About Oilmax Energy
Oilmax Energy is a company based in Mumbai (India) founded in 2008 by Kapil Garg and Ritu Garg. Oilmax Energy has raised $42.21 million across 4 funding rounds from investors including Sammy’s Dreamland. The company has 95 employees as of March 18, 2025. Oilmax Energy offers products and services including Oil Exploration and Production and Hydrocarbon Marketing.
- Headquarter Mumbai, India
- Employees 95 as on 18 Mar, 2025
- Founders Kapil Garg, Ritu Garg
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Oilmax Energy Private Limited
- Date of Incorporation 02 Aug, 2008
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$48.32 M (USD)69.12as on Mar 31, 2024
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Net Profit
$3.16 M (USD)222.9as on Mar 31, 2024
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EBITDA
$36.33 M (USD)98.78as on Mar 31, 2024
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Total Equity Funding
$42.21 M (USD)
in 4 rounds
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Latest Funding Round
$3.93 M (USD), Series A
Jan 10, 2018
- Investors
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Employee Count
95
as on Mar 18, 2025
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Products & Services of Oilmax Energy
Oilmax Energy offers a comprehensive portfolio of products and services, including Oil Exploration and Production and Hydrocarbon Marketing.
Exploration and production services are offered for oil and gas assets, focusing on undervalued developments at reduced costs while maintaining quality standards
Hydrocarbon marketing services are provided as part of the upstream value chain, ensuring balanced portfolio management and innovative technology adoption
People of Oilmax Energy
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Funding Insights of Oilmax Energy
Oilmax Energy has successfully raised a total of $42.21M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.93 million completed in January 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.
Investors in Oilmax Energy
Oilmax Energy has secured backing from 1 investor. Prominent investors backing the company include Sammy’s Dreamland.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Real estate project development services are offered in India.
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Locked | Locked | Locked |
Investor details for Oilmax Energy
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Investments & Acquisitions by Oilmax Energy
Investment portfolio details for Oilmax Energy
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Financial Statements - Oilmax Energy
Detailed financials for Oilmax Energy
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Oilmax Energy Comparisons
Peer comparison for Oilmax Energy
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Competitors of Oilmax Energy
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Latest news on Oilmax Energy
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Frequently Asked Questions about Oilmax Energy
Oilmax Energy was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Oilmax Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Oilmax Energy is a funded company, having raised a total of $42.21M across 4 funding rounds to date.
As of Mar 18, 2025, the latest employee count at Oilmax Energy is 95.
Annual revenue of Oilmax Energy is $48.32M as on Mar 31, 2024.
Oilmax Energy was established in 2008 in Mumbai, India, as an integrated entity in the oil and gas sector. Upstream activities are encompassed, from exploration and production to operations, maintenance, and hydrocarbon marketing. Low-cost, high-value assets are acquired and developed through innovative technology across multiple projects, where joint ownership and operational roles are undertaken. A diversified group of associated companies is engaged in agritech and electric mobility sectors.
Oilmax Energy offers Oil Exploration and Production and Hydrocarbon Marketing.
Oilmax Energy has 1 investor. Key investors include Sammy’s Dreamland.
The valuation of Oilmax Energy is $229.66M as of May 2017.