About Ezolar
Ezolar is a company based in Belgaum (India) founded in 2017 by Desai Veerabhadrappa and Maahir Danewale. Ezolar has raised $478.2 thousand across 3 funding rounds from investors including Solazen, Paramanand Gulabani and Parag Naik. Ezolar offers products and services including EPC Service, Rooftop Solar as a Service, and Ground Mount Solar as a Service. Ezolar operates in a competitive market with competitors including Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green, among others.
- Headquarter Belgaum, India
- Founders Desai Veerabhadrappa, Maahir Danewale
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Phovoezolar Energy Private Limited
- Date of Incorporation 24 Jul, 2017
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$458.54 K (USD)1532.74as on Mar 31, 2022
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Net Profit
$2.35 K (USD)131.73as on Mar 31, 2022
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EBITDA
$15.64 K (USD)91.58as on Mar 31, 2022
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Total Equity Funding
$478.2 K (USD)
in 3 rounds
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Latest Funding Round
$256.89 K (USD), Seed
May 23, 2022
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Investors
Solazen
& 14 more
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Employee Count
Not available
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Products & Services of Ezolar
Ezolar offers a comprehensive portfolio of products and services, including EPC Service, Rooftop Solar as a Service, and Ground Mount Solar as a Service.
Handles engineering and commissioning for solar projects.
Offers green electricity for rooftops without investment.
Provides affordable solar power from private parks.
Funding Insights of Ezolar
Ezolar has successfully raised a total of $478.2K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $256.89 thousand completed in May 2022. 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 Ezolar
Ezolar has secured backing from 15 investors, including angel investors. Prominent investors backing the company include Solazen, Paramanand Gulabani and Parag Naik.
| Investor | Description | Founded Year | Domain | Location |
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Paramanand Gulabani |
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Parag Naik |
Angel investor, tech enthusiast, supporting Indian startups in SaaS and AI.
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S Sujata Bellary |
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Investor details for Ezolar
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Ezolar
Investment portfolio details for Ezolar
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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Verified entity values are shown only after access is granted.
Financial Statements - Ezolar
Detailed financials for Ezolar
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Ezolar Comparisons
Peer comparison for Ezolar
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Ezolar
Ezolar 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 Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green, among others.
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Solar energy projects are developed and operated by Lightsource BP.
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Solar energy projects are developed for residential and commercial applications.
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On-grid and off-grid solar solutions and products are provided.
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EPC and MEP services are provided across diverse sectors.
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Provider of solar EPC, IPP services, and battery energy storage systems
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Provider of a range of solar products and services
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Detailed competitors of Ezolar
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- Full company profiles
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Latest news on Ezolar
Complete news archive for Ezolar
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Frequently Asked Questions about Ezolar
Ezolar was founded in 2017.
Ezolar is headquartered in Belgaum, India. It is registered at Belgaum, Karnataka, India.
Ezolar is a funded company, having raised a total of $478.2K across 3 funding rounds to date.
Annual revenue of Ezolar is $458.54K as on Mar 31, 2022.
Ezolar was established in 2017 in Belgaum, India, within the renewable energy sector. Installation services for solar panels and associated products are provided, supporting operations in solar technology deployment. The company is led by co-founders Desai Veerabhadrappa and Maahir Danewale, with activities focused on regional solar infrastructure needs. Geographic emphasis remains on Indian markets, addressing installation and maintenance requirements.
Ezolar's top competitors include Lightsource BP, Fourth Partner Energy and Freyr Energy.
Ezolar offers EPC Service, Rooftop Solar as a Service, and Ground Mount Solar as a Service.
Ezolar has 15 investors. Key investors include Solazen, Paramanand Gulabani, Parag Naik, S Sujata Bellary, and Ravindragouda K Patil.
The valuation of Ezolar is $1.61M as of May 2022.