About Westway Electronics
Westway Electronics is a Technology company based in Noida (India) founded in 1975. LED TV, plastic molding, and PCB manufacturing services are provided. 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. Westway Electronics was last valued at $651.9 thousand in October 2009. Its Indian entity Westway Electronics Limited reported revenue of ₹407 Cr. Westway Electronics offers products and services including LED TV Manufacturing, Washing Machine Manufacturing, and PCBA Manufacturing. Its focus areas include Semiconductors and Electronic Manufacturing Services.
Company details
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.
- Headquarters Noida, India
- Employees 59
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website westwayelectronics.com
- Social LinkedIn X Facebook YouTube
- Legal Name Westway Electronics Limited
- Date of Incorporation 07 Sep, 1994
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹407 Cr
FY 2025 · -4% YoY
- Net Profit₹3.35 Cr
FY 2025 · 1% margin
- EBITDA₹12.86 Cr
FY 2025 · 3% margin
- Total Equity Funding$203.34K (USD)
in 2 rounds
- Latest Funding Round$106.53K (USD), Seed
Oct 2009
- Employee Count59
Associated legal entities of Westway Electronics
Westway Electronics operates through Westway Electronics 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 |
|---|---|---|---|---|---|---|---|
| Westway Electronics Limited CIN U74899DL1994PLC061330 | Active | 07 Sep 1994 | New Delhi, Delhi | ₹407 Cr | 59 | 4 | View details |
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.
Apps and channels of Westway Electronics
its YouTube channel Westway Electronics Ltd. has 543 subscribers and 21 videos.
Videos from Westway Electronics
The most watched videos on Westway Electronics's YouTube channel, Westway Electronics Ltd. (543 subscribers). Click a video to play it here.
More on Westway Electronics Ltd..
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.
- Total Funding $203,344
- Total Rounds 2
- Last Round Seed — $106,531
- First Round $96,813
(Mar 2009)
- Investors Count 4
All 2 funding rounds of Westway Electronics 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 |
|---|---|---|---|---|---|
| Oct 2009 | $106,531 | Seed | $651,900 | Shivam Leasings, Ritu Mercantiles | – |
| Mar 2009 | $96,813 | Seed | $488,750 | Shraman Estates, High Speed Commercials | – |
Last known valuation $651,900 (Oct 2009). 4 investors in total: 4 institutional.
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 |
|---|---|---|---|---|
Private equity is directed toward multiple sectors by Ritu Mercantiles. | ritumercantiles.tcc.mode | Delhi, India | ||
Investments across multiple sectors are managed by Shraman Estates. | shramanestates.tcc.mode | Delhi, India | ||
Multiple sectors are invested in by this private equity firm. | highspeedcommercials.tcc.mode | Delhi, India | ||
| shivamleasings.tcc.mode |
Investor details for Westway Electronics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Westway Electronics Limited (Westway Electronics)
Westway Electronics Limited is the primary company behind Westway Electronics. The board of Westway Electronics Limited currently have 4 directors; the longest-serving is Rajender Maini, appointed in 2001. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajender Maini DIN 01367927 | Director | 29 Aug 2001 | 25 yrs 2 mo | Westway Electronics Limited |
| Amit Maini DIN 01618958 | Director | 01 Mar 2005 | 21 yrs 8 mo | Westway Electronics Limited |
| Sumit Maini DIN 01368100 | Director | 01 Mar 2005 | 21 yrs 8 mo | Westway Electronics Limited |
| Inder Pal Oberai DIN 09733237 | Director | 12 Sep 2022 | 4 yrs 1 mo | Westway Electronics Limited |
People of Westway Electronics
1 people are tracked at Westway Electronics (1 in leadership); the tracked headcount is 59.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Westway Electronics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Westway Electronics
Figures of Westway Electronics Limited, the primary company behind Westway Electronics, for FY 2025. Revenue was ₹407 Cr (-4% year on year). Net profit was ₹3.35 Cr (1% margin). EBITDA was ₹12.86 Cr (3% margin). Revenue has grown at a compounded annual rate of 0% over three years and +27% over five years.
- ₹407 CrRevenue · FY 2025 · -4% YoY
- ₹3.35 CrNet profit · 1% margin
- ₹12.86 CrEBITDA · 3% margin
- ₹60 LakhPaid-up capital
- 59Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Westway Electronics Limited are on its company page.
Detailed financial statements for Westway Electronics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Westway Electronics
3 dated milestones of Westway Electronics across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Westway Electronics is founded.
- Funding First funding round of $97K.
- Funding Latest funding round, Seed, of $107K.
Web traffic of Westway Electronics
The website of Westway Electronics (westwayelectronics.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 30.9% vs previous month
Websites whose visitors overlap most with Westway Electronics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eitplems.com | 100% | View details | |||
| iljin.co.in | 87% | #291,856 | View details |
Top companies in Electronic Manufacturing & Components
3 companies that operate in the same segment as Westway Electronics (Electronic Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of ODM plus solutions for diverse industries | 1990 | Kochi, Kerala, India | USD 119.5 M | USD 253.11 M | 2,400 | |
Integrated electronics manufacturing and IoT solutions are delivered across industries. | 2008 | Mysuru, Karnataka, India | USD 22.44 M | USD 386.47 M | 3,850 | |
Electronics manufacturing services are provided for consumer and home products. | 1993 | Noida, Uttar Pradesh, India | USD 9.32 M | USD 5.17 B | 8,890 |
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Related news about Westway Electronics
Complete news archive for 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. The company's 1st funding round was a Seed of $96.81K, raised on Mar 2009.
Westway Electronics has 59 employees.
The primary company behind Westway Electronics, Westway Electronics Limited, reported revenue of ₹407 Cr for FY 2025, down 4% year on year.
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.
Westway Electronics operates through Westway Electronics Limited.
The legal entities of Westway Electronics currently have 4 directors, including Amit Maini, Inder Pal Oberai, Sumit Maini and others.