About JoulePoint
JoulePoint is a company based in Hyderabad (India) founded in 2020 by Deepika Suresh and Divakar Kanakagiri. 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 as of April 08, 2024. JoulePoint offers products and services including Energy Management Platform, OCPP CSMS Solution, EV Chargers, and Smart Meters. JoulePoint operates in a competitive market with competitors including Trimble, ElectricPe, SatSure, Sinergise and Ionage, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 08 Apr, 2024
- Founders Deepika Suresh, Divakar Kanakagiri
- Stage Minicorn
-
Sectors
Transportation, Automotive & LogisticsTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Joulepoint Private Limited
- Date of Incorporation 27 Nov, 2020
- Jurisdiction Khairatabad, Telangana, India
-
Annual Revenue
$127.92 K (USD)34219.61as on Mar 31, 2023
-
Net Profit
$9.97 K (USD)104.97as on Mar 31, 2023
-
EBITDA
$48.63 K (USD)121.68as on Mar 31, 2023
-
Total Equity Funding
$646.57 K (USD)
in 2 rounds
-
Latest Funding Round
$170.05 K (USD), Angel Round
Jun 26, 2022
-
Investors
& 12 more
-
Employee Count
1
as on Apr 08, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $170,051
-
First Round
First Round
(10 Nov 2021)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Angel Round - JoulePoint | Valuation | Krishna Mohan Sana | |
| Nov, 2021 | Amount | Angel Round - JoulePoint | Valuation | Neha Sharma , Arvind Kumar Sharma |
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 |
-
|
Founded Year | Domain | Location |
|
LR
Laxmidhar Rao Kollipara |
-
|
Founded Year | Domain | Location |
|
KR
Krishna Rao Boddupally |
-
|
Founded Year | Domain | Location |
Investments & Acquisitions by JoulePoint
Financial Statements - JoulePoint
Joulepoint Comparisons
Competitors of JoulePoint
JoulePoint 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 Trimble, ElectricPe, SatSure, Sinergise and Ionage, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based positioning solutions are offered for industrial sectors.
|
|
| domain | founded_year | HQ Location |
Multi-brand electric vehicles are sold with charging services provided.
|
|
| domain | founded_year | HQ Location |
Geospatial data analytics are powered by AI for business insights.
|
|
| domain | founded_year | HQ Location |
Provides geospatial systems for cloud GIS, agriculture and real-estate administration
|
|
| domain | founded_year | HQ Location |
Unified EV charging platform is provided for businesses and enterprises.
|
|
| domain | founded_year | HQ Location |
Provider of a field data collection software for spatial and non-spatial data
|
Latest news on Joulepoint
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 10, 2021.
As of Apr 08, 2024, the latest employee count at JoulePoint is 1.
Annual revenue of JoulePoint is $127.92K as on Mar 31, 2023.
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.