About JoulePoint
JoulePoint is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2020 by Deepika Suresh and Divakar Kanakagiri. It operates as an EV charging stations are located using user-provided details. It operates in the Transportation, Automotive & Logistics and Technology sectors. JoulePoint has raised $646.57 thousand across 2 funding rounds from investors including Krishna Mohan Sana, Laxmidhar Rao Kollipara and Krishna Rao Boddupally. The company has 1 employees. JoulePoint was last valued at $7.21 million in June 2022. Its Indian entity Joulepoint Private Limited reported revenue of ₹6.06 Cr. JoulePoint offers products and services including Energy Management Platform, OCPP CSMS Solution, EV Chargers, and Smart Meters. Its focus areas include Energy Tech, Electric Vehicles, Charging Solutions and Charging Point Locator. Its competitors include Trimble, ElectricPe, SatSure, Sinergise and Ionage and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
JoulePoint was founded in 2020 in Hyderabad, India, as a service in the electric vehicle sector. Charging stations for EVs are identified through an application where location, user information, payment methods, and vehicle specifications are entered. Operations focus on facilitating access to charging infrastructure across regions, with core functionalities centered on search and matching based on provided criteria. The platform is managed by co-founders handling development and operations.
- Headquarters Hyderabad, India
- Employees 1
- Founders Deepika Suresh, Divakar Kanakagiri
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsTechnology
- Website joulepoint.com
- Social LinkedIn X Facebook
- Legal Name Joulepoint Private Limited
- Date of Incorporation 27 Nov, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹6.06 Cr
FY 2024 · +470% YoY
- Net Profit₹12.8 Lakh
FY 2024 · 2% margin
- EBITDA₹62.9 Lakh
FY 2024 · 10% margin
- Total Equity Funding$646.57K (USD)
in 2 rounds
- Latest Funding Round$170.05K (USD), Angel Round
Jun 2022
- Employee Count1
Associated legal entities of JoulePoint
JoulePoint operates through Joulepoint Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Joulepoint Private Limited CIN U74999TG2020PTC146334 | Active | 27 Nov 2020 | Hyderabad, Telangana | ₹6.1 Cr | – | 2 | View details |
Products & Services of JoulePoint
JoulePoint offers a comprehensive portfolio of products and services, including Energy Management Platform, OCPP CSMS Solution, EV Chargers, and Smart Meters.
AI-driven platform for cost reduction and energy efficiency in businesses.
System for managing EV charging networks with high uptime and scalability.
Devices for electric vehicle charging to support sustainable mobility solutions.
Tools for monitoring energy usage and optimizing consumption in various settings.
Funding Insights of JoulePoint
JoulePoint has successfully raised a total of $646.57K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $170.05 thousand completed in June 2022. 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 $646,566
- Total Rounds 2
- Last Round Angel Round — $170,051
- First Round $476,515
(Nov 2021)
- Investors Count 13
All 2 funding rounds of JoulePoint 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 |
|---|---|---|---|---|---|
| Jun 2022 | $170,051 | Angel Round | $7.21M | Krishna Mohan Sana | |
| Nov 2021 | $476,515 | Angel Round | $7.21M | Neha Sharma, Arvind Kumar Sharma |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $7.21M | •••••••• |
| Nov 2021 | $7.21M | •••••••• |
Last known valuation $7.21M (Jun 2022). 13 investors in total: 0 institutional and 13 angel.
Investors in JoulePoint
JoulePoint has secured backing from 13 investors, including angel investors. Prominent investors backing the company include Krishna Mohan Sana, Laxmidhar Rao Kollipara and Krishna Rao Boddupally.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KM Krishna Mohan Sana | - | – | unknown_8ae9f76ac52b49248 | - |
LR Laxmidhar Rao Kollipara | - | – | unknown_c4afe33fbd2e42219 | - |
KR Krishna Rao Boddupally | - | – | unknown_a7c715c04388437da | - |
AK Arvind Kumar Sharma | - | – | unknown_da80173f72df4e11b | - |
HK Harmeet Kaur | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | – | unknown_ea62e2d1714044169 | - |
RK Rajesh Kanakagiri | - | – | unknown_b72bb103039743aea | - |
AK Arvind Kumar Sharma | - | – | unknown_5a7f2a6217774438b | - |
NS Neha Sharma | - | – | unknown_9b4fda76dde7431f8 | - |
KA Kurni Annapurna | - | – | unknown_f9fefe39e9324804b | - |
JS Jupudi Sai Sudha | - | – | unknown_5463b460b5634ac5a | - |
Investor details for JoulePoint
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 Joulepoint Private Limited (JoulePoint)
Joulepoint Private Limited is the primary company behind JoulePoint. The board of Joulepoint Private Limited currently have 2 directors; the longest-serving is Divakar Kanakagiri, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Divakar Kanakagiri DIN 08975205 | Director | 27 Nov 2020 | 5 yrs 10 mo | Joulepoint Private Limited |
| Deepika Suresh DIN 08975206 | Director | 27 Nov 2020 | 5 yrs 10 mo | Joulepoint Private Limited |
People of JoulePoint
2 people are tracked at JoulePoint (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Head of Operations | Leadership |
Complete people profiles for JoulePoint
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 JoulePoint
Figures of Joulepoint Private Limited, the primary company behind JoulePoint, for FY 2024. Revenue was ₹6.06 Cr (+470% year on year). Net profit was ₹12.8 Lakh (2% margin). EBITDA was ₹62.9 Lakh (10% margin). Revenue has grown at a compounded annual rate of +701% over three years.
- ₹6.06 CrRevenue · FY 2024 · +470% YoY
- ₹12.8 LakhNet profit · 2% margin
- ₹62.9 LakhEBITDA · 10% margin
- ₹91.4 LakhPaid-up capital
- +701%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Joulepoint Private Limited are on its company page.
Detailed financial statements for JoulePoint
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 JoulePoint
4 dated milestones of JoulePoint across 2 years, from founding to its latest funding, stage changes and deals.
- Founded JoulePoint is founded.
- Funding First funding round of $477K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $170K.
Competitors of JoulePoint
JoulePoint has 9 listed competitors in our database, 6 of them funded. They include Trimble, ElectricPe, SatSure, Sinergise and Ionage, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trimble.com | 1978 | Sunnyvale, United States | – | 12,700 | Cloud-based positioning solutions are offered for industrial sectors. | |
| electricpe.com | 2021 | Bengaluru, India | $11.42M | 137 | Multi-brand electric vehicles are sold with charging services provided. | |
| satsure.co | 2017 | Bengaluru, India | $27.65M | 141 | Geospatial data analytics are powered by AI for business insights. | |
| sinergise.com | 2008 | Ljubljana, Slovenia | – | – | Provides geospatial systems for cloud GIS, agriculture and real-estate administration | |
| ionage.in | 2021 | Bengaluru, India | $971,173 | 27 | Unified EV charging platform is provided for businesses and enterprises. | |
| transerve.com | 2009 | Panaji, India | $1.7M | 16 | Provider of a field data collection software for spatial and non-spatial data | |
| syook.com | 2016 | Bengaluru, India | $2.21M | – | AI-powered location tracking systems are provided for asset visibility. | |
| intents.mobi | 2019 | Gurugram, India | $1.83M | – | Platform provides verified location data through APIs for geospatial insights | |
| vassarlabs.com | 2014 | Hyderabad, India | – | 134 | Provides platforms for water management, agriculture, and disaster monitoring. |
Detailed competitors of JoulePoint
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as JoulePoint (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 JoulePoint
JoulePoint was founded in 2020 and raised its 1st funding round 1 year after it was founded.
JoulePoint is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
JoulePoint is a funded company, having raised a total of $646.57K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $476.52K, raised on Nov 2021.
JoulePoint has 1 employees.
The primary company behind JoulePoint, Joulepoint Private Limited, reported revenue of ₹6.06 Cr for FY 2024, up 470% year on year.
JoulePoint was founded in 2020 in Hyderabad, India, as a service in the electric vehicle sector. Charging stations for EVs are identified through an application where location, user information, payment methods, and vehicle specifications are entered. Operations focus on facilitating access to charging infrastructure across regions, with core functionalities centered on search and matching based on provided criteria. The platform is managed by co-founders handling development and operations.
JoulePoint's top competitors include Trimble, ElectricPe and SatSure.
JoulePoint offers Energy Management Platform, OCPP CSMS Solution, EV Chargers, and Smart Meters.
JoulePoint has 13 investors. Key investors include Krishna Mohan Sana, Laxmidhar Rao Kollipara, Krishna Rao Boddupally, Arvind Kumar Sharma, and Harmeet Kaur.
The valuation of JoulePoint is $7.21M as of Jun 2022.
JoulePoint operates through Joulepoint Private Limited.
The legal entities of JoulePoint currently have 2 directors, including Divakar Kanakagiri, Deepika Suresh.