About Ecco Solar
Ecco Solar is an Energy & Utilities company based in Noida (India) founded in 2009 by Ramendra S Baoni and Dipendra Baoni. Developer of solar powered products. Ecco Solar has raised $2.05 million across 4 funding rounds from investors including Ravi Sharma and Nameeta Goyal. The company has 10 employees. Ecco Solar was last valued at $4.16 million in February 2014. Its chief executive, as recorded, is Tarun Aggarwal. Its focus areas include Energy, Solar Energy, Hardware Developer and Balance of Systems. Its legal entity in India is Ecco Electronics Private Limited (U74900DL2009PTC195728). Its competitors include MRO-TEK and Consul NeoWatt; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters Noida, India
- Employees 10
- Founders Ramendra S Baoni, Dipendra Baoni
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ecco.in
- Social LinkedIn X Facebook
- Legal Name Ecco Electronics Private Limited
- Date of Incorporation 05 Nov, 2009
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹29,060
FY 2025 · +307% YoY
- Net Loss-₹30,590
FY 2025 · -105% margin
- EBITDA-₹30,590
FY 2025 · -105% margin
- Total Equity Funding$2.05M (USD)
in 4 rounds
- Latest Funding Round$37.06K (USD), Seed
Dec 2014
- Employee Count10
Associated legal entities of Ecco Solar
Ecco Solar operates through Ecco Electronics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ecco Electronics Private Limited CIN U74900DL2009PTC195728 | Active | 05 Nov 2009 | New Delhi, Delhi | ₹0.0 Cr | 10 | 2 | View details |
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.
- Total Funding $2.05M
- Total Rounds 4
- Last Round Seed — $37,061
- First Round $505,791
(Mar 2010)
- Investors Count 2
All 4 funding rounds of Ecco Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2014 | $37,061 | Seed | – | – | – |
| Feb 2014 | $881,128 | Seed | $4.16M | – | – |
| Jun 2012 | $622,500 | Seed | $3.14M | – | – |
| Mar 2010 | $505,791 | Seed | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2014 | $4.16M | •••••••• |
| Jun 2012 | $3.14M | •••••••• |
| Mar 2010 | $••••• | •••••••• |
Full valuation and stage history of Ecco Solar
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $4.16M (Feb 2014). 2 investors in total: 0 institutional and 2 angel.
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 |
|---|---|---|---|---|
RS Ravi Sharma | Angel investor, tech entrepreneur, focused on early-stage Indian startups | unknown_af68266f0656415d8 | ||
NG Nameeta Goyal | unknown_25ee3811ead448bca |
Investor details for Ecco Solar
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Board of directors of Ecco Electronics Private Limited (Ecco Solar)
Ecco Electronics Private Limited is the primary company behind Ecco Solar. The board of Ecco Electronics Private Limited currently have 2 directors; the longest-serving is Ramendra Singh Baoni, appointed in 2009. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramendra Singh Baoni DIN 00291345 | Director | 05 Nov 2009 | 17 yrs | Ecco Electronics Private Limited |
| Vivek Bihani DIN 00014296 | Director | 13 Mar 2010 | 16 yrs 7 mo | Ecco Electronics Private Limited |
People of Ecco Solar
4 people are tracked at Ecco Solar (4 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Dipendra Baoni | Co-Founder | Leadership |
Tarun Aggarwal | CEO | Leadership |
Siddharth Mukherjee | CEO | Leadership |
Complete people profiles for Ecco Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Ecco Solar
Figures of Ecco Electronics Private Limited, the primary company behind Ecco Solar, for FY 2025. Revenue was ₹29,060 (+307% year on year). Net loss was -₹30,590 (-105% margin). EBITDA was -₹30,590 (-105% margin). Revenue has grown at a compounded annual rate of +9% over three years and -63% over five years.
- ₹29,060Revenue · FY 2025 · +307% YoY
- -₹30,590Net loss · -105% margin
- -₹30,590EBITDA · -105% margin
- ₹16.53 CrPaid-up capital
- 10Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- -63%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ecco Electronics Private Limited are on its company page.
Detailed financial statements for Ecco Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Ecco Solar
4 dated milestones of Ecco Solar across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ecco Solar is founded.
- Funding First funding round of $506K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $37K.
Competitors of Ecco Solar
Ecco Solar has 2 listed competitors in our database, 1 of them funded. They include MRO-TEK and Consul NeoWatt.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mro-tek.com | 1984 | Bengaluru, India | 65 | Solar UPS, inverters, and charge controllers are manufactured by MRO-TEK. | ||
| consulindia.com | 1981 | Chennai, India | $25M | Power backup products and solutions are manufactured for multiple sectors. |
Detailed competitors of Ecco Solar
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Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Ecco Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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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 CEO of Ecco Solar, as recorded in our data.
Ecco Solar is a funded company, having raised a total of $2.05M across 4 funding rounds to date. The company's 1st funding round was a Seed of $505.79K, raised on Mar 2010.
Ecco Solar has 10 employees.
The primary company behind Ecco Solar, Ecco Electronics Private Limited, reported revenue of ₹29,060 for FY 2025, up 307% year on year.
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's top competitors include MRO-TEK and Consul NeoWatt.
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.
Ecco Solar operates through Ecco Electronics Private Limited.
The legal entities of Ecco Solar currently have 2 directors, including Ramendra Singh Baoni, Vivek Bihani.