Evolve IT Solutions Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 150

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

Evolve IT Solutions General Information

Description

Manufacturer of x-ray security scanners intended for critical facilities in India. The company operates as the only indian original equipment manufacturer that produces its own x-ray generators and imaging software in-house within a bs 5295 cleanroom facility, enabling government agencies and private security firms to utilize x-ray baggage scanners, feelsafe sdx scanners, x-ray generators, safeview software and annual maintenance contracts.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • J-531, MIDC Bhosari
  • Pune, Maharashtra 411026
  • India
+91 096848
Primary Industry
Machinery (B2B)
Parent Company
Belding India Limited
Vertical(s)
Corporate Office
  • J-531, MIDC Bhosari
  • Pune, Maharashtra 411026
  • India
+91 096848

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Evolve IT Solutions Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Evolve IT Solutions‘s full profile, request access.

Request a free trial

Evolve IT Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of x-ray security scanners intended for critical facilities in India. The company operates as the only indi
Machinery (B2B)
Pune, India
150 As of 2017

Brookfield, WI
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Evolve IT Solutions Competitors (1)

One of Evolve IT Solutions’s competitors is Milwaukee Electric Tool, a Corporate Backed or Acquired company based in Brookfield, WI.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Milwaukee Electric Tool Corporate Backed or Acquired Brookfield, WI
You’re viewing 1 of 1 competitors. Get the full list »

Evolve IT Solutions Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Evolve IT Solutions Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Evolve IT Solutions‘s full profile, request access.

Request a free trial

Evolve IT Solutions FAQs

  • When was Evolve IT Solutions founded?

    Evolve IT Solutions was founded in 2009.

  • Where is Evolve IT Solutions headquartered?

    Evolve IT Solutions is headquartered in Pune, India.

  • What is the size of Evolve IT Solutions?

    Evolve IT Solutions has 150 total employees.

  • What industry is Evolve IT Solutions in?

    Evolve IT Solutions’s primary industry is Machinery (B2B).

  • Is Evolve IT Solutions a private or public company?

    Evolve IT Solutions is a Private company.

  • What is the current valuation of Evolve IT Solutions?

    The current valuation of Evolve IT Solutions is .

  • What is Evolve IT Solutions’s current revenue?

    The current revenue for Evolve IT Solutions is .

  • Who are Evolve IT Solutions’s investors?

    TeamLease Services has invested in Evolve IT Solutions.

  • Who are Evolve IT Solutions’s competitors?

    Milwaukee Electric Tool is a competitor of Evolve IT Solutions.

  • When was Evolve IT Solutions acquired?

    Evolve IT Solutions was acquired on 23-Jul-2026.

  • Who acquired Evolve IT Solutions?

    Evolve IT Solutions was acquired by Belding India Limited.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process