VIKRAN Engineering & Exim provides EPC services for power-related projects across infrastructure, transmission, substations and distribution. The company reported revenue of Rs 526 crore in fiscal 2023 and achieved a compound annual growth rate of 25% from fiscal 2021 to 2023. Management and investors cite strong execution capabilities, a professional team and a solid promoter pedigree as drivers of growth. The business recently pursued a pre-IPO capital raise, indicating a near-term path toward public markets. Investors have highlighted the broader opportunity in the EPC industry amid India’s large economic growth ambitions. Operational focus remains on executing power-sector projects and scaling ahead of its planned pre-IPO progression.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2024