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 & LogisticsEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ergon Mobility Private Limited
- Date of Incorporation 16 Nov, 2020
- Jurisdiction Bengaluru, Karnataka, India
-
Annual Revenue
$0 (USD)0as on Mar 31, 2022
-
Net Profit
$-1.02 K (USD)28.32as on Mar 31, 2022
-
EBITDA
$-1.02 K (USD)28.32as 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
Social Alpha
& 4 more
-
Employee Count
1
as on Apr 09, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ergon Labs
Ergon Labs offers a comprehensive portfolio of products and services, including Integrated Power Converter and Hypercharging Stations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Combined fast charger and motor controller for electric vehicles.
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $157,451
-
First Round
First Round
(29 May 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Seed - Ergon Labs | Valuation | Social Alpha , DLabs |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Sustainable startups are supported via innovation curation and venture funding.
|
Founded Year | Domain | Location | |
|
Idea-stage startups are accelerated and incubated by ISB-backed DLabs.
|
Founded Year | Domain | Location | |
|
Venture capital fund focused on early-stage startups
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ergon Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ergon Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ergon Labs Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
EV chargers for automotive batteries are manufactured and distributed worldwide.
|
|
| domain | founded_year | HQ Location |
AI-powered solutions for energy grid modernization are provided.
|
|
| domain | founded_year | HQ Location |
End-to-end EV charging infrastructure is installed, deployed, and managed.
|
|
| domain | founded_year | HQ Location |
EV charging solutions, including hardware and software, are provided.
|
|
| domain | founded_year | HQ Location |
Manufacturer of automotive-certified power modules and electric vehicle solutions
|
|
| domain | founded_year | HQ Location |
Commercial EV fleet charging solutions are provided for businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Ergon Labs
When was Ergon Labs founded?
Ergon Labs was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Ergon Labs located?
Ergon Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Ergon Labs?
Ashwin Ramanujam is the current CEO of Ergon Labs. They have also founded this company.
Is Ergon Labs a funded company?
Ergon Labs is a funded company, having raised a total of $157.45K across 1 funding round to date. The company's 1st funding round was a Seed of $157.45K, raised on May 29, 2023.
How many employees does Ergon Labs have?
As of Apr 09, 2024, the latest employee count at Ergon Labs is 1.
What does Ergon Labs do?
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.
Who are the top competitors of Ergon Labs?
What products or services does Ergon Labs offer?
Ergon Labs offers Integrated Power Converter and Hypercharging Stations.
Who are Ergon Labs's investors?
Ergon Labs has 5 investors. Key investors include Social Alpha, DLabs, Aarem Ventures, Anirudh G P, and Vijay Chandrawat.
What is Ergon Labs's valuation?
The valuation of Ergon Labs is $1.03M as of May 2023.