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CDE Asia

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CDE Asia is one of the leading manufacturers of wet-processing equipment serving

Kolkata, IndiaFounded 2006Transportation
Valuation $50–100M Last recorded · 2019
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for CDE Asia and the history behind them.

About CDE Asia

CDE Asia Limited operates as a manufacturer and supplier of wet-processing equipment for the quarrying, mining, and recycling industries, with a focus on the Indian subcontinent and Southeast Asia. The company was established in 2006 as a joint venture between the Bhartia family of India and CDE Global of the United Kingdom. It is headquartered in Kolkata, India, and has a large manufacturing facility on the city's outskirts.

The firm is managed by Manish Bhartia, the Promoter and Managing Director, who comes from a family with a long history in industrial enterprises. He was instrumental in establishing the partnership with CDE Global. The board of directors also includes Enda Ivanoff and Brendan McGurgan, who were part of the co-promoting team in 2006. McGurgan, who previously served as Group MD for CDE, played a key role in securing private equity funding from IIFL in 2019 to support the company's expansion in Asia.

CDE Asia provides customized equipment and solutions to address the scarcity of natural sand and to process waste into usable materials. Its business model centers on designing, manufacturing, and delivering modular washing equipment for its clients in the construction and mineral sectors. Revenue is generated through the sale of this equipment and associated services, such as annual maintenance contracts and remote monitoring through its Cloudlink platform. The company serves major players in the infrastructure and cement industries.

The company's product portfolio is designed to promote a circular economy. Key offerings include the Combo line of mobile washing plants, which convert crushed rock fines into high-quality manufactured sand, and the ReUrban range, which recycles construction and demolition (C&D) waste into reusable sand and aggregates. These systems are engineered for high efficiency, with features like integrated water recycling that can recover up to 95% of process water, significantly reducing consumption. Under its premium global brand, CFlo, the company offers these solutions globally, emphasizing resource conservation and sustainability. Additionally, CDE Asia operates a B2B marketplace called Doctor Sand, which facilitates the ethical sourcing of sand and other construction materials.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
Kolkata, India
Employees
206
Open positions
None listed
Dealroom signal
42.4/100
Industry
Transportation
Sector
Transportation, Recycling, Waste Reduction, Sustainable Development Goals, Climate Tech, Circular Economy, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jul 2019 $15M $58M IIFL · IIFL 1 —
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

CDE Asia website traffic

Latest recorded traffic for CDE Asia is 170 monthly website visits, down 98.9% over the last three months. CDE Asia's team grew 2.5% over the past year.

Latest monthly visits170 3-month web change-98.9% 1-year team growth+2.5%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • IIFL 1
  • IIFL
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇮🇳 India94.3%
🇸🇳 Senegal1.6%
🇮🇩 Indonesia0.8%
🇬🇧 United Kingdom0.8%
🇦🇪 United Arab Emirates0.8%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CDE Asia on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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