Esyasoft

Bengaluru, India Founded: 2014 • Age: 12 yrs
AI-powered solutions for energy grid modernization are provided.
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About Esyasoft

Esyasoft is a company based in Bengaluru (India) founded in 2014 by Bipin Chandra.. Esyasoft has raised $4.43 million across 4 funding rounds from investors including Trescon, Startup Karnataka and Easysoft. The company has 90 employees as of April 05, 2024. Esyasoft has completed 1 acquisition, including Good Energy. Esyasoft offers products and services including Smart Grid Suite, Analytics & AI, IoT Products, Energy Mobility, and Climate Tech. Esyasoft operates in a competitive market with competitors including Wallbox, POD Point, Landis+Gyr, Span.IO and CTEK, among others.

  • Headquarter Bengaluru, India
  • Employees 90 as on 05 Apr, 2024
  • Founders Bipin Chandra
  • Stage Minicorn
  • Sectors
    Technology
    Energy & Utilities Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Esyasoft Technologies Private Limited
  • Date of Incorporation 25 Mar, 2014
  • Jurisdiction Kormangala, Karnataka, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Power Generation & Infrastructure
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $2.13 M (USD)
    35.33
    as on Mar 31, 2023
  • Net Profit
    $409.87 K (USD)
    1310.97
    as on Mar 31, 2023
  • EBITDA
    $59.38 K (USD)
    -68.93
    as on Mar 31, 2023
  • Total Equity Funding
    $4.43 M (USD)

    in 4 rounds

  • Latest Funding Round
    $3.93 M (USD), Series A

    May 12, 2020

  • Investors
    Trescon

    & 4 more

  • Employee Count
    90

    as on Apr 05, 2024

  • Investments & Acquisitions
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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. 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.

Primary

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.

People of Esyasoft
Headcount 50-200
Employee Profiles 20
Employee Profiles
People
Khaja Vali
Power Bi Developer
People
Konstantinos Zagalikis
Regional General Manager – Europe
People
Pooja Nagesh
Senior Associate
People
Hazem Abutaha
Test Lead Software Testing

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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
  • Total Rounds 4
  • Last Round Series A — $3.9M
  • First Round

    (28 Jun 2017)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2020 Amount Series A - Esyasoft Valuation Easysoft
Sep, 2018 Amount Angel Round - Esyasoft Valuation Rajeev Agrawal , Rajeev Agrawal
Mar, 2018 Amount Seed - Esyasoft Valuation Trescon
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 Esyasoft

Esyasoft has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Trescon, Startup Karnataka and Easysoft. 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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
ODBC and JDBC drivers for databases are provided.
Founded Year Domain Location
Business events and consulting services are provided by Trescon.
Founded Year Domain Location
Support for startups in Karnataka is delivered through policies, funding, and networking services.
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 Esyasoft

Esyasoft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Good Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Renewable energy and home solutions are supplied to UK customers.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Esyasoft

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Esyasoft Comparisons

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Competitors of Esyasoft

Esyasoft 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 Wallbox, POD Point, Landis+Gyr, Span.IO and CTEK, 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
Provider of electric-vehicle charging solutions
domain founded_year HQ Location
Provider of electric vehicle charging solutions
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
domain founded_year HQ Location
EV chargers for automotive batteries are manufactured and distributed worldwide.
domain founded_year HQ Location
Smart grid communication solutions are provided for utilities by Tantalus.
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.

Latest news on Esyasoft

Frequently Asked Questions about Esyasoft

When was Esyasoft founded?

Esyasoft was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Esyasoft located?

Esyasoft is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Who is the current CEO of Esyasoft?

Bipin Chandra is the current CEO of Esyasoft. They have also founded this company.

Is Esyasoft a funded 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 Seed of $461.01K, raised on Jun 28, 2017.

How many employees does Esyasoft have?

As of Apr 05, 2024, the latest employee count at Esyasoft is 90.

What is the annual revenue of Esyasoft?

Annual revenue of Esyasoft is $2.13M as on Mar 31, 2023.

What does Esyasoft do?

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.

Who are the top competitors of Esyasoft?

Esyasoft's top competitors include POD Point, Landis+Gyr and Span.IO.

What products or services does Esyasoft offer?

Esyasoft offers Smart Grid Suite, Analytics & AI, IoT Products, Energy Mobility, and Climate Tech.

How many acquisitions has Esyasoft made?

Esyasoft has made 1 acquisition, including Good Energy.

Who are Esyasoft's investors?

Esyasoft has 5 investors. Key investors include Trescon, Startup Karnataka, Easysoft, Rajeev Agrawal, and Rajeev Agrawal.

What is Esyasoft's valuation?

The valuation of Esyasoft is $1.01M as of Sep 2018.

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