About Axiom
Axiom is a company based in Hyderabad (India) founded in 1997. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Axiom has raised $3.31 million across 1 funding round from investors including Magenta Mobility. The company has 253 employees as of April 08, 2024. Axiom offers products and services including EV Chargers and DC-DC Converters. Axiom operates in a competitive market with competitors including Wallbox, myenergi, POD Point, CTEK and Span.IO, among others.
- Headquarter Hyderabad, India
- Employees 253 as on 08 Apr, 2024
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Axiom Energy Conversion Limited
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$12.25 M (USD)112.64as on Mar 31, 2023
-
Net Profit
$137.11 K (USD)348.42as on Mar 31, 2023
-
EBITDA
$694.79 K (USD)55.14as on Mar 31, 2023
-
Total Equity Funding
$3.31 M (USD)
in 1 rounds
-
Latest Funding Round
$3.31 M (USD), Unspecified
Dec 09, 2021
- Investors
-
Employee Count
253
as on Apr 08, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Axiom
Axiom offers a comprehensive portfolio of products and services, including EV Chargers and DC-DC Converters.
Chargers for electric vehicles are designed and manufactured.
Converters for electric vehicles are produced for powertrain solutions.
Funding Insights of Axiom
Axiom has successfully raised a total of $3.31M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $3.31 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $3.3M
-
First Round
First Round
(09 Dec 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Unspecified - Axiom | Valuation | Magenta |
|
Investors in Axiom
Axiom has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Magenta Mobility.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Electric mobility solutions are provided for logistics delivery operations.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Axiom
Financial Statements - Axiom
Axiom Comparisons
Competitors of Axiom
Axiom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wallbox, myenergi, POD Point, CTEK and Span.IO, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of electric-vehicle charging solutions
|
|
| domain | founded_year | HQ Location |
Electric vehicle charger solutions are provided by myenergi.
|
|
| domain | founded_year | HQ Location |
Provider of electric vehicle charging solutions
|
|
| domain | founded_year | HQ Location |
EV chargers for automotive batteries are manufactured and distributed worldwide.
|
|
| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
|
|
| domain | founded_year | HQ Location |
EV charging points for car parks are designed and manufactured.
|
Latest news on Axiom
Frequently Asked Questions about Axiom
Axiom was founded in 1997 and raised its 1st funding round 24 years after it was founded.
Axiom is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Axiom is a funded company, having raised a total of $3.31M across 1 funding round to date. The company's 1st funding round was a Unspecified of $3.31M, raised on Dec 09, 2021.
As of Apr 08, 2024, the latest employee count at Axiom is 253.
Annual revenue of Axiom is $12.25M as on Mar 31, 2023.
Axiom Energy Conversion Limited is established as a key player in the electric vehicle industry, specializing in the production of chargers and DC-DC converters. The company is based in Hyderabad, India, and serves over 150 OEMs with a robust service presence across 56 locations. Solutions are provided for reliable, simple, and compact powertrain systems for electric vehicles. Infrastructure of world-class standards is maintained, supported by in-house design capabilities and ISO certification.
Axiom offers EV Chargers and DC-DC Converters.
Axiom has 1 investor. Key investors include Magenta Mobility.
The valuation of Axiom is $13.11M as of Dec 2021.