Anand Teknow Aids Engineering India manufactures engineering products and ball valves for the oil & gas sector in India and the Gulf region. The company supplies 31 refineries, including 15 in the Gulf region and Malaysia, and counts IOC, HPCL and BHEL among its customers. ATAEI reported a present turnover of Rs 236 crore and is targeting a turnover of Rs 600 crore by FY2018. It plans to use new funding to expand its ball valve plants near Pune. The firm serves both domestic and regional Gulf markets as it scales production and capacity.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2015