About Watertec
Watertec is a company based in Coimbatore (India) founded in 1997 was acquired by Warburg Pincus in June 2023.. The company has 1,001 employees as of April 05, 2024. Watertec offers products and services including Polymer Bathware, Mixers and Taps, Sanitaryware, and Pipes and Fittings. Watertec operates in a competitive market with competitors including Jacuzzi, Oyster Lifestyle, TROPICAL, Glocera and Plumbtech, among others.
- Headquarter Coimbatore, India
- Employees 1001 as on 05 Apr, 2024
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Watertec (India) Private Limited
- Date of Incorporation 19 Jun, 1995
- Jurisdiction Palladam, Tamil Nadu, India
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Annual Revenue
$42.17 M (USD)0as on Mar 31, 2018
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Net Profit
$5.43 M (USD)0as on Mar 31, 2018
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EBITDA
$10.2 M (USD)0as on Mar 31, 2018
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Latest Funding Round
- Investors
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Employee Count
1001
as on Apr 05, 2024
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Acquired by
Warburg Pincus
(Jun 27, 2023)
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Products & Services of Watertec
Watertec offers a comprehensive portfolio of products and services, including Polymer Bathware, Mixers and Taps, Sanitaryware, and Pipes and Fittings. 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.
Durable polymer products for bathing areas and fixtures.
Water control devices for efficient flow in homes.
Items like toilets and basins for hygiene and comfort.
CPVC and UPVC pipes for plumbing installations.
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Funding Insights of Watertec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Watertec
Watertec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Warburg Pincus. 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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Multi-stage private equity investments are pursued across diverse sectors.
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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 Watertec
| 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 - Watertec
| 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 |
Watertec Comparisons
Competitors of Watertec
Watertec 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 Jacuzzi, Oyster Lifestyle, TROPICAL, Glocera and Plumbtech, 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 |
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| domain | founded_year | HQ Location |
Hot tubs, swim spas, saunas, and bathroom products are manufactured.
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| domain | founded_year | HQ Location |
Manufactures bath fittings, spas, and uPVC windows for home use.
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| domain | founded_year | HQ Location |
Sells tiles, sanitaryware, bathroom fittings, kitchen accessories, and surfaces for homes.
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| domain | founded_year | HQ Location |
Offers luxurious sanitaryware, bathroom furniture, and accessories from global manufacturers.
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| domain | founded_year | HQ Location |
Manufactures and supplies faucets, showers, and bathroom accessories for homes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Watertec
Frequently Asked Questions about Watertec
When was Watertec founded?
Watertec was founded in 1997.
Where is Watertec located?
Watertec is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
How many employees does Watertec have?
As of Apr 05, 2024, the latest employee count at Watertec is 1,001.
What is the annual revenue of Watertec?
Annual revenue of Watertec is $42.17M as on Mar 31, 2018.
What does Watertec do?
Watertec, established in 1997, excels in producing consumer products, home furnishing products, home furniture, and bathroom. Manufacturer of fittings, accessories, and sanitary ware products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Watertec?
Watertec's top competitors include Jacuzzi, Glocera and Oyster Lifestyle.
What products or services does Watertec offer?
Watertec offers Polymer Bathware, Mixers and Taps, Sanitaryware, and Pipes and Fittings.
Who are Watertec's investors?
Watertec has 1 investor. Key investors include Warburg Pincus.