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
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Sectors
Financial Services
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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 Indian Energy Exchange Ltd.
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Annual Revenue
$62.86 M (USD)19.62as on Mar 31, 2025
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Net Profit
$50.21 M (USD)22.35as on Mar 31, 2025
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EBITDA
$54.08 M (USD)20.42as on Mar 31, 2025
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Total Equity Funding
$30.02 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Bessemer Venture Partners
& 3 more
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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.
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. 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.
Platform for competitive price discovery in electricity trading.
System for immediate electricity transaction and delivery services.
App for accessing market data and trading functionalities.
Services enabling participation in power exchange activities.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(30 Dec 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - Indian Energy Exchange | Valuation |
investors |
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| Mar, 2016 | Amount | Private Equity Round - Indian Energy Exchange | Valuation | Motilal Oswal |
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| Dec, 2010 | Amount | Series A - Indian Energy Exchange | Valuation | Bessemer Venture Partners , Lightspeed India |
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| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Founded Year | Domain | Location | |
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Motilal Oswal Alternates is engaged in alternative investment management.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Indian Energy Exchange
| 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 - Indian Energy Exchange
| 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 |
Indian Energy Exchange Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commodity trading is facilitated by MCX in India.
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| domain | founded_year | HQ Location |
Core enterprise activities are managed in Ahmedabad, India since 1994.
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| domain | founded_year | HQ Location |
Global provider of trading and broking services for ferrous and non-ferrous metals and minerals
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| domain | founded_year | HQ Location |
Serves as a bullion trader based in Chennai.
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| domain | founded_year | HQ Location |
Deals in gold and silver bullion, jewelry, real estate, and hospitality services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Indian Energy Exchange
Frequently Asked Questions about Indian Energy Exchange
When was Indian Energy Exchange founded?
Indian Energy Exchange was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Indian Energy Exchange located?
Indian Energy Exchange is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Indian Energy Exchange?
Satyanarayan Goel is the current CEO of Indian Energy Exchange.
Is Indian Energy Exchange a funded company?
Indian Energy Exchange is a funded company, having raised a total of $30.02M across 3 funding rounds to date. The company's 1st funding round was a Series A of $15.34M, raised on Dec 30, 2010.
How many employees does Indian Energy Exchange have?
As of Mar 31, 2024, the latest employee count at Indian Energy Exchange is 179.
What is the annual revenue of Indian Energy Exchange?
Annual revenue of Indian Energy Exchange is $62.86M as on Mar 31, 2025.
What does Indian Energy Exchange do?
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.
Who are the top competitors of Indian Energy Exchange?
Indian Energy Exchange's top competitors include MCX, AROMA ENTERPRISES and Janus Corporation.
What products or services does Indian Energy Exchange offer?
Indian Energy Exchange offers Day-Ahead Market, Real Time Market, IEX Mobile Application, and Membership Services.
Is Indian Energy Exchange publicly traded?
Yes, Indian Energy Exchange is publicly traded on NSE under the ticker symbol IEX.
Who are Indian Energy Exchange's investors?
Indian Energy Exchange has 4 investors. Key investors include Bessemer Venture Partners, WestBridge Capital, Lightspeed India, and Motilal Oswal Alternates.
What is Indian Energy Exchange's ticker symbol?
The ticker symbol of Indian Energy Exchange is IEX on NSE.