About Krivi Energy
Krivi Energy is an Energy & Utilities company based in Mumbai (India) founded in 2013. It operates as a solar energy solutions including installations, assessments, and financing are provided. Krivi Energy has raised $358.31 thousand across 1 funding round from investors including BRJ Resources, Preksh Finserve and Anand Shah. Krivi Energy was last valued at $12.32 million in September 2024. Its chief executive is Veer Bhalala. Its Indian entity Krivi Energy Private Limited reported revenue of ₹258 Cr. Krivi Energy offers products and services including Solar Panels, EPC Services, and Solar Solutions. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Full-end Services. Its competitors include SolarSquare, ZunRoof, Oorjan, Visa Powertech and Becquer Energy; 3 of its 5 listed competitors have raised funding.
Company details
Krivi Energy was founded in 2013 in Mumbai, India, and operates within the solar energy sector. Integrated services such as solar panel installations, energy assessments, financing options, and consultations are offered to residential and commercial clients. Specialized EPC solutions and solar trading services are also delivered to support transitions to sustainable energy sources across various industries.
- Headquarters Mumbai, India
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website krivienergy.com
- Social LinkedIn X Facebook Instagram
- Legal Name Krivi Energy Private Limited
- Date of Incorporation 15 Apr, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹258 Cr
FY 2025 · +56% YoY
- Net Profit₹9.36 Cr
FY 2025 · 4% margin
- EBITDA₹15.90 Cr
FY 2025 · 6% margin
- Total Equity Funding$358.31K (USD)
in 1 rounds
- Latest Funding Round$358.31K (USD), Seed
Sep 2024
Associated legal entities of Krivi Energy
Krivi Energy operates through Krivi Energy 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 |
|---|---|---|---|---|---|---|---|
| Krivi Energy Private Limited CIN U93000MH2013PTC241885 | Active | 15 Apr 2013 | Mumbai, Maharashtra | ₹258 Cr | 16 | 3 | View details |
Products & Services of Krivi Energy
Krivi Energy offers a comprehensive portfolio of products and services, including Solar Panels, EPC Services, and Solar Solutions.
High-quality panels for DCR and non-DCR applications in solar projects.
Engineering, procurement, and construction for solar installations.
Comprehensive systems for ground, rooftop, and floating solar setups.
Funding Insights of Krivi Energy
Krivi Energy has successfully raised a total of $358.31K through 1 strategic funding round. The most recent funding activity was a Seed round of $358.31 thousand completed in September 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 $358,314
- Total Rounds 1
- Last Round Seed — $358,314
- First Round $358,314
(Sep 2024)
- Investors Count 8
All 1 funding rounds of Krivi Energy 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 |
|---|---|---|---|---|---|
| Sep 2024 | $358,314 | Seed | $12.32M | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2024 | $12.32M | •••••••• |
Last known valuation $12.32M (Sep 2024). 8 investors in total: 2 institutional and 6 angel.
Investors in Krivi Energy
Krivi Energy has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include BRJ Resources, Preksh Finserve and Anand Shah.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | brjresources.tcc.mode | - | |
AS Anand Shah | Angel investor, co-founder of Oxyzo, focused on fintech and supply chain finance. | – | unknown_75bfc0d411f743dd9 | - |
KS Krunal Shah | - | – | unknown_c8fcc6f05428479b8 | - |
PG Poorva Gupta | - | – | unknown_a0e4d35ad4b843848 | - |
NA Nidhi Agrawal | Co-founder of KAARYAH, angel investor in Indian startups | – | unknown_0ac4fad0ec5d441aa | - |
DP Dharmesh Pancholi | - | – | unknown_9971c82d85c945499 | - |
JL Jui Lokhande | - | – | unknown_f6552b69aa074fb6b | - |
- | – | prekshfinserve.tcc.mode | - |
Investor details for Krivi Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Krivi Energy Private Limited (Krivi Energy)
Krivi Energy Private Limited is the primary company behind Krivi Energy. The board of Krivi Energy Private Limited currently have 3 directors; the longest-serving is Raj Bhupendra Bhalala, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raj Bhupendra Bhalala DIN 02080498 | Managing Director | 15 Apr 2013 | 13 yrs 6 mo | Krivi Energy Private Limited |
| Rita Bhupendra Bhalala DIN 03256454 | Director | 15 Apr 2013 | 13 yrs 6 mo | Krivi Energy Private Limited |
| Veer Bhupendra Bhalala DIN 08313708 | Director | 26 Mar 2019 | 7 yrs 6 mo | Krivi Energy Private Limited |
People of Krivi Energy
2 people are tracked at Krivi Energy (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
| CEO | Leadership |
Complete people profiles for Krivi Energy
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 Krivi Energy
Figures of Krivi Energy Private Limited, the primary company behind Krivi Energy, for FY 2025. Revenue was ₹258 Cr (+56% year on year). Net profit was ₹9.36 Cr (4% margin). EBITDA was ₹15.90 Cr (6% margin). Revenue has grown at a compounded annual rate of +35% over three years and +36% over five years.
- ₹258 CrRevenue · FY 2025 · +56% YoY
- ₹9.36 CrNet profit · 4% margin
- ₹15.90 CrEBITDA · 6% margin
- ₹6.18 CrPaid-up capital
- 16Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +36%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Krivi Energy Private Limited are on its company page.
Detailed financial statements for Krivi Energy
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 Krivi Energy
3 dated milestones of Krivi Energy across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Krivi Energy is founded.
- Funding First funding round of $358K.
- Milestone Reaches Minicorn status.
Competitors of Krivi Energy
Krivi Energy has 5 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof, Oorjan, Visa Powertech and Becquer Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development | |
| visapowertech.com | 1993 | Navi Mumbai, India | – | – | Offers solar systems, battery storage, and EV charging for renewable energy. | |
| becquer.co | 2016 | Mumbai, India | – | – | Offers solar hardware, installations, and energy solutions for commercial and educational sectors. |
Detailed competitors of Krivi Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Krivi Energy (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Krivi Energy
Krivi Energy was founded in 2013 and raised its 1st funding round 11 years after it was founded.
Krivi Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Veer Bhalala is the current CEO of Krivi Energy.
Krivi Energy is a funded company, having raised a total of $358.31K across 1 funding round to date. The company's 1st funding round was a Seed of $358.31K, raised on Sep 2024.
The primary company behind Krivi Energy, Krivi Energy Private Limited, reported revenue of ₹258 Cr for FY 2025, up 56% year on year.
Krivi Energy was founded in 2013 in Mumbai, India, and operates within the solar energy sector. Integrated services such as solar panel installations, energy assessments, financing options, and consultations are offered to residential and commercial clients. Specialized EPC solutions and solar trading services are also delivered to support transitions to sustainable energy sources across various industries.
Krivi Energy's top competitors include SolarSquare, Oorjan and ZunRoof.
Krivi Energy offers Solar Panels, EPC Services, and Solar Solutions.
Krivi Energy has 8 investors. Key investors include BRJ Resources, Preksh Finserve, Anand Shah, Krunal Shah, and Poorva Gupta.
The valuation of Krivi Energy is $12.32M as of Sep 2024.
Krivi Energy operates through Krivi Energy Private Limited.
The legal entities of Krivi Energy currently have 3 directors, including Raj Bhupendra Bhalala, Rita Bhupendra Bhalala, Veer Bhupendra Bhalala.