About IX Energy
IX Energy is a company based in Noida (India) founded in 2017 by Anshu Dewan. IX Energy has raised $460.27 thousand across 1 funding round from investors including Catch Foods. IX Energy operates in a competitive market with competitors including ULEMCo, pepper motion, ZEVx, Boson Motors and Tembo, among others.
- Headquarter Noida, India
- Founders Anshu Dewan
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Ix Energy Private Limited
- Date of Incorporation 22 Nov, 2017
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$19.6 K (USD)267.72as on Mar 31, 2022
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Net Profit
-$13.75 K (USD)51.11as on Mar 31, 2022
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EBITDA
-$13.02 K (USD)49.25as on Mar 31, 2022
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Total Equity Funding
$460.27 K (USD)
in 1 rounds
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Latest Funding Round
$460.27 K (USD), Seed
Mar 06, 2018
- Investors
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Employee Count
Not available
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Funding Insights of IX Energy
IX Energy has successfully raised a total of $460.27K through 1 strategic funding round. The most recent funding activity was a Seed round of $460.27 thousand completed in March 2018. 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 IX Energy
IX Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Catch Foods.
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Provides high-quality spices, blends, and pastes for everyday Indian culinary needs.
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Investor details for IX Energy
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Investments & Acquisitions by IX Energy
Investment portfolio details for IX Energy
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Financial Statements - IX Energy
Detailed financials for IX Energy
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Ix Energy Comparisons
Peer comparison for IX Energy
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Competitors of IX Energy
IX Energy 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 ULEMCo, pepper motion, ZEVx, Boson Motors and Tembo, among others.
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Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
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Electric conversion kits for commercial vehicles are provided.
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Fleet electrification solutions for mid-duty vehicles are provided.
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Smart electric commercial vehicles are manufactured by Boson Motors.
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Tembo is recognized as a leader in electric utility vehicles.
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Manufacturer of electric trucks
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Detailed competitors of IX Energy
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Latest news on Ix Energy
Complete news archive for IX Energy
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Frequently Asked Questions about IX Energy
IX Energy was founded in 2017 and raised its 1st funding round 1 year after it was founded.
IX Energy is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Anshu Dewan is the current CEO of IX Energy. They have also founded this company.
IX Energy is a funded company, having raised a total of $460.27K across 1 funding round to date.
Annual revenue of IX Energy is $19.6K as on Mar 31, 2022.
IX Energy was founded in 2017 in Noida, India, within the electric vehicle sector. Kits for converting gasoline-powered commercial fleets to electric operations are developed, focusing on feasibility and affordability for fleet owners. Products such as the Electric Synergy Drive (ESD) and Electric Energy Drive (EED) are offered to support this transition. Operations center on hardware solutions tailored for fleet electrification in the Indian market.
IX Energy's top competitors include ULEMCo, Tembo and Boson Motors.
IX Energy has 1 investor. Key investors include Catch Foods.
The valuation of IX Energy is $4.29M as of Mar 2018.