Corporate  >  Timeline

The UniDEL Group traces its history back to the early 1900's as Rasiklal Maneklal & Company, a leading stock broking and investments firm of its time.

In 1963, the group established a presence in the engineering and technology business. Since 2007, UniDEL has taken a venture capital like approach to investing in early stage businesses. UniDEL takes a hands-on role to assist young companies drive growth through strategic investment and deep operational know how.

UniDEL also invests in traditional asset classes like public equities, fixed income and real estate through it's Family Investment Office (FIO).



Below are some of the interesting turn of events through our long journey.


Early Years
UniDEL goes global
Creating "Engineered in India"

1973

Digital Electronics Ltd. (DEL) founded to manufacture laboratory instruments in collaboration with Houston Instrument, USA.

1981

DEL commences design and manufacturing of Process Recorders.

1985

DEL collaborates with Houston Instrument, USA for manufacturing CAD peripherals.

1988

DEL collaborates with Kronos, USA for manufacturing Time Attendance Systems.

1985-91

DEL launches design and manufacturing of various products - Component Insertion Machine, Weather Monitoring Systems, next generation Process instruments and CAD peripherals.


1993

DEL signs technology transfer and manufacturing agreement with Eurotherm, UK for Process Recorders.

1996

DEL buys 50% shareholding in Tumbull Controls Pvt. Ltd., Chennai and inks a JV with Eurotherm, UK for full range of Industrial Automation products & systems - Eurotherm DEL India Ltd. instituted.

1997

DEL partners Land Instruments, UK for its range of non-contact temperature measurement systems.

1998

DEL Process Instruments business sold to JV company Eurotherm DEL India Pvt. Ltd.

1999

SoftDEL Systems Pvt. Ltd. founded with headquarters in Mumbai and a subsidiary company in USA.

2000

UniDEL Group launched with Digital Electronics, Eurotherm DEL and SoftDEL Systems as group companies.

2005

UniDEL signs JV with Land Instruments, UK - Land DEL Infrared Pvt. Ltd. instituted.

2006

UniDEL partners Parker Hannifin USA for Low-Voltage Drives - SSD Drives India Pvt. Ltd. incorporated.

2007

UniDEL profitably sells shareholdings in Eurotherm DEL and SSD Drives to Invensys plc and Parker Hannifin, USA respectuvely, multiplying its investment 25 times.

DEL Automation Pvt. Ltd. established to house the Group's automation, systems integration and manufacturing business.


2008

SoftDEL inks a joint entity agreement with Matrikon to support its product development initiatives and global project consulting.

SoftDEL sets up branch office in Japan.

2009

SoftDEL sells its majority stake in the Matrikon - SoftDEL joint venture to Matrikon Inc, Canada

SoftDEL forms partnership with Ox Solutions Ltd., Tokyo, for the Japanese market

2010

DEL Automation Pvt. Ltd. appointed master distributor agreement with Cooper Wireless a division of $6.5B Cooper Industries, USA.

SoftDEL launches Aerodel Director – The Industry’s first industrial wireless network management system. Aerodel Director awarded &Best in Wireless Sensor Network & RFID 2010" from IDTechEx at the Wireless Sensor Networks, Energy Harvesting & RFID conference held in Hong Kong.

2011

SoftDEL launches Aerodel Designer, the industry's first vendor and protocol neutral wireless network design tool.

UniDEL launches Asset Vantage & Family Vantage, a unique technology backed solution that enables wealth owners enhance their risk adjusted returns and connect with like minded individuals on a private & secure platform.


Our History - Rasiklal Maneklal - 1914 - 2001 - The building blocks of our organization
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