When was HFCL founded?

HFCL was founded in 1987 and raised its 1st funding round 34 years after it was founded.

Where is HFCL located?

HFCL is headquartered in Delhi, India. It is registered at 8 ELECTRONICS COMPLEX CHAMBAGHAT,SOLAN, HIMACHAL PRADESH, Himachal Pradesh, India, 173213.

How many employees does HFCL have?

As of Mar 31, 2026, the latest employee count at HFCL is 1820.

Is HFCL a funded company?

HFCL is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Dec 10, 2021.

When was the latest funding round of HFCL?

HFCL's latest funding was a $***** Post IPO round on Dec 24, 2025, with participation from 0 investor.

What is the annual revenue of HFCL?

Annual revenue of HFCL is more than ₹1,000 Cr as on Mar 31, 2026

Where does HFCL rank among its competitors?

HFCL ranks 5th amongst 160 active competitors, of which 4 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was HFCL, which secured $61.4M in Dec, 2025.

Who are the top competitors of HFCL?

HFCL's top competitors include ACT, Excitel and RailTel Corporation of India. Among them, HFCL secured the most recent funding round in December, 2025.

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

HFCL is a public company based in Delhi (India), founded in 1987 by Mahendra Nahata. It operates as a Manufacturer of optical fiber cables and provider of networking solutions. HFCL has raised an undisclosed amount in funding. The company has 160 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like ACT, Excitel and RailTel Corporation of India.

Company Details

Manufacturer of optical fiber cables and provider of networking solutions. The company produces a range of telecommunications infrastructure products, including optical fiber, aerial and underground cables, and interconnect assemblies. It develops access solutions such as network switches, wireless access points, and IP/MPLS routers for traffic management. Additionally, the business offers specialized technology for defense applications, including electronic fuzes, surveillance radar, and software-defined radios. These products support network architecture for telecommunications providers, public sector infrastructure, and enterprise connectivity requirements.

Website: hfcl.com
Social
Email ID: *****@hfcl.com
Phone Number: +91 **********
Registered Address: 8 ELECTRONICS COMPLEX CHAMBAGHAT,SOLAN, HIMACHAL PRADESH, Himachal Pradesh, India, 173213

Key Metrics

Founded Year

1987

Location

Delhi, India

Stage

Public

Latest Funding Round

Post IPO, Dec 24, 2025, $*****

Investors

360 One & 6 more

Ranked

5^th among 160 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

1,820 as on Mar 31, 2026

Investment & Acquisitions

Spiralehl & 4 more

Similar Companies

ACT & 1888 more

Exit Details

Public

View HFCL's full profile

HFCL is associated with 8 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
KOSHA LEGAL LLP CIN: AAK-7176 , India, Active	Sep 28, 2017	0 - ₹10 Cr (As on Mar 31, 2023)	-
KRISHIV VENTURES PRIVATE LIMITED CIN: U32201DL2015PTC285306 , India, Active	Sep 17, 2015	0 - ₹10 Cr (As on Mar 31, 2025)	-
HFCL BEZEQ TELECOM LIMITED CIN: U74899DL1995PLC066338 , India, Active	Mar 14, 1995	0 - ₹10 Cr (As on Mar 31, 2025)	-
COSMIC ASSOCIATES PRIVATE LIMITED CIN: U70101DL2004PTC130355 , India, Active	Nov 03, 2004	0 - ₹10 Cr (As on Mar 31, 2025)	-
DRAGONWAVE HFCL INDIA PRIVATE LIMITED CIN: U64200DL2010PTC211117 , India, Active	Dec 06, 2010	0 - ₹10 Cr (As on Mar 31, 2025)	1 (As on Nov 30, 2020)
HFCL TECHNOLOGIES PRIVATE LIMITED CIN: U29309DL2021PTC382794 , India, Active	Jun 26, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	14 (As on Jan 31, 2025)
MONETA FINANCE PRIVATE LIMITED CIN: U65921HP1995PTC017088 , India, Active	Sep 27, 1995	0 - ₹10 Cr (As on Mar 31, 2025)	-
HFCL LIMITED CIN: L64200HP1987PLC007466 , India, Active	May 11, 1987	₹1,000+ Cr (As on Mar 31, 2026)	1801 (As on Mar 01, 2026)

HFCL got listed on May 05, 1989.

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

HFCL has raised funding over 2 rounds. Its first funding round was on Dec 10, 2021. HFCL has 7 institutional investors.

Here is the list of recent funding rounds of HFCL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 24, 2025	2394149	Post IPO	2019300	2014027	6299329	4858378
Dec 10, 2021	5623666	Post IPO	7779718	9132957	5144145	Reliance Industries & 6 more

Access funding benchmarks and valuations. Sign up today!

View details of HFCL's funding rounds and investors

The founders of HFCL is Mahendra Nahata.

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

Mahendra Nahata: Co-Founder & Managing Director of HFCL and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses

View details of HFCL's Founder profiles and Board Members

HFCL's employee count trend

HFCL has 1,820 employees as of Mar 26. Here is HFCL's employee count trend over the years:

Uncover HFCL's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of HFCL include ACT, Excitel and RailTel Corporation of India. Here is the list of Top 10 competitors of HFCL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ACT 2000, Bengaluru (India), Acquired	Provider of fibre optic broadband, WiFi network, and television services	$2.83M	CPP Investments, Adithya Constructions & 17 others	75/100
2nd	Excitel 2015, Delhi (India), Series C	Provider of fiber-optic based internet services	$16.1M	NEVEQ, BlackPeak Capital & 6 others	60/100
3rd	RailTel Corporation of India 2000, Delhi (India), Public	Provider of fibre optic internet and public WiFi network services	-	-	56/100
4th	Wiom 2015, Gurugram (India), Series B	Provider of wifi internet services	$65.1M	Bertelsmann India Investments, RTP Global ... & 41 others	56/100
5th	HFCL 1987, Delhi (India), Public	Manufacturer of optical fiber cables and provider of networking solutions	-	360 One, Millennium Management & 5 others	63/100
6th	nuron 2010, Bengaluru (India), Series A	Provider of internet and network solutions with routers	$4.62M	Telos Investments & Technologies, Hydra Trading ... & 88 others	41/100
7th	Ethernet Xpress India 2012, Aradi Socorro (India), Unfunded	Provider of broadband, data center, and corporate services	-	-	35/100
8th	Spark Telecom 2019, Thane (India), Unfunded	Provider of wired & wireless internet, CCTV, and other services	-	-	35/100
9th	SAI BABA CABLE NETWORK 2019, Thane (India), Unfunded	Provider of broadband services for home and business	-	-	34/100
10th	M - Tel Networks 2013, Coimbatore (India), Unfunded	Provider of wireless and fiber net broad band services	-	-	34/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on HFCL's competitors? Click here to see the top ones

HFCL has made 2 investments in companies including BigCat Wireless and Nivetti Systems. HFCL has also acquired 3 companies including Spiralehl and RADDEF.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 25, 2026	Acquisition	Spiralehl	2021	Bengaluru (India)
Feb 27, 2020	Investments	BigCat Wireless	2013	Chennai (India)
Jan 07, 2020	Investments	Nivetti Systems	2014	Bengaluru (India)