O2 Power

Gurugram, India Founded: 2019 • Age: 7 yrs Acquired By JSW Group
Developer of solar and wind energy projects
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About O2 Power

O2 Power is a company based in Gurugram (India) founded in 2019 was acquired by JSW Group in December 2024.. The company has 207 employees as of April 09, 2024. O2 Power offers products and services including Solar Power, Wind Power, and Innovative Solutions. O2 Power operates in a competitive market with competitors including Lightsource BP, CleanMax, Freyr Energy, Fourth Partner Energy and Sterling And Wilson, among others.

  • Headquarter Gurugram, India
  • Employees 207 as on 09 Apr, 2024
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name O2 Power Private Limited
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $48.6 M (USD)
    937.63
    as on Mar 31, 2023
  • Net Profit
    $-1.34 M (USD)
    70.57
    as on Mar 31, 2023
  • EBITDA
    $-130.37 K (USD)
    96.92
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    207

    as on Apr 09, 2024

  • Acquired by
    JSW Group

    (Dec 27, 2024)

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Products & Services of O2 Power

O2 Power offers a comprehensive portfolio of products and services, including Solar Power, Wind Power, and Innovative Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides solar energy solutions for utility projects.

Offers wind energy for commercial and industrial use.

Delivers storage and green hydrogen options for energy needs.

People of O2 Power
Headcount 1-10
Employee Profiles 54
Employee Profiles
People
CA Ayush Jain
Manager F&a
People
Ritu Raj
Assistant Manager
People
Rohit Joshi
Head Solar Central Cell
People
Amit Kumar
Assistant General Manager - HR

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Funding Insights of O2 Power

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in O2 Power

O2 Power has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include JSW Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Steel, infrastructure products, and power are manufactured by JSW Group.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by O2 Power

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - O2 Power

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

O2 Power Comparisons

Employees
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Competitors of O2 Power

O2 Power 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 Lightsource BP, CleanMax, Freyr Energy, Fourth Partner Energy and Sterling And Wilson, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Solar energy projects are developed and operated by Lightsource BP.
domain founded_year HQ Location
Solar energy projects are developed for commercial and industrial clients.
domain founded_year HQ Location
Solar energy projects are developed for residential and commercial applications.
domain founded_year HQ Location
On-grid and off-grid solar solutions and products are provided.
domain founded_year HQ Location
EPC and MEP services are provided across diverse sectors.
domain founded_year HQ Location
Provider of solar EPC, IPP services, and battery energy storage systems
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on O2 Power

Frequently Asked Questions about O2 Power

When was O2 Power founded?

O2 Power was founded in 2019.

Where is O2 Power located?

O2 Power is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

How many employees does O2 Power have?

As of Apr 09, 2024, the latest employee count at O2 Power is 207.

What is the annual revenue of O2 Power?

Annual revenue of O2 Power is $48.6M as on Mar 31, 2023.

What does O2 Power do?

O2 Power was founded in 2019 and is headquartered in Gurugram, India. Renewable energy initiatives, including solar and wind projects, are developed and managed by the company within the clean energy sector. Operations span project development, financing, and execution across India, with a focus on utility-scale assets. Services encompass site assessment, engineering, and grid integration to support sustainable power generation.

Who are the top competitors of O2 Power?

O2 Power's top competitors include Lightsource BP, CleanMax and Fourth Partner Energy.

What products or services does O2 Power offer?

O2 Power offers Solar Power, Wind Power, and Innovative Solutions.

Who are O2 Power's investors?

O2 Power has 1 investor. Key investors include JSW Group.

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