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

SEDEMAC Overview

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

IndiaPune

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
SEDEMAC valuation by funding round
DateStageValuationRevenue Multiple
May 2024Undisclosed stage$260M3.7x
May 2024Secondary$260M5.8x

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

SEDEMAC revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
May 2024$70M$260M3.7xUndisclosed stage
May 2024$45M$260M5.8xSecondary

* 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

SEDEMAC funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2024Undisclosed stage360 ONE Asset (lead); A91 Partners (lead); Xponentia Capital Partners (lead)$91M$260MSEDEMAC 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 2024Secondary360 ONE Asset (lead); A91 Partners (lead); Xponentia Capital Partners (lead)$91M$260MSEDEMAC 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 2016Series ANandan 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

Investors in SEDEMAC by funding rounds participated
InvestorHQRoundsRoleFirst check
A91 PartnersIndiaMumbai2LeadMay 2024
Xponentia Capital PartnersIndiaMumbai2LeadMay 2024
360 ONE AssetIndiaIndia2LeadMay 2024
India Innovation FundIndiaBangalore1ParticipantMar 2016

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SEDEMAC Competitors

SEDEMAC competitors include listed companies like NN, Hudaco Industries, Carraro India and Mirgor, and private ones like Inspire-Robots and Hanzheng Bearing.

Public and private companies comparable to SEDEMAC
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Inspire-RobotsChinaBeijingPrivate$3M-$750M250.0x
NNUnited StatesUnited StatesPublicly listed$422M$17M$277M1.3x
Hudaco IndustriesSouth AfricaSouth AfricaPublicly listed$538M$70M$302M0.7x
Carraro IndiaIndiaIndiaPublicly listed$234M$25M$305M-
MirgorArgentinaArgentinaPublicly listed$1.8B$91M$208M-
Hanzheng BearingChinaSuzhouPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Butler National$98M$37M2.7x-7.0x-
HL Holdings$972M$81M0.9x0.9x10.6x9.1x
Aurotek$78M$8M3.2x-32.2x-
Boryszew$1.3B$66M0.4x-8.1x-
KB Components$285M$37M1.3x1.2x10.1x8.5x
Onetech Group$358M$34M0.8x0.7x8.1x7.2x
Strattec Security$579M$45M0.3x0.3x4.2x4.0x
Hunan Copote Science$79M($63M)3.6x-(4.5x)-

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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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