations up to 765 kV are constructed by Vikran Engineering to ensure uninterrupted energy flow.
Turnkey solar PV projects up to 100MWp are delivered by Vikran Engineering, focusing on efficient and sustainable energy solutions.
Funding Insights of Vikran Group
Vikran Group has successfully raised a total of $18.47M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.99 million completed in July 2024. 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 3
- Last Round Series B — $6.0M
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First Round
First Round
(31 Mar 2009)
- Investors Count 28
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series B - Vikran Group | Valuation | Pantomath Group |
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| Jan, 2024 | Amount | Series B - Vikran Group | Valuation |
investors |
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| Mar, 2009 | Amount | Series A - Vikran Group | Valuation | Abhishek Polyplast |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Vikran Group
Vikran Group has secured backing from 28 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Everest Finance and Investment, Samedh Trinity Partners and Ashish Kacholia. 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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Growth capital is provided to companies via private equity investments.
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Founded Year | Domain | Location | |
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Growth capital is provided to companies by Samedh Trinity Partners.
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Founded Year | Domain | Location | |
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Investment services are provided to emerging pre-IPO enterprises.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vikran Group
| 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 - Vikran Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Vikran Group Comparisons
Competitors of Vikran Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Vikran Group
Frequently Asked Questions about Vikran Group
When was Vikran Group founded?
Vikran Group was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Vikran Group located?
Vikran Group is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Is Vikran Group a funded company?
Vikran Group is a funded company, having raised a total of $18.47M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.68M, raised on Mar 31, 2009.
How many employees does Vikran Group have?
As of Apr 08, 2024, the latest employee count at Vikran Group is 1,045.
What is the annual revenue of Vikran Group?
Annual revenue of Vikran Group is $106.75M as on Mar 31, 2025.
What does Vikran Group do?
Founded in 2008 and based in Thane, India, operations are focused on the power sector. Electricity is supplied, alongside end-to-end services for infrastructure projects, including power transmission and EHV substations. Design, supply, civil works, construction, testing, and commissioning are handled comprehensively to support these activities.
What products or services does Vikran Group offer?
Vikran Group offers Power Transmission Services and Solar Power Solutions.
Is Vikran Group publicly traded?
Yes, Vikran Group is publicly traded on NSE under the ticker symbol VIKRAN.
Who are Vikran Group's investors?
Vikran Group has 28 investors. Key investors include Everest Finance and Investment, Samedh Trinity Partners, Ashish Kacholia, Deb Suppliers And Traders, and Faristafinancialconsultants.
What is Vikran Group's ticker symbol?
The ticker symbol of Vikran Group is VIKRAN on NSE.
What is Vikran Group's valuation?
The valuation of Vikran Group is $84.86M as of Jan 2024.