About Flareum Technologies
Flareum Technologies was an Energy & Utilities company based in Mumbai (India) founded in 1998. It develops solar thermal technologies for sustainable energy solutions. It operates on a B2B model. Flareum Technologies was last valued at $18.97 million in October 2011. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Technology and Thermal Systems. Its legal entity in India is Flareum Technologies Private Limited (U40109GJ1998PTC034860). Its competitors include Goldi Solar and Su-Kam Power Systems; 1 of its 2 listed competitors has raised funding.
Company details
Flareum Technologies, established in 1998, excels in working in the energy sector, promoting renewable energy, solar technology, and thermal systems. Develops solar thermal technologies for sustainable energy solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Mumbai, India
- Stage Minicorn
- SectorsEnergy & Utilities
- Website flareum.com
- Social X
- Legal Name Flareum Technologies Private Limited
- Date of Incorporation 16 Oct, 1998
- Jurisdiction Valsad, Gujarat, India
- Latest Funding Round$1M (USD), Unspecified
Jun 2012
- InvestorsInternational Finance Corporation
& 4 more
Associated legal entities of Flareum Technologies
Flareum Technologies operates through Flareum Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Flareum Technologies Private Limited CIN U40109GJ1998PTC034860 | Active | 16 Oct 1998 | Valsad, Gujarat | 2 | View details |
Funding Insights of Flareum Technologies
- Total Rounds 4
- Last Round Unspecified — $1M
- First Round $243,453
(May 2008)
- Investors Count 5
All 4 funding rounds of Flareum Technologies 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 |
|---|---|---|---|---|---|
| Jun 2012 | $1M | Unspecified | – | – | |
| Oct 2011 | $6.33M | Unspecified | $18.97M | Zephyr Management | – |
| Mar 2010 | $378,461 | Unspecified | – | – | |
| May 2008 | $243,453 | Unspecified | $1.35M | ZeroEnergy Design |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2011 | $18.97M | •••••••• |
| May 2008 | $1.35M | •••••••• |
Last known valuation $18.97M (Oct 2011). 5 investors in total: 3 institutional and 2 angel.
Investors in Flareum Technologies
Flareum Technologies has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include International Finance Corporation, Zephyr Management and ZeroEnergy Design.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Investment advisory, equity financing, and portfolio management in emerging markets. | zmlp.com | New York, United States | ||
Architects designing energy-efficient custom homes, multifamily buildings, and sustainability consulting. | 2006 | zeroenergy.com | Sawbridgeworth, United Kingdom | |
SD Shirinben Deepakbhai Gadhia | unknown_9dc7d1f35b0942ec8 | |||
PB Pranav Bharat Gadhia | unknown_1b331f633f3e425d9 |
Investor details for Flareum Technologies
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 Flareum Technologies Private Limited (Flareum Technologies)
Flareum Technologies Private Limited is the primary company behind Flareum Technologies. The board of Flareum Technologies Private Limited currently have 2 directors; the longest-serving is Badal Bhupatrai Shah, appointed in 2008. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Badal Bhupatrai Shah DIN 02119442 | Director | 31 Mar 2008 | 18 yrs 6 mo | Flareum Technologies Private Limited |
| Jyostna Bhupatrai Shah DIN 02122369 | Director | 15 Jun 2009 | 17 yrs 4 mo | Flareum Technologies Private Limited |
Timeline of Flareum Technologies
4 dated milestones of Flareum Technologies across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Flareum Technologies is founded.
- Funding First funding round of $243K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Unspecified, of $1.0M.
Competitors of Flareum Technologies
Flareum Technologies has 2 listed competitors in our database, 1 of them funded. They include Goldi Solar and Su-Kam Power Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goldisolar.com | 2011 | Surat, India | $230.96M | 1,583 | Manufacturer of solar PV modules | |
| su-kam.com | 1988 | Gurugram, India | 288 | Solar panels and power storage products are manufactured. |
Detailed competitors of Flareum Technologies
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Flareum Technologies
Flareum Technologies was founded in 1998 and raised its 1st funding round 10 years after it was founded.
Flareum Technologies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Flareum Technologies, established in 1998, excels in working in the energy sector, promoting renewable energy, solar technology, and thermal systems. Develops solar thermal technologies for sustainable energy solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Flareum Technologies's top competitors include Goldi Solar and Su-Kam Power Systems.
Flareum Technologies has 5 investors. Key investors include International Finance Corporation, Zephyr Management, ZeroEnergy Design, Shirinben Deepakbhai Gadhia, and Pranav Bharat Gadhia.
The valuation of Flareum Technologies is $18.97M as of Oct 2011.
Flareum Technologies operates through Flareum Technologies Private Limited.
The legal entities of Flareum Technologies currently have 2 directors, including Jyostna Bhupatrai Shah, Badal Bhupatrai Shah.