About Eastern Electrolyser
Eastern Electrolyser is a company based in Noida (India) founded in 1994 by Chintan Tewari. Eastern Electrolyser has raised $1 million across 1 funding round from investors including De Gournay. The company has 74 employees as of April 07, 2024. Eastern Electrolyser offers products and services including Hydrogen Gas Plants, Electrolysers, Compressors, and Storage Systems. Eastern Electrolyser operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
- Headquarter Noida, India
- Employees 74 as on 07 Apr, 2024
- Founders Chintan Tewari
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Eastern Electrolyser Limited
- Date of Incorporation 20 May, 1987
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$2.05 M (USD)86.96as on Mar 31, 2023
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Net Profit
$391.93 K (USD)1921.46as on Mar 31, 2023
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EBITDA
$593.19 K (USD)463.74as on Mar 31, 2023
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Unspecified
Apr 07, 2023
- Investors
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Employee Count
74
as on Apr 07, 2024
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Products & Services of Eastern Electrolyser
Eastern Electrolyser offers a comprehensive portfolio of products and services, including Hydrogen Gas Plants, Electrolysers, Compressors, and Storage Systems.
Systems for producing hydrogen via water electrolysis
Devices that generate hydrogen through water electrolysis
Equipment for compressing hydrogen gas in plants
Solutions for safely storing hydrogen gas
Funding Insights of Eastern Electrolyser
Eastern Electrolyser has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1 million completed in April 2023. 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 — $1.0M
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First Round
First Round
(07 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Unspecified - Eastern Electrolyser | Valuation | De Gournay |
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Investors in Eastern Electrolyser
Eastern Electrolyser has secured backing from 1 investor. Prominent investors backing the company include De Gournay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A premier brand specializing in high-quality wall decor products.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eastern Electrolyser
Financial Statements - Eastern Electrolyser
Eastern Electrolyser Comparisons
Competitors of Eastern Electrolyser
Eastern Electrolyser 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 Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of hydrogen production and storage solutions
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| domain | founded_year | HQ Location |
Power generation via bioenergy, thermal, and wind sources is offered.
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| domain | founded_year | HQ Location |
Producer and supplier of green hydrogen
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| domain | founded_year | HQ Location |
Pressurized alkaline and solid oxide electrolysis products are manufactured.
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| domain | founded_year | HQ Location |
Aerial inspection services are delivered using automated drones.
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| domain | founded_year | HQ Location |
Solutions for hydrogen generation via electrolysis are provided.
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Latest news on Eastern Electrolyser
Frequently Asked Questions about Eastern Electrolyser
Eastern Electrolyser was founded in 1994 and raised its 1st funding round 29 years after it was founded.
Eastern Electrolyser is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Eastern Electrolyser is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Unspecified of $1M, raised on Apr 07, 2023.
As of Apr 07, 2024, the latest employee count at Eastern Electrolyser is 74.
Annual revenue of Eastern Electrolyser is $2.05M as on Mar 31, 2023.
Eastern Electrolyser was founded in 1994 and is headquartered in Noida, India. Electrolysis-based hydrogen generation solutions are developed and manufactured by the company for various industries. Alkaline and PEM technologies form the basis of these systems, which support applications in energy and manufacturing sectors. Operations focus on providing reliable hydrogen production equipment to meet industrial demands.
Eastern Electrolyser's top competitors include Lhyfe, Nel Hydrogen and Orsted.
Eastern Electrolyser offers Hydrogen Gas Plants, Electrolysers, Compressors, and Storage Systems.
Eastern Electrolyser has 1 investor. Key investors include De Gournay.
The valuation of Eastern Electrolyser is $9.04M as of Apr 2023.