Havells Sylvania

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Havells Sylvania - overview

Established

1900

Location

Noida, -, India

Primary Industry

Electronics

About

Havells Sylvania specializes in providing innovative lighting solutions, focusing on energy efficiency and sustainability. The company develops a range of products suited for residential, commercial, and industrial applications. Havells Sylvania is renowned for its expertise in lighting solutions. Founded in 1900 and headquartered in Noida, India, the company was formed following Havells' acquisition of the lighting unit of SLI Sylvania in April 2007 for EUR 227.


5 million. Simon Reed is the current CEO. Havells Sylvania offers a comprehensive range of lighting products designed to meet diverse needs across various sectors. Their primary offerings include solar-powered lighting systems tailored for residential, commercial, and industrial use.


These products not only focus on enhancing aesthetic appeal but also on reducing energy costs, catering to a growing market that emphasizes sustainability and renewable energy. Their products are actively marketed in North America, Europe, and select regions in Asia, ensuring broad accessibility for customers making the transition to environmentally friendly lighting solutions. Havells Sylvania operates on a transactional model with direct sales targeting consumers, businesses, and partnerships with retailers and wholesalers. Revenue is primarily driven by its solar lighting products, which are competitively priced to attract a wide range of customers.


The company emphasizes the long-term economic advantages of its products, including reduced energy consumption and maintenance costs, thus enhancing customer loyalty and repeat purchases. Havells Sylvania is focused on expanding its product range and market presence. The company plans to introduce new solar lighting products aimed at enhancing energy efficiency, with details on their release dates to be announced. Additionally, plans are in place to enter new geographic markets in North America and Europe by the end of 2024.


The recent funding of EUR 227. 5 million will support these initiatives, enabling the company to invest in product development and market expansion efforts.


Current Investors

Primary Industry

Electronics

Sub Industries

Electronic Components

Website

www.havells-sylvania.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Havells Sylvania - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHavells Sylvania-

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