About Nexus Power
Nexus Power is an Energy & Utilities company based in Bhubaneswar (India) founded in 2020 by Nikita Baliarsingh and Nishita Baliarsingh. Batteries from agricultural leftovers are manufactured for sustainable energy solutions. The company has 18 employees. Its chief executive, as recorded, is Nishita Baliarsingh. Its focus areas include Energy, Energy Storage, Energy Tech and Energy Storage Tech.
Company details
Nexus Power is engaged in business activities that are not detailed on the website. No specific information regarding sectors, solutions, or operational focus is provided. The scope of operations remains unclear based on available content.
- Headquarters Bhubaneswar, India
- Employees 18
- Founders Nikita Baliarsingh, Nishita Baliarsingh
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website nexuspower.in
- Social LinkedIn X Facebook
- Annual Revenue$376.82 (USD)-74as on Mar 31, 2023
- Net Profit-$24.5 K (USD)-15203as on Mar 31, 2023
- EBITDA-$24.42 K (USD)-27573as on Mar 31, 2023
- InvestorsKPMG
& 1 more
- Employee Count18
Associated legal entities of Nexus Power
Nexus Power is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Felis Leo Widgets Private Limited CIN U52100OR2020PTC033787 | Active | 14 Aug 2020 | Bhubaneswar, Odisha | ₹0.2 Cr | 9 | 2 | View details |
| Felis Leo Ventures Private Limited CIN U31100OR2019PTC031167 | Active | 20 Jun 2019 | Bhubaneswar, Odisha | ₹0.0 Cr | 2 | View details |
Funding Insights of Nexus Power
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of Nexus 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 |
|---|---|---|---|---|---|
| Oct 2023 | Grant | – | – | ||
| Apr 2022 | Seed | – | JITO Incubation & Innovation Foundation | – |
2 investors in total: 2 institutional.
Investors in Nexus Power
Nexus Power has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include KPMG and JITO Incubation & Innovation Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are incubated by the foundation in Mumbai, India. | jitojiif.com | Mumbai, India | ||
Audit, tax, accounting, strategy, and financial advisory services are provided. | 1987 | kpmg.com | London, United Kingdom |
Investor details for Nexus 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 Nexus Power
The boards of the 2 registered companies of Nexus Power currently have 2 directors; the longest-serving is Nishita Baliarsingh, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishita Baliarsingh DIN 08488676 | Director | 20 Jun 2019 | 7 yrs 4 mo | Felis Leo Ventures Private Limited, Felis Leo Widgets Private Limited |
| Nikita Baliarsingh DIN 08488677 | Director | 20 Jun 2019 | 7 yrs 4 mo | Felis Leo Ventures Private Limited, Felis Leo Widgets Private Limited |
People of Nexus Power
2 people are tracked at Nexus Power (2 in leadership); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CIO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Nexus 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 Nexus Power
Figures of Felis Leo Ventures Private Limited, the primary company behind Nexus Power, for FY 2023. Revenue was ₹30,241 (-74% year on year). Net loss was -₹19.7 Lakh (-6501% margin). EBITDA was -₹19.6 Lakh (-6480% margin). Revenue has grown at a compounded annual rate of +82% over three years.
- ₹30,241Revenue · FY 2023 · -74% YoY
- -₹19.7 LakhNet loss · -6501% margin
- -₹19.6 LakhEBITDA · -6480% margin
- ₹8.3 LakhPaid-up capital
- +82%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Felis Leo Ventures Private Limited are on its company page.
Detailed financial statements for Nexus 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 Nexus Power
3 dated milestones of Nexus Power across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Nexus Power is founded.
- Funding First funding round.
- Funding Latest funding round, Grant,.
Web traffic of Nexus Power
The website of Nexus Power (nexuspower.in) receives about 8.3K visits a month.
- Monthly visits8.3K
▲ 88.1% vs previous month
Top companies in Energy Storage
3 companies that operate in the same segment as Nexus Power (Energy Storage) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Batteries and automotive components are manufactured by Amara Raja Group. | 1985 | Hyderabad, Telangana, India | ||||
Lithium-ion battery packs for EVs and energy storage are manufactured. | 2018 | Noida, Uttar Pradesh, India | USD 1.5 M | USD 31.66 M | 8 | |
Automotive batteries and solar products are manufactured by Livguard. | 2014 | Gurugram, Haryana, India | USD 65.14 M | USD 411.14 M | 1,737 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Nexus Power
Complete news archive for Nexus Power
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nexus Power
Nexus Power was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Nexus Power is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Nishita Baliarsingh is the CEO of Nexus Power, as recorded in our data. They have also founded this company.
Nexus Power has 18 employees.
Annual revenue of Nexus Power is $376.82 as on Mar 31, 2023.
Nexus Power is engaged in business activities that are not detailed on the website. No specific information regarding sectors, solutions, or operational focus is provided. The scope of operations remains unclear based on available content.
Nexus Power has 2 investors. Key investors include KPMG, and JITO Incubation & Innovation Foundation.
Nexus Power is associated with 2 legal entities: Felis Leo Ventures Private Limited, Felis Leo Widgets Private Limited.
The legal entities of Nexus Power currently have 2 directors, including Nishita Baliarsingh, Nikita Baliarsingh.