About CORE Energy Systems
CORE Energy Systems is a company based in Mumbai (India) founded in 2000 by Nagesh Basarkar. CORE Energy Systems has raised $51.43 million across 5 funding rounds from investors including IDBI Capital, Pankaj Prasoon and Ashish Kacholia. The company has 999 employees as of July 29, 2024. CORE Energy Systems offers products and services including Engineered Package Systems, Operations and Maintenance, Industrial Products, and Nuclear Engineering Solutions. CORE Energy Systems operates in a competitive market with competitors including Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.
- Headquarter Mumbai, India
- Employees 999 as on 29 Jul, 2024
- Founders Nagesh Basarkar
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Sectors
Energy & UtilitiesIndustrial Goods & Manufacturing
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Email
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Website
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Social
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- Legal Name Core Energy Systems Ltd
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$13.51 M (USD)4.12as on Mar 31, 2024
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Net Profit
$684.03 K (USD)312.84as on Mar 31, 2024
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EBITDA
$1.78 M (USD)707.68as on Mar 31, 2024
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Total Equity Funding
$51.43 M (USD)
in 5 rounds
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Latest Funding Round
$23 M (USD), Series B
Aug 06, 2025
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Investors
IDBI Capital
& 45 more
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Employee Count
999
as on Jul 29, 2024
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Products & Services of CORE Energy Systems
CORE Energy Systems offers a comprehensive portfolio of products and services, including Engineered Package Systems, Operations and Maintenance, Industrial Products, and Nuclear Engineering Solutions.
Provides turnkey solutions for energy infrastructure projects
Offers overhaul and commissioning for industrial equipment
Supplies spares and systems for energy sectors
Handles nuclear waste and decommissioning tasks
People of CORE Energy Systems
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Funding Insights of CORE Energy Systems
CORE Energy Systems has successfully raised a total of $51.43M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in August 2025. 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.
Investors in CORE Energy Systems
CORE Energy Systems has secured backing from 46 investors, including institutional and angel investors. Prominent investors backing the company include IDBI Capital, Pankaj Prasoon and Ashish Kacholia.
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Investor details for CORE Energy Systems
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Investments & Acquisitions by CORE Energy Systems
Investment portfolio details for CORE Energy Systems
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Financial Statements - CORE Energy Systems
Detailed financials for CORE Energy Systems
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Core Energy Systems Comparisons
Peer comparison for CORE Energy Systems
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Competitors of CORE Energy Systems
CORE Energy Systems 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 Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.
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Diversified electronics and automation equipment are manufactured and supplied.
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Manufacturer of Industrial and Consumer Electric Equipment
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Energy management and automation solutions are provided globally.
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Manufacturer of energy efficiency products
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Automation and engineering services are provided for multiple industries.
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Industrial automation and information systems are provided to global industries.
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Detailed competitors of CORE Energy Systems
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Latest news on Core Energy Systems
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Frequently Asked Questions about CORE Energy Systems
CORE Energy Systems was founded in 2000 and raised its 1st funding round 16 years after it was founded.
CORE Energy Systems is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kumar Pranay is the current CEO of CORE Energy Systems.
CORE Energy Systems is a funded company, having raised a total of $51.43M across 5 funding rounds to date.
As of Jul 29, 2024, the latest employee count at CORE Energy Systems is 999.
Annual revenue of CORE Energy Systems is $13.51M as on Mar 31, 2024.
CORE Energy Systems was founded in 2000 and is based in Mumbai, India. Engineered package systems and turnkey project solutions are offered across nuclear, oil and gas, defense, and industrial sectors. Services include operations and maintenance, shutdown maintenance, erection and commissioning, and equipment overhauls. Industrial products are also supplied, with project execution handled on a turnkey basis.
CORE Energy Systems's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
CORE Energy Systems offers Engineered Package Systems, Operations and Maintenance, Industrial Products, and Nuclear Engineering Solutions.
CORE Energy Systems has 46 investors. Key investors include IDBI Capital, Pankaj Prasoon, Ashish Kacholia, Praful Kumar, and Ritesh Dalmia.