Delectrik

Gurugram, India Founded: 2016 • Age: 10 yrs
Redox flow batteries are manufactured for energy storage applications.
Annual revenue $708,090 Latest available
Total funding $377,894 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Delectrik

Delectrik is a company based in Gurugram (India) founded in 2016 by Vishal Mittal. Delectrik has raised $377.89 thousand across 3 funding rounds from investors including Dhiraj Taneja, Atul Arora and Naveen Khajuria. Delectrik offers products and services including Flow Batteries. Delectrik operates in a competitive market with competitors including VFlow Tech, CMBlu Energy, Invinity, Standard Energy and Quino Energy, among others.

  • Headquarter Gurugram, India
  • Founders Vishal Mittal
  • Stage Minicorn
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Delectrik Systems Pvt Ltd
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $708.09 K (USD)
    262.5
    as on Mar 31, 2023
  • Net Profit
    $87.45 K (USD)
    609.72
    as on Mar 31, 2023
  • EBITDA
    $84.87 K (USD)
    531.63
    as on Mar 31, 2023
  • Total Equity Funding
    $377.89 K (USD)

    in 3 rounds

  • Latest Funding Round
    $377.89 K (USD), Angel Round

    Dec 07, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Delectrik

Delectrik offers a comprehensive portfolio of products and services, including Flow Batteries.

Product name locked
Category locked
Primary

Devices that store renewable energy for reliable 24/7 power supply.

Funding Insights of Delectrik

Delectrik has successfully raised a total of $377.89K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $377.89 thousand completed in December 2024. 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 Delectrik

Delectrik has secured backing from 6 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Dhiraj Taneja, Atul Arora and Naveen Khajuria.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage tech startups are supported via venture capital and acceleration.
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Science and technology promotion is managed by this department.
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Dhiraj Taneja

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Investor details for Delectrik

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Investments & Acquisitions by Delectrik

Investments
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Investment portfolio details for Delectrik

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Financial Statements - Delectrik

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Detailed financials for Delectrik

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Delectrik Comparisons

Delectrik Primary company
Description
Redox flow batteries are manufactured for energy storage app...
Location
Gurugram, India
Founded Year
2016
Annual Revenue
$708.09 K (USD)
Net Profit
$87.45 K (USD)
EBITDA
$84.87 K (USD)
Employees
Not available
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Peer comparison for Delectrik

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Competitors of Delectrik

Delectrik 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 VFlow Tech, CMBlu Energy, Invinity, Standard Energy and Quino Energy, among others.

Company Name Domain Founded year HQ Location Description
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Manufacturer of low-cost, efficient vanadium redox flow batteries
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Manufacturer of organic solid state energy storage systems
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Manufacturer of vanadium flow batteries for grid-scale and industrial applications
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Redox flow batteries are developed with electrolyte circulation technology.
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Provider of solutions for energy storage systems
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Detailed competitors of Delectrik

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Latest news on Delectrik

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Complete news archive for Delectrik

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Frequently Asked Questions about Delectrik

Delectrik was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Delectrik is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Vishal Mittal is the current CEO of Delectrik. They have also founded this company.

Delectrik is a funded company, having raised a total of $377.89K across 3 funding rounds to date.

Annual revenue of Delectrik is $708.09K as on Mar 31, 2023.

Delectrik was founded in 2016 in Gurugram, India, and operates as a manufacturer in the energy storage sector. Redox flow batteries are produced, featuring an electrolyte for chemical energy storage in various ionic forms of vanadium within a dilute acid solution, alongside a cell stack for energy conversion. Focus is placed on providing scalable solutions for renewable energy integration across industrial applications.

Delectrik's top competitors include VFlow Tech, CMBlu Energy and Invinity.

Delectrik offers Flow Batteries.

Delectrik has 6 investors. Key investors include Dhiraj Taneja, Atul Arora, Naveen Khajuria, Purti Sharma, and IIMA Ventures.

The valuation of Delectrik is $71.49M as of Dec 2024.

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