When was Vectus founded?

Vectus was founded in 1989 and raised its 1st funding round 24 years after it was founded.

Where is Vectus located?

Vectus is headquartered in Noida, India. It is registered at 262, JIWAJI NAGAR THATIPUR, Gwalior, GWALIOR, Madhya Pradesh, India, 474011.

Which legal entities is Vectus associated with?

Vectus is associated with WAVIN INDUSTRIES LIMITED and 2 others.

How many employees does Vectus have?

As of Apr 30, 2026, the latest employee count at Vectus is 315.

Is Vectus a funded company?

Vectus is a funded company, having raised a total of $16.9M across 2 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Mar 31, 2013.

How much is Vectus worth?

The last known valuation of Vectus was $***** as of Dec 24, 2021.

When was the latest funding round of Vectus?

Vectus' latest funding was a $***** PE round on Jun 19, 2014, with participation from 1 investor.

What is the annual revenue of Vectus?

Annual revenue of Vectus is ₹8.06Cr as on Mar 31, 2025.

Where does Vectus rank among its competitors?

Vectus ranks 3rd amongst 13201 active competitors, of which 67 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was DuPont, which secured $790K in Feb, 2025.

Who are the top competitors of Vectus?

Vectus' top competitors include DuPont, CRH and CEMEX. Among them, DuPont secured the most recent funding round in February, 2025.

Vectus - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Vectus an acquired company?

Vectus got acquired by Wavin on Dec 24, 2021.

Vectus is an acquired company based in Noida (India), founded in 1989 by Ashish Baheti. It operates as a Manufacturer of plastic water storage tanks and piping systems. Vectus has raised $16.9M in funding from investors like Creador, Puregangawatersystem and Shivangipolymers, with last known valuation of $*****. The company has 13201 active competitors, including 67 funded and 1117 that have exited. Its top competitors include companies like DuPont, CRH and CEMEX.

Company Details

Manufacturer of plastic water storage tanks and piping systems. It produces various types of water tanks, including blow-molded and rotational-molded options, designed for residential, commercial, and industrial applications. The company also manufactures PPR and PVC pipes for water transfer systems, catering to diverse needs across various sectors. Its product portfolio extends to bathware, household plastic items, road safety products, and gardening products. The manufacturing process adheres to international quality standards.

Website: vectus.in
Social
Email ID: *****@vectus.in
Registered Address: 262, JIWAJI NAGAR THATIPUR, Gwalior, GWALIOR, Madhya Pradesh, India, 474011

Key Metrics

Founded Year

1989

Location

Noida, India

Stage

Acquired

Total Funding

$16.9M in 2 rounds

Latest Funding Round

PE, Jun 19, 2014, $*****

Last Known Valuation

$***** as on Dec 24, 2021

Investors

Creador & 4 more

Ranked

3^rd among 13201 active competitors

Annual Revenue

₹8.06Cr as on Mar 31, 2025

Employee Count

315 as on Apr 30, 2026

Similar Companies

Uponor & 590 more

Exit Details

Acquired by Wavin (Dec 24, 2021)

View Vectus' full profile

Vectus is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
WAVIN INDUSTRIES LIMITED CIN: U25202MP2007PLC019781 , India, Active	Aug 30, 2007	$953K (As on Mar 31, 2025)	160 (As on Dec 31, 2024)
GANGOTRI POLYMERS PRIVATE LIMITED CIN: U25202MP1998PTC012849 , India, Active	May 29, 1998	$2.58M (As on Mar 31, 2025)	30 (As on Dec 31, 2024)
Shivangi Polymers Llp CIN: AAQ-5994 , India, Active	Sep 19, 2019	-	-

Vectus got acquired by Wavin on Dec 24, 2021 at an acquisition amount of $*****.

Click here to take a look at Vectus's acquisition in detail

Vectus has raised a total funding of $16.9M over 2 rounds. Its first funding round was on Mar 31, 2013. Its latest funding round was a PE round on Jun 19, 2014 for $*****. 1 investor participated in its latest round. Vectus has 3 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Vectus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 19, 2014	9041241	PE	6185490	7974369	8034517	9935930
Mar 31, 2013	7732438	Unattributed	3047550	9167047	Puregangawatersystem & 1 more	Ashish Baheti & 1 more

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View details of Vectus's funding rounds and investors

The founders of Vectus is Ashish Baheti.

Here are the details of Vectus' key team members:

Ashish Baheti: Managing Director of Vectus. They are also an angel investor in 1 startup.
Contact Info: 1 email address and 1 phone number

View details of Vectus's Founder profiles and Board Members

Vectus' employee count trend

Vectus has 315 employees as of Apr 26. Here is Vectus's employee count trend over the years:

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Top competitors of Vectus include DuPont, CRH and CEMEX. Here is the list of Top 10 competitors of Vectus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DuPont 1802, Wilmington (United States), Public	Developer of chemical products, construction & packaging materials, and water solutions	-	Trian Partners, ngn-capital.com & 7 others	75/100
2nd	CRH 1970, New York City (United States), Public	Manufacturer of diversified building materials	-	Cevian, Percival Participations & 1 others	72/100
3rd	Vectus 1989, Noida (India), Acquired	Manufacturer of plastic water storage tanks and piping systems	$16.9M	Creador, Shivangipolymers & 3 others	71/100
4th	CEMEX 1906, Houston (United States), Public	Supplier of concrete, cement, and aggregate building materials	-	Omega Advisors, Citi & 10 others	71/100
5th	Magicrete 2008, Surat (India), Seed	Manufacturer of AAC blocks, construction chemicals, and precast construction solutions	$18.1M	Build Con Finance, India SME Investments ... & 54 others	69/100
6th	Granite Construction 1922, Watsonville (United States), Public	Diversified infrastructure solutions provider specializing in construction and construction materials	-	-	68/100
7th	Kennametal 1938, Latrobe (United States), Public	Supplier of industrial tools and equipments	-	Military Health, Europa	66/100
8th	Holcim 1912, Zug (Switzerland), Public	Manufacturer of cement, concrete, aggregates and construction-related services	-	Peotona Group Holdings, Europa	65/100
9th	Heidelberg Materials 1874, Heidelberg (Germany), Public	Manufacturer of cement, aggregates, and mixed concrete	-	mzp.cz, Gov.cz & 1 others	65/100
10th	Owens Corning 1938, Toledo (United States), Public	Manufacturer of roofing, insulation, and composite materials	-	Triodos Investment Management, Fuel Capital ... & 1 others	65/100

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Founders (largest shareholder) own 64.67%, Funds own 21.65%, Enterprises own 4.20% and Other Investors own 9.47%. The net worth of Vectus's founders is INR 299Cr as of May 30, 2016.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	64.67%	299Cr	4915722	2146877	5986071	7166264
Ashish Baheti	3488597	2037583	6141718	5118942	9800869	4204105
Fund	21.65%	100Cr	6057554	9035676	6651249	2892563
Creador	8728719	4684595	5432965	4746091	2029709	7963223
Enterprise	4.20%	19.4Cr	8956	7574	7204	8299
Other Investors	9.47%	43.7Cr	7634265	2918727	5241428	3462674
Total	99.99%	462Cr	7978810	5117778	8734975	9868126