About JoulesToWatts
JoulesToWatts is a company based in Bengaluru (India) founded in 2015 by Priti Sawant.. JoulesToWatts has raised $443.06 thousand across 1 funding round from investors including Manipal Global and Saha Fund. The company has 2,940 employees as of August 27, 2024. JoulesToWatts operates in a competitive market with competitors including Randstad, ADP, Alera Group, Aon and UKG, among others.
- Headquarter Bengaluru, India
- Employees 2940 as on 27 Aug, 2024
- Founders Priti Sawant
- Stage Minicorn
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Sectors
Business Services
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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 Joulestowatts Business Solutions Private Limited
- Date of Incorporation 11 Oct, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$28.83 M (USD)55.78as on Mar 31, 2022
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Net Profit
$2.4 M (USD)456.45as on Mar 31, 2022
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EBITDA
$3.75 M (USD)236.36as on Mar 31, 2022
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Total Equity Funding
$443.06 K (USD)
in 1 rounds
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Latest Funding Round
$443.06 K (USD), Seed
Dec 31, 2015
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Investors
Manipal Global
& 1 more
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Employee Count
2940
as on Aug 27, 2024
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Funding Insights of JoulesToWatts
JoulesToWatts has successfully raised a total of $443.06K through 1 strategic funding round. The most recent funding activity was a Seed round of $443.06 thousand completed in December 2015. 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 1
- Last Round Seed — $443,064
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First Round
First Round
(31 Dec 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Seed - JoulesToWatts | Valuation | Manipal Global |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in JoulesToWatts
JoulesToWatts has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Manipal Global and Saha Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed by Saha Fund into diverse tech sectors.
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Founded Year | Domain | Location | |
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University offering degrees in medicine, dentistry & foundation in science
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by JoulesToWatts
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - JoulesToWatts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Joulestowatts Comparisons
Competitors of JoulesToWatts
JoulesToWatts 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 Randstad, ADP, Alera Group, Aon and UKG, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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| domain | founded_year | HQ Location |
Insurance brokerage and risk management services are provided worldwide.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Joulestowatts
Frequently Asked Questions about JoulesToWatts
When was JoulesToWatts founded?
JoulesToWatts was founded in 2015.
Where is JoulesToWatts located?
JoulesToWatts is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of JoulesToWatts?
Priti Sawant is the current CEO of JoulesToWatts. They have also founded this company.
Is JoulesToWatts a funded company?
JoulesToWatts is a funded company, having raised a total of $443.06K across 1 funding round to date. The company's 1st funding round was a Seed of $443.06K, raised on Dec 31, 2015.
How many employees does JoulesToWatts have?
As of Aug 27, 2024, the latest employee count at JoulesToWatts is 2,940.
What is the annual revenue of JoulesToWatts?
Annual revenue of JoulesToWatts is $28.83M as on Mar 31, 2022.
What does JoulesToWatts do?
Founded in 2015 and based in Bengaluru, India, operations focus on staffing, business consulting, and IT services. Permanent and contract staffing solutions are offered, along with payroll management. Consulting covers GIC solutions and technology areas such as billing, loyalty programs, network management, and infrastructure. Software and technology services support these functions for various business needs.
Who are the top competitors of JoulesToWatts?
JoulesToWatts's top competitors include Randstad, CIEL HR and Alera Group.
Who are JoulesToWatts's investors?
JoulesToWatts has 2 investors. Key investors include Manipal Global, and Saha Fund.
What is JoulesToWatts's valuation?
The valuation of JoulesToWatts is $1.44M as of Dec 2015.