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Tower Vision - About the company

Tower Vision is a series D company based in Delhi (India), founded in 2006. It operates as a Passive infrastructure for wireless telecommunications. Tower Vision has raised $300M in funding from Quadrangle Group. The company has 18 active competitors, including 2 funded and 9 that have exited. Its top competitors include companies like HFCL, SAR Televenture and Indus Towers.

Company Details

TowerVision is a tower management company specializing in the provision of passive infrastructure to the wireless telecommunications industry, which is then shared among multiple operators. Tower Vision provides plug-and-play solutions to wireless service providers and other businesses operating communication services. The company engages in the ownership, management, and operation of wireless communication towers of all types and locations including Greenfield Towers, Rooftops, and In-Building distributed antenna systems. TowerVision offers its services to the wireless industry through two basic solutions-Built to Suit new wireless sites and the Acquisition of existing wireless sites. Tower Vision operates in 14 strategic telecom circles in India. Amit Ganani is the CEO of the company.
Email ID
*****@tower-vision.com
Phone Number
+91 **********
Registered Address
Unit No. 10, New Municipal No. 9-1-87 & 119/1/4F/Unit No. 10, 4th Floor, Eden Amsri Square, St Johns Road, Secunderabad, Hyderabad, Secunderabad, Telangana, India, 500003
Key Metrics
Founded Year
2006
Location
Delhi, India
Stage
Series D
Total Funding
$300M in 2 rounds
Latest Funding Round
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2024
Employee Count
475 as on Sep 30, 2026
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Tower Vision's funding and investors

Tower Vision has raised a total funding of $300M over 2 rounds. Its first funding round was on 2008. Its latest funding round was a Series D round on Feb 03, 2010 for $*****. 5 investors participated in its latest round. Tower Vision has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Tower Vision:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 03, 2010
2876128
Series D
9144458
6506694
6810957
4443039
2008
5167
Conventional Debt
4446
8208
2643
5973
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Tower Vision's founders and board of directors

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Tower Vision's Board of Directors

Tower Vision's board has 6 active members. Michael Huber, Amit Ganani and Moshe Shushan are part of team and Simran Lakhwinder Singh, Nihal Doshi and Susan Fung Yee are independent board members.
Here is the list of Tower Vision's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
20y 9m
Team
-
Current
20y 9m
Investor
Quadrangle Group
Current
13y 4m
Independent board member
-
Current
9y 3m
g{pjnfs
Independent board member
-
Past
9y 5m
bbyrpuj
Independent board member
-
Past
8y 3m

Tower Vision's employee count trend

Tower Vision has 475 employees as of Sep 26. Here is Tower Vision's employee count trend over the years:
Employee count trend for Tower Vision
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Tower Vision's Competitors and alternates

Top competitors of Tower Vision include HFCL, SAR Televenture and Indus Towers. Here is the list of Top 10 competitors of Tower Vision, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for HFCL
HFCL
1987, Delhi (India), Public
Manufacturer of optical fiber cables and provider of networking solutions
-
64/100
2nd
Logo for SAR Televenture
SAR Televenture
2019, Noida (India), Public
Provider of professional services in procurement, project management, and services delivery
$250K
61/100
3rd
Logo for Indus Towers
Indus Towers
2007, Gurugram (India), Acquired
Provider of wireless communication and infrastructure services
-
60/100
4th
Logo for Tower Vision
Tower Vision
2006, Delhi (India), Series D
Passive infrastructure for wireless telecommunications
$300M
55/100
5th
Logo for VNT
VNT
2003, Gurugram (India), Unfunded
Provider of remote monitoring and management of telecom sector
-
-
54/100
6th
Logo for Ascend Telecom
Ascend Telecom
2002, Bengaluru (India), Series D
Provider of telecom infrastructure and allied services
$176M
50/100
7th
Logo for Altius
Altius
2024, Gurugram (India), Acquired
Provider of a comprehensive range of digital infrastructure solutions
-
47/100
8th
Logo for GTL Infrastructure
GTL Infrastructure
2004, Mumbai (India), Public
Passive infrastructure to wireless operators
-
-
46/100
9th
Logo for Kore Digital
Kore Digital
2009, Thane (India), Public
Provider of telecom and infrastructure development services
-
-
43/100
10th
Logo for Suyog Telematics
Suyog Telematics
1995, Mumbai (India), Public
Provider of tower installation and upgradation services
-
-
37/100
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Financials of Tower Vision

TOWER VISION INDIA PRIVATE LIMITED, the legal entity associated with Tower Vision, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of TOWER VISION INDIA PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 8% in the last 1 year.

Financial Statement Summary

Metrics
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
Income Statement
Revenue
4134
5147
5360
1810
4796
Total Sales
8863
3199
4097
8326
3755
Total Expenses
4336
9201
2454
4616
1195
Operating Expenses
4709
1254
2926
3213
5509
Employee Expenses
9525
6581
8921
3475
2611
Operating Income (EBIT)
8825
5421
2667
8501
5978
Interest Expenses
5289
9124
5017
2451
7203
Expenses from other activities
6864
8557
2804
4816
9905
EBITDA
3692
6441
5039
2316
7320
Taxes
7783
9883
9275
5911
3355
Net Profit
3096
6945
6684
6276
9773
Balance Sheet
Assets
3544
4740
3026
3705
9545
Cash Equivalent
1078
8833
6231
8174
6304
Accounts Receivables
1555
5490
6732
1441
6580
Inventory
6941
9883
7349
1659
5969
Liabilities
5464
8383
4421
8221
5885
Total Debt
9120
6352
9895
8828
7687
Accounts Payable
5462
8273
5577
4317
9583
Equities
7721
7989
8707
3290
2443
Cashflow Statement
Cash from Operating activities
9286
6838
8667
8384
1614
Cash from Investing activities
9148
1298
3492
2765
7192
Net cash from Financing activities
7369
2335
2005
5604
8360

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

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

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shareholding pattern of this entity
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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

Tower Vision's Investments and acquisitions

Tower Vision has made no investments or acquisitions yet.

Reports related to Tower Vision

Here is the latest report on Tower Vision's geography:

News related to Tower Vision

•
Tower Vision to Boost Employee Experience with WorkelevateBusiness Wire India•May 31, 2022•Tower Vision, Workelevate
•
Bharti Infratel likely to acquire Tower Vision IndiaIndia Infoline•Jun 09, 2016•Bharti Infratel, Tower Vision
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