StageAcquired | Acquired
About Allygrow Technologies
Allygrow Technologies offers engineering services. It specializes in manufacturing engineering, product engineering, and staffing services as well. It serves industries such as aerospace, automotive, hi-tech, heavy industries, and medical devices among others. On December 22nd, 2021, Allygrow Technologies was acquired by Ceinsys.07M.
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Latest Allygrow Technologies News
Feb 15, 2022
Left to Right Prashant Kamat – Sagar Meghe Ceinsys Tech Limited (a company listed on Bombay Stock Exchange), which has established itself as a preferred Geospatial, Engineering & Enterprise solutions provider for major infrastructure projects, post acquiring a 100% stake in AllyGrow Technologies, has appointed Prashant Kamat as CEO & Vice Chairman of the board. Kamat an industry veteran was formerly associated with Mahindra Engineering Services & AllyGrow Technologies in the capacity of CEO, a statement said. AllyGrow is a technology-driven, pure-play engineering services company that has carved itself a distinct recognition in the Product Design and Robotics automation (Manufacturing Engineering) services space in the US, Europe, and India. It holds rich experience in executing projects from concept to the product launch phase for global marquee clients, the statement said. At a global level, the booming Geospatial Industry along with Digital trends presents immense potential for tech-based GIS solutions. Eyeing its access to global markets, Ceinsys made the strategic move of investing in AllyGrow. Further, to realize the vision of transforming Ceinsys into a global brand, the appointment of Kamat is announced. As Prashant moves into the role of CEO at Ceinsys, Vishal Pawar will assume the role of CEO at AllyGrow Technologies, the statement added. Commenting on the occasion, Sagar Meghe, a philanthropist, Non-Executive Chairman, Ceinsys said, “My focus has always been to build a conducive environment for talented young engineers to learn and grow professionally. This merger ensures a platform for Ceinsys and its talent pool, to offer its services globally. I am looking forward to Prashant taking this entity to new heights” Prashant Kamat, Chief Executive Officer, Ceinsys, said, “Ceinsys has developed technical expertise and has gained rich experience which has a huge potential in the international market. It gives me immense pleasure to take on this responsibility that the group has conferred upon me.” Ashish Nain
Allygrow Technologies Frequently Asked Questions (FAQ)
When was Allygrow Technologies founded?
Allygrow Technologies was founded in 2015.
Where is Allygrow Technologies's headquarters?
Allygrow Technologies's headquarters is located at 6A-2 Downtown, The City Centre, Pune.
What is Allygrow Technologies's latest funding round?
Allygrow Technologies's latest funding round is Acquired.
How much did Allygrow Technologies raise?
Allygrow Technologies raised a total of $20M.
Who are the investors of Allygrow Technologies?
Investors of Allygrow Technologies include Ceinsys, Zodius Capital, Atul Nishar and Prashant Kamat.
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