Ionage

Bengaluru, India Founded: 2021 • Age: 5 yrs
Unified EV charging platform is provided for businesses and enterprises.
Annual revenue - Latest available
Total funding $971,173 3 rounds
Employees 1 Tracked headcount
Investors 17 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Ionage

Ionage is a company based in Bengaluru (India) founded in 2021 by Vimal Kumar V, Varun Chandran, and Vijith Kumar V. Ionage has raised $971.17 thousand across 3 funding rounds from investors including Nextwave Communications, Nikhil Raj and Turvinder Dhillon. The company has 1 employees as of April 05, 2024. Ionage offers products and services including IONAGE Platform, Fleet Management, and Home Charging Solutions. Ionage operates in a competitive market with competitors including ElectricPe, GOEC, TelioEV, EVQ Point and Valerio, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 05 Apr, 2024
  • Founders Vimal Kumar V, Varun Chandran, Vijith Kumar V
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Technology Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Ionage Technologies Private Limited
  • Date of Incorporation 01 Sep, 2021
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Technology → Geospatial, Imaging & Sensing Technology Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$841.65 (USD)
    -75
    as on Mar 31, 2023
  • EBITDA
    Not available
  • Total Equity Funding
    $971.17 K (USD)

    in 3 rounds

  • Latest Funding Round
    $595.4 K (USD), Seed

    Sep 11, 2024

  • Investors
  • Employee Count
    1

    as on Apr 05, 2024

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Products & Services of Ionage

Ionage offers a comprehensive portfolio of products and services, including IONAGE Platform, Fleet Management, and Home Charging Solutions.

Product name locked
Category locked
Primary

Unified solution for managing EV charging networks and integrations

Product name locked
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Enhances charger utilization for fleet operations and revenue

Product name locked
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Optimizes home chargers for remote management and scheduling

People of Ionage

Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Sri
Chief People Officer
People
Vimal Kumar V
Chief Executive Officer

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Funding Insights of Ionage

Ionage has successfully raised a total of $971.17K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $595.4 thousand completed in September 2024. 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 Ionage

Ionage has secured backing from 17 investors, including venture fund and angel investors. Prominent investors backing the company include Nextwave Communications, Nikhil Raj and Turvinder Dhillon.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
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Nikhil Raj

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Turvinder Dhillon

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Investor details for Ionage

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Investments & Acquisitions by Ionage

Investments
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Investment portfolio details for Ionage

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  • Transaction dates
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Financial Statements - Ionage

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Detailed financials for Ionage

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  • Profit trends
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Ionage Comparisons

Ionage Primary company
Description
Unified EV charging platform is provided for businesses and ...
Location
Bengaluru, India
Founded Year
2021
Annual Revenue
Not available
Net Profit
-$841.65 (USD)
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Ionage

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Competitors of Ionage

Ionage 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 ElectricPe, GOEC, TelioEV, EVQ Point and Valerio, among others.

Company Name Domain Founded year HQ Location Description
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Multi-brand electric vehicles are sold with charging services provided.
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Offers EV charging stations, app, and services for electric vehicles in India.
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Develops software and apps for EV charging management and operations.
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Manufacturer of AC and DC fast charging stations for electric vehicles
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Online platform offering electric-vehicle charge point-locater services
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Detailed competitors of Ionage

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Latest news on Ionage

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Complete news archive for Ionage

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Ionage

Ionage was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Ionage is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vimal Kumar V is the current CEO of Ionage. They have also founded this company.

Ionage is a funded company, having raised a total of $971.17K across 3 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Ionage is 1.

Ionage was founded in 2021 in Bengaluru, India, as a provider of a unified EV charging platform. Integration with global EV manufacturer dashboards and lifestyle apps is enabled, along with SDKs for mobile applications. Auto-charging functionality, fleet management solutions, and home charging with remote management are offered. Charger network utilization is optimized, and customer charging experiences are enhanced across operations.

Ionage's top competitors include ElectricPe, TelioEV and Valerio.

Ionage offers IONAGE Platform, Fleet Management, and Home Charging Solutions.

Ionage has 17 investors. Key investors include Nextwave Communications, Nikhil Raj, Turvinder Dhillon, Kiran RK, and Amiya Krishna.

The valuation of Ionage is $2.98M as of Sep 2024.

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