About Inventive
Inventive is an Energy & Utilities company based in Noida (India) founded in 2006 by Yogesh Garg and Devesh Garg. It operates as a revenue billing and meter reading for utilities are provided. It operates on a Managed Services and Professional Services model. The company has 3,152 employees. Its Indian entity Inventive Software Solutions Private Limited reported revenue of ₹104 Cr. Inventive offers products and services including Revenue Billing Services, Meter Data Analysis, Energy Audit & Accounting, Managed Services, and IT Consultancy & Project Management. Its focus areas include Technology, Software and Utility Solutions.
Company details
Inventive Software Solutions Pvt. Ltd. is focused on delivering technology-driven solutions for public utilities. Services are offered in areas such as revenue billing, meter data analysis, energy audits, and managed field operations. Integrated software and IoT-based systems are developed to enhance efficiency for utilities, consumers, and monitoring teams. The company operates primarily in the utility sector across government and private clients in India, aiming to reduce losses and improve consumer satisfaction through tailored solutions.
- Headquarters Noida, India
- Employees 3,152
- Founders Yogesh Garg, Devesh Garg
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website insolutions.in
- Social LinkedIn
- Legal Name Inventive Software Solutions Pvt. Ltd.
- Date of Incorporation 07 Nov, 2006
- Jurisdiction Agra, Uttar Pradesh, India
- Annual Revenue₹104 Cr
FY 2024 · +22% YoY
- Net Profit₹6.13 Cr
FY 2024 · 6% margin
- EBITDA₹10.36 Cr
FY 2024 · 10% margin
- Latest Funding Round$939.43K (USD), Grant
Sep 2007
- Investors
- Employee Count3,152
Associated legal entities of Inventive
Inventive is associated with 2 registered companies on The Company Check; the primary company is Inventive Software Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Inventive Software Solutions Private Limited CIN U35109UP2006PTC032504 | Active | 07 Nov 2006 | Agra, Uttar Pradesh | ₹104 Cr | 3,152 | 4 | View details |
| Inventive Software Solutions Pvt. Ltd. CIN U72900UP2006PTC032504 | – | 07 Nov 2006 | Agra, Uttar Pradesh, India | – | – | – | View details |
Products & Services of Inventive
Inventive offers a comprehensive portfolio of products and services, including Revenue Billing Services, Meter Data Analysis, Energy Audit & Accounting, Managed Services, and IT Consultancy & Project Management.
Automated billing solutions are provided for utility companies.
Consumption patterns are analyzed to detect revenue pilferage.
Energy losses are identified through infrastructure mapping analysis.
Field operations are managed for public utility services.
Integrated IT solutions are developed for utility sectors.
Funding Insights of Inventive
- Total Rounds 1
- Last Round Grant — $939,429
- First Round $939,429
(Sep 2007)
- Investors Count 1
All 1 funding rounds of Inventive 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 |
|---|---|---|---|---|---|
| Sep 2007 | $939,429 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Inventive
Inventive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Public health and human services are overseen by HHS. | 1953 | hhs.gov | - |
Investor details for Inventive
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 Inventive Software Solutions Private Limited (Inventive)
Inventive Software Solutions Private Limited is the primary company behind Inventive. The board of Inventive Software Solutions Private Limited currently have 4 directors; the longest-serving is Devesh Garg, appointed in 2006. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devesh Garg DIN 00826584 | Director | 07 Nov 2006 | 19 yrs 11 mo | Inventive Software Solutions Private Limited |
| Disha Garg DIN 00680086 | Director | 15 May 2024 | 2 yrs 5 mo | Inventive Software Solutions Private Limited |
| Sambhav Garg DIN 09598498 | Director | 15 May 2024 | 2 yrs 5 mo | Inventive Software Solutions Private Limited |
| Gaurav Garg DIN 07486596 | Director | 15 May 2024 | 2 yrs 5 mo | Inventive Software Solutions Private Limited |
People of Inventive
7 people are tracked at Inventive (2 in leadership, 5 in team); the tracked headcount is 3,152.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & Managing Director | Leadership | |
Kavita Sardana | Assistant Manager Human Resources | Team |
Hasil Sharma | Business Analyst | Team |
Arvind Kumar | Data Analyst | Team |
Ankush Mishra | Software Developer | Team |
Jitender Verma | Human Resources Manager | Team |
Complete people profiles for Inventive
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Inventive
Figures of Inventive Software Solutions Private Limited, the primary company behind Inventive, for FY 2024. Revenue was ₹104 Cr (+22% year on year). Net profit was ₹6.13 Cr (6% margin). EBITDA was ₹10.36 Cr (10% margin). Revenue has grown at a compounded annual rate of +19% over three years and +19% over five years.
- ₹104 CrRevenue · FY 2024 · +22% YoY
- ₹6.13 CrNet profit · 6% margin
- ₹10.36 CrEBITDA · 10% margin
- ₹2.00 CrPaid-up capital
- 3,152Employees (provident fund records)
- +19%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Inventive Software Solutions Private Limited are on its company page.
Detailed financial statements for Inventive
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Inventive
2 dated milestones of Inventive across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Inventive is founded.
- Funding First funding round of $939K.
Web traffic of Inventive
The website of Inventive (insolutions.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 0.9% vs previous month
Websites whose visitors overlap most with Inventive. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
glasspolishindia.com | glasspolishindia.com | 100% | – | – | – |
| quashbugs.com | 80% | 31.7K | #1,065,796 | View details | |
| isoregistrar.org | 79% | – | #3,861,030 | View details |
Top companies in Energy Efficiency Solutions
10 companies that operate in the same segment as Inventive (Energy Efficiency Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 257.69 M | USD 1.25 B | 3,191 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
IoT and SaaS solutions for building energy management are provided. | 2011 | Munchen, Bayern, Germany | USD 245.02 M | USD 715.19 K | 201 | |
Provider of smart energy management solutions | 2013 | Sunnyvale, California, United States | USD 534.75 M | – | 204 | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 |
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Frequently Asked Questions about Inventive
Inventive was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Inventive is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Inventive has 3,152 employees.
The primary company behind Inventive, Inventive Software Solutions Private Limited, reported revenue of ₹104 Cr for FY 2024, up 22% year on year.
Inventive Software Solutions Pvt. Ltd. is focused on delivering technology-driven solutions for public utilities. Services are offered in areas such as revenue billing, meter data analysis, energy audits, and managed field operations. Integrated software and IoT-based systems are developed to enhance efficiency for utilities, consumers, and monitoring teams. The company operates primarily in the utility sector across government and private clients in India, aiming to reduce losses and improve consumer satisfaction through tailored solutions.
Inventive offers Revenue Billing Services, Meter Data Analysis, Energy Audit & Accounting, Managed Services, and IT Consultancy & Project Management.
Inventive has 1 investor. Key investors include HHS.
Inventive operates through Inventive Software Solutions Private Limited.
The legal entities of Inventive currently have 4 directors, including Disha Garg, Sambhav Garg, Gaurav Garg and others.