
Larsen & Toubro
L&T House, Ballard Estate, Mumbai, Maharashtra, 400001, India
Overview
Larsen & Toubro is a major technology, engineering, construction, manufacturing, and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries, and Defense - for customers in over 30 countries around the world. L&T is engaged in core, high-impact sectors of the economy, and their integrated capabilities span the entire spectrum of ‘design to deliver’. With over 7 decades of a strong, customer-focused approach and a continuous quest for world-class quality, they have unmatched expertise across Technology, Engineering, Construction, Infrastructure Projects, and Manufacturing, and maintain leadership in all their major lines of business. Every aspect of L&T's business is characterized by professionalism and high standards of corporate governance. Sustainability is embedded into their long-term strategy for growth. The Company’s manufacturing footprint extends across eight countries in addition to India. L&T has several international offices and a supply chain that extends around the globe.
- Total investments
- 3
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Construction
- Financial Services
- Manufacturing
Investment portfolio
- E2E Networks
Led · Equity · Nov 2024
E2E Networks provides cloud services focused on accelerated computing, affordability, and accessibility. The company offers cloud GPUs and an AI/ML platform called TIR and serves clients including educational institutions and AI startups. Its platform enables organizations to run deep learning workloads and other compute‑intensive applications. In November 2024 E2E entered a strategic partnership with Larsen & Toubro (L&T), which will acquire a minority stake. The collaboration aims to combine E2E’s cloud capabilities with L&T’s data‑center management expertise to scale offerings and drive digital transformation. The acquisition is expected to close by the end of December 2024 while E2E retains operational independence. E2E Networks Limited raised about $50 million through a preferential issue of equity shares. The transaction was executed as a preferential allotment of equity. The raise was reported in DealStreetAsia's India Digest. The digest also covered a separate item that Zoff raised about $4.76 million from JM Financial Private Equity. The article included publication and subscription details alongside the fundraising notes. E2E Networks provides cloud computing, dedicated hosting and managed public cloud services, buying IP transit from partners to connect to Indian ISPs. The company re‑invented itself as a home‑grown cloud venture in 2008 after being founded in 2002 and began offering dedicated hosting in November 2009. It operates data centres in Delhi and Mumbai and plans to establish three more facilities in Hyderabad, Pune and Chennai by next year. E2E targets lean Internet start‑ups requiring low‑latency, India‑based hosting and lists customers including Groupon India, Zomato, Tehelka, Cardekho, Gaadi.com and VCCircle. The firm says it delivers affordable infrastructure through vertical integration and efficient data‑centre usage while adhering to Indian regulations and local power/network realities. Management reports the company is EBITDA positive and will use the new funds for technology and R&D and to expand its presence in India.
- CYFIRMA
Led · Series B · Apr 2023
CYFIRMA operates a platform that analyzes threat indicators from multiple sources, including the dark net, to deliver predictive, contextualized and actionable insights on digital assets, attack surface and vulnerabilities. The company has repositioned threat intelligence beyond static feeds to help enterprises mitigate risks across both technology and non-technology domains. CYFIRMA plans to use new funding for product innovation, hiring across verticals, and brand building. The firm intends to expand into new global markets including North America, Europe and the MENA region while growing existing markets in Southeast Asia, including India, Singapore and Japan. The CEO and founder is Kumar Ritesh. With the new round, CYFIRMA has raised nearly $18 million to date. Cyfirma offers a cloud-based AI/ML deep-technology intelligence analytics platform (CAP v2.0) that provides proactive, predictive, real-time and multi-layered cyber intelligence to enterprises, including strategic, management and operational insights. The platform supplies real-time threat insights, situational awareness, early indicators of potential threats, threat hunting and correlation tools, and contextual risk assessment and scoring for prioritizing external cyber risks. Cyfirma serves Fortune 500 companies and is positioned as a single tool to integrate cyber threat intelligence into existing cyber risk management functions. The company was founded two years ago and is led by Chairman and CEO Kumar Ritesh. It has offices in Singapore, Tokyo and India. Cyfirma intends to use recent funds to hire key resources, expand into new markets and further invest in product engineering.
- Help Lightning
Led · Series A · Jun 2021
Help Lightning provides a remote visual assistance platform that uses augmented reality and a patented merged reality feature to virtually place an expert on a video call for real-time collaboration. The merged reality capability merges two video streams and supports 3D annotation so an expert can use hand gestures, bring in tools, parts or instructions, and effectively ‘reach out and touch’ what the remote user is working on. Led by CEO Gary York, the company serves enterprise and Fortune 500 customers including Cox Communications, Ricoh, Siemens Healthineers and BUNN. This year the company announced partnerships with Genesys and Zebra Technologies. Help Lightning said it will use new funding to continue investing in remote visual support and to further accelerate its product roadmap. The article did not disclose revenue or user metrics. Help Lightning provides virtual expertise software that lets equipment experts virtually collaborate with onsite technicians using existing mobile devices, simulating side-by-side work. Led by CEO Gary York, the product is aimed at improving field service productivity and call center first-time fix rates. The software is designed to extend workforce capacity and improve customer satisfaction across a range of industries. Today hundreds of field service organizations and call centers use Help Lightning, including Cox Communications, Ricoh USA, and Siemens Healthineers. The company plans to use new funding to scale the business and accelerate enterprise virtual expertise innovations.