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 $2.27 million across 4 funding rounds from investors including Nextwave Communications, Nikhil Raj and Turvinder Dhillon. The company has 1 employees. 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
- Founders Vimal Kumar V, Varun Chandran, Vijith Kumar V
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsTechnology Energy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ionage.in
- Social LinkedIn X Facebook Instagram
- Legal Name Ionage Technologies Private Limited
- Date of Incorporation 01 Sep, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹29.5 Lakh
FY 2025 · +263% YoY
- Net Loss-₹4.88 Cr
FY 2025 · -1653% margin
- EBITDA-₹4.48 Cr
FY 2025 · -1520% margin
- Total Equity Funding$2.27M (USD)
in 4 rounds
- Latest Funding Round$1.3M (USD), Seed
Oct 2026
- Employee Count1
Associated legal entities of Ionage
Ionage operates through Ionage Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ionage Technologies Private Limited CIN U72900KA2021PTC151269 | Active | 01 Sep 2021 | Bangalore, Karnataka | ₹0.3 Cr | 25 | 3 | View details |
Products & Services of Ionage
Ionage offers a comprehensive portfolio of products and services, including IONAGE Platform, Fleet Management, and Home Charging Solutions.
Unified solution for managing EV charging networks and integrations
Enhances charger utilization for fleet operations and revenue
Optimizes home chargers for remote management and scheduling
Apps and channels of Ionage
Ionage publishes 1 mobile app with over 10K+ downloads.
Funding Insights of Ionage
Ionage has successfully raised a total of $2.27M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.3 million completed in October 2026. 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 $2.27M
- Total Rounds 4
- Last Round Seed — $1.3M
- First Round $123,230
(Nov 2022)
- Investors Count 17
All 4 funding rounds of Ionage 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 |
|---|---|---|---|---|---|
| Oct 2026 | $1.3M | Seed | – | – | – |
| Sep 2024 | $595,395 | Seed | $2.98M | Nextwave Communications | – |
| Nov 2023 | $252,548 | Angel Round | $3.61M | Nikhil Raj | |
| Nov 2022 | $123,230 | Angel Round | $••••• | Anu Jain |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2024 | $2.98M | •••••••• |
| Nov 2023 | $3.61M | •••••••• |
| Nov 2022 | $••••• | •••••••• |
Full valuation and stage history of Ionage
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $2.98M (Sep 2024). 17 investors in total: 1 institutional and 16 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | – | nextwavecommunications.tcc.mode | Delhi, India | |
NR Nikhil Raj | - | – | unknown_348bc921314c4dfd9 | - |
TD Turvinder Dhillon | - | – | unknown_0c619da14d5947188 | - |
KR Kiran RK | - | – | unknown_f8ca493119bf4b27b | - |
AK Amiya Krishna | - | – | unknown_c64bb2ef2f0542e6a | - |
MP Mridul Pillai | - | – | unknown_eb4c01b1029c443ea | - |
SA Srikrishnan A | Angel investor and tech leader, ex-Amazon, active in Indian startup ecosystem | – | unknown_58df4860a0354f1da | - |
SB Sonia Babu | - | – | unknown_61dcaf094fd54a51b | - |
AB Anuj Bhel | - | – | unknown_6463727489ae4e45a | - |
PG Parikshit Gopal | - | – | unknown_3718b655c0da460db | - |
Investor details for Ionage
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Ionage Technologies Private Limited (Ionage)
Ionage Technologies Private Limited is the primary company behind Ionage. The board of Ionage Technologies Private Limited currently have 3 directors; the longest-serving is Varun Chandran, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Chandran DIN 09301797 | Director | 01 Sep 2021 | 5 yrs 1 mo | Ionage Technologies Private Limited |
| Vimal Vijayakumarn Nair Kumar DIN 07973858 | Director | 01 Sep 2021 | 5 yrs 1 mo | Ionage Technologies Private Limited |
| Vijith Kumar Vijayakumaran Nair DIN 07973860 | Director | 01 Sep 2021 | 5 yrs 1 mo | Ionage Technologies Private Limited |
People of Ionage
5 people are tracked at Ionage (4 in leadership, 1 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Vimal Kumar V | Co-Founder & CEO | Leadership |
| Co-Founder & COO | Leadership | |
Vijith Kumar V | Co-Founder & CTO | Leadership |
Sri | Chief People Officer | Leadership |
Jnanavi Bhat | Human Resources Associate | Team |
Complete people profiles for Ionage
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Ionage
Figures of Ionage Technologies Private Limited, the primary company behind Ionage, for FY 2025. Revenue was ₹29.5 Lakh (+263% year on year). Net loss was -₹4.88 Cr (-1653% margin). EBITDA was -₹4.48 Cr (-1520% margin).
- ₹29.5 LakhRevenue · FY 2025 · +263% YoY
- -₹4.88 CrNet loss · -1653% margin
- -₹4.48 CrEBITDA · -1520% margin
- ₹1.4 LakhPaid-up capital
- 25Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Ionage Technologies Private Limited are on its company page.
Detailed financial statements for Ionage
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Ionage
4 dated milestones of Ionage across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ionage is founded.
- Funding First funding round of $123K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.3M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| electricpe.com | 2021 | Bengaluru, India | $11.42M | 137 | Multi-brand electric vehicles are sold with charging services provided. | |
| goecworld.com | 2011 | Kochi, India | – | 21 | Offers EV charging stations, app, and services for electric vehicles in India. | |
| telioev.com | 2021 | Bengaluru, India | – | 136 | Develops software and apps for EV charging management and operations. | |
| evqpoint.com | 2019 | Bengaluru, India | $728,621 | 27 | Manufacturer of AC and DC fast charging stations for electric vehicles | |
| valerioelectric.com | 2020 | Pilani, India | $25,000 | – | Online platform offering electric-vehicle charge point-locater services | |
| evnnovator.in | 2022 | Bengaluru, India | $123,813 | – | Operator of electric vehicle charging station network | |
| joulepoint.com | 2020 | Hyderabad, India | $646,566 | – | EV charging stations are located using user-provided details. |
Detailed competitors of Ionage
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Ionage
The website of Ionage (ionage.in) receives about 12.8K visits a month.
- Monthly visits12.8K
▲ 400.6% vs previous month
Latest news on Ionage
Complete news archive for Ionage
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Similar companies to Ionage
10 companies that operate in the same segment as Ionage (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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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 $2.27M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $123.23K, raised on Nov 2022.
Ionage has 1 employees.
The primary company behind Ionage, Ionage Technologies Private Limited, reported revenue of ₹29.5 Lakh for FY 2025, up 263% year on year.
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.
Ionage operates through Ionage Technologies Private Limited.