Pioneer Wincon - About the company
Pioneer Wincon is a series A company based in Chennai (India), founded in 1989 by Pramod Sankar, Pradeep Sankar and Sankaralingam Maheswaran. It operates as a Wind turbine manufacturer. Pioneer Wincon has raised $656K in funding from Impact Fund Denmark. The company has 48 active competitors, including 10 funded and 16 that have exited. Its top competitors include companies like Suzlon, Nordex and LM Wind Power.
Company Details
The core business consists of design, manufacture, sales, marketing and maintenance of wind power systems that harness the energy of wind to generate electricity. The company has installed more than 1,000 turbines and operates in Tamil Nadu, Maharashtra, Gujarat, Karnataka, Madhya Pradesh and Andhra Pradesh. Pioneer Wincon belongs to the Pioneer Asia Group.
- Website
- pioneerwincon.com
- Social
- Registered Address
- Boopathy Buildings 17-A, Virudhunagar Road, Virudhunagar, Sivakasi, Tamil Nadu, India, 626123
Key Metrics
Founded Year
1989
Location
Chennai, India
Stage
Series A
Total Funding
$656K in 2 rounds
Latest Funding Round
Investors
Ranked
15th among 48 active competitors
Annual Revenue
₹113Cr as on Mar 31, 2025
Employee Count
322 as on Oct 31, 2024
Legal entities associated with Pioneer Wincon
Pioneer Wincon is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PARA ENTERPRISES PRIVATE LIMITED CIN: U22130TN1996PTC037121 , India, Active | Dec 13, 1996 | $154K (As on Mar 31, 2025) | 2 (As on Dec 31, 2024) | |
PIONEER WINCON ENERGY SYSTEMS PRIVATE LIMITED CIN: U29190TN2018PTC124786 , India, Active | Sep 21, 2018 | $13.3M (As on Mar 31, 2025) | 322 (As on Oct 31, 2024) |
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Pioneer Wincon's funding and investors
Pioneer Wincon has raised a total funding of $656K over 2 rounds. Its first funding round was on 1996. Its latest funding round was a Conventional Debt round on 1996 for $*****. 1 investor participated in its latest round. Pioneer Wincon has 1 institutional investor and 2 angel investors.
Here is the list of recent funding rounds of Pioneer Wincon:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
1996 | 5025 | Conventional Debt | 6408 | 9018 | 9948 | 4931 |
1996 | 3807 | Series A | 7683 | 9537 | 7163 |
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Pioneer Wincon's founders and board of directors
Founder? Claim ProfileHere are the details of Pioneer Wincon's key team members:
- Pramod Sankar: Co-Founder of Pioneer Wincon. They serve on the board of 1 company.
- Pradeep Sankar: Co-Founder of Pioneer Wincon. They serve on the board of 1 company.
- Sankaralingam Maheswaran: Co-Founder of Pioneer Wincon. They serve on the board of 1 company.
Pioneer Wincon's Board of Directors
Pioneer Wincon's board has 3 active members. Pramod Sankar, Pradeep Sankar and Sankaralingam Maheswaran are part of team.Here is the list of Pioneer Wincon's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 7m | |
Team | - | Current | 7y 7m | |
Team | - | Current | 7y 7m |
View details of Pioneer Wincon's Founder profiles and Board Members
Pioneer Wincon's employee count trend
Pioneer Wincon has 322 employees as of Oct 24. The total employee count is 13.0% more than what it was in Oct 23. Here is Pioneer Wincon's employee count trend over the years:
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Pioneer Wincon's Competitors and alternates
Top competitors of Pioneer Wincon include Suzlon, Nordex and LM Wind Power. Here is the list of Top 10 competitors of Pioneer Wincon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wind turbine manufacturer | $45.8M | 74/100 | ||
2nd | Manufacturer of wind turbines | - | 65/100 | ||
3rd | LM Wind Power 1978, Kolding (Denmark), Acquired | Wind Turbine component developer | $1.77M | 62/100 | |
4th | Emergya Wind Technologies 2004, Amsterdam (Netherlands), Series B | Wind Turbine manufacturers | $32.2M | 61/100 | |
5th | Manufactures wind turbine components | - | 58/100 | ||
6th | _1559014359748.png?devicePixelRatio=2&height=30&width=30){kind=logo} CTC Global 2001, Irvine (United States), Acquired | Developer of ACCC conductors to improve grid efficiency | $25M | 53/100 | |
7th | Manufacturer and distributor of turbine blades | $2.92M | 51/100 | ||
8th | Manufacturer of wind turbines | - | 50/100 | ||
9th | Manufacturer of paper & paper boards | - | 49/100 | ||
10th | ReGen Powertech 2006, Chennai (India), Series B | Manufacturer of wind turbines | $83.8M | 48/100 | |
15th | Pioneer Wincon 1989, Chennai (India), Series A | Wind turbine manufacturer | $656K | 38/100 |
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Pioneer Wincon's Investments and acquisitions
Pioneer Wincon has made no investments or acquisitions yet.
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