About Esyasoft
Esyasoft is a Technology company based in Bengaluru (India) founded in 2014 by Bipin Chandra. AI-powered solutions for energy grid modernization are provided. It operates in the Technology, Energy & Utilities, and Transportation, Automotive & Logistics sectors. Esyasoft has raised $4.43 million across 4 funding rounds from investors including Trescon, Startup Karnataka and Easysoft. The company has 90 employees. Esyasoft has completed 1 acquisition, including Good Energy. Esyasoft was last valued at $1.01 million in September 2018. Its chief executive, as recorded, is Bipin Chandra. Its Indian entity Esyasoft Technologies Private Limited reported revenue of ₹22.70 Cr. Esyasoft offers products and services including Smart Grid Suite, Analytics & AI, IoT Products, Energy Mobility, and Climate Tech. Its focus areas include High Tech, Smart Cities, Smart Utilities and Energy Management.
Company details
Esyasoft was founded in 2014 in Bengaluru, India, and operates within the energy sector. Solutions focused on grid modernization are offered, incorporating advanced metering infrastructure, IoT devices, and AI-driven analytics to improve efficiency and reliability. Support for electric vehicle infrastructure implementation is also provided, alongside efforts in decarbonization using blockchain and artificial intelligence technologies.
- Headquarters Bengaluru, India
- Employees 90
- Founders Bipin Chandra
- Stage Minicorn
- SectorsTechnologyEnergy & Utilities Transportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website esyasoft.com
- Social LinkedIn
- Legal Name Esyasoft Technologies Private Limited
- Date of Incorporation 25 Mar, 2014
- Jurisdiction Kormangala, Karnataka, India
- Annual Revenue₹22.70 Cr
FY 2024 · +28% YoY
- Net Profit₹1.45 Cr
FY 2024 · 6% margin
- EBITDA₹1.96 Cr
FY 2024 · 9% margin
- Total Equity Funding$4.43M (USD)
in 4 rounds
- Latest Funding Round$3.93M (USD), Series A
May 2020
- InvestorsTrescon
& 4 more
- Employee Count90
- Investments & Acquisitions
Associated legal entities of Esyasoft
Esyasoft operates through Esyasoft Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Esyasoft Technologies Private Limited CIN U72200KA2014PTC074366 | Active | 25 Mar 2014 | Koramangala, Karnataka | ₹22.7 Cr | 90 | 6 | View details |
Products & Services of Esyasoft
Esyasoft offers a comprehensive portfolio of products and services, including Smart Grid Suite, Analytics & AI, IoT Products, Energy Mobility, and Climate Tech.
Enables end-to-end digital transformation of energy grids.
Delivers insights to enhance energy efficiency and sustainability.
Modernizes utility grids with meters and sensors for monitoring.
Supports electric vehicle implementation and transitions.
Addresses decarbonization using AI and blockchain technologies.
Funding Insights of Esyasoft
Esyasoft has successfully raised a total of $4.43M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.93 million completed in May 2020. 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 $4.43M
- Total Rounds 4
- Last Round Series A — $3.93M
- First Round $309,823
(Jun 2017)
- Investors Count 5
All 4 funding rounds of Esyasoft 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 |
|---|---|---|---|---|---|
| May 2020 | $3.93M | Series A | – | Easysoft | – |
| Sep 2018 | $41,313 | Angel Round | $1.01M | Rajeev Agrawal, Rajeev Agrawal | – |
| Mar 2018 | $461,013 | Seed | $2.79M | Trescon | – |
| Jun 2017 | $309,823 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2018 | $1.01M | •••••••• |
| Mar 2018 | $2.79M | •••••••• |
Last known valuation $1.01M (Sep 2018). 5 investors in total: 3 institutional and 2 angel.
Investors in Esyasoft
Esyasoft has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Trescon, Startup Karnataka and Easysoft.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ODBC and JDBC drivers for databases are provided. | easysoft.com | Wetherby, United Kingdom | ||
Business events and consulting services are provided by Trescon. | 2016 | tresconglobal.com | Bengaluru, India | |
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India | |
RA Rajeev Agrawal | Angel investor, ex-CEO of Innoviti, focused on fintech and consumer tech startups. | unknown_10f1805e3efd48a8b | ||
RA Rajeev Agrawal | unknown_bc8833230a8d4eeeb |
Investor details for Esyasoft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Esyasoft Technologies Private Limited (Esyasoft)
Esyasoft Technologies Private Limited is the primary company behind Esyasoft. The board of Esyasoft Technologies Private Limited currently have 5 directors; the longest-serving is Bipin Chandra, appointed in 2014. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bipin Chandra DIN 02992238 | Director | 25 Mar 2014 | 12 yrs 7 mo | Esyasoft Technologies Private Limited |
| Sanjay Soni DIN 02065360 | Director | 31 Mar 2018 | 8 yrs 7 mo | Esyasoft Technologies Private Limited |
| Amit Kulkarni DIN 09784123 | Director | 07 Nov 2022 | 3 yrs 11 mo | Esyasoft Technologies Private Limited |
| Joe Joshy Paul DIN 10264916 | Director | 03 Aug 2023 | 3 yrs 3 mo | Esyasoft Technologies Private Limited |
| Ajay Kumar Sinha DIN 10524817 | Director | 27 Feb 2024 | 2 yrs 8 mo | Esyasoft Technologies Private Limited |
People of Esyasoft
21 people are tracked at Esyasoft (10 in leadership, 11 in team); the tracked headcount is 90.
| Name | Role | Group |
|---|---|---|
| Director of Products | Leadership | |
| Founder & Co-CEO | Leadership | |
| Co-CEO & Director of Sales & Marketing | Leadership | |
Konstantinos Zagalikis | Regional General Manager – Europe | Leadership |
Kamal Sen | Chief Technology Officer | Leadership |
Alfred Manohar | Director - Business Development & Strategy | Leadership |
| Director - Operations | Leadership | |
Helin Cepil | Global Head Of Sales And Business Development | Leadership |
Garima Asthana | Head Of Data Science | Leadership |
Sivakumar Subramaniam | Vice President - Data Analytics | Leadership |
Khaja Vali | Power Bi Developer | Team |
Pooja Nagesh | Senior Associate | Team |
Hazem Abutaha | Test Lead Software Testing | Team |
Ankit Chourasiya | Solutions Architect | Team |
Saravanan Muthukumar | Project Manager | Team |
Murugappan Shanmugam | Senior Lead Engineer | Team |
Varun Rajaram | Project Engineer - Manufacturing & Assembly | Team |
Anupama Shukla | Business Analyst | Team |
Swapnil Shahane | Business Development Manager | Team |
Gaurav Kamal | Division Incharge | Team |
1 more people are available in the full profile.
Complete people profiles for Esyasoft
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Esyasoft
Figures of Esyasoft Technologies Private Limited, the primary company behind Esyasoft, for FY 2024. Revenue was ₹22.70 Cr (+28% year on year). Net profit was ₹1.45 Cr (6% margin). EBITDA was ₹1.96 Cr (9% margin). Revenue has grown at a compounded annual rate of +26% over three years and +39% over five years.
- ₹22.70 CrRevenue · FY 2024 · +28% YoY
- ₹1.45 CrNet profit · 6% margin
- ₹1.96 CrEBITDA · 9% margin
- ₹29.91 CrPaid-up capital
- 90Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +39%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Esyasoft Technologies Private Limited are on its company page.
Detailed financial statements for Esyasoft
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Esyasoft
Esyasoft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Good Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Renewable energy and home solutions are supplied to UK customers. | goodenergy.co.uk | Chippenham, United Kingdom | 1999 | Jan 2025 | $124.03M |
Complete acquisition details for Esyasoft
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Esyasoft
5 dated milestones of Esyasoft across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Esyasoft is founded.
- Funding First funding round of $310K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.9M.
- Acquisition Acquires Good Energy.
Web traffic of Esyasoft
The website of Esyasoft (esyasoft.com) receives about 7.3K visits a month.
- Monthly visits7.3K
▼ 62.4% vs previous month
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
Related news about Esyasoft
Complete news archive for Esyasoft
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Esyasoft
Esyasoft was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Esyasoft is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bipin Chandra is the CEO of Esyasoft, as recorded in our data. They have also founded this company.
Esyasoft is a funded company, having raised a total of $4.43M across 4 funding rounds to date. The company's 1st funding round was a Grant of $309.82K, raised on Jun 2017.
Esyasoft has 90 employees.
The primary company behind Esyasoft, Esyasoft Technologies Private Limited, reported revenue of ₹22.70 Cr for FY 2024, up 28% year on year.
Esyasoft was founded in 2014 in Bengaluru, India, and operates within the energy sector. Solutions focused on grid modernization are offered, incorporating advanced metering infrastructure, IoT devices, and AI-driven analytics to improve efficiency and reliability. Support for electric vehicle infrastructure implementation is also provided, alongside efforts in decarbonization using blockchain and artificial intelligence technologies.
Esyasoft offers Smart Grid Suite, Analytics & AI, IoT Products, Energy Mobility, and Climate Tech.
Esyasoft has made 1 acquisition, including Good Energy.
Esyasoft has 5 investors. Key investors include Trescon, Startup Karnataka, Easysoft, Rajeev Agrawal, and Rajeev Agrawal.
The valuation of Esyasoft is $1.01M as of Sep 2018.
Esyasoft operates through Esyasoft Technologies Private Limited.