Vortex Engineering (Hardware) Overview
- Year Founded
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2001

- Status
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Acquired/Merged
- Employees
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407

- Latest Deal Type
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M&A
Vortex Engineering (Hardware) General Information
Description
Manufacturer of automated teller machines designed to assist clients with money withdrawal facilities. The company's machines are prepared using hardware and software products for deployment even in challenging environments for the retail banking sector, enabling clients to change the face of self-service banking with its reliable range of ATMs and software products.
Contact Information
Website
www.vortexindia.co.in(Operating Subsidiary)
Corporate Office
- Number 6B, 6th Floor, IITM Research Park
- Number 1. Kanagam Road, Taramani
- Chennai, Tamil Nadu 600113
- India
Corporate Office
- Number 6B, 6th Floor, IITM Research Park
- Number 1. Kanagam Road, Taramani
- Chennai, Tamil Nadu 600113
- India
Vortex Engineering (Hardware) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 07-Sep-2023 | Completed | Generating Revenue | |||
4. Later Stage VC (Series D) | 21-Feb-2018 | Completed | Generating Revenue | |||
3. Later Stage VC | 23-Mar-2017 | Completed | Generating Revenue | |||
2. Later Stage VC | 01-Aug-2012 | $3M | $9.9M | Completed | Generating Revenue | |
1. Later Stage VC | 15-Dec-2011 | $6.9M | $6.9M | Completed | Generating Revenue |
Vortex Engineering (Hardware) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | ||||||||
Ordinary |
Vortex Engineering (Hardware) Comparisons
Industry
Financing
Details
Vortex Engineering (Hardware) Competitors (1)
One of Vortex Engineering (Hardware)’s competitors is Lexmark International, a Private Equity-Backed company based in Lexington, KY.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Lexmark International | Private Equity-Backed | Lexington, KY |
Vortex Engineering (Hardware) Patents
Vortex Engineering (Hardware) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
AU-2012900541-A0 | Improved floor box | Inactive | 15-Feb-2012 | ||
AU-2012900409-A0 | Improved floor box | Inactive | 04-Feb-2012 | ||
AU-2011904530-A0 | Improved floor box | Inactive | 31-Oct-2011 |
Vortex Engineering (Hardware) Signals
Vortex Engineering (Hardware) Former Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Aavishkaar Capital | Venture Capital | Minority | ||
Bamboo Capital Partners | Impact Investing | Minority | ||
International Finance Corporation | Impact Investing | Minority | ||
Stata Capital Partners | Venture Capital | Minority | ||
Tata Capital | PE/Buyout | Minority |
Vortex Engineering (Hardware) FAQs
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When was Vortex Engineering (Hardware) founded?
Vortex Engineering (Hardware) was founded in 2001.
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Where is Vortex Engineering (Hardware) headquartered?
Vortex Engineering (Hardware) is headquartered in Chennai, India.
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What is the size of Vortex Engineering (Hardware)?
Vortex Engineering (Hardware) has 407 total employees.
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What industry is Vortex Engineering (Hardware) in?
Vortex Engineering (Hardware)’s primary industry is Other Hardware.
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Is Vortex Engineering (Hardware) a private or public company?
Vortex Engineering (Hardware) is a Private company.
-
What is Vortex Engineering (Hardware)’s current revenue?
The current revenue for Vortex Engineering (Hardware) is
. -
How much funding has Vortex Engineering (Hardware) raised over time?
Vortex Engineering (Hardware) has raised $17.9M.
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Who are Vortex Engineering (Hardware)’s investors?
Aavishkaar Capital, Bamboo Capital Partners, International Finance Corporation, Stata Capital Partners, and Tata Capital are 5 of 6 investors who have invested in Vortex Engineering (Hardware).
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Who are Vortex Engineering (Hardware)’s competitors?
Lexmark International is a competitor of Vortex Engineering (Hardware).
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When was Vortex Engineering (Hardware) acquired?
Vortex Engineering (Hardware) was acquired on 07-Sep-2023.
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Who acquired Vortex Engineering (Hardware)?
Vortex Engineering (Hardware) was acquired by Vakrangee.
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