
SFO Technologies
Provides ODM plus solutions to aerospace and defence, communications, energy, and healthcare industry.
- Technology
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
INR1.7b | Growth Equity VC | ||
Total Funding | 000k |
In the late 1980s and early 90s, as India was making a name for itself in software outsourcing, a different idea was taking shape. Visionaries Dr. Javad K Hassan and Dr. N. Jehangir saw a gap in the market: hardware. They believed that if abstract software could be offshored successfully, the same could be done for tangible hardware components. This led to the founding of SFO Technologies in Kochi in 1990. It started as an electronics hardware and fiber optic manufacturing company. SFO Technologies began its journey as the flagship company of the NeST Group, a conglomerate with diverse interests. The company focused on providing Original Design Manufacturing (ODM) services, essentially becoming a one-stop shop for clients in high-tech industries like healthcare, aerospace, and communications. This meant handling everything from design and engineering to manufacturing printed circuit boards, cables, and complex assemblies. This vertically integrated model allowed them to build lasting relationships with major clients, including Fortune 100 companies. A significant chapter in the company's story is its consistent growth and expansion. SFO Technologies, now led by Chairman N. Jehangir and CEO Althaaf Jehangir, has expanded its manufacturing footprint across India and abroad. A pivotal moment came with the announcement of a planned Initial Public Offering (IPO). In late 2023, the company stated its intention to go public within two years to fund major expansion projects, earmarking around Rs 800 crore for growth and potential acquisitions. This move signals SFO's ambition to scale further, building on its foundation as a key player in India's electronics manufacturing landscape.