Ergon Labs

Bengaluru, India Founded: 2019 • Age: 7 yrs
Provider of charging solution for EVs
Annual revenue - Latest available
Total funding $157,451 1 rounds
Employees 1 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Ergon Labs

Ergon Labs is a company based in Bengaluru (India) founded in 2019 by Ashwin Ramanujam. Ergon Labs has raised $157.45 thousand across 1 funding round from investors including Social Alpha, DLabs and Aarem Ventures. The company has 1 employees as of April 09, 2024. Ergon Labs offers products and services including Integrated Power Converter and Hypercharging Stations. Ergon Labs operates in a competitive market with competitors including CTEK, Esyasoft, Electric Era, Charge Amps and Zhenqu Technology, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 09 Apr, 2024
  • Founders Ashwin Ramanujam
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Ergon Mobility Private Limited
  • Date of Incorporation 16 Nov, 2020
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.02 K (USD)
    28.32
    as on Mar 31, 2022
  • EBITDA
    -$1.02 K (USD)
    28.32
    as on Mar 31, 2022
  • Total Equity Funding
    $157.45 K (USD)

    in 1 rounds

  • Latest Funding Round
    $157.45 K (USD), Seed

    May 29, 2023

  • Investors
  • Employee Count
    1

    as on Apr 09, 2024

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Products & Services of Ergon Labs

Ergon Labs offers a comprehensive portfolio of products and services, including Integrated Power Converter and Hypercharging Stations.

Product name locked
Category locked
Primary

Combined fast charger and motor controller for electric vehicles.

Product name locked
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Locked

Stations for rapid charging of light electric vehicles.

Funding Insights of Ergon Labs

Ergon Labs has successfully raised a total of $157.45K through 1 strategic funding round. The most recent funding activity was a Seed round of $157.45 thousand completed in May 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.

Investors in Ergon Labs

Ergon Labs has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Social Alpha, DLabs and Aarem Ventures.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Sustainable startups are supported via innovation curation and venture funding.
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Idea-stage startups are accelerated and incubated by ISB-backed DLabs.
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Venture capital fund focused on early-stage startups
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Investments & Acquisitions by Ergon Labs

Investments
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Investment portfolio details for Ergon Labs

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Financial Statements - Ergon Labs

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Detailed financials for Ergon Labs

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Ergon Labs Comparisons

Ergon Labs Primary company
Description
Provider of charging solution for EVs
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
-$1.02 K (USD)
EBITDA
-$1.02 K (USD)
Employees
1
As of 2024
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Peer comparison for Ergon Labs

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Competitors of Ergon Labs

Ergon Labs 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 CTEK, Esyasoft, Electric Era, Charge Amps and Zhenqu Technology, among others.

Company Name Domain Founded year HQ Location Description
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EV chargers for automotive batteries are manufactured and distributed worldwide.
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AI-powered solutions for energy grid modernization are provided.
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End-to-end EV charging infrastructure is installed, deployed, and managed.
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EV charging solutions, including hardware and software, are provided.
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Manufacturer of automotive-certified power modules and electric vehicle solutions
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Commercial EV fleet charging solutions are provided for businesses.
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Detailed competitors of Ergon Labs

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Latest news on Ergon Labs

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Frequently Asked Questions about Ergon Labs

Ergon Labs was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Ergon Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Ashwin Ramanujam is the current CEO of Ergon Labs. They have also founded this company.

Ergon Labs is a funded company, having raised a total of $157.45K across 1 funding round to date.

As of Apr 09, 2024, the latest employee count at Ergon Labs is 1.

Provider of charging solution for EVs. The Integrated Power Converter enables fast-chargers to be packaged on-board, improving charging time while reducing powertrain weight and volume. It offers fast charging solution with advanced charging algorithms and allows you to switch between fast and slow charging through the mobile app.

Ergon Labs's top competitors include CTEK, Esyasoft and In-Charge.

Ergon Labs offers Integrated Power Converter and Hypercharging Stations.

Ergon Labs has 5 investors. Key investors include Social Alpha, DLabs, Aarem Ventures, Anirudh G P, and Vijay Chandrawat.

The valuation of Ergon Labs is $1.03M as of May 2023.

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