Radiant Design - About the company
Radiant Design is a series A company based in Chennai (India), founded in 2014 by Jim Heffner. It operates as a Manufacturer and designer of injection molds and plastic products. Radiant Design has raised $1.21M in funding, with a current valuation of $*****. The company has 166 active competitors, including 1 funded and 26 that have exited. Its top competitors include companies like Shaily Engineering Plastics, Manika Plastech and iTech Plast.
Company Details
Manufacturer and designer of injection molds and plastic products. It offers a wide range of services, including Design for Manufacturing, Design for Assembly, screen printing, prototyping, laser engraving, pad printing, mechanical assembly, and box packaging. It primarily serves a diverse range of industries, include Healthcare, Industrial Automation, Smart Homes, Retail, Energy and Utilities, and Transportation and Logistics.
- Website
- www.radiantdesign.in/
- Email ID
- *****@radiantdesign.in
- Phone Number
- +91 **********
- Registered Address
- NO.144/1, 5TH STREET, SIDCO INDUSTRIAL ESTATE PATTARAVAKKAM, AMBATTUR, Chennai, CHENNAI, Tamil Nadu, India, 600098
Key Metrics
Founded Year
2014
Location
Chennai, India
Stage
Series A
Total Funding
$1.21M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 13, 2024
Investors
Ranked
4th among 166 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
30 as on Feb 28, 2025
Legal entities associated with Radiant Design
Radiant Design is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
RDES ENGINEERING PRIVATE LIMITED CIN: U29309TN2019PTC127621 , India, Active | Feb 20, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 30 (As on Feb 28, 2025) |
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Radiant Design's funding and investors
Radiant Design has raised a total funding of $1.21M over 3 rounds. Its first funding round was on Mar 01, 2022. Its latest funding round was a Series A round on Dec 09, 2024 for $*****. 1 investor participated in its latest round. Radiant Design has 1 institutional investor and 6 angel investors.
Here is the list of recent funding rounds of Radiant Design:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 09, 2024 | 7568121 | Series A | 7742357 | 7182342 | 8798112 | 2953558 |
Sep 30, 2023 | 9651507 | Angel | 2536424 | 4828661 | 6799685 | 9568769 |
Mar 01, 2022 | 8867991 | Angel | 6911404 | 3577972 | 6907282 |
View details of Radiant Design's funding rounds and investors
Radiant Design's founders and board of directors
Founder? Claim ProfileThe founders of Radiant Design is Jim Heffner.
Here are the details of Radiant Design's key team members:
- Jim Heffner: Founder of Radiant Design.
Radiant Design's Board of Directors
Radiant Design's board has 1 active member. Navin Kumar is part of team.Here is the list of Radiant Design's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 8m |
View details of Radiant Design's Founder profiles and Board Members
Radiant Design's employee count trend
Radiant Design has 30 employees as of Feb 25. Here is Radiant Design's employee count trend over the years:
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Radiant Design's Competitors and alternates
Top competitors of Radiant Design include Shaily Engineering Plastics, Manika Plastech and iTech Plast. Here is the list of Top 10 competitors of Radiant Design, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shaily Engineering Plastics 1987, Vadodara (India), Public | Manufacturer of custom injection molded plastic products | - | 60/100 | |
2nd | Manika Plastech 1996, Mumbai (India), Public | Manufacturer of automotive batteries casings | - | - | 49/100 |
3rd | iTech Plast 2003, Bhavnagar (India), Unfunded | Plastic parts manufacturer and supplier | - | - | 41/100 |
4th | Radiant Design 2014, Chennai (India), Series A | Manufacturer and designer of injection molds and plastic products | $1.21M | 33/100 | |
5th | HMS Mfg 1987, Troy (United States), Acquired | Manufacturer of home organization, waste, laundry, kitchen, and pet products | - | - | 32/100 |
6th | Tenty Group 1997, Kolkata (India), Unfunded | Manufacturer of plastic components and fans for various industrial applications | - | - | 30/100 |
7th | CPP Global 2014, Mocksville (United States), Acquired | Contract manufacturer of plastic products | - | - | 30/100 |
8th | ![]() EVCO Plastics 1997, DeForest (United States), Unfunded | Manufacturer specializing in custom plastic injection molding, tooling, and contract manufacturing | - | - | 30/100 |
9th | Mascot Plastic Industries 2001, Vadodara (India), Unfunded | Provider of injection molded plastic parts and glass reinforced concrete products | - | - | 27/100 |
10th | ![]() Advanced Auto Trends 1999, Snover (United States), Unfunded | Contract manufacturing services | - | - | 27/100 |
Looking for more details on Radiant Design's competitors? Click here to see the top ones
Financials of Radiant DesignFY 25 Available
RDES ENGINEERING PRIVATE LIMITED, the legal entity associated with Radiant Design, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of RDES ENGINEERING PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 53% 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 | 3655 | 4120 | 1335 | 7724 | 7078 |
Total Sales | 6611 | 3101 | 5576 | 7180 | 7488 |
Total Expenses | 7789 | 9849 | 6514 | 5078 | 8871 |
Operating Expenses | 8077 | 3468 | 1221 | 6418 | 5996 |
Employee Expenses | 2692 | 4183 | 9303 | 5203 | 2236 |
Operating Income (EBIT) | 4265 | 9155 | 2650 | 5759 | 6844 |
Interest Expenses | 2695 | 2975 | 7172 | 7370 | 2371 |
Expenses from other activities | 6272 | 7367 | 8129 | 5256 | 8618 |
EBITDA | 3652 | 2131 | 6147 | 5847 | 3503 |
Taxes | 1088 | 3110 | 8348 | 6783 | 9167 |
Net Profit | 5633 | 6528 | 5480 | 4615 | 9043 |
Balance Sheet | |||||
Assets | 4908 | 8382 | 5209 | 6481 | 9647 |
Accounts Receivables | 7771 | 6159 | 5406 | 5699 | 3585 |
Inventory | 8853 | 6660 | 6835 | 4707 | 8385 |
Liabilities | 7543 | 6882 | 5243 | 8229 | 2613 |
Total Debt | 8662 | 6445 | 6614 | 9509 | 7058 |
Accounts Payable | 4219 | 5435 | 3488 | 1910 | 1188 |
Equities | 3123 | 7783 | 2214 | 9497 | 9788 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Radiant Design's Investments and acquisitions
Radiant Design has made no investments or acquisitions yet.
Reports related to Radiant Design
Here is the latest report on Radiant Design's geography:
News related to Radiant Design
•
Radiant Design Secures $1 Million FDI from Dubai-Based ARVX VenturesThe Machine Maker•Dec 09, 2024•Radiant Design, ARVX Ventures
•
Radiant Design at MOLDEX INDIA 2024: To Showcase Concept to Advanced Plastic Manufacturing CapabilitiesThe Machine Maker•Dec 19, 2023•Radiant Design
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