When was Verga founded?

Verga was founded in 2006 and raised its 1st funding round 12 years after it was founded.

Where is Verga located?

Verga is headquartered in Malur, India. It is registered at No. 28B, Phase I, KIADB Industrial Area, Malur, Karnataka, India, 563130.

Who is the current CEO of Verga?

Mehul Gandhi of Verga. They have also founded 1 company and are angel investors in 4 startups, including .

How many employees does Verga have?

As of Sep 30, 2026, the latest employee count at Verga is 108.

Is Verga a funded company?

Verga is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Dec 31, 2018.

How much is Verga worth?

The latest valuation of Verga is $***** as of Dec 31, 2018.

When was the latest funding round of Verga?

Verga's latest funding was a $***** Seed round on Dec 31, 2018, with participation from 1 investor.

What is the annual revenue of Verga?

Annual revenue of Verga is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Verga rank among its competitors?

Verga ranks 7th amongst 118 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Verga, which secured $488K in Dec, 2018.

Who are the top competitors of Verga?

Verga's top competitors include Model Infra, Veerya and DAEMO. Among them, Verga secured the most recent funding round in December, 2018.

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

Verga is a seed company based in Malur (India), founded in 2006 by Mehul Gandhi. It operates as a Manufacturer of excavator attachments including buckets rippers grabs and couplers. Verga has raised $488K in funding, with a current valuation of $*****. The company has 118 active competitors, including 2 funded and 9 that have exited. Its top competitors include companies like Model Infra, Veerya and DAEMO.

Company Details

Manufacturer of excavator attachments including buckets rippers grabs and couplers. Its production includes custom built and semi finished attachments for heavy machinery. Operations involve precision machining, multi axis milling, and turning services. Fabrication processes utilize plasma cutting, welding, and painting to produce components for construction and earthmoving equipment.

Website: www.verga.biz/
Social
Email ID: *****@verga.biz
Phone Number: +91 **********
Registered Address: No. 28B, Phase I, KIADB Industrial Area, Malur, Karnataka, India, 563130

Key Metrics

Founded Year

2006

Location

Malur, India

Stage

Seed

Total Funding

$488K in 1 round

Latest Funding Round

Seed, Dec 31, 2018, $*****

Post Money Valuation

$***** as on Dec 31, 2018

Investors

Mehul Gandhi & 4 more

Ranked

7^th among 118 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

108 as on Sep 30, 2026

Similar Companies

Model Infra & 117 more

View Verga's full profile

Verga is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
VERGA ATTACHMENTS PRIVATE LIMITED CIN: U29248KA2006PTC040628 , India, Active	Sep 26, 2006	₹10 - ₹50 Cr (As on Mar 31, 2025)	83 (As on May 31, 2025)
VEERYA ATTACHMENTS PRIVATE LIMITED CIN: U29309KA2021PTC145302 , India, Active	Mar 15, 2021	₹100 - ₹500 Cr (As on Mar 31, 2025)	666 (As on May 01, 2026)
VEERYA SHIPPING & LOGISTICS PRIVATE LIMITED CIN: U60220KA2021PTC147936 , India, Active	May 29, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

Verga has raised a total funding of $488K over 1 round. Its latest funding round was a Seed round on Dec 31, 2018 for $*****. 1 investor participated in its latest round. Verga has 1 institutional investor and 4 angel investors.

Here is the list of recent funding rounds of Verga:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 31, 2018	5460972	Seed	5411390	5404619	8842605	4883754

Access funding benchmarks and valuations. Sign up today!

View details of Verga's funding rounds and investors

The founders of Verga is Mehul Gandhi. Mehul Gandhi is the CEO of Verga.

Here are the details of Verga's key team members:

Mehul Gandhi: Founder & CEO & Managing Director of Verga. They are also an angel investor in 4 startups and serve on the board of 1 company.
Contact Info: 1 email address

Verga's Board of Directors

Verga's board has 3 active members. Mehul Gandhi is part of team and Sonal Gandhi and Gerardus Jacobus Adrianus Maria Verhoeven are independent board members.

Here is the list of Verga's board of directors:

Name	Type	Representing	Status	Duration
npnhdam	Team	-	Past	6y 8m
jwisjqz	Independent board member	-	Past	7y 2m
xmuhevg	Independent board member	-	Past	3y 5m

View details of Verga's Founder profiles and Board Members

Verga's employee count trend

Verga has 108 employees as of Sep 26. Here is Verga's employee count trend over the years:

Uncover Verga'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 Verga include Model Infra, Veerya and DAEMO. Here is the list of Top 10 competitors of Verga, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Model Infra 2000, Bengaluru (India), Funding Raised	Manufacturer of industrial fabrications and provider of equipment assembly services	-	Clearwater Capital Partners	35/100
2nd	Veerya 2021, Kolar (India), Unfunded	Manufacturer of custom-built attachments for various industries	-	-	34/100
3rd	DAEMO 1989, Siheung si (South Korea), Public	Designs and develops attachments for excavators	-	-	34/100
4th	Steel1 2008, Mumbai (India), Unfunded	Supplier of ready to assemble steel systems	-	-	34/100
5th	Kakku 1968, Bhilai (India), Unfunded	Manufacturer of control gears and electro-mechanical control equipments	-	-	30/100
6th	Combi Wear Parts 2000, Kristinehamn (Sweden), Funding Raised	Provider of wear part solutions for the construction, mining, and dredging industries	-	AIAC	28/100
7th	Verga 2006, Malur (India), Seed	Manufacturer of excavator attachments including buckets rippers grabs and couplers	$488K	-	27/100
8th	Kenco 1984, Ligonier (United States), Public	Manufacturer of below the hook lifting attachments and excavator attachments	-	-	25/100
9th	Construction Attachments 1976, Lenoir (United States), Public	Manufacturer of attachments for compact excavators, skid steers, and backhoes	-	-	25/100
10th	Automech Global Pune (India), Unfunded	Manufacturer of metal-based engineered systems and components	-	-	24/100