When was Technocrafts Electric founded?

Technocrafts Electric was founded in 1990 and raised its 1st funding round 34 years after it was founded.

Where is Technocrafts Electric located?

Technocrafts Electric is headquartered in Mumbai, India. It is registered at 1013-1020, A wing, 1st floor, Oberoi Garden Estate Chandivali Farm Road, Nr. Studio Andheri, (E), Mumbai City, Mumbai, Maharashtra, India, 400072.

Which legal entities is Technocrafts Electric associated with?

Technocrafts Electric is associated with TECHNOCRAFTS ELECTRIC PRIVATE LIMITED.

How many employees does Technocrafts Electric have?

As of Oct 31, 2026, the latest employee count at Technocrafts Electric is 210.

Is Technocrafts Electric a funded company?

Technocrafts Electric is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Jun 25, 2024.

How much is Technocrafts Electric worth?

The latest valuation of Technocrafts Electric is ₹***** as of Sep 19, 2024.

When was the latest funding round of Technocrafts Electric?

Technocrafts Electric's latest funding was a $***** Series A round on Jun 25, 2024, with participation from 49 investors.

What is the annual revenue of Technocrafts Electric?

Annual revenue of Technocrafts Electric is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Technocrafts Electric rank among its competitors?

Technocrafts Electric ranks 10th amongst 327 active competitors, only 1 of which is funded. Nuventura, which secured $27M in Sep, 2023.

Who are the top competitors of Technocrafts Electric?

Technocrafts Electric's top competitors include Nuventura, Pioneer Power Solutions and Vivid Electromech. Among them, Technocrafts Electric secured the most recent funding round in June, 2024.

Technocrafts Electric - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Manufacturer of electrical switchgear, medium‑voltage panels, and industrial automation equipment.

Website: technocrafts.net
Email ID: *****@technocrafts.net
Registered Address: 1013-1020, A wing, 1st floor, Oberoi Garden Estate Chandivali Farm Road, Nr. Studio Andheri, (E), Mumbai City, Mumbai, Maharashtra, India, 400072

Key Metrics

Founded Year

1990

Location

Mumbai, India

Stage

Series A

Total Funding

$7.37M in 1 round

Latest Funding Round

Series A, Jun 25, 2024, $*****

Post Money Valuation

₹***** as on Sep 19, 2024

Ranked

10^th among 327 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

210 as on Oct 31, 2026

Similar Companies

Nuventura & 328 more

View Technocrafts Electric's full profile

Technocrafts Electric is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TECHNOCRAFTS ELECTRIC PRIVATE LIMITED CIN: U29198MH1991PTC060189 , India, Active	Feb 08, 1991	₹100 - ₹500 Cr (As on Mar 31, 2025)	466 (As on May 01, 2026)

Technocrafts Electric has raised a total funding of $7.37M over 1 round. Its latest funding round was a Series A round on Jun 25, 2024 for $*****. 49 investors participated in its latest round.

Here is the list of recent funding rounds of Technocrafts Electric:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 25, 2024	7239041	Series A	3415537	2871248	2515832	1579585

Access funding benchmarks and valuations. Sign up today!

View details of Technocrafts Electric's funding rounds and investors

Technocrafts Electric's employee count trend

Technocrafts Electric has 210 employees as of Oct 26. Here is Technocrafts Electric's employee count trend over the years:

Employee count trend for Technocrafts Electric

Uncover Technocrafts Electric'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 Technocrafts Electric include Nuventura, Pioneer Power Solutions and Vivid Electromech. Here is the list of Top 10 competitors of Technocrafts Electric, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nuventura 2017, Berlin (Germany), Acquired	Manufacturer and designer of of gas insulated switchgear	$37.8M	Cycle Group, DOEN Foundation & 34 others	60/100
2nd	Pioneer Power Solutions 1995, Fort Lee (United States), Public	Power Electronics manufacturer	-	-	50/100
3rd	Vivid Electromech 1990, Navi Mumbai (India), Public	Manufacturer of electrical switchboards and power distribution panels	-	-	49/100
4th	KIRLOSKAR POWER EQUIPMENTS LIMITED 1946, Bengaluru (India), Public	Heavy Electrical equipment manufacturer	-	Next Orbit Ventures	46/100
5th	OptiFuse 2000, El Cajon (United States), Unfunded	Fuses and circuit breakers manufacturer and distributor, ensuring circuit protection	-	-	44/100
6th	Vishalfab 1987, Indore (India), Unfunded	Manufacturer of components and sub-assemblies made out of copper, specializing in precision engineering	-	-	44/100
7th	Apator 1987, Torun (Poland), Public	Manufacturer of switchgears and electricity metering	-	-	43/100
8th	Iskra 1946, Ljubljana (Slovenia), Funding Raised	Electro-technical products and industrial solutions company	-	Europa	40/100
9th	LT Panels 1992, India, Unfunded	Manufacturer of electrical switchboards switchgear and industrial process automation systems	-	-	40/100
10th	Technocrafts Electric 1990, Mumbai (India), Series A	Manufacturer of electrical switchgear, medium‑voltage panels, and industrial automation equipment	$7.37M	-	47/100

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

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

TECHNOCRAFTS ELECTRIC PRIVATE LIMITED, the legal entity associated with Technocrafts Electric, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of TECHNOCRAFTS ELECTRIC PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 59% 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	2015	3115	9816	8383	5847
Total Sales	7345	2101	3868	3677	1696
Total Expenses	1594	7414	9549	7875	6015
Operating Expenses	3078	3461	3625	1975	1034
Employee Expenses	9890	9809	1973	5913	4514
Marketing Expenses	5074	6868	4552	4964	2176
Operating Income (EBIT)	1631	4447	6296	3799	5285
Interest Expenses	3629	3378	8631	8731	2137
Expenses from other activities	6702	7111	7041	1340	6209
EBITDA	6498	8170	2319	2928	7351
Taxes	3895	7601	1378	9953	2696
Net Profit	6788	3940	1936	7641	9336
Balance Sheet
Assets	3367	4860	2984	7839	4848
Cash Equivalent	5905	8862	6859	2698	5172
Accounts Receivables	1931	4233	6805	8756	3479
Inventory	5750	7347	5672	5971	9441
Liabilities	5594	1396	3611	9341	9171
Total Debt	1613	5588	5180	2967	1607
Accounts Payable	9169	5400	9657	4808	1249
Equities	6756	7361	4655	3253	8527
Cashflow Statement
Cash from Operating activities	7965	6596	5042	5724	2574
Cash from Investing activities	2838	9604	6658	4259	4477
Net cash from Financing activities	2026	9703	6886	8465	8513

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

Founders (largest shareholder) own 44.50%, Funds own 0.68%, Enterprises own 12.07% and Angels own 3.29%. The net worth of Technocrafts Electric's founders is INR 203Cr as of Sep 19, 2024. The cap table displayed below is for TECHNOCRAFTS ELECTRIC PRIVATE LIMITED which is the legal entity associated with Technocrafts Electric.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	44.50%	203Cr	3584292	1409690	9095305	4317329
Fund	0.68%	3.1Cr	0	0	0	0
Gjnx Ventures	0	0	0	0	0	0
Enterprise	12.07%	55Cr	1158230	1392099	2206152	4220421
Angel	3.29%	15Cr	407	245	102	874
Other People	35.26%	161Cr	4678636	6491932	4256764	5243730
ESOP Pool	4.20%	19.1Cr	9803	8721	8523	4522
Total	100.00%	456Cr	9132387	4098302	5807385	8536084