About Offgrid Energy Labs
Offgrid Energy Labs is a company based in Noida (India) founded in 2018 by Tejas Kusurkar, Rishi Srivastava, Ankur Agarwal, and Brindan Tulachan.. Offgrid Energy Labs has raised $27 million across 3 funding rounds from investors including Ankur Capital, Archean Chemical Industries and Action Potential Venture Capital. Offgrid Energy Labs offers products and services including ZincGel Battery. Offgrid Energy Labs operates in a competitive market with competitors including Ambri, EnZinc, Hydrostor, Cheesecake Energy and Raygen, among others.
- Headquarter Noida, India
- Founders Tejas Kusurkar, Rishi Srivastava, Ankur Agarwal, Brindan Tulachan
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
$762.08 K (USD)-6as on Mar 31, 2024
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Net Profit
$87.31 K (USD)8as on Mar 31, 2024
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EBITDA
$274.09 K (USD)-13as on Mar 31, 2024
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Total Equity Funding
$27 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series A
Sep 01, 2025
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Investors
Ankur Capital
& 3 more
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Employee Count
Employee Count
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Products & Services of Offgrid Energy Labs
Offgrid Energy Labs offers a comprehensive portfolio of products and services, including ZincGel Battery. 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.
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 Total Funding
- Total Rounds 3
- Last Round Series A — $15.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series A - Offgrid Energy Labs | Valuation | Archean Chemical Industries | |
| Jan, 2025 | Amount | Series A - Offgrid Energy Labs | Valuation |
investors |
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| Feb, 2022 | Amount | Seed - Offgrid Energy Labs | Valuation | Ankur Capital , Action Potential Venture Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments in digital, climate, and deep science technologies.
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Founded Year | Domain | Location | |
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Stage-agnostic investments in US life sciences are pursued.
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Founded Year | Domain | Location | |
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Energy sectors are targeted by Shell-backed accelerator program.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Offgrid Energy Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Offgrid Energy Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Offgrid Energy Labs Comparisons
Competitors of Offgrid Energy Labs
Offgrid Energy Labs 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 Ambri, EnZinc, Hydrostor, Cheesecake Energy and Raygen, 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 |
Liquid metal batteries are provided for long-duration energy storage.
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| domain | founded_year | HQ Location |
Rechargeable zinc anode batteries are developed for various energy applications.
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| domain | founded_year | HQ Location |
Compressed air is stored underwater for electricity generation.
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| domain | founded_year | HQ Location |
Solutions for compressed air energy storage systems are provided.
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| domain | founded_year | HQ Location |
Advanced solar CPV systems using mirrors are provided by Raygen.
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| domain | founded_year | HQ Location |
Provider of pumped hydro based energy storage system
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Offgrid Energy Labs
Frequently Asked Questions about Offgrid Energy Labs
When was Offgrid Energy Labs founded?
Offgrid Energy Labs was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Offgrid Energy Labs located?
Offgrid Energy Labs is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Offgrid Energy Labs?
Tejas Kusurkar is the current CEO of Offgrid Energy Labs. They have also founded this company.
Is Offgrid Energy Labs a funded company?
Offgrid Energy Labs is a funded company, having raised a total of $27M across 3 funding rounds to date.
What is the annual revenue of Offgrid Energy Labs?
Annual revenue of Offgrid Energy Labs is $762.08K as on Mar 31, 2024.
What does Offgrid Energy Labs do?
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.
Who are the top competitors of Offgrid Energy Labs?
What products or services does Offgrid Energy Labs offer?
Offgrid Energy Labs offers ZincGel Battery.
Who are Offgrid Energy Labs's investors?
Offgrid Energy Labs has 4 investors. Key investors include Ankur Capital, Archean Chemical Industries, Action Potential Venture Capital, and Shell E4.