About Vitesco Technologies
Vitesco Technologies is a Transportation, Automotive & Logistics company based in Hannover (Germany) founded in 2018, and was acquired by Dumarey Group in January 2024. Developer of powertrain system for multi-category vehicles. The company has 1,219 employees. Its chief executive, as recorded, is Andreas Wolf. Its website vitesco-technologies.com draws about 18 thousand monthly visits. Its Indian entity Vitesco Technologies India Private Limited reported revenue of ₹1,998 Cr. Vitesco Technologies offers products and services including Electrification Solutions, Combustion Technologies, and Software-Defined Vehicle. Its focus areas include Energy Tech, Electric Vehicles, Components and Powertrain Systems.
Company details
Vitesco Technologies was established in 2018 and is headquartered in Hannover, Germany. Focus is placed on the automotive sector, where powertrain systems are developed for passenger cars, commercial vehicles, and two-wheeled transport. The portfolio encompasses 48-volt electrification solutions, electric drives, and power electronics designed for hybrid and battery-electric vehicles. Additional offerings include combustion engine systems and broader electrification technologies to support diverse vehicle applications.
- Headquarters Hannover, Germany
- Employees 1,219
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Automotive Industry
- Email••••••••
- Website vitesco-technologies.com/en-us
- Social LinkedIn X Facebook
- Acquired by Dumarey Group (Jan 2024)
- Legal Name Vitesco Technologies India Private Limited
- Date of Incorporation 15 Jul, 2005
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹1,998 Cr
FY 2025 · +19% YoY
- Indian entity net profit₹124 Cr
FY 2025 · 6% margin
- Indian entity EBITDA₹245 Cr
FY 2025 · 12% margin
- Latest Funding Round$17.69M (USD), Grant
Aug 2024
- InvestorsEuropean Union
& 3 more
- Employee Count1,219
- Acquired byDumarey Group
(Jan 2024)
Associated legal entities of Vitesco Technologies
Vitesco Technologies operates through Vitesco Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vitesco Technologies India Private Limited CIN U29299PN2005PTC021027 | Active | 15 Jul 2005 | Pune, Maharashtra | ₹1,998 Cr | 1,161 | 3 | View details |
Products & Services of Vitesco Technologies
Vitesco Technologies offers a comprehensive portfolio of products and services, including Electrification Solutions, Combustion Technologies, and Software-Defined Vehicle.
Offers systems for electric vehicle electrification and energy efficiency.
Develops advanced combustion engines for automotive applications.
Provides software for vehicle connectivity and autonomous features.
Funding Insights of Vitesco Technologies
- Total Rounds 4
- Last Round Grant — $17.69M
- First Round $1.72M
(Jan 2020)
- Investors Count 3
All 4 funding rounds of Vitesco Technologies 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 |
|---|---|---|---|---|---|
| Aug 2024 | $17.69M | Grant | – | – | |
| Jan 2023 | $1.11M | Grant | – | – | |
| Jan 2021 | $3.74M | Grant | – | – | |
| Jan 2020 | $1.72M | Grant | – | – |
4 investors in total: 4 institutional.
Investors in Vitesco Technologies
Vitesco Technologies has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include European Union, Dumarey Group and Ministry of Economy, Finance and Industrial and Digital Sovereignty.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| economie.gouv.fr | ||||
A digital platform for public administration services in Czech Republic. | gov.cz | Czech Republic | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Developer of propulsion systems and related engineering services. This includes gear reducers, automatic transmissions, injectors, fuel rails, battery and flywheel products, control units, and engines from OEM partners. The company also offers a range of engineering services encompassing hardware and software development, system integration for hydrogen solutions, and testing and laboratory services. Manufacturing services for transmissions and reducers are also provided. Additionally, the company develops AI-based solutions. | dumarey.com | United States |
Investor details for Vitesco Technologies
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Board of directors of Vitesco Technologies India Private Limited (Vitesco Technologies)
Vitesco Technologies India Private Limited is the primary company behind Vitesco Technologies. The board of Vitesco Technologies India Private Limited currently have 2 directors; the longest-serving is Hardevi Gordhandas Vazirani, appointed in 2024. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hardevi Gordhandas Vazirani DIN 10212814 | Additional Director | 01 Oct 2024 | 2 yrs | Vitesco Technologies India Private Limited |
| Kadam Harsha Gopal DIN 07736005 | Additional Director | 01 Oct 2024 | 2 yrs | Vitesco Technologies India Private Limited |
People of Vitesco Technologies
1 people are tracked at Vitesco Technologies (1 in leadership); the tracked headcount is 1,219.
| Name | Role | Group |
|---|---|---|
Andreas Wolf | CEO | Leadership |
Complete people profiles for Vitesco Technologies
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Financials of Vitesco Technologies
Figures of Vitesco Technologies India Private Limited, the primary company behind Vitesco Technologies, for FY 2025. Revenue was ₹1,998 Cr (+19% year on year). Net profit was ₹124 Cr (6% margin). EBITDA was ₹245 Cr (12% margin). Revenue has grown at a compounded annual rate of +14% over three years and +20% over five years.
- ₹1,998 CrRevenue · FY 2025 · +19% YoY
- ₹124 CrNet profit · 6% margin
- ₹245 CrEBITDA · 12% margin
- ₹380 CrPaid-up capital
- 1,161Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vitesco Technologies India Private Limited are on its company page.
Detailed financial statements for Vitesco Technologies
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Timeline of Vitesco Technologies
5 dated milestones of Vitesco Technologies across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Vitesco Technologies is founded.
- Funding First funding round of $1.7M.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Dumarey Group.
- Funding Latest funding round, Grant, of $17.7M.
Web traffic of Vitesco Technologies
The website of Vitesco Technologies (vitesco-technologies.com) receives about 17.9K visits a month and ranks #1,214,552 among all websites worldwide, #10,296 in Automotive Industry.
- Monthly visits17.9K
▼ 24.6% vs previous month
- Unique visitors10.8K
per month
- Global rank#1,214,552
among all websites
- Category rank#10,296
Vehicles · Automotive Industry
- Bounce rate49%
- Pages per visit1.6
- Average visit22 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with Vitesco Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| autoneum.com | 100% | 26.5K | #1,177,562 | View details | |
| hyundai-kefico.com | 100% | 680.7K | #818,540 | View details | |
| talbros.com | 100% | 11.3K | #2,485,603 | View details | |
| ficosa.com | 100% | 34.3K | #525,683 | View details | |
electrive.com | electrive.com | 100% | #122,060 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Vitesco Technologies
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Related news about Vitesco Technologies
Complete news archive for Vitesco Technologies
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Frequently Asked Questions about Vitesco Technologies
Vitesco Technologies was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Vitesco Technologies is headquartered in Hannover, Germany. It is registered at Hannover, Niedersachsen, Germany.
Andreas Wolf is the CEO of Vitesco Technologies, as recorded in our data.
Vitesco Technologies has 1,219 employees.
The primary company behind Vitesco Technologies, Vitesco Technologies India Private Limited, reported revenue of ₹1,998 Cr for FY 2025, up 19% year on year.
Vitesco Technologies was established in 2018 and is headquartered in Hannover, Germany. Focus is placed on the automotive sector, where powertrain systems are developed for passenger cars, commercial vehicles, and two-wheeled transport. The portfolio encompasses 48-volt electrification solutions, electric drives, and power electronics designed for hybrid and battery-electric vehicles. Additional offerings include combustion engine systems and broader electrification technologies to support diverse vehicle applications.
Vitesco Technologies offers Electrification Solutions, Combustion Technologies, and Software-Defined Vehicle.
Vitesco Technologies has 4 investors. Key investors include European Union, Dumarey Group, Ministry of Economy, Finance and Industrial and Digital Sovereignty, and Portál veřejné správy.
Vitesco Technologies operates through Vitesco Technologies India Private Limited.
Yes. Vitesco Technologies was acquired by Dumarey Group in January 2024.
The legal entities of Vitesco Technologies currently have 3 directors, including Madhavi Anil Daptari, Hardevi Gordhandas Vazirani, Kadam Harsha Gopal.