About Offgrid Energy Labs
Offgrid Energy Labs is an Energy & Utilities company based in Noida (India) founded in 2018 by Tejas Kusurkar, Rishi Srivastava, Ankur Agarwal, and Brindan Tulachan. Zinc-gel battery technology is developed for renewable energy storage. Offgrid Energy Labs has raised $27 million across 3 funding rounds from investors including Ankur Capital, Archean Chemical Industries and Action Potential Venture Capital. Its chief executive, as recorded, is Tejas Kusurkar. Its Indian entity Offgrid Energy Labs Private Limited reported revenue of ₹4.30 Cr. Offgrid Energy Labs offers products and services including ZincGel Battery. Its focus areas include Energy Tech, Renewable Energy Tech, Horizontal and Energy Storage.
Company details
Offgrid Energy Labs was founded in 2018 in Noida, India, within the renewable energy sector. Zinc-gel battery technology is developed using eco-friendly materials and non-flammable electrolytes for safe, efficient storage solutions. Existing manufacturing infrastructure is leveraged to support scalability. Fast charging and discharging are enabled, along with self-healing electrolytes that extend battery life through recyclable components. Operations focus on adoption in off-grid applications.
- Headquarters Noida, India
- Founders Tejas Kusurkar, Rishi Srivastava, Ankur Agarwal, Brindan Tulachan
- SectorsEnergy & Utilities
- Email••••••••
- Website offgridenergylabs.com
- Social LinkedIn X
- Legal Name Offgrid Energy Labs Private Limited
- Date of Incorporation 17 Jan, 2018
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹4.30 Cr
FY 2025 · -32% YoY
- Net Profit₹39.7 Lakh
FY 2025 · 9% margin
- EBITDA₹1.25 Cr
FY 2025 · 29% margin
- Total Equity Funding$27M (USD)
in 3 rounds
- Latest Funding Round$15M (USD), Series A
Sep 2025
- InvestorsAnkur Capital
& 3 more
Associated legal entities of Offgrid Energy Labs
Offgrid Energy Labs is associated with 2 registered companies on The Company Check; the primary company is Offgrid Energy Labs Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Offgrid Energy Labs Private Limited CIN U29309DL2018PTC328666 | Active | 17 Jan 2018 | New Delhi, Delhi | ₹4.3 Cr | 4 | View details | |
| Offgrid Energy Labs Manufacturing Private Limited CIN U27201DL2023PTC416556 | Strike Off | 04 Jul 2023 | New Delhi, Delhi | 2 | View details |
Products & Services of Offgrid Energy Labs
Offgrid Energy Labs offers a comprehensive portfolio of products and services, including ZincGel Battery.
Provides efficient, safe energy storage using eco-friendly materials.
Funding Insights of Offgrid Energy Labs
Offgrid Energy Labs has successfully raised a total of $27M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in September 2025. 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 $27M
- Total Rounds 3
- Last Round Series A — $15M
- Investors Count 4
All 3 funding rounds of Offgrid Energy Labs 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 |
|---|---|---|---|---|---|
| Sep 2025 | $15M | Series A | – | Archean Chemical Industries | |
| Jan 2025 | $12M | Series A | – | – | |
| Feb 2022 | Seed | – | Ankur Capital, Action Potential Venture Capital | – |
4 investors in total: 4 institutional.
Investors in Offgrid Energy Labs
Offgrid Energy Labs has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ankur Capital, Archean Chemical Industries and Action Potential Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in digital, climate, and deep science technologies. | 2011 | ankurcapital.com | Mumbai, India | |
Stage-agnostic investments in US life sciences are pursued. | actionpotentialvc.com | Palo Alto, United States | ||
Energy sectors are targeted by Shell-backed accelerator program. | e4.shell.in.tcc.mode | |||
Speciality chemicals are manufactured by Archean Chemical Industries in India. | 2009 | archeanchemicals.com | Chennai, India |
Investor details for Offgrid Energy Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Offgrid Energy Labs Private Limited (Offgrid Energy Labs)
Offgrid Energy Labs Private Limited is the primary company behind Offgrid Energy Labs. The boards of the 2 registered companies of Offgrid Energy Labs currently have 4 directors; the longest-serving is Brindan Tulachan, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Brindan Tulachan DIN 08047988 | Director | 17 Jan 2018 | 8 yrs 9 mo | Offgrid Energy Labs Private Limited |
| Tejas Sanjeev Kusurkar DIN 07039822 | Director | 04 Jul 2023 | 3 yrs 3 mo | Offgrid Energy Labs Manufacturing Private Limited, Offgrid Energy Labs Private Limited |
| Rishi Kant Srivastava DIN 06708853 | Director | 04 Jul 2023 | 3 yrs 3 mo | Offgrid Energy Labs Manufacturing Private Limited, Offgrid Energy Labs Private Limited |
| Ankur Agarwal DIN 08045459 | Director | 29 Nov 2024 | 1 yr 10 mo | Offgrid Energy Labs Private Limited |
People of Offgrid Energy Labs
4 people are tracked at Offgrid Energy Labs (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CFO | Leadership | |
| Co-Founder & CTO | Leadership |
Complete people profiles for Offgrid Energy Labs
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Financials of Offgrid Energy Labs
Figures of Offgrid Energy Labs Private Limited, the primary company behind Offgrid Energy Labs, for FY 2025. Revenue was ₹4.30 Cr (-32% year on year). Net profit was ₹39.7 Lakh (9% margin). EBITDA was ₹1.25 Cr (29% margin). Revenue has grown at a compounded annual rate of +17% over three years and +305% over five years.
- ₹4.30 CrRevenue · FY 2025 · -32% YoY
- ₹39.7 LakhNet profit · 9% margin
- ₹1.25 CrEBITDA · 29% margin
- ₹49.7 LakhPaid-up capital
- +17%Revenue CAGR, 3 years
- +305%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Offgrid Energy Labs Private Limited are on its company page.
Detailed financial statements for Offgrid Energy Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Offgrid Energy Labs
3 dated milestones of Offgrid Energy Labs across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Offgrid Energy Labs is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $15.0M.
Top companies in Energy Storage Systems
2 companies that operate in the same segment as Offgrid Energy Labs (Energy Storage Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Related news about Offgrid Energy Labs
Complete news archive for Offgrid Energy Labs
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Frequently Asked Questions about Offgrid Energy Labs
Offgrid Energy Labs was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Offgrid Energy Labs is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Tejas Kusurkar is the CEO of Offgrid Energy Labs, as recorded in our data. They have also founded this company.
Offgrid Energy Labs is a funded company, having raised a total of $27M across 3 funding rounds to date.
The primary company behind Offgrid Energy Labs, Offgrid Energy Labs Private Limited, reported revenue of ₹4.30 Cr for FY 2025, down 32% year on year.
Offgrid Energy Labs was founded in 2018 in Noida, India, within the renewable energy sector. Zinc-gel battery technology is developed using eco-friendly materials and non-flammable electrolytes for safe, efficient storage solutions. Existing manufacturing infrastructure is leveraged to support scalability. Fast charging and discharging are enabled, along with self-healing electrolytes that extend battery life through recyclable components. Operations focus on adoption in off-grid applications.
Offgrid Energy Labs offers ZincGel Battery.
Offgrid Energy Labs has 4 investors. Key investors include Ankur Capital, Archean Chemical Industries, Action Potential Venture Capital, and Shell E4.
Offgrid Energy Labs is associated with 2 legal entities: Offgrid Energy Labs Private Limited, Offgrid Energy Labs Manufacturing Private Limited.
The legal entities of Offgrid Energy Labs currently have 4 directors, including Tejas Sanjeev Kusurkar, Rishi Kant Srivastava, Ankur Agarwal and others.