About Ecco Solar
Ecco Solar is a company based in Noida (India) founded in 2009 by Ramendra S Baoni and Dipendra Baoni. Ecco Solar has raised $2.05 million across 4 funding rounds from investors including Ravi Sharma and Nameeta Goyal. The company has 10 employees as of April 07, 2024. Ecco Solar operates in a competitive market with competitors including Sungrow, MRO-TEK, Fronius, Hoymiles Converter Technology and Consul NeoWatt, among others.
- Headquarter Noida, India
- Employees 10 as on 07 Apr, 2024
- Founders Ramendra S Baoni, Dipendra Baoni
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Ecco Electronics Private Limited
- Date of Incorporation 05 Nov, 2009
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$291.22 (USD)9.01as on Mar 31, 2023
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Net Profit
-$58.48 K (USD)87.8as on Mar 31, 2023
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EBITDA
-$1.84 K (USD)95.01as on Mar 31, 2023
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Total Equity Funding
$2.05 M (USD)
in 4 rounds
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Latest Funding Round
$37.06 K (USD), Seed
Dec 27, 2014
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Investors
& 1 more
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Employee Count
10
as on Apr 07, 2024
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Funding Insights of Ecco Solar
Ecco Solar has successfully raised a total of $2.05M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $37.06 thousand completed in December 2014. 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 Ecco Solar
Ecco Solar has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Ravi Sharma and Nameeta Goyal.
| Investor | Description | Founded Year | Domain | Location |
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Ravi Sharma |
Angel investor, tech entrepreneur, focused on early-stage Indian startups
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Locked | Locked | Locked |
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NG
Nameeta Goyal |
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Investor details for Ecco Solar
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Investments & Acquisitions by Ecco Solar
Investment portfolio details for Ecco Solar
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Financial Statements - Ecco Solar
Detailed financials for Ecco Solar
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Ecco Solar Comparisons
Peer comparison for Ecco Solar
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Competitors of Ecco Solar
Ecco Solar 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 Sungrow, MRO-TEK, Fronius, Hoymiles Converter Technology and Consul NeoWatt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
PV Inverter and Power Storage developer
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Solar UPS, inverters, and charge controllers are manufactured by MRO-TEK.
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BoS units and grid-integrated inverters for solar plants are developed.
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Hoymiles Converter Technology produces high-quality microinverters and power electronics for the solar industry.
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Power backup products and solutions are manufactured for multiple sectors.
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BoS products for solar systems are designed and manufactured.
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Detailed competitors of Ecco Solar
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Latest news on Ecco Solar
Complete news archive for Ecco Solar
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Frequently Asked Questions about Ecco Solar
Ecco Solar was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Ecco Solar is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Tarun Aggarwal is the current CEO of Ecco Solar.
Ecco Solar is a funded company, having raised a total of $2.05M across 4 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Ecco Solar is 10.
Annual revenue of Ecco Solar is $291.22 as on Mar 31, 2023.
Ecco Solar is a full service solar developer, providing end-to-end solar power solutions. Their solutions range from small to large-size power plants. The company claims that they are recognized for their proprietary, patent pending Charge Controller and Drive technology where the Solar Charge Controller (MPPT), Battery Management and Drive circuit are integrated into a microcontroller-based circuit. Their products range from Solar LED lighting to to rooftop and agricultural water pumping solutions.
Ecco Solar has 2 investors. Key investors include Ravi Sharma, and Nameeta Goyal.
The valuation of Ecco Solar is $4.16M as of Feb 2014.