Indian Energy Exchange

Delhi, India Founded: 2007 • Age: 19 yrs
Power trading services are facilitated via an automated platform.
Annual revenue $62.9M Latest available
Total funding $30.0M 3 rounds
Employees 179 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Indian Energy Exchange

Indian Energy Exchange is a company based in Delhi (India) founded in 2007. Indian Energy Exchange has raised $30.02 million across 3 funding rounds from investors including Bessemer Venture Partners, WestBridge Capital and Lightspeed India. The company has 179 employees as of March 31, 2024. Indian Energy Exchange offers products and services including Day-Ahead Market, Real Time Market, IEX Mobile Application, and Membership Services. Indian Energy Exchange operates in a competitive market with competitors including MCX, AROMA ENTERPRISES, Janus Corporation, Shiv Sahai and CapsGold, among others.

  • Headquarter Delhi, India
  • Employees 179 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Indian Energy Exchange Ltd.
Operational Areas
Financial Services → Capital Markets & Trading Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $62.86 M (USD)
    19.62
    as on Mar 31, 2025
  • Net Profit
    $50.21 M (USD)
    22.35
    as on Mar 31, 2025
  • EBITDA
    $54.08 M (USD)
    20.42
    as on Mar 31, 2025
  • Total Equity Funding
    $30.02 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    179

    as on Mar 31, 2024

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IPO & Listings of Indian Energy Exchange

Indian Energy Exchange is a publicly listed company on the NSE with ticker symbol IEX in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: IEX · Sector: Finance · India

Products & Services of Indian Energy Exchange

Indian Energy Exchange offers a comprehensive portfolio of products and services, including Day-Ahead Market, Real Time Market, IEX Mobile Application, and Membership Services.

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Primary

Platform for competitive price discovery in electricity trading.

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System for immediate electricity transaction and delivery services.

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App for accessing market data and trading functionalities.

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Services enabling participation in power exchange activities.

People of Indian Energy Exchange

Headcount 50-200
Employee Profiles 46
Employee Profiles
People
Rohit Bajaj
Executive Director, Business Development,Strategy & Regulatory Affairs
People
Amit Kumar
Head, Market Operations & New Product Initiatives
People
Nishaant S Prasad
Deputy Manager
People
Sunil Chauhan
Senior Test Manager

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Funding Insights of Indian Energy Exchange

Indian Energy Exchange has successfully raised a total of $30.02M across 3 strategic funding rounds. 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 Indian Energy Exchange

Indian Energy Exchange has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, WestBridge Capital and Lightspeed India.

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Venture Fund
Investor Description Founded Year Domain Location
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Motilal Oswal Alternates is engaged in alternative investment management.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Investor details for Indian Energy Exchange

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Investments & Acquisitions by Indian Energy Exchange

Investments
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Investment portfolio details for Indian Energy Exchange

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Financial Statements - Indian Energy Exchange

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Detailed financials for Indian Energy Exchange

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Indian Energy Exchange Comparisons

Indian Energy Exchange Primary company
Description
Power trading services are facilitated via an automated plat...
Location
Delhi, India
Founded Year
2007
Annual Revenue
$62.86 M (USD)
Net Profit
$50.21 M (USD)
EBITDA
$54.08 M (USD)
Employees
179
As of 2024
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Peer comparison for Indian Energy Exchange

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Competitors of Indian Energy Exchange

Indian Energy Exchange 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 MCX, AROMA ENTERPRISES, Janus Corporation, Shiv Sahai and CapsGold, among others.

Company Name Domain Founded year HQ Location Description
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Commodity trading is facilitated by MCX in India.
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Core enterprise activities are managed in Ahmedabad, India since 1994.
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Global provider of trading and broking services for ferrous and non-ferrous metals and minerals
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Serves as a bullion trader based in Chennai.
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Deals in gold and silver bullion, jewelry, real estate, and hospitality services.
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Detailed competitors of Indian Energy Exchange

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Latest news on Indian Energy Exchange

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Complete news archive for Indian Energy Exchange

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Frequently Asked Questions about Indian Energy Exchange

Indian Energy Exchange was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Indian Energy Exchange is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Satyanarayan Goel is the current CEO of Indian Energy Exchange.

Indian Energy Exchange is a funded company, having raised a total of $30.02M across 3 funding rounds to date.

As of Mar 31, 2024, the latest employee count at Indian Energy Exchange is 179.

Annual revenue of Indian Energy Exchange is $62.86M as on Mar 31, 2025.

The Indian Energy Exchange was established in 2007 in Delhi, India, within the energy sector. A de-mutualized and automated platform is operated for the physical delivery of electricity, enabling price discovery and risk management for market participants. Open access is granted to consumers for managing power portfolios on the exchange.

Indian Energy Exchange's top competitors include MCX, AROMA ENTERPRISES and Janus Corporation.

Indian Energy Exchange offers Day-Ahead Market, Real Time Market, IEX Mobile Application, and Membership Services.

Yes, Indian Energy Exchange is publicly traded on NSE under the ticker symbol IEX.

Indian Energy Exchange has 4 investors. Key investors include Bessemer Venture Partners, WestBridge Capital, Lightspeed India, and Motilal Oswal Alternates.

The ticker symbol of Indian Energy Exchange is IEX on NSE.

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