About Hygrid Solar
Hygrid Solar is a company based in Delhi (India) founded in 2014. It operates as a B2B. The company has 6 employees as of March 31, 2023. Hygrid Solar offers products and services including Solar Panels, Solar Inverters, Balance of System, and Solar Kits. Hygrid Solar operates in a competitive market with competitors including Boond, Greenway Appliances, Lokozo, Pegasus Semiconductor and Sonalika Green Energy India, among others.
- Headquarter Delhi, India
- Employees 6 as on 31 Mar, 2023
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Hygrid Solar Private Limited
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$7.49 M (USD)5.82as on Mar 31, 2023
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Net Profit
$20.72 K (USD)11.12as on Mar 31, 2023
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EBITDA
$-5.13 K (USD)69.86as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
6
as on Mar 31, 2023
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Products & Services of Hygrid Solar
Hygrid Solar offers a comprehensive portfolio of products and services, including Solar Panels, Solar Inverters, Balance of System, and Solar Kits. 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.
Devices for generating solar energy from sunlight.
Convert solar power to usable electricity for homes and businesses.
Includes cables and arrestors for complete solar installations.
Packages for off-grid solar energy systems and applications.
Funding Insights of Hygrid Solar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Hygrid Solar
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hygrid Solar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hygrid Solar Comparisons
Competitors of Hygrid Solar
Hygrid Solar 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 Boond, Greenway Appliances, Lokozo, Pegasus Semiconductor and Sonalika Green Energy India, 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 |
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| domain | founded_year | HQ Location |
Solar products are supplied to rural poor in Indian villages.
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| domain | founded_year | HQ Location |
Eco-friendly smart stoves are developed for rural consumers worldwide.
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| domain | founded_year | HQ Location |
LED lighting, solar products, and waste management systems are manufactured.
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| domain | founded_year | HQ Location |
Energy-efficient LED and solar lighting solutions are developed.
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| domain | founded_year | HQ Location |
Produces high-quality solar lighting solutions and water pumps.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hygrid Solar
When was Hygrid Solar founded?
Hygrid Solar was founded in 2014.
Where is Hygrid Solar located?
Hygrid Solar is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
How many employees does Hygrid Solar have?
As of Mar 31, 2023, the latest employee count at Hygrid Solar is 6.
What is the annual revenue of Hygrid Solar?
Annual revenue of Hygrid Solar is $7.49M as on Mar 31, 2023.
What does Hygrid Solar do?
Hygrid Solar is a turnkey provider in the solar photovoltaic sector, offering distribution of modules, inverters, and balance of system components. They serve as authorized channel partners for brands like Vikram Solar and provide installation services for rooftop plants, water pumping systems, and street lights. Based in Delhi, India, they manage warehouses for quick deliveries and support clients through in-house logistics and after-sales services. Their operations focus on partnerships with manufacturers for efficient supply in North India.
Who are the top competitors of Hygrid Solar?
Hygrid Solar's top competitors include Boond, Greenway Appliances and Lokozo.
What products or services does Hygrid Solar offer?
Hygrid Solar offers Solar Panels, Solar Inverters, Balance of System, and Solar Kits.
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