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Allygrow - About the company

Allygrow is an acquired company based in Pune (India), founded in 2015 by Vrishali Kamat. It operates as a Provider of product design and industrial automation engineering services to the automotive, aerospace, and heavy industries. Allygrow has raised $35.1M in funding from Zodius, with last known valuation of $*****. The company has 249 active competitors, including 10 funded and 24 that have exited. Its top competitors include companies like CIEL HR, Quess and FirstMeridian.

Company Details

Provider of product design and industrial automation engineering services to the automotive, aerospace, and heavy industries. It is a provider of product engineering, manufacturing engineering, and general engineering services to various industries including automotive, aerospace, and heavy machinery. The company offers design, development, and smart manufacturing solutions.
Registered Address
8th Floor, Unit 802 Amar Madhuban Tech Park, Survey No. 43/1 and 44/1/1 opp. Audi showroom, Baner, Pune, Baner Gaon, Pune, Haveli, Maharashtra, India, 411045
Key Metrics
Founded Year
2015
Location
Pune, India
Stage
Acquired
Total Funding
$35.1M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 22, 2021
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2024
Employee Count
90 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Ceinsys (Dec 22, 2021)

Allygrow's acquisition details

Allygrow got acquired by Ceinsys on Dec 22, 2021.
Click here to take a look at Allygrow's acquisition in detail
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Allygrow's funding and investors

Allygrow has raised a total funding of $35.1M over 5 rounds. Its first funding round was on Aug 11, 2015. Its latest funding round was a Series B round on Jan 10, 2019 for $*****. 2 investors participated in its latest round. Allygrow has 6 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Allygrow:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 10, 2019
8475679
Series B
4893414
6908557
1020733
9136059
Oct 16, 2017
7538502
Series B
5476802
1481015
6941801
Jul 25, 2016
7496460
Series B
3233586
5048673
6528834
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Allygrow's founders and board of directors

Founder? Claim Profile
The founders of Allygrow is Vrishali Kamat.
Here are the details of Allygrow's key team members:

Allygrow's Board of Directors

Allygrow's board has 3 active members. Neeraj Bhargava . and Vrishali Kamat are part of team and Vishal Shirish Panjuani is independent board member.
Here is the list of Allygrow's board of directors:
Name
Type
Representing
Status
Duration
rtscnpc
Team
-
Past
3y 7m
Investor
Zodius
Current
11y 0m
azbw{wz
Investor
bxwczix
Past
7y 1m
jyyqymk
Independent board member
-
Past
1y 1m
kjjhto{
Independent board member
-
Past
1y 8m
tcw{uwb
Independent board member
-
Past
6y 1m

Allygrow's employee count trend

Allygrow has 90 employees as of May 26. Here is Allygrow's employee count trend over the years:
Employee count trend for Allygrow
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Allygrow's Competitors and alternates

Top competitors of Allygrow include CIEL HR, Quess and FirstMeridian. Here is the list of Top 10 competitors of Allygrow, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CIEL HR
CIEL HR
2015, Bengaluru (India), Series A
Company offering a complete suite of tech-driven HR solutions, covering the entire employee lifecycle
$15.9M
77/100
2nd
Logo for Quess
Quess
2007, Bengaluru (India), Public
Provider of outsourcing and business services
-
68/100
3rd
Logo for FirstMeridian
FirstMeridian
2005, Bengaluru (India), Series A
Provider of human resources staffing and facility management services
$21.8M
67/100
4th
Logo for Cielo
Cielo
2005, Brookfield (United States), Acquired
Provider of HR consulting services
-
67/100
5th
Logo for ManpowerGroup
ManpowerGroup
1948, Milwaukee (United States), Public
Workforce solution provider
-
63/100
6th
Logo for Allegis Group
Allegis Group
1983, Hanover (United States), Unfunded
Provider of staffing & recruiting, and workforce management services
-
-
59/100
7th
Logo for Taggd
Taggd
2005, Gurugram (India), Acquired
Provider of recruitment process outsourcing and talent management services
$27.8M
58/100
8th
Logo for TrueBlue
TrueBlue
1989, Tacoma (United States), Public
Workforce solutions company specializing in staffing, recruiting, and workforce management services
-
-
57/100
9th
Logo for Cloudstaff
Cloudstaff
2011, Sydney (Australia), Series B
Provider of outsourcing solutions for businesses
$22.6M
54/100
10th
Logo for Randstad India
Randstad India
2005, Chennai (India), Funding Raised
Provider of recruitment process outsourcing services
-
53/100
12th
Logo for Allygrow
Allygrow
2015, Pune (India), Acquired
Provider of product design and industrial automation engineering services to the automotive, aerospace, and heavy industries
$35.1M
52/100
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Allygrow's Latest cap tables and shareholding

Founders own 3.94%, Funds (largest shareholder) own 75.15%, Enterprises own 6.89% and ESOP Pool own 14.01%. The net worth of Allygrow's founders is INR 6.3Cr as of Jan 10, 2019.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
3.94%
6.3Cr
688
255
212
378
123
638
575
487
531
415
Fund
75.15%
120Cr
3421145
2060312
3866604
3229538
8521889
4733839
7737038
5912803
2900041
3930301
1876790
2544210
3893835
9282514
4901008
5150577
Enterprise
6.89%
11Cr
785898
703655
678572
755215
ESOP Pool
14.01%
22.4Cr
9608305
6399009
9438466
5430938
Total
99.99%
160Cr
2549060
3219135
8823145
5312192
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Allygrow's Shareholding

Allygrow's Investments and acquisitions

Allygrow has made no investments or acquisitions yet.

Reports related to Allygrow

Here is the latest report on Allygrow's sector:

News related to Allygrow

•
Equirus advises Allygrow on its acquisition by CeinsysAsian News International•Dec 23, 2021•Allygrow, Ceinsys, LegaLogic
•
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