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Jasmino - About the company

Jasmino is a series B company based in Raigad (India), founded in 1982 by Ramani Seshadri. It operates as a Manufacturer of industrial process equipment and provider of integrated engineering and surface protection services. Jasmino has raised $12.2M in funding. The company has 722 active competitors, including 3 funded and 41 that have exited. Its top competitors include companies like Tridiagonal Solutions, Actualize and Booth Welsh.

Company Details

Manufacturer of industrial process equipment and provider of integrated engineering and surface protection services. The company delivers comprehensive solutions including multidisciplinary engineering design, equipment fabrication, and specialized corrosion protection. Services encompass the entire project lifecycle from initial concept and design to onsite erection and commissioning. Expertise includes the application of various lining and coating systems to protect assets against chemical and environmental wear. The integrated model combines engineering, manufacturing, and maintenance capabilities to support industrial operations across diverse sectors.
Social
X
Email ID
*****@jasmino.com
Phone Number
+91 **********
Registered Address
L-61, MIDC Taloja, Dist. Raigad, Thane, Taloja, Raigarh(MH), Panvel, Maharashtra, India, 410208
Key Metrics
Founded Year
1982
Location
Raigad, India
Stage
Series B
Total Funding
$12.2M in 1 round
Latest Funding Round
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
158 as on May 31, 2026
Investment & Acquisitions
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Jasmino's funding and investors

Jasmino has raised a total funding of $12.2M over 1 round. Jasmino has 1 institutional investor.

Here is the list of recent funding rounds of Jasmino:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 17, 2025
1509049
Series B
3089734
4225369
8622901
8364897
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Jasmino's founders and board of directors

Founder? Claim Profile
The founders of Jasmino is Ramani Seshadri. Adheesh Ramani is the CEO of Jasmino.
Here are the details of Jasmino's key team members:

Jasmino's Board of Directors

Jasmino's board has 4 active members. Ramani Seshadri, Adeesh Ramani and Balachandran Seshadri are part of team and Shashank Balasubramanian Iyer is independent board member.
Here is the list of Jasmino's board of directors:
Name
Type
Representing
Status
Duration
sw{cqsf
Team
-
Current
6y 2m
dipkdew
Team
-
Current
8y 9m
lkiqhby
Team
-
Current
3y 7m
Independent board member
-
Current
0y 3m

Jasmino's employee count trend

Jasmino has 158 employees as of May 26. The total employee count is 9.0% lower than what it was in May 25. Here is Jasmino's employee count trend over the years:
Employee count trend for Jasmino
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Jasmino's Competitors and alternates

Top competitors of Jasmino include Tridiagonal Solutions, Actualize and Booth Welsh. Here is the list of Top 10 competitors of Jasmino, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tridiagonal Solutions
Tridiagonal Solutions
2006, San Antonio (United States), Funding Raised
Provider of analytics solutions for well insights
-
42/100
2nd
Logo for Actualize
Actualize
2005, Bengaluru (India), Unfunded
Provider of engineering and digital transformation services including product lifecycle management, software development, and cloud solutions
-
-
41/100
3rd
Logo for Booth Welsh
Booth Welsh
1989, Irvine (United Kingdom), Unfunded
Provider of project management, process engineering, EPC consulting, and other services
-
-
41/100
4th
Logo for Kreayotoo Solutions
Kreayotoo Solutions
2016, Hyderabad (India), Unfunded
Provider of consulting services for multiple industries
-
-
38/100
5th
Logo for Jasmino
Jasmino
1982, Raigad (India), Series B
Manufacturer of industrial process equipment and provider of integrated engineering and surface protection services
$12.2M
37/100
6th
Logo for Jacob Engineers
Jacob Engineers
2021, Chennai (India), Unfunded
A structural engineering and consulting firm providing solutions for various industries
-
-
37/100
7th
Company specializing in providing lifting & rigging solutions, training, and certification services for engineering sector
-
-
35/100
8th
Logo for GFE-Solutions
GFE-Solutions
2018, Warsaw (Poland), Unfunded
Provider of production automation and machine engineering services for industrial
-
-
34/100
9th
Provider of VoIP billing, soft switches, and wholesale routes
-
-
34/100
10th
Logo for Ocsc
Ocsc
1988, Dublin (Ireland), Unfunded
Provider of multidisciplinary engineering services including civil, structural, and sustainability
-
-
32/100
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Financials of JasminoFY 25 Available

JASMINO CORPORATION LIMITED, the legal entity associated with Jasmino, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of JASMINO CORPORATION LIMITED has a compounded annual growth rate (CAGR) of 287% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
8613
5293
7766
9307
6794
Total Sales
1274
3839
3523
3771
1582
Total Expenses
8531
4807
1695
2721
2139
Operating Expenses
3989
9722
2947
5046
2724
Employee Expenses
5586
6990
4918
3524
7134
Marketing Expenses
8010
7881
3977
3432
9232
Operating Income (EBIT)
3944
8466
2249
4757
3917
Interest Expenses
3320
9530
3554
6621
8440
Expenses from other activities
2732
8215
7735
8522
3008
Information Technology Expenses
8248
9547
2968
7274
1443
EBITDA
5822
8686
4386
8488
3434
Taxes
5998
7262
2396
6214
5154
Net Profit
1862
4060
8959
7739
7912
Balance Sheet
Assets
4133
7984
5367
4515
2035
Cash Equivalent
5355
7368
5955
3043
2718
Accounts Receivables
6182
1533
5453
9109
3356
Inventory
7156
4104
1065
1116
8411
Liabilities
7259
8213
8182
6467
4960
Total Debt
7836
5184
1749
9770
3413
Accounts Payable
5230
6618
3988
3998
2497
Equities
6526
4073
1544
2243
9864
Cashflow Statement
Cash from Operating activities
2485
5212
1868
2515
1505
Cash from Investing activities
8639
9477
6859
3171
9900
Net cash from Financing activities
4292
9035
2685
4287
2335

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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  • Financial Summary & Charts
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Jasmino's Latest cap tables and shareholding

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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Jasmino's Investments and acquisitions

Jasmino has acquired 3 companies including Haw Linings, Buecolit and Buecolit. Jasmino has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 01, 2025
Acquisition
Oct 29, 2024
Acquisition
Oct 23, 2024
Acquisition
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Reports related to Jasmino

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News related to Jasmino

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FAQs about Jasmino

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