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- SEDEMAC
SEDEMAC Revenue, Valuation, Funding & Investors
SEDEMAC is valued at $260M as of May 2024, a 3.7x multiple on its last reported $70M revenue.
Last SEDEMAC valuation
$260M
Undisclosed stage · May 2024
Last SEDEMAC funding round
$91M
Undisclosed stage · May 2024
SEDEMAC revenue
$70M
Undisclosed stage · May 2024
Key investors in SEDEMAC
360 ONE Asset
A91 Partners
Xponentia Capital Partners
Nexus Venture Partners
Nandan Nilekani
India Innovation Fund
About SEDEMAC
SEDEMAC is a manufacturer of electronic control products for vehicles and equipment. The Pune-based firm, originating from IIT Bombay, produces millions of units annually for global markets in automotive and industrial applications. SEDEMAC develops in-house technologies at world-class facilities in India.
Founded
2007
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Revenue
$70M (May 2024)
Valuation
$260M (May 2024)
SEDEMAC Valuation
SEDEMAC is currently valued at $260M, based on its undisclosed-stage round in May 2024.
The $91M round was led by 360 ONE Asset, A91 Partners and Xponentia Capital Partners.
SEDEMAC's valuation has moved from $260M at its secondary sale in May 2024 to $260M in May 2024, across 2 priced rounds.
SEDEMAC valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2024 | Undisclosed stage | $260M | 3.7x |
| May 2024 | Secondary | $260M | 5.8x |
SEDEMAC Revenue
SEDEMAC's latest recorded revenue is $70M, as of its undisclosed-stage round in May 2024. At a $260M valuation, that implies a 3.7x revenue multiple.
Revenue grew from $45M in May 2024 to $70M in May 2024, while the revenue multiple moved from 5.8x to 3.7x.
SEDEMAC revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2024 | $70M | $260M | 3.7x | Undisclosed stage |
| May 2024 | $45M | $260M | 5.8x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
SEDEMAC Funding History
SEDEMAC has raised a total of $99M across 2 funding rounds, plus 1 secondary share sale.
SEDEMAC's first fundraising round was a $8M Series A in March 2016. The most recent completed round was a $91M undisclosed-stage round in May 2024.
SEDEMAC funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2024 | Undisclosed stage | 360 ONE Asset (lead); A91 Partners (lead); Xponentia Capital Partners (lead) | $91M | $260M | SEDEMAC Mechatronics, a Pune-based deeptech company incubated by IIT Bombay, specializes in electronic control modules and powertrain controls for 2- and 3-wheeler ICE and EV markets, generators, and e-bikes, supplying millions of controllers annually to top OEMs like Hero MotoCorp, Mahindra, and TVS from its development center and two manufacturing plants in India. The company raised $100 million in May 2024 from lead investors Xponentia Capital Partners, A91 Partners, and 360 ONE Asset, primarily through secondary transactions enabling full exits for early investors Nexus Venture Partners, TR Capital, and Montane Ventures. A primary infusion of $9 million at an equity valuation of $260 million supported building a new manufacturing plant and provided financial cushion for growth in India, the US, and EU. The round, announced on May 30, 2024, valued the company at $260 million for the primary portion, with some sources noting $230 million overall, but consistent reporting confirms $260 million equity valuation. SEDEMAC, employing over 500 people, had previously raised $7.5 million in 2017 from Nandan Nilekani, Nexus, and others, and $8 million in 2018 from Iron Pillar. This growth-stage investment highlighted the firm's technology-led innovation leveraging Indian engineering talent for global IP. Post-round, the investors achieved significant returns via SEDEMAC's March 2025 IPO, an offer-for-sale of up to 80.43 lakh shares worth ₹1,087 crore at a price band of ₹1,287-₹1,352, implying a ₹5,970 crore ($652-657 million) valuation at the upper end. A91 Partners sold shares for ₹325 crore (3.6X return), Xponentia for ₹198 crore (3.8X), and 360 ONE for ₹155 crore (3.5X), with anchors like HDFC Mutual Fund raising ₹325.9 crore pre-IPO. The IPO marked a transition from venture to growth PE to public markets for this auto electronics player amid India's EV and embedded tech momentum. |
| May 2024 | Secondary | 360 ONE Asset (lead); A91 Partners (lead); Xponentia Capital Partners (lead) | $91M | $260M | SEDEMAC Mechatronics is a Pune-based deep-tech company founded in 2007 that designs and manufactures electronic control modules and powertrain controls for two- and three-wheeler (ICE and EV), generator, and e-bike markets, supplying millions of controllers annually from its Pune facilities to global customers. In May 2024, the company raised $100 million in a round led by 360 ONE Asset, A91 Partners, and Xponentia Capital Partners, primarily through secondary transactions enabling full exits for early investors Nexus Venture Partners, TR Capital, and Montane Ventures. The transaction included a $9 million primary infusion at an equity valuation of $260 million, with funds allocated to establish a new manufacturing plant and pursue growth in India, the US, and EU. A91 Partners invested nearly Rs 300 crore via primary and secondary deals, acquiring an 18% stake; Xponentia invested Rs 175 crore; and 360 ONE invested Rs 143 crore. For FY23, SEDEMAC reported net sales of Rs 423 crore, up from Rs 283 crore in FY22, with profit increasing to Rs 11 crore from Rs 3.5 crore. The investors achieved strong paper returns by late 2025, with A91 at 3.7X, Xponentia at 3.8X, and 360 ONE at 3.5X based on the upper IPO price band of Rs 1,352 per share ahead of its Rs 1,087 crore IPO, entirely an offer-for-sale. |
| Mar 2016 | Series A | Nandan Nilekani (lead); India Innovation Fund; Nexus Venture Partners | $8M | - | - |
Who has invested in SEDEMAC?
6 investors have backed SEDEMAC across its funding rounds, including 360 ONE Asset, A91 Partners, Xponentia Capital Partners, Nexus Venture Partners, Nandan Nilekani and India Innovation Fund.
Lead investors include 360 ONE Asset, A91 Partners, Xponentia Capital Partners and Nandan Nilekani.
SEDEMAC Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | May 2024 | ||
| 2 | Lead | May 2024 | ||
| 2 | Lead | May 2024 | ||
| 1 | Participant | Mar 2016 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSEDEMAC Competitors
SEDEMAC competitors include listed companies like NN, Hudaco Industries, Carraro India and Mirgor, and private ones like Inspire-Robots and Hanzheng Bearing.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $3M | - | $750M | 250.0x | ||
| Publicly listed | $422M | $17M | $277M | 1.3x | ||
| Publicly listed | $538M | $70M | $302M | 0.7x | ||
| Publicly listed | $234M | $25M | $305M | - | ||
| Publicly listed | $1.8B | $91M | $208M | - | ||
| Private | - | - | $196M | - |
SEDEMAC Public Comps
SEDEMAC is still privately-owned, but its public comps include Butler National, HL Holdings, Aurotek, Boryszew, KB Components, Onetech Group, Strattec Security, Hunan Copote Science, Stif and Hefei Jingsong.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $98M | $37M | 2.7x | - | 7.0x | - | |||
| $972M | $81M | 0.9x | 0.9x | 10.6x | 9.1x | |||
| $78M | $8M | 3.2x | - | 32.2x | - | |||
| $1.3B | $66M | 0.4x | - | 8.1x | - | |||
| $285M | $37M | 1.3x | 1.2x | 10.1x | 8.5x | |||
| $358M | $34M | 0.8x | 0.7x | 8.1x | 7.2x | |||
| $579M | $45M | 0.3x | 0.3x | 4.2x | 4.0x | |||
| $79M | ($63M) | 3.6x | - | (4.5x) | - | |||
This data is available for Pro users. Sign up to see all SEDEMAC competitors and their valuation data. Start Free Trial | ||||||||
Common questions about SEDEMAC
| When was SEDEMAC founded? | SEDEMAC was founded in 2007. |
| Where is SEDEMAC headquartered? | SEDEMAC is headquartered in Pune, India. |
| Is SEDEMAC publicly listed? | No, SEDEMAC is a private, VC-backed company. |
| What is SEDEMAC's valuation? | SEDEMAC was last valued at $260M in its undisclosed-stage round in May 2024. |
| How much funding has SEDEMAC raised? | SEDEMAC has raised $99M across 2 funding rounds. |
| What was SEDEMAC's last funding round? | SEDEMAC's last funding round was a $91M undisclosed-stage round in May 2024, led by 360 ONE Asset, A91 Partners and Xponentia Capital Partners. |
| Who are SEDEMAC's investors? | SEDEMAC's investors include A91 Partners, Xponentia Capital Partners, 360 ONE Asset, India Innovation Fund, Nandan Nilekani and Nexus Venture Partners. |
| What is SEDEMAC's revenue? | SEDEMAC's latest recorded revenue is $70M (May 2024). |
| What is SEDEMAC's revenue multiple? | SEDEMAC's latest valuation implies a 3.7x revenue multiple ($260M valuation on $70M of revenue). |
| Which companies are comparable to SEDEMAC? | Companies comparable to SEDEMAC include Inspire-Robots, NN, Hudaco Industries, Carraro India, Mirgor and Hanzheng Bearing. |
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