About NRS Chariot Tech
NRS Chariot Tech was a Technology company based in Delhi (India) founded in 2017 by Raj Garg, Nilay Mehrotra, and Siddhant Srivastava. It provides LPWAN-based solutions for effective water management. It operates on a B2B model. NRS Chariot Tech has raised $307.16 thousand across 1 funding round from investors including GEMS Partners. NRS Chariot Tech was last valued at $1.26 million in April 2018. Its chief executive, as recorded, is Nilay Mehrotra. Its Indian entity Nrs Chariot Tech Private Limited reported revenue of ₹10.5 Lakh. The company is recorded as dissolved. Its focus areas include IoT, Water Management and LPWAN Solutions.
Company details
NRS Chariot Tech, backed by 307159.0 from GEMS Partners, focuses on leveraging cutting-edge technology, iot, managing water resources, and lpwan solutions. Provides LPWAN-based solutions for effective water management. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- Founders Raj Garg, Nilay Mehrotra, Siddhant Srivastava
- Stage Minicorn
- SectorsTechnology
- Website chariotco.in
- Social X Facebook
- Legal Name Nrs Chariot Tech Private Limited
- Date of Incorporation 03 Mar, 2017
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹10.5 Lakh
FY 2020 · +3828% YoY
- Net Loss-₹27.2 Lakh
FY 2020 · -260% margin
- EBITDA-₹27.2 Lakh
FY 2020 · -260% margin
- Total Equity Funding$307.16K (USD)
in 1 rounds
- Latest Funding Round$307.16K (USD), Seed
Apr 2018
- Investors
Associated legal entities of NRS Chariot Tech
NRS Chariot Tech operates through Nrs Chariot Tech 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 |
|---|---|---|---|---|---|---|---|
| Nrs Chariot Tech Private Limited CIN U74999DL2017PTC313890 | Active | 03 Mar 2017 | New Delhi, Delhi | ₹0.1 Cr | 2 | View details |
Funding Insights of NRS Chariot Tech
NRS Chariot Tech has successfully raised a total of $307.16K through 1 strategic funding round. The most recent funding activity was a Seed round of $307.16 thousand completed in April 2018. 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 $307,159
- Total Rounds 1
- Last Round Seed — $307,159
- First Round $307,159
(Apr 2018)
- Investors Count 1
All 1 funding rounds of NRS Chariot Tech 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 |
|---|---|---|---|---|---|
| Apr 2018 | $307,159 | Seed | $1.26M | GEMS Partners | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2018 | $1.26M | •••••••• |
Last known valuation $1.26M (Apr 2018). 1 investors in total: 1 institutional.
Investors in NRS Chariot Tech
NRS Chariot Tech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GEMS Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | 2016 | gemspartnership.com | Delhi, India |
Investor details for NRS Chariot Tech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Nrs Chariot Tech Private Limited (NRS Chariot Tech)
Nrs Chariot Tech Private Limited is the primary company behind NRS Chariot Tech. The board of Nrs Chariot Tech Private Limited currently have 2 directors; the longest-serving is Nilay Mehrotra, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nilay Mehrotra DIN 07684784 | Managing Director | 03 Mar 2017 | 9 yrs 7 mo | Nrs Chariot Tech Private Limited |
| Raj Garg DIN 07684806 | Whole-time director | 03 Mar 2017 | 9 yrs 7 mo | Nrs Chariot Tech Private Limited |
People of NRS Chariot Tech
3 people are tracked at NRS Chariot Tech (3 in leadership).
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder, CTO | Leadership | |
| ex-Co-Founder, CEO | Leadership | |
| ex-Co-Founder, COO | Leadership |
Complete people profiles for NRS Chariot Tech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of NRS Chariot Tech
Figures of Nrs Chariot Tech Private Limited, the primary company behind NRS Chariot Tech, for FY 2020. Revenue was ₹10.5 Lakh (+3828% year on year). Net loss was -₹27.2 Lakh (-260% margin). EBITDA was -₹27.2 Lakh (-260% margin).
- ₹10.5 LakhRevenue · FY 2020 · +3828% YoY
- -₹27.2 LakhNet loss · -260% margin
- -₹27.2 LakhEBITDA · -260% margin
- ₹24,260Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Nrs Chariot Tech Private Limited are on its company page.
Detailed financial statements for NRS Chariot Tech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of NRS Chariot Tech
3 dated milestones of NRS Chariot Tech across 1 years, from founding to its latest funding, stage changes and deals.
- Founded NRS Chariot Tech is founded.
- Funding First funding round of $307K.
- Milestone Reaches Minicorn status.
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Related news about Nrs Chariot Tech
Complete news archive for NRS Chariot Tech
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Frequently Asked Questions about NRS Chariot Tech
NRS Chariot Tech was founded in 2017 and raised its 1st funding round 1 year after it was founded.
NRS Chariot Tech is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Nilay Mehrotra is the CEO of NRS Chariot Tech, as recorded in our data. They have also founded this company.
NRS Chariot Tech is a funded company, having raised a total of $307.16K across 1 funding round to date. The company's 1st funding round was a Seed of $307.16K, raised on Apr 2018.
The primary company behind NRS Chariot Tech, Nrs Chariot Tech Private Limited, reported revenue of ₹10.5 Lakh for FY 2020, up 3828% year on year.
NRS Chariot Tech, backed by 307159.0 from GEMS Partners, focuses on leveraging cutting-edge technology, iot, managing water resources, and lpwan solutions. Provides LPWAN-based solutions for effective water management. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
NRS Chariot Tech has 1 investor. Key investors include GEMS Partners.
The valuation of NRS Chariot Tech is $1.26M as of Apr 2018.
NRS Chariot Tech operates through Nrs Chariot Tech Private Limited.
The legal entities of NRS Chariot Tech currently have 2 directors, including Nilay Mehrotra, Raj Garg.