VVDN Tech Eyes IPO After Crossing $1 Billion Annualized Revenue Target
GURUGRAM, INDIA – VVDN Technologies is preparing for an Initial Public Offering once its annualized revenue reaches $1 billion, according to cofounder Vivek Bansal. The Gurugram-based design-led electronics manufacturer is expanding its global footprint with new production facilities in the UAE and the US to navigate tariffs and meet local sourcing demands.
“The next round (of funding) would be an IPO,” said Vivek Bansal, cofounder and president of engineering. “We want to get to the billion-dollar mark before that in annualised revenue.”
VVDN currently serves high-growth sectors including telecom, automotive, industrial automation, and AI server infrastructure. The company, which has raised $65 million in funding to date, aims to strengthen its position in the global EMS market as it prepares for its public market debut.
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