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.
- Website
- tower-vision.com
- 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
Investors
Ranked
4th among 18 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2024
Employee Count
475 as on Sep 30, 2026
Similar Companies
Legal entities associated with Tower Vision
Tower Vision is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TOWER VISION INDIA PRIVATE LIMITED CIN: U64203TS2006PTC181671 , India, Amalgamated | Jan 27, 2006 | ₹1,000+ Cr (As on Mar 31, 2024) | 313 (As on Nov 30, 2024) |
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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 |
View details of Tower Vision's funding rounds and investors
Tower Vision's founders and board of directors
Founder? Claim ProfileTower 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of optical fiber cables and provider of networking solutions | - | 64/100 | ||
2nd | SAR Televenture 2019, Noida (India), Public | Provider of professional services in procurement, project management, and services delivery | $250K | 61/100 | |
3rd | Indus Towers 2007, Gurugram (India), Acquired | Provider of wireless communication and infrastructure services | - | 60/100 | |
4th | Tower Vision 2006, Delhi (India), Series D | Passive infrastructure for wireless telecommunications | $300M | 55/100 | |
5th | Provider of remote monitoring and management of telecom sector | - | - | 54/100 | |
6th | Ascend Telecom 2002, Bengaluru (India), Series D | Provider of telecom infrastructure and allied services | $176M | 50/100 | |
7th | Provider of a comprehensive range of digital infrastructure solutions | - | 47/100 | ||
8th | GTL Infrastructure 2004, Mumbai (India), Public | Passive infrastructure to wireless operators | - | - | 46/100 |
9th | Kore Digital 2009, Thane (India), Public | Provider of telecom and infrastructure development services | - | - | 43/100 |
10th | Suyog Telematics 1995, Mumbai (India), Public | Provider of tower installation and upgradation services | - | - | 37/100 |
Looking for more details on Tower Vision's competitors? Click here to see the top ones
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)
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
•
GIP and Ascend Telecom’s Acquisition of Tower Vision IndiaGlobal Legal Chronicle•Aug 26, 2023•Global Infrastructure Partners, Ascend Telecom, Tower Vision
•
CCI approves acquisition of Tower Vision India by Ascend Telecom Infrastructure and GIP EM Ascend 2 Pte LimitedTele Net•May 04, 2023•Ascend Telecom, Tower Vision, CCI
•
GIP plans to acquire Tower Vision India Pvt in a $400-million dealBusiness Standard•Nov 29, 2022•Tower Vision, Global Infrastructure Partners
•
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
•
Reliance Jio signs tower sharing agreement with Tower Vision IndiaMediaNama•May 16, 2014•Jio, Tower Vision
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