Startup Atlas · Cables & Wires
Havells India Listed
Haveli Ram Gandhi · Founder of the original Havells switchgear company; sold it to Qimat Rai Gupta in 1971 (exact founding year for Gandhi's company is not stated in available sourcing)
Qimat Rai Gupta · Acquired the Havells switchgear company from Gandhi in 1971 (had been Gandhi's distributor); separately set up his own electrical-trading shop in Old Delhi in 1958 that grew into the wider group
UndisclosedTotal funding (tracked)
0Funding rounds
—Last round
6,712Team size (sourced)
Havells India: Funding Rounds
No funding rounds tracked for Havells India yet.
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 1 Jun 2018 | Havells India | Promptec Renewable Energy Solutions | Undisclosed | source |
| 19 Feb 2017 | Havells India | Lloyd Consumer Durable Business | ₹1,600 Cr | source |
| 21 Apr 2015 | Havells India | Promptec Renewable Energy Solutions | ₹65 Cr | source |
| 1 Apr 2007 | Havells India | Sylvania | €227.5 Mn | source |
| 1 Jan 1997 | Havells India | ECS | Undisclosed | source |
| 1 Jan 1997 | Havells India | Duke Arnics Electronics | Undisclosed | source |
| 1 Jan 1997 | Havells India | Standard Electricals | Undisclosed | source |
| 1 Jan 1997 | Havells India | Crabtree India | Undisclosed | source |
| 1 Jan 1983 | Havells India | Towers and Transformers Ltd | Undisclosed | source |
Sources & corrections.
Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: havells.com en.wikipedia.org www.bseindia.com · Last verified 26 Aug 2026. · Report a correction