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ElectroMech - About the company

ElectroMech is a late stage company based in Pune (India), founded in 1979 by Saurabh Pol. It operates as a Manufacturer of industrial overhead cranes. ElectroMech has raised $9.68M in funding from Motilal Oswal Private Equity, with a current valuation of ₹*****. The company has 426 active competitors, including 41 that have exited. Its top competitors include companies like JLG Industries, Konecranes and Anupam Cranes.

Company Details

Registered Address
PLOT NO.1, GAT NO.316. AT P KASAR AMBOLI, TAL MULSHI, DIST-PUNE, Pune, PUNE, Maharashtra, India, 412111
Key Metrics
Founded Year
1979
Location
Pune, India
Stage
Late Stage
Total Funding
$9.68M in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Aug 04, 2011
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
497 as on Sep 30, 2026
Investment & Acquisitions
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ElectroMech's funding and investors

ElectroMech has raised a total funding of $9.68M over 1 round. Its latest funding round was a PE round on Feb 2011 for $*****. 1 investor participated in its latest round. ElectroMech has 4 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of ElectroMech:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 2011
9372126
PE
5990850
8628065
7255523
9287535
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ElectroMech's founders and board of directors

Founder? Claim Profile
The founders of ElectroMech is Saurabh Pol. Avr Murthy is the CEO of ElectroMech.
Here are the details of ElectroMech's key team members:

ElectroMech's employee count trend

ElectroMech has 497 employees as of Sep 26. Here is ElectroMech's employee count trend over the years:
Employee count trend for ElectroMech
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ElectroMech's Competitors and alternates

Top competitors of ElectroMech include JLG Industries, Konecranes and Anupam Cranes. Here is the list of Top 10 competitors of ElectroMech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for JLG Industries
JLG Industries
1969, Mcconnellsburg (United States), Acquired
Manufacturer of industrial equipments & tools
$4.8M
-
61/100
2nd
Logo for Konecranes
Konecranes
1994, Hyvinkaa (Finland), Public
Provider of cranes, material handling, and lifting equipment
-
59/100
3rd
Logo for ElectroMech
ElectroMech
1979, Pune (India), Late Stage
Manufacturer of industrial overhead cranes
$9.68M
46/100
4th
Logo for Anupam Cranes
Anupam Cranes
1973, Anand (India), Late Stage
Manufacturer of product mobility equipments
$10.8M
46/100
5th
Logo for Ace Cranes
Ace Cranes
1995, Faridabad (India), Public
Manufacturer of construction equipments
-
45/100
6th
Logo for Mammoet
Mammoet
1807, Schiedam (Netherlands), Funding Raised
Provider of heavy lifting and transport solutions for industrial projects
-
43/100
7th
Manufacturer of industrial lift trucks, warehouse equipment, attachments, and energy solutions
-
41/100
8th
Logo for Loadstar
Loadstar
2017, Bengaluru (India), Funding Raised
Manufacturer of container handling reach stackers and heavy duty forklift trucks
-
38/100
9th
Logo for WOLFFKRAN
WOLFFKRAN
1913, Cham (Switzerland), Unfunded
Manufacturer of tower cranes and crane components
-
-
37/100
10th
Logo for Gemini Power Hydraulics
Gemini Power Hydraulics
1988, Mumbai (India), Unfunded
Provider of hydraulic tools, aerial work platforms, and industrial solutions
-
-
37/100
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ElectroMech's Investments and acquisitions

ElectroMech has made 2 investments in Moneyview and AirLife Gases. ElectroMech has not made any acquisitions as of now.

Reports related to ElectroMech

Here is the latest report on ElectroMech's sector:

FAQs about ElectroMech

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