About Westway Electronics
Westway Electronics is a company based in Noida (India) founded in 1975. Westway Electronics has raised $203.34 thousand across 2 funding rounds from investors including Shivam Leasings, Ritu Mercantiles and Shraman Estates. The company has 59 employees as of March 13, 2025. Westway Electronics offers products and services including LED TV Manufacturing, Washing Machine Manufacturing, and PCBA Manufacturing.
- Headquarter Noida, India
- Employees 59 as on 13 Mar, 2025
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Westway Electronics Limited
- Date of Incorporation 07 Sep, 1994
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$49.68 M (USD)8.69as on Mar 31, 2024
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Net Profit
$403.73 K (USD)3.66as on Mar 31, 2024
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EBITDA
$1.18 M (USD)28as on Mar 31, 2024
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Total Equity Funding
$203.34 K (USD)
in 2 rounds
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Latest Funding Round
$106.53 K (USD), Seed
Oct 19, 2009
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Investors
Shivam Leasings
& 3 more
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Employee Count
59
as on Mar 13, 2025
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Products & Services of Westway Electronics
Westway Electronics offers a comprehensive portfolio of products and services, including LED TV Manufacturing, Washing Machine Manufacturing, and PCBA Manufacturing.
Produces LED TVs for clients with efficient assembly processes.
Manufactures washing machines tailored to client specifications.
Handles printed circuit board assembly for various applications.
Funding Insights of Westway Electronics
Westway Electronics has successfully raised a total of $203.34K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $106.53 thousand completed in October 2009. 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.
Investors in Westway Electronics
Westway Electronics has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Shivam Leasings, Ritu Mercantiles and Shraman Estates.
| Investor | Description | Founded Year | Domain | Location |
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Private equity is directed toward multiple sectors by Ritu Mercantiles.
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Investments across multiple sectors are managed by Shraman Estates.
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Multiple sectors are invested in by this private equity firm.
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Investor details for Westway Electronics
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Investments & Acquisitions by Westway Electronics
Investment portfolio details for Westway Electronics
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Financial Statements - Westway Electronics
Detailed financials for Westway Electronics
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Westway Electronics Comparisons
Peer comparison for Westway Electronics
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Competitors of Westway Electronics
Detailed competitors of Westway Electronics
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Latest news on Westway Electronics
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Frequently Asked Questions about Westway Electronics
Westway Electronics was founded in 1975 and raised its 1st funding round 34 years after it was founded.
Westway Electronics is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Westway Electronics is a funded company, having raised a total of $203.34K across 2 funding rounds to date.
As of Mar 13, 2025, the latest employee count at Westway Electronics is 59.
Annual revenue of Westway Electronics is $49.68M as on Mar 31, 2024.
Westway Electronics was established in 1975 and is based in Noida, India. Operations focus on the electronics sector, where LED TV assembly, plastic molding, and printed circuit board (PCB) manufacturing services are delivered. The company supports various manufacturing needs through these core offerings, with leadership provided by Managing Director Sumit Maini. Activities are centered in the Indian market, emphasizing production capabilities for electronic components and assemblies.
Westway Electronics offers LED TV Manufacturing, Washing Machine Manufacturing, and PCBA Manufacturing.
Westway Electronics has 4 investors. Key investors include Shivam Leasings, Ritu Mercantiles, Shraman Estates, and High Speed Commercials.
The valuation of Westway Electronics is $651.9K as of Oct 2009.