About MinionLabs
MinionLabs is a company based in Bengaluru (India) founded in 2016 by Sourav Kumar Roy, Ram Praveen Ramanathan, and Gokul Shrinivas. MinionLabs has raised $330.31 thousand across 7 funding rounds from investors including Facebook, WhatsApp and Invest India. MinionLabs operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.
- Headquarter Bengaluru, India
- Founders Sourav Kumar Roy, Ram Praveen Ramanathan, Gokul Shrinivas
- Stage Minicorn
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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Phone
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Website
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Social
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- Legal Name Minionlabs India Private Limited
- Date of Incorporation 07 Jul, 2017
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$19.09 K (USD)-52.42as on Mar 31, 2023
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Net Profit
-$65.91 K (USD)-74.2as on Mar 31, 2023
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EBITDA
-$80.12 K (USD)-66.37as on Mar 31, 2023
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Total Equity Funding
$330.31 K (USD)
in 7 rounds
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Latest Funding Round
$118.6 K (USD), Angel Round
May 29, 2023
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Investors
Facebook
& 51 more
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Employee Count
Not available
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Funding Insights of MinionLabs
MinionLabs has successfully raised a total of $330.31K across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $118.6 thousand completed in May 2023. 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.
Investors in MinionLabs
MinionLabs has secured backing from 52 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Facebook, WhatsApp and Invest India.
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Climate tech startup ecosystem is supported in South Asia.
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Angel investor network investing in early-stage startups
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Multiple-stage venture capital investments are managed by Haystack.
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Investor details for MinionLabs
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Investments & Acquisitions by MinionLabs
Investment portfolio details for MinionLabs
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Financial Statements - MinionLabs
Detailed financials for MinionLabs
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Minionlabs Comparisons
Peer comparison for MinionLabs
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Competitors of MinionLabs
MinionLabs 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 ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.
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Provider of smart thermostats for commercial and residential applications
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Provider of solutions for energy monitoring for residential building
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Energy efficiency and smart grid management solutions
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Detailed competitors of MinionLabs
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Latest news on Minionlabs
Complete news archive for MinionLabs
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Frequently Asked Questions about MinionLabs
MinionLabs was founded in 2016.
MinionLabs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Gokul Shrinivas is the current CEO of MinionLabs. They have also founded this company.
MinionLabs is a funded company, having raised a total of $330.31K across 7 funding rounds to date.
Annual revenue of MinionLabs is $19.09K as on Mar 31, 2023.
MinionLabs was founded in 2016 and is based in Bengaluru, India. An energy monitoring sensing device is offered by the company within the smart energy management sector. Real-time, device-level electricity consumption data is delivered to businesses through a solution that utilizes data and AI. Operations focus on enabling electricity usage analysis across industrial and commercial settings in the region.
MinionLabs's top competitors include ecobee, Particle and Landis+Gyr.
MinionLabs has 52 investors. Key investors include Facebook, WhatsApp, Invest India, Maharashtra State Innovation Society, and Sparrow Technologies.
The valuation of MinionLabs is $2.92M as of May 2023.