About Kalpa Power
Kalpa Power is an Energy & Utilities company based in Pune (India) founded in 2017 by Nitin Muthiyan and Rounak Muthiyan. Kalpa Power designs, installs, and manages solar systems for energy efficiency in India. It operates on a B2B and D2C model. Kalpa Power has raised $1.54 million across 2 funding rounds from investors including Rita Bothra, Naveen Botra and Rajesh Burra. The company has 85 employees. Its Indian entity Kalpa Power Private Limited reported revenue of ₹272 Cr. Kalpa Power offers products and services including Rooftop Solar Solutions, Open Access Solar Power, and Asset Management. Its focus areas include Energy, Renewable Energy, Energy Efficiency and Asset Management. Its competitors include Fourth Partner Energy and Sterling And Wilson; 2 of its 2 listed competitors have raised funding.
Company details
Kalpa Power is a solar energy company headquartered in Pune, India, specializing in designing and installing solar power systems for commercial and industrial clients. They offer services like infrastructure management, energy efficiency solutions, and asset maintenance to reduce energy costs and environmental impact. With projects across India, they promote sustainable practices through renewable energy installations and optimization, helping businesses minimize their carbon footprint and operational expenses.
- Headquarters Pune, India
- Employees 85
- Founders Nitin Muthiyan, Rounak Muthiyan
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website kalpapower.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Kalpa Power Pvt. Ltd
- Date of Incorporation 23 Mar, 2017
- Jurisdiction Baner, Maharashtra, India
- Annual Revenue₹272 Cr
FY 2025
- Net Profit₹15.12 Cr
FY 2025 · 6% margin
- EBITDA₹22.61 Cr
FY 2025 · 8% margin
- Total Equity Funding$1.54M (USD)
in 2 rounds
- Latest Funding Round$1.18M (USD), Angel Round
Dec 2024
- Employee Count85
Associated legal entities of Kalpa Power
Kalpa Power operates through Kalpa Power 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 |
|---|---|---|---|---|---|---|---|
| Kalpa Power Private Limited CIN U74999PN2017PTC169581 | Active | 23 Mar 2017 | Baner, Maharashtra | ₹272 Cr | 85 | 5 | View details |
Products & Services of Kalpa Power
Kalpa Power offers a comprehensive portfolio of products and services, including Rooftop Solar Solutions, Open Access Solar Power, and Asset Management.
Provides rooftop solar panels for efficient energy generation and cost reduction.
Offers large-scale solar access to minimize geographical constraints and promote sustainability.
Monitors and maintains solar systems for optimal performance and long-term reliability.
Apps and channels of Kalpa Power
its YouTube channel Kalpa Power has 120 subscribers and 19 videos.
Videos from Kalpa Power
The most watched videos on Kalpa Power's YouTube channel, Kalpa Power (120 subscribers). Click a video to play it here.
More on Kalpa Power.
Funding Insights of Kalpa Power
Kalpa Power has successfully raised a total of $1.54M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $1.18 million completed in December 2024. 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 $1.54M
- Total Rounds 2
- Last Round Angel Round — $1.18M
- First Round $359,964
(Mar 2024)
- Investors Count 8
All 2 funding rounds of Kalpa Power 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 |
|---|---|---|---|---|---|
| Dec 2024 | $1.18M | Angel Round | – | Rita Bothra | |
| Mar 2024 | $359,964 | Seed | – | Nitin Muthiyan |
8 investors in total: 0 institutional and 8 angel.
Investors in Kalpa Power
Kalpa Power has secured backing from 8 investors, including angel investors. Prominent investors backing the company include Rita Bothra, Naveen Botra and Rajesh Burra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RB Rita Bothra | unknown_9e5cc76e985b4f019 | |||
NB Naveen Botra | unknown_60fa8f8abd554bc9b | |||
RB Rajesh Burra | unknown_6606d4a82d4647aea | |||
JB Jayesh Bothra | unknown_4c9b8aad72934922a | |||
NM Nitin Muthiyan | unknown_f27eb2f1ea1445f18 | |||
RW Rima Wandhekar | unknown_6dbadd5113fb4cc4a | |||
AK Arun Kumar Maroti | unknown_b3864e07fd6e4c4b9 | |||
VR Vasudev Ramaswamy | unknown_4bbcad5ed46c4c8b8 |
Investor details for Kalpa Power
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 Kalpa Power Private Limited (Kalpa Power)
Kalpa Power Private Limited is the primary company behind Kalpa Power. The board of Kalpa Power Private Limited currently have 5 directors; the longest-serving is Rounak Nitin Muthiyan, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rounak Nitin Muthiyan DIN 07527648 | Managing Director | 23 Mar 2017 | 9 yrs 7 mo | Kalpa Power Private Limited |
| Rima Wandhekar DIN 07527689 | Director | 23 Mar 2017 | 9 yrs 7 mo | Kalpa Power Private Limited |
| Nitin Shantilal Muthiyan DIN 00397830 | Whole-time director | 08 Mar 2018 | 8 yrs 8 mo | Kalpa Power Private Limited |
| Kiran Nitin Muthiyan DIN 08724301 | Director | 19 Mar 2020 | 6 yrs 7 mo | Kalpa Power Private Limited |
| Anand Raheja DIN 01179387 | Director | 08 Aug 2025 | 1 yr 3 mo | Kalpa Power Private Limited |
People of Kalpa Power
5 people are tracked at Kalpa Power (2 in leadership, 3 in team); the tracked headcount is 85.
| Name | Role | Group |
|---|---|---|
| and Rounak Muthiyan ( Founder | Leadership | |
| Founder | Leadership | |
Satyabrata Sandha | Asset Management (site Incharge) | Team |
Padmanagouda Patil | Incharge - Distributed Projects | Team |
Shital Dalavi | Assistant Manager Finance | Team |
Complete people profiles for Kalpa Power
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 Kalpa Power
Figures of Kalpa Power Private Limited, the primary company behind Kalpa Power, for FY 2025. Revenue was ₹272 Cr. Net profit was ₹15.12 Cr (6% margin). EBITDA was ₹22.61 Cr (8% margin).
- ₹272 CrRevenue · FY 2025
- ₹15.12 CrNet profit · 6% margin
- ₹22.61 CrEBITDA · 8% margin
- ₹52.9 LakhPaid-up capital
- 85Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Kalpa Power Private Limited are on its company page.
Detailed financial statements for Kalpa Power
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 Kalpa Power
3 dated milestones of Kalpa Power across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Kalpa Power is founded.
- Funding First funding round of $360K.
- Funding Latest funding round, Angel Round, of $1.2M.
Competitors of Kalpa Power
Kalpa Power has 2 listed competitors in our database, 2 of them funded. They include Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed competitors of Kalpa Power
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.
Web traffic of Kalpa Power
The website of Kalpa Power (kalpapower.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 49.2% vs previous month
Top companies in Energy Efficiency & Conservation
2 companies that operate in the same segment as Kalpa Power (Energy Efficiency & Conservation) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | USD 173.08 M | 1,929 | ||
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 |
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Frequently Asked Questions about Kalpa Power
Kalpa Power was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Kalpa Power is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Kalpa Power is a funded company, having raised a total of $1.54M across 2 funding rounds to date. The company's 1st funding round was a Seed of $359.96K, raised on Mar 2024.
Kalpa Power has 85 employees.
The primary company behind Kalpa Power, Kalpa Power Private Limited, reported revenue of ₹272 Cr for FY 2025.
Kalpa Power is a solar energy company headquartered in Pune, India, specializing in designing and installing solar power systems for commercial and industrial clients. They offer services like infrastructure management, energy efficiency solutions, and asset maintenance to reduce energy costs and environmental impact. With projects across India, they promote sustainable practices through renewable energy installations and optimization, helping businesses minimize their carbon footprint and operational expenses.
Kalpa Power's top competitors include Fourth Partner Energy and Sterling And Wilson.
Kalpa Power offers Rooftop Solar Solutions, Open Access Solar Power, and Asset Management.
Kalpa Power has 8 investors. Key investors include Rita Bothra, Naveen Botra, Rajesh Burra, Jayesh Bothra, and Nitin Muthiyan.
Kalpa Power operates through Kalpa Power Private Limited.
The legal entities of Kalpa Power currently have 5 directors, including Kiran Nitin Muthiyan, Anand Raheja, Rounak Nitin Muthiyan and others.