Vortex Engineering (Hardware) Overview

  • Year Founded
  • 2001

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 407

Employees

  • Latest Deal Type
  • 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

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Number 6B, 6th Floor, IITM Research Park
  • Number 1. Kanagam Road, Taramani
  • Chennai, Tamil Nadu 600113
  • India
+91 044
Primary Industry
Other Hardware
Other Industries
Business/Productivity Software
Parent Company
Vertical(s)
Manufacturing, Artificial Intelligence & Machine Learning
Corporate Office
  • Number 6B, 6th Floor, IITM Research Park
  • Number 1. Kanagam Road, Taramani
  • Chennai, Tamil Nadu 600113
  • India
+91 044

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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
To view Vortex Engineering (Hardware)’s complete valuation and funding history, request access »

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
To view Vortex Engineering (Hardware)’s complete cap table history, request access »

Vortex Engineering (Hardware) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of automated teller machines designed to assist clients with money withdrawal facilities. The company's mac
Other Hardware
Chennai, India
407 As of 2023

Lexington, KY
 
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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
You’re viewing 1 of 1 competitors. Get the full list »

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

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 6 investors. Get the full list »

Vortex Engineering (Hardware) FAQs

  • When was Vortex Engineering (Hardware) founded?

    Vortex Engineering (Hardware) was founded in 2001.

  • Where is Vortex Engineering (Hardware) headquartered?

    Vortex Engineering (Hardware) is headquartered in Chennai, India.

  • What is the size of Vortex Engineering (Hardware)?

    Vortex Engineering (Hardware) has 407 total employees.

  • What industry is Vortex Engineering (Hardware) in?

    Vortex Engineering (Hardware)’s primary industry is Other Hardware.

  • 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.

  • 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).

  • Who are Vortex Engineering (Hardware)’s competitors?

    Lexmark International is a competitor of Vortex Engineering (Hardware).

  • When was Vortex Engineering (Hardware) acquired?

    Vortex Engineering (Hardware) was acquired on 07-Sep-2023.

  • Who acquired Vortex Engineering (Hardware)?

    Vortex Engineering (Hardware) was acquired by Vakrangee.

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