About BrightBlu
BrightBlu is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2005 by Santosh Ram Somasundaram, Yash Chitalia, Wybren Van Der Vaart, and Saket Anandkrishnan. Smart electric vehicle charging solutions provider. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. BrightBlu has raised $1.8 million across 2 funding rounds from investors including Koolen Industries and Sytse Zuidema. Its chief executive, as recorded, is Wybren Van Der Vaart. Its Indian entity Brightblu India Private Limited reported revenue of ₹1.60 Cr. BrightBlu offers products and services including Meet Jolt, Insight and Control, and Installer and Resellers. Its focus areas include Energy Tech, Electric Vehicles, Charging Solutions and Plug in Charging.
Company details
BrightBlu was founded in 2005 and is headquartered in Mumbai, India. Operations focus on the electric vehicle sector, where charging hardware, cloud-based services, and a mobile application are provided. Users are enabled to monitor charging status remotely and handle cost settlements through these integrated solutions. The company supports efficient EV infrastructure development in urban and regional settings.
- Headquarters Mumbai, India
- Founders Santosh Ram Somasundaram, Yash Chitalia, Wybren Van Der Vaart, Saket Anandkrishnan
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Website brightblu.com
- Social LinkedIn X
- Legal Name Brightblu India Private Limited
- Date of Incorporation 22 Feb, 2022
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.60 Cr
FY 2024 · +115% YoY
- Net Loss-₹70.1 Lakh
FY 2024 · -44% margin
- EBITDA-₹67.9 Lakh
FY 2024 · -42% margin
- Total Equity Funding$1.8M (USD)
in 2 rounds
- Latest Funding Round$1.6M (USD), Seed
Feb 2022
- InvestorsKoolen Industries
& 1 more
Associated legal entities of BrightBlu
BrightBlu is associated with 3 registered companies on The Company Check; the primary company is Brightblu India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Brightblu India Private Limited CIN U31900PN2022PTC250601 | Active | 22 Feb 2022 | Pune, Maharashtra | ₹1.6 Cr | 2 | View details | |
| Monoceros Energy Solutions Private Limited CIN U74993MH2018PTC315181 | Active | 03 Oct 2018 | Mumbai, Maharashtra | ₹2.1 Cr | 2 | View details | |
| Brightblu India Private Limited CIN U31900MH2022PTC377273 | Active | 22 Feb 2022 | Mumbai, Maharashtra, India | View details |
Products & Services of BrightBlu
BrightBlu offers a comprehensive portfolio of products and services, including Meet Jolt, Insight and Control, and Installer and Resellers.
Provides electric vehicle charging with monitoring and monetization features
Platform for overseeing and controlling EV charging assets remotely
Tools for resellers to install and manage EV charging solutions
Funding Insights of BrightBlu
BrightBlu has successfully raised a total of $1.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.6 million completed in February 2022. 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 $1.8M
- Total Rounds 2
- Last Round Seed — $1.6M
- First Round $200,000
(Jul 2020)
- Investors Count 2
All 2 funding rounds of BrightBlu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $1.6M | Seed | – | – | |
| Jul 2020 | $200,000 | Angel Round | – | Sytse Zuidema | – |
2 investors in total: 1 institutional and 1 angel.
Investors in BrightBlu
BrightBlu has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Koolen Industries and Sytse Zuidema.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Invests in clean energy generation, storage, mobility, and digital platforms worldwide. | 2019 | koolenindustries.com | Hengelo, Netherlands | |
SZ Sytse Zuidema | Angel investor and tech enthusiast based in India, focusing on early-stage startups. | unknown_1b485e4e1ae14e79a |
Investor details for BrightBlu
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Brightblu India Private Limited (BrightBlu)
Brightblu India Private Limited is the primary company behind BrightBlu. The boards of the 2 registered companies of BrightBlu currently have 2 directors; the longest-serving is Wybren Pieter Van Der Vaart, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Wybren Pieter Van Der Vaart DIN 08005952 | Director | 03 Oct 2018 | 8 yrs 1 mo | Monoceros Energy Solutions Private Limited, Brightblu India Private Limited |
| Santoshram Somasundaram DIN 07546691 | Director | 12 Apr 2019 | 7 yrs 6 mo | Monoceros Energy Solutions Private Limited, Brightblu India Private Limited |
People of BrightBlu
5 people are tracked at BrightBlu (5 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Head of Product Engineering | Leadership | |
Yash Chitalia | Co-Founder & Head Of Operations | Leadership |
| Co-Founder & CEO | Leadership | |
Saket Anandkrishnan | Co-Founder | Leadership |
Gerald Kok | Group CFO | Leadership |
Complete people profiles for BrightBlu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of BrightBlu
Figures of Brightblu India Private Limited, the primary company behind BrightBlu, for FY 2024. Revenue was ₹1.60 Cr (+115% year on year). Net loss was -₹70.1 Lakh (-44% margin). EBITDA was -₹67.9 Lakh (-42% margin).
- ₹1.60 CrRevenue · FY 2024 · +115% YoY
- -₹70.1 LakhNet loss · -44% margin
- -₹67.9 LakhEBITDA · -42% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Brightblu India Private Limited are on its company page.
Detailed financial statements for BrightBlu
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of BrightBlu
3 dated milestones of BrightBlu across 17 years, from founding to its latest funding, stage changes and deals.
- Founded BrightBlu is founded.
- Funding First funding round of $200K.
- Funding Latest funding round, Seed, of $1.6M.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as BrightBlu (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Related news about Brightblu
Complete news archive for BrightBlu
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Frequently Asked Questions about BrightBlu
BrightBlu was founded in 2005 and raised its 1st funding round 15 years after it was founded.
BrightBlu is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Wybren Van Der Vaart is the CEO of BrightBlu, as recorded in our data. They have also founded this company.
BrightBlu is a funded company, having raised a total of $1.8M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $200K, raised on Jul 2020.
The primary company behind BrightBlu, Brightblu India Private Limited, reported revenue of ₹1.60 Cr for FY 2024, up 115% year on year.
BrightBlu was founded in 2005 and is headquartered in Mumbai, India. Operations focus on the electric vehicle sector, where charging hardware, cloud-based services, and a mobile application are provided. Users are enabled to monitor charging status remotely and handle cost settlements through these integrated solutions. The company supports efficient EV infrastructure development in urban and regional settings.
BrightBlu offers Meet Jolt, Insight and Control, and Installer and Resellers.
BrightBlu has 2 investors. Key investors include Koolen Industries, and Sytse Zuidema.
BrightBlu is associated with 2 legal entities: Brightblu India Private Limited, Monoceros Energy Solutions Private Limited.
The legal entities of BrightBlu currently have 2 directors, including Wybren Pieter Van Der Vaart, Santoshram Somasundaram.