Indra

Malvern, United Kingdom Founded: 2011 • Age: 15 yrs Acquired By OVO Energy
Electric vehicle charging solutions are provided for domestic applications.
Annual revenue - Latest available
Total funding $59.8M 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Indra

Indra is a company based in Malvern (United Kingdom) founded in 2011 by Mike Schooling was acquired by OVO Energy in August 2017. Indra has raised $59.76 million across 4 funding rounds from investors including OVO Energy, Gulf Oil International and Clean Growth Fund. Indra offers products and services including Smart Charger and Clever App. Indra operates in a competitive market with competitors including Nuvve, Fermata Energy, Esyasoft, Qovoltis and Rhombus Energy Solutions, among others.

  • Headquarter Malvern, United Kingdom
  • Founders Mike Schooling
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Indra Renewable Technologies Limited
  • Date of Incorporation 21 Oct, 2013
  • Jurisdiction MALVERN, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $59.76 M (USD)

    in 4 rounds

  • Latest Funding Round
    $23.91 M (USD), Series B

    Mar 08, 2023

  • Investors
    OVO Energy

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    OVO Energy

    (Aug 01, 2017)

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Products & Services of Indra

Indra offers a comprehensive portfolio of products and services, including Smart Charger and Clever App.

Product name locked
Category locked
Primary

Device for efficient home EV charging with scheduling and solar integration.

Product name locked
Category locked
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App for managing EV charging schedules and energy usage remotely.

Funding Insights of Indra

Indra has successfully raised a total of $59.76M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $23.91 million completed in March 2023. 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 Indra

Indra has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include OVO Energy, Gulf Oil International and Clean Growth Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage cleantech entrepreneurs are supported with expert capital.
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Gasoline services have been provided by Gulf Oil since 1901.
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Renewable energy is supplied via app-based platform by OVO Energy.
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Investor details for Indra

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Indra

Investments
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Investment portfolio details for Indra

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  • Transaction dates
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Financial Statements - Indra

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Detailed financials for Indra

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  • Profit trends
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Indra Comparisons

Indra Primary company
Description
Electric vehicle charging solutions are provided for domesti...
Location
Malvern, United Kingdom
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Indra

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Competitors of Indra

Indra 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 Nuvve, Fermata Energy, Esyasoft, Qovoltis and Rhombus Energy Solutions, among others.

Company Name Domain Founded year HQ Location Description
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V2G solutions for EV charging and grid services are provided.
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Vehicle-to-grid systems are developed for electric vehicle energy storage.
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AI-powered solutions for energy grid modernization are provided.
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Provider of electric vehicle charging solutions
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Efficient power electronics for renewable energy and storage are developed.
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Detailed competitors of Indra

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Latest news on Indra

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Complete news archive for Indra

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  • Brand-specific news history

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Frequently Asked Questions about Indra

Indra was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Indra is headquartered in Malvern, United Kingdom. It is registered at Malvern, England, United Kingdom.

Indra is a funded company, having raised a total of $59.76M across 4 funding rounds to date.

Indra was founded in 2011 and is based in Malvern, United Kingdom. Operations focus on the electric vehicle sector, where domestic chargers supporting vehicle-to-grid functionality are offered. Key services include solar charging integration, customizable charging options, scheduling capabilities, and real-time monitoring features. The company addresses needs in sustainable energy infrastructure for residential users.

Indra's top competitors include Esyasoft, Fermata Energy and Nuvve.

Indra offers Smart Charger and Clever App.

Indra has 3 investors. Key investors include OVO Energy, Gulf Oil International, and Clean Growth Fund.

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