About Monter Technologies
Monter Technologies is an Energy & Utilities company based in Pune (India) founded in 2017 by Ankit Singh. It operates as an installation of solar panels and products is handled. Monter Technologies has raised $24.56 thousand across 1 funding round from investors including Praveen Mahadeo Kedar, Vivek Kumar Verma and Sibu Chakrabarti. Its chief executive is Ankit Singh. Its Indian entity Monter Technologies Private Limited reported revenue of ₹2 Lakh. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Monter Technologies was established in 2017 in Pune, India, with Ankit Singh serving as founder and CEO. Operations focus on the renewable energy sector, where solar panels and associated products are installed for various clients. Services encompass full installation processes, including site assessment and setup, primarily within the Indian market. The company maintains its headquarters in Pune, supporting regional solar energy initiatives through standard installation practices.
- Headquarters Pune, India
- Founders Ankit Singh
- SectorsEnergy & Utilities
- Email••••••••
- Website montertechnologies.com
- Legal Name Monter Technologies Private Limited
- Date of Incorporation 03 May, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2 Lakh
FY 2020
- Net Loss-₹7.8 Lakh
FY 2020 · -388% margin
- EBITDA-₹7.3 Lakh
FY 2020 · -364% margin
- Total Equity Funding$24.56K (USD)
in 1 rounds
- Latest Funding Round$24.56K (USD), Angel Round
Mar 2021
Associated legal entities of Monter Technologies
Monter Technologies operates through Monter Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Monter Technologies Private Limited CIN U72900PN2017PTC170291 | Active | 03 May 2017 | Pune, Maharashtra | ₹0.0 Cr | – | 3 | View details |
Funding Insights of Monter Technologies
Monter Technologies has successfully raised a total of $24.56K through 1 strategic funding round. The most recent funding activity was a Angel Round of $24.56 thousand completed in March 2021. 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 $24,561
- Total Rounds 1
- Last Round Angel Round — $24,561
- First Round $24,561
(Mar 2021)
- Investors Count 3
All 1 funding rounds of Monter Technologies 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 |
|---|---|---|---|---|---|
| Mar 2021 | $24,561 | Angel Round | – | Sibu Chakrabarti |
3 investors in total: 0 institutional and 3 angel.
Investors in Monter Technologies
Monter Technologies has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Praveen Mahadeo Kedar, Vivek Kumar Verma and Sibu Chakrabarti.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PM Praveen Mahadeo Kedar | - | – | unknown_132233e7b3714d7aa | - |
VK Vivek Kumar Verma | - | – | unknown_b57a0cd8603343f69 | - |
SC Sibu Chakrabarti | - | – | unknown_10aa8cfe6899458fa | - |
Investor details for Monter Technologies
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 Monter Technologies Private Limited (Monter Technologies)
Monter Technologies Private Limited is the primary company behind Monter Technologies. The board of Monter Technologies Private Limited currently have 3 directors; the longest-serving is Mithlesh Jaipal Singh, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mithlesh Jaipal Singh DIN 07811762 | Director | 03 May 2017 | 9 yrs 5 mo | Monter Technologies Private Limited |
| Ankit Jaipal Singh DIN 07811761 | Director | 03 May 2017 | 9 yrs 5 mo | Monter Technologies Private Limited |
| Krishnagopal Motilal Chandak DIN 02836448 | Director | 09 Jun 2022 | 4 yrs 4 mo | Monter Technologies Private Limited |
People of Monter Technologies
1 people are tracked at Monter Technologies (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Monter Technologies
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 Monter Technologies
Figures of Monter Technologies Private Limited, the primary company behind Monter Technologies, for FY 2020. Revenue was ₹2 Lakh. Net loss was -₹7.8 Lakh (-388% margin). EBITDA was -₹7.3 Lakh (-364% margin).
- ₹2 LakhRevenue · FY 2020
- -₹7.8 LakhNet loss · -388% margin
- -₹7.3 LakhEBITDA · -364% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Monter Technologies Private Limited are on its company page.
Detailed financial statements for Monter Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Monter Technologies
2 dated milestones of Monter Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Monter Technologies is founded.
- Funding First funding round of $25K.
Competitors of Monter Technologies
Monter Technologies has 8 listed competitors in our database, 7 of them funded. They include Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lightsourcebp.com | 2010 | Holborn, United Kingdom | $417.9M | 1,101 | Solar energy projects are developed and operated by Lightsource BP. | |
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| 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. | |
| prozealgreen.com | 2011 | Ahmedabad, India | $7.34M | 336 | Provider of solar EPC, IPP services, and battery energy storage systems | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services | |
| mahindrasusten.com | 2010 | Mumbai, India | – | 180 | Turnkey EPC services for solar power plants are provided. | |
| roofsol.com | 2016 | Mumbai, India | $31.23M | 168 | Provides solar plant installations, providing engineering, procurement, and construction services |
Detailed competitors of Monter Technologies
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.
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Monter Technologies (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 Monter Technologies
Monter Technologies was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Monter Technologies is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Ankit Singh is the current CEO of Monter Technologies. They have also founded this company.
Monter Technologies is a funded company, having raised a total of $24.56K across 1 funding round to date. The company's 1st funding round was a Angel Round of $24.56K, raised on Mar 2021.
The primary company behind Monter Technologies, Monter Technologies Private Limited, reported revenue of ₹2 Lakh for FY 2020.
Monter Technologies was established in 2017 in Pune, India, with Ankit Singh serving as founder and CEO. Operations focus on the renewable energy sector, where solar panels and associated products are installed for various clients. Services encompass full installation processes, including site assessment and setup, primarily within the Indian market. The company maintains its headquarters in Pune, supporting regional solar energy initiatives through standard installation practices.
Monter Technologies's top competitors include Lightsource BP, Fourth Partner Energy and Freyr Energy.
Monter Technologies has 3 investors. Key investors include Praveen Mahadeo Kedar, Vivek Kumar Verma, and Sibu Chakrabarti.
Monter Technologies operates through Monter Technologies Private Limited.
The legal entities of Monter Technologies currently have 3 directors, including Mithlesh Jaipal Singh, Ankit Jaipal Singh, Krishnagopal Motilal Chandak.