Navalt

Kochi, India Founded: 2013 • Age: 13 yrs
Solar-powered electric boats, cruises, and ferries are designed and developed.
Annual revenue $1.9M Latest available
Total funding - 2 rounds
Employees 10 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 6 Brand Intelligence

About Navalt

Navalt is a company based in Kochi (India) founded in 2013 by Sandith Thandasherry. It operates as a Green Energy-as-a-Service and Direct-to-Consumer (D2C). The company has 10 employees as of January 06, 2025. Navalt offers products and services including Solar Electric Boats and Electric Propulsion System. Navalt operates in a competitive market with competitors including Navia Yachts, ThinkRaw Innovative Solution, Kiox Wrox and Yuga Marine, among others.

  • Headquarter Kochi, India
  • Employees 10 as on 06 Jan, 2025
  • Founders Sandith Thandasherry
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Navalt Solar & Electric Boats Pvt. Ltd
  • Date of Incorporation 24 Oct, 2013
  • Jurisdiction Ernakulam, Kerala, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.9 M (USD)
    284.93
    as on Mar 31, 2023
  • Net Profit
    $17.83 K (USD)
    184.39
    as on Mar 31, 2023
  • EBITDA
    $63.6 K (USD)
    131.66
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Villgro

    & 2 more

  • Employee Count
    10

    as on Jan 06, 2025

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Products & Services of Navalt

Navalt offers a comprehensive portfolio of products and services, including Solar Electric Boats and Electric Propulsion System.

Product name locked
Category locked
Primary

Solar electric boats are manufactured for sustainable maritime travel.

Product name locked
Category locked
Locked

Electric propulsion systems are developed for boat electrification needs.

Funding Insights of Navalt

Investors in Navalt

Navalt has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Villgro, Shell Foundation and BanyanTree Finance.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors.
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Investment firm engaging in diverse sector partnerships in India.
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Non-profit organisation focusing on low-income communities
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Investor details for Navalt

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Investments & Acquisitions by Navalt

Investments
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Investment portfolio details for Navalt

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  • Transaction dates
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Financial Statements - Navalt

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Detailed financials for Navalt

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Navalt Comparisons

Navalt Primary company
Description
Solar-powered electric boats, cruises, and ferries are desig...
Location
Kochi, India
Founded Year
2013
Annual Revenue
$1.9 M (USD)
Net Profit
$17.83 K (USD)
EBITDA
$63.6 K (USD)
Employees
10
As of 2025
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Peer comparison for Navalt

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  • Headcount comparison
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Competitors of Navalt

Navalt 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 Navia Yachts, ThinkRaw Innovative Solution, Kiox Wrox and Yuga Marine, among others.

Company Name Domain Founded year HQ Location Description
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Developer of electric yachts
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Develops innovative technologies for solar-powered boats.
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Develops safe autonomous watercrafts for tourism, transportation, and defense applications.
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Develops and provides electric and solar-electric hybrid boats.
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Detailed competitors of Navalt

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Latest news on Navalt

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Complete news archive for Navalt

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Frequently Asked Questions about Navalt

Navalt was founded in 2013 and raised its 1st funding round 8 years after it was founded.

Navalt is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

Sandith Thandasherry is the current CEO of Navalt. They have also founded this company.

As of Jan 06, 2025, the latest employee count at Navalt is 10.

Annual revenue of Navalt is $1.9M as on Mar 31, 2023.

Navalt is established as an eco-marine tech company focused on decarbonizing the shipping industry. Operations are centered in India, with a commitment to sustainable boating innovations. Various types of vessels, including ferries, cruise boats, yachts, and defense boats, are produced. Solutions like electric propulsion systems are offered to enhance maritime sustainability. The company serves sectors such as passenger transport, cargo, and functional marine needs. A mission to reduce emissions through cleaner technology is pursued. Partnerships and tailored solutions are provided to clients globally.

Navalt's top competitors include Navia Yachts, ThinkRaw Innovative Solution and Kiox Wrox.

Navalt offers Solar Electric Boats and Electric Propulsion System.

Navalt has 3 investors. Key investors include Villgro, Shell Foundation, and BanyanTree Finance.

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