About Onergy
Onergy is a company based in Kolkata (India) founded in 2009.. Onergy has raised $910.77 thousand across 5 funding rounds from investors including DOEN Foundation, Prakash Radhakrishna Rathi and Kusum Jaju. The company has 8 employees as of April 08, 2024. Onergy offers products and services including Solar Rooftop & Powerplant, Solar Water Pumps, and Solar Lighting. Onergy operates in a competitive market with competitors including SolarCity, Sunrun, Sunnova, SunPower and Vivint Solar, among others.
- Headquarter Kolkata, India
- Employees 8 as on 08 Apr, 2024
- Stage Minicorn
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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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- Legal Name Punam Energy Private Limited
- Date of Incorporation 07 Aug, 2009
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$1.45 M (USD)2.85as on Mar 31, 2023
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Net Profit
$28.93 K (USD)0.9as on Mar 31, 2023
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EBITDA
$88.17 K (USD)21.85as on Mar 31, 2023
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Total Equity Funding
$910.77 K (USD)
in 5 rounds
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Latest Funding Round
$252.75 K (USD), Seed
Dec 12, 2019
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Investors
DOEN Foundation
& 10 more
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Employee Count
8
as on Apr 08, 2024
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Products & Services of Onergy
Onergy offers a comprehensive portfolio of products and services, including Solar Rooftop & Powerplant, Solar Water Pumps, and Solar Lighting. 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.
Designs and installs solar systems for rooftops and power plants.
Provides pumps powered by solar energy for water management.
Offers lighting solutions using solar power for various uses.
Funding Insights of Onergy
Onergy has successfully raised a total of $910.77K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $252.75 thousand completed in December 2019. 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 5
- Last Round Seed — $252,752
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First Round
First Round
(16 Oct 2013)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Onergy | Valuation | DOEN Foundation | |
| Nov, 2017 | Amount | Seed - Onergy | Valuation | Ankita Pasari | |
| Sep, 2015 | Amount | Seed - Onergy | Valuation | DOEN Foundation |
| 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 Onergy
Onergy has secured backing from 11 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include DOEN Foundation, Prakash Radhakrishna Rathi and Kusum Jaju. 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 tech startups are supported via venture capital and acceleration.
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Founded Year | Domain | Location | |
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Sustainable, cultural, and social pioneers are supported by the foundation.
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Founded Year | Domain | Location | |
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Startup incubator
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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 Onergy
| 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 - Onergy
| 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 |
Onergy Comparisons
Competitors of Onergy
Onergy 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 SolarCity, Sunrun, Sunnova, SunPower and Vivint Solar, 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 power systems are designed, financed, and installed for clients.
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| domain | founded_year | HQ Location |
Solar energy services are provided to residential customers nationwide.
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| domain | founded_year | HQ Location |
Solar services are provided to residential and commercial customers.
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| domain | founded_year | HQ Location |
Silicon-based solar PV modules are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Provider of solar installation and designing services for residential
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| domain | founded_year | HQ Location |
Provider of solar panel installation services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Onergy
When was Onergy founded?
Onergy was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Where is Onergy located?
Onergy is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Is Onergy a funded company?
Onergy is a funded company, having raised a total of $910.77K across 5 funding rounds to date. The company's 1st funding round was a Seed of $353.69K, raised on Oct 16, 2013.
How many employees does Onergy have?
As of Apr 08, 2024, the latest employee count at Onergy is 8.
What is the annual revenue of Onergy?
Annual revenue of Onergy is $1.45M as on Mar 31, 2023.
What does Onergy do?
Onergy was founded in 2009 in Kolkata, India, within the solar energy sector. Comprehensive services encompassing design, engineering, manufacturing, installation, operations and maintenance, and consultancy are delivered. These support applications including solar rooftop power plants, water pumping systems, lighting solutions, and microgrids. Products such as solar televisions, computers, microgrids, and irrigation systems are also developed and supplied to address diverse energy needs.
Who are the top competitors of Onergy?
What products or services does Onergy offer?
Onergy offers Solar Rooftop & Powerplant, Solar Water Pumps, and Solar Lighting.
Who are Onergy's investors?
Onergy has 11 investors. Key investors include DOEN Foundation, Prakash Radhakrishna Rathi, Kusum Jaju, Deoki Nandan Jaju, and Ankita Pasari.
What is Onergy's valuation?
The valuation of Onergy is $2.74M as of Nov 2017.