When was Avalon founded?

Avalon was founded in 2000 and raised its 1st funding round 18 years after it was founded.

Where is Avalon located?

Avalon is headquartered in Chennai, India. It is registered at B-7 FIRST MAIN ROAD, MEPZ-SEZ, TAMBARAM, CHENNAI, Tamil Nadu, India, 600045.

Which legal entities is Avalon associated with?

Avalon is associated with Avalon Technologies Limited and 2 others.

How many employees does Avalon have?

As of Apr 30, 2026, the latest employee count at Avalon is 2510.

Is Avalon a funded company?

Avalon is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 18, 2018.

When was the latest funding round of Avalon?

Avalon's latest funding was a $***** Grant (prize money) round on Jan 01, 2022, with participation from 1 investor.

What is the annual revenue of Avalon?

Annual revenue of Avalon is more than ₹1,000 Cr as on Mar 31, 2025

Where does Avalon rank among its competitors?

Avalon ranks 8th amongst 1864 active competitors, of which 25 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Mekr Technologies, which secured $7.04M in Apr, 2026.

Who are the top competitors of Avalon?

Avalon's top competitors include Dixon Technologies, Foxconn Electronics and Kaynes Technology. Among them, Mekr Technologies secured the most recent funding round in April, 2026.

Avalon - 2026 Company Profile, Team, Funding, Competitors & Financials

Avalon is a public company based in Chennai (India), founded in 2000. It operates as a Manufacturer of electronic assemblies and integrated systems for diverse industrial and technical applications. Avalon has raised an undisclosed amount in funding. The company has 1864 active competitors, including 25 funded and 135 that have exited. Its top competitors include companies like Dixon Technologies, Foxconn Electronics and Kaynes Technology.

Company Details

Manufacturer of electronic assemblies and integrated systems for diverse industrial and technical applications. Services include design engineering, prototyping, and volume production of printed circuit board assemblies, cable harnesses, and precision metal components. Capabilities encompass machining, plastic injection molding, and magnetic assembly production. The company provides system integration, functional testing, and supply chain management to support product development and manufacturing requirements across various sectors.

Website: www.avalontec.com/
Social
Email ID: *****@avalontec.com
Phone Number: +91 **********
Registered Address: B-7 FIRST MAIN ROAD, MEPZ-SEZ, TAMBARAM, CHENNAI, Tamil Nadu, India, 600045

Key Metrics

Founded Year

2000

Location

Chennai, India

Stage

Public

Latest Funding Round

Grant (prize money), Jan 01, 2022, $*****

Investors

Europa

Ranked

8^th among 1864 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

2,510 as on Apr 30, 2026

Investment & Acquisitions

Zepco Technologies

Similar Companies

Dixon Technologies & 1891 more

Exit Details

Public

View Avalon's full profile

Avalon is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Avalon Technologies Limited CIN: L30007TN1999PLC043479 , India, Active	Nov 03, 1999	₹1,000+ Cr (As on Mar 31, 2025)	1555 (As on Apr 30, 2026)
AVALON INFORMATION SYSTEMS PRIVATE LIMITED CIN: U72200DL2006PTC156665 , India, Active	Dec 18, 2006	₹10 - ₹50 Cr (As on Mar 31, 2025)	43 (As on Feb 28, 2026)
AVALON TECHNOLOGY AND SERVICES PRIVATE LIMITED CIN: U72100TN2008PTC068955 , India, Active	Aug 21, 2008	₹100 - ₹500 Cr (As on Mar 31, 2025)	955 (As on Apr 30, 2026)

Avalon got listed on Apr 18, 2023.

Click here to take a look at Avalon's IPO in detail

Avalon has raised funding over 2 rounds. Its first funding round was on Sep 18, 2018. Its latest funding round was a Grant (prize money) round on Jan 01, 2022 for $*****. 1 investor participated in its latest round. Avalon has 1 institutional investor.

Here is the list of recent funding rounds of Avalon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2022	8154106	Grant (prize money)	4007080	1177925	1577313	6197333
Sep 18, 2018	5351409	Grant (prize money)	8260341	3270223	5282853	Europa

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View details of Avalon's funding rounds and investors

Here are the details of Avalon's key team members:

Kunhamed Bicha: CEO of Avalon. They serve on the board of 1 company.
Contact Info: 1 email address

Avalon's Board of Directors

Avalon's board has 9 active members. Kunhamed Bicha is part of team and Venkataramani Anantharamakrishnan, Luquman Veedu Ediyanam, Anees Ahmed, Nandita Abraham, Sareday Seshu Seshu Kumar, Bhaskar Srinivasan, Byas Unnikrishnan Nambisan and Chandar Pattabhiram are independent board members.

Here is the list of Avalon's board of directors:

Name	Type	Representing	Status	Duration
knemvdr	Team	-	Past	9y 1m
Venkataramani Anantharamakrishnan	Independent board member	-	Current	4y 2m
hsalooi	Independent board member	-	Current	4y 5m
hroebfr	Independent board member	-	Current	4y 5m
ntjbevu	Independent board member	-	Current	4y 7m
frdi{ju	Independent board member	-	Past	3y 4m
icchbux	Independent board member	-	Past	4y 6m
jdraugr	Independent board member	-	Past	5y 2m
gjzlidx	Independent board member	-	Past	8y 2m
iecunlr	Independent board member	-	Past	7y 4m
mtixtvu	Independent board member	-	Past	2y 8m
duhorfz	Independent board member	-	Past	1y 2m
dlqfapt	Independent board member	-	Past	2y 2m

View details of Avalon's Founder profiles and Board Members

Avalon's employee count trend

Avalon has 2,510 employees as of Apr 26. The total employee count is 18.0% more than what it was in Apr 25. Here is Avalon's employee count trend over the years:

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Top competitors of Avalon include Dixon Technologies, Foxconn Electronics and Kaynes Technology. Here is the list of Top 10 competitors of Avalon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Dixon Technologies 1993, Noida (India), Public	Provider of electronics manufacturing services	$9.32M	India Capital Growth, Steadview & 2 others	73/100
2nd	Foxconn Electronics 1974, Taipei (Taiwan), Public	Electronic products manufacturer	-	Demtech, WK Technology Fund & 3 others	73/100
3rd	Kaynes Technology 2008, Mysuru (India), Public	Integrated electronics manufacturer offering end-to-end and IoT solutions across various industries	$22.4M	Acacia Banyan Partners, East Fifty Four & 31 others	69/100
4th	Mekr Technologies 2022, Sonipat (India), Series A	A digital manufacturing platform for end to end electronic product manufacturing	$8.58M	Avaana Capital Advisors, Titan Capital & 16 others	67/100
5th	SFO Technologies 1990, Kochi (India), Late Stage	Provider of ODM Plus solutions	$120M	True North, Infrastructure Leasing & Financial Services ... & 19 others	64/100
6th	ILJIN Electronics 2001, Noida (India), Late Stage	Manufacturer of high-precision electronics manufacturing services	$198M	Nuvama Crossover Opportunities Fund, Avendus Future Leaders Fund ... & 11 others	61/100
7th	Sanmina 1980, Guadalajara (Mexico), Acquired	Manufacturer and supplier of electrical and electronic components to OEMs and aftermarket	-	Morgan Stanley, Europa	61/100
8th	Avalon 2000, Chennai (India), Public	Manufacturer of electronic assemblies and integrated systems for diverse industrial and technical applications	-	Europa	61/100
9th	Syrma SGS 2004, Chennai (India), Public	Provider of product design, prototyping, PCB assembly, repair, and automatic tester development services	-	GEF Capital Partners	59/100
10th	VVDN 2007, Gurugram (India), Series D	Provider of software, product engineering, and electronic manufacturing services & solutions	$129M	Napino, Motilal Oswal Private Equity & 25 others	59/100