About Ezon Energy Solutions
Ezon Energy Solutions is an Energy & Utilities company based in Coimbatore (India) founded in 2015. Solar power is produced independently with patented 3-axis technology. Ezon Energy Solutions has raised $21 million across 1 funding round. Its Indian entity Ezon Energy Solutions Private Limited reported revenue of ₹17.71 Cr. Ezon Energy Solutions offers products and services including Slantroof – Monofacial, Slantroof – Bifacial, Ground Mounted Monofacial, Ground Mounted Bifacial, and Horizontal Dual-Axis Solar Tracker. Its focus areas include Energy, Solar Energy, Independent Power Producer and Utility. Its competitors include Avaada Group, Greenko Group and Azure Power; 3 of its 3 listed competitors have raised funding.
Company details
Ezon Energy Solutions was founded in 2015 in Coimbatore, India, and operates as an independent power producer in the solar energy sector. Patented 3-axis technology is employed to generate 1.9 million units per MW across 4 acres. A 140 MW solar plant is scheduled for completion by March, focusing on efficient land and output optimization in the renewable energy field.
- Headquarters Coimbatore, India
- SectorsEnergy & Utilities
- Email••••••••
- Website ezon.in
- Legal Name Ezon Energy Solutions Private Limited
- Date of Incorporation 02 Jul, 2015
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹17.71 Cr
FY 2024 · +265% YoY
- Net Profit₹2.3 Lakh
FY 2024 · 0% margin
- EBITDA₹12.8 Lakh
FY 2024 · 1% margin
- Total Equity Funding$21M (USD)
in 1 rounds
- Latest Funding Round$21M (USD), Private Equity Round
Oct 2016
Associated legal entities of Ezon Energy Solutions
Ezon Energy Solutions operates through Ezon Energy Solutions 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 |
|---|---|---|---|---|---|---|---|
| Ezon Energy Solutions Private Limited CIN U40106TZ2015PTC021544 | Active | 02 Jul 2015 | Coimbatore, Tamil Nadu | ₹17.7 Cr | 2 | View details |
Products & Services of Ezon Energy Solutions
Ezon Energy Solutions offers a comprehensive portfolio of products and services, including Slantroof – Monofacial, Slantroof – Bifacial, Ground Mounted Monofacial, Ground Mounted Bifacial, and Horizontal Dual-Axis Solar Tracker.
Solar panels for efficient rooftop energy generation
Bifacial panels capturing sunlight from both sides
Monofacial systems for large-scale ground installations
Bifacial panels for enhanced ground-based energy production
Device to optimize solar panel orientation for maximum output
Funding Insights of Ezon Energy Solutions
Ezon Energy Solutions has successfully raised a total of $21M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $21 million completed in October 2016. 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 $21M
- Total Rounds 1
- Last Round Private Equity Round — $21M
- First Round $21M
(Oct 2016)
All 1 funding rounds of Ezon Energy Solutions 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 |
|---|---|---|---|---|---|
| Oct 2016 | $21M | Private Equity Round | – | – | – |
Board of directors of Ezon Energy Solutions Private Limited (Ezon Energy Solutions)
Ezon Energy Solutions Private Limited is the primary company behind Ezon Energy Solutions. The board of Ezon Energy Solutions Private Limited currently have 2 directors; the longest-serving is Radhakrishnan Sathurappan Kasthurirangaramanujam, appointed in 2015. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Radhakrishnan Sathurappan Kasthurirangaramanujam DIN 06477373 | Managing Director | 02 Jul 2015 | 11 yrs 4 mo | Ezon Energy Solutions Private Limited |
| Savithiri Radhakrishnan DIN 07574962 | Additional Director | 18 Jun 2025 | 1 yr 4 mo | Ezon Energy Solutions Private Limited |
Financials of Ezon Energy Solutions
Figures of Ezon Energy Solutions Private Limited, the primary company behind Ezon Energy Solutions, for FY 2024. Revenue was ₹17.71 Cr (+265% year on year). Net profit was ₹2.3 Lakh (0% margin). EBITDA was ₹12.8 Lakh (1% margin). Revenue has grown at a compounded annual rate of +115% over three years and +83% over five years.
- ₹17.71 CrRevenue · FY 2024 · +265% YoY
- ₹2.3 LakhNet profit · 0% margin
- ₹12.8 LakhEBITDA · 1% margin
- ₹1.00 CrPaid-up capital
- +115%Revenue CAGR, 3 years
- +83%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ezon Energy Solutions Private Limited are on its company page.
Detailed financial statements for Ezon Energy Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
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Timeline of Ezon Energy Solutions
2 dated milestones of Ezon Energy Solutions across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Ezon Energy Solutions is founded.
- Funding First funding round of $21.0M.
Competitors of Ezon Energy Solutions
Ezon Energy Solutions has 3 listed competitors in our database, 3 of them funded. They include Avaada Group, Greenko Group and Azure Power.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| avaada.com | 2009 | Delhi, India | $879.45M | 2,935 | Renewable energy projects in solar, wind, and storage are developed. | |
| greenkogroup.com | 2006 | Hyderabad, India | $942.81M | 160 | Energy transition and decarbonization solutions are provided by Greenko Group. | |
| azurepower.com | 2008 | Delhi, India | $174.06M | 902 | Provider of independent power producer in the utility scale renewable energy |
Detailed competitors of Ezon Energy Solutions
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Ezon Energy Solutions (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Ezon Energy Solutions
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Frequently Asked Questions about Ezon Energy Solutions
Ezon Energy Solutions was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Ezon Energy Solutions is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Ezon Energy Solutions is a funded company, having raised a total of $21M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $21M, raised on Oct 2016.
The primary company behind Ezon Energy Solutions, Ezon Energy Solutions Private Limited, reported revenue of ₹17.71 Cr for FY 2024, up 265% year on year.
Ezon Energy Solutions was founded in 2015 in Coimbatore, India, and operates as an independent power producer in the solar energy sector. Patented 3-axis technology is employed to generate 1.9 million units per MW across 4 acres. A 140 MW solar plant is scheduled for completion by March, focusing on efficient land and output optimization in the renewable energy field.
Ezon Energy Solutions's top competitors include Avaada Group, Azure Power and Greenko Group.
Ezon Energy Solutions offers Slantroof – Monofacial, Slantroof – Bifacial, Ground Mounted Monofacial, Ground Mounted Bifacial, and Horizontal Dual-Axis Solar Tracker.
Ezon Energy Solutions operates through Ezon Energy Solutions Private Limited.
The legal entities of Ezon Energy Solutions currently have 2 directors, including Savithiri Radhakrishnan, Radhakrishnan Sathurappan Kasthurirangaramanujam.