Bundu Power

Johannesburg, South Africa Founded: 2005 • Age: 21 yrs Acquired By Ellies
Solar powered products are manufactured by Bundu Power.

About Bundu Power

Bundu Power is a company based in Johannesburg (South Africa) founded in 2005 was acquired by Ellies in February 2023.. Bundu Power offers products and services including Diesel Generators, Solar Panels, Solar Inverters, Gas Generators, and Borehole Pumps. Bundu Power operates in a competitive market with competitors including Ecoflow, Herholdts, SolarTurtle, Solartech and Hi Temp, among others.

  • Headquarter Johannesburg, South Africa
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Magetz Electrical (Pty) Ltd
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Ellies

    (Feb 01, 2023)

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Products & Services of Bundu Power

Bundu Power offers a comprehensive portfolio of products and services, including Diesel Generators, Solar Panels, Solar Inverters, Gas Generators, and Borehole Pumps. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provide reliable backup power for home and industrial use.

Convert sunlight into electricity for various applications.

Convert DC to AC power in solar systems.

Offer alternative fuel options for domestic power needs.

Supply water using solar or electric power sources.

Funding Insights of Bundu Power

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bundu Power

Bundu Power has secured backing from 1 investor. Prominent investors backing the company include Ellies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Distributor of LED lighting, electrical, and electronic products
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bundu Power

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bundu Power

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bundu Power Comparisons

Employees
+
Add Comparison
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Competitors of Bundu Power

Bundu Power 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 Ecoflow, Herholdts, SolarTurtle, Solartech and Hi Temp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
An online platform for energy storage solutions is offered.
domain founded_year HQ Location
Electrical products, solar solutions, and renewable energy systems are supplied.
domain founded_year HQ Location
Containerized anti-theft solar power is provided for off-grid rural areas.
domain founded_year HQ Location
Solar powered products are manufactured for renewable energy applications.
domain founded_year HQ Location
Offers solar panels and heat pumps for efficient swimming pool heating.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bundu Power

Ellies gets go-ahead for Bundu Power deal
Techcentral2 years ago

Frequently Asked Questions about Bundu Power

When was Bundu Power founded?

Bundu Power was founded in 2005.

Where is Bundu Power located?

Bundu Power is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.

What does Bundu Power do?

Bundu Power was founded in 2005 and is based in Johannesburg, South Africa. Operations focus on the manufacturing of solar powered products within the renewable energy sector. Products are developed and produced for various applications, with distribution handled through the companys domain, bundupower.co.za. Leadership is provided by Managing Director Nick Von Broembsen, overseeing activities in the South African market.

Who are the top competitors of Bundu Power?

Bundu Power's top competitors include Ecoflow, Herholdts and SolarTurtle.

What products or services does Bundu Power offer?

Bundu Power offers Diesel Generators, Solar Panels, Solar Inverters, Gas Generators, and Borehole Pumps.

Who are Bundu Power's investors?

Bundu Power has 1 investor. Key investors include Ellies.

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