About OptimumP
OptimumP is an Energy & Utilities company based in Hyderabad (India) founded in 2021 by Mounish Seetha and Rahul Mandugula. It operates as a battery management systems are manufactured for lithium batteries. The company has 1 employees. Its Indian entity Optimump Private Limited reported revenue of ₹44.8 Lakh. Its focus areas include Energy, Energy Storage, Energy Tech and Energy Storage Tech. Its competitors include Zitara, Dukosi, Packet Digital, Element Energy and Brill Power and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
OptimumP was founded in 2021 and is based in Hyderabad, India. Operations focus on the manufacturing of battery management systems within the energy storage sector. These systems are designed to enhance safety, performance, and longevity for lithium-based batteries. The company is led by co-founders Mounish Seetha and Rahul Mandugula, who oversee development and operations from the Indian headquarters.
- Headquarters Hyderabad, India
- Employees 1
- Founders Mounish Seetha, Rahul Mandugula
- SectorsEnergy & Utilities
- Email••••••••
- Website optimump.com
- Social LinkedIn
- Legal Name Optimump Private Limited
- Date of Incorporation 10 Mar, 2021
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹44.8 Lakh
FY 2024 · +752% YoY
- Net Loss-₹27.8 Lakh
FY 2024 · -62% margin
- EBITDA-₹26.3 Lakh
FY 2024 · -59% margin
- Employee Count1
Associated legal entities of OptimumP
OptimumP operates through Optimump Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Optimump Private Limited CIN U31909TG2021PTC149495 | Active | 10 Mar 2021 | Hyderabad, Telangana | ₹0.4 Cr | – | 6 | View details |
Board of directors of Optimump Private Limited (OptimumP)
Optimump Private Limited is the primary company behind OptimumP. The board of Optimump Private Limited currently have 6 directors; the longest-serving is Rahul Mandugula, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Mandugula DIN 09101207 | Director | 10 Mar 2021 | 5 yrs 7 mo | Optimump Private Limited |
| Prudhvi Bangaru DIN 07585168 | Director | 10 Mar 2021 | 5 yrs 7 mo | Optimump Private Limited |
| Mounish Patel Seetha DIN 08756123 | Managing Director | 10 Mar 2021 | 5 yrs 7 mo | Optimump Private Limited |
| Dontharapally Rajashekar Reddy DIN 09733318 | Director | 12 Sep 2022 | 4 yrs 1 mo | Optimump Private Limited |
| Bejjanki Amarendar Reddy DIN 09733310 | Director | 12 Sep 2022 | 4 yrs 1 mo | Optimump Private Limited |
| Mangesh Mettu DIN 09733311 | Director | 12 Sep 2022 | 4 yrs 1 mo | Optimump Private Limited |
People of OptimumP
2 people are tracked at OptimumP (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & COO | Leadership |
Complete people profiles for OptimumP
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of OptimumP
Figures of Optimump Private Limited, the primary company behind OptimumP, for FY 2024. Revenue was ₹44.8 Lakh (+752% year on year). Net loss was -₹27.8 Lakh (-62% margin). EBITDA was -₹26.3 Lakh (-59% margin).
- ₹44.8 LakhRevenue · FY 2024 · +752% YoY
- -₹27.8 LakhNet loss · -62% margin
- -₹26.3 LakhEBITDA · -59% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Optimump Private Limited are on its company page.
Detailed financial statements for OptimumP
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
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Competitors of OptimumP
OptimumP has 10 listed competitors in our database, 9 of them funded. They include Zitara, Dukosi, Packet Digital, Element Energy and Brill Power, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zitara.com | 2019 | San Francisco, United States | $29M | 37 | Cloud-based and embedded battery management software is provided for optimization. | |
| dukosi.com | 2003 | Edinburgh, United Kingdom | $12.35M | 63 | Designs smart energy storage systems | |
| packetdigital.com | 2003 | Fargo, United States | $11.69M | 21 | Batteries for unmanned aerial vehicles are developed and patented. | |
| elementenergy.com | 2009 | Los Altos, United States | $101M | – | Cost-effective battery management systems for lithium packs are developed. | |
| brillpower.com | 2015 | Oxford, United Kingdom | $16.41M | 32 | Battery management systems are developed for modular lithium battery packs. | |
| qnovo.com | 2009 | Milpitas, United States | $32.6M | 20 | Battery management software is developed for e-mobility applications. | |
| joulwatt.com | 2009 | Fremont, United States | – | – | Power electronics and BMS solutions are developed for industrial applications. | |
| relectrify.com | 2015 | Melbourne, Australia | $26.17M | – | Battery management system for reusing batteries | |
| webberec.com | 2019 | Pune, India | $122,090 | 43 | Designer and manufacturer battery management system, motor controller, and charger | |
| qoitech.com | 2017 | Lund, Sweden | $551,949 | – | Energy optimization solutions for IoT devices are developed by Qoitech. |
Detailed competitors of OptimumP
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Energy Storage
10 companies that operate in the same segment as OptimumP (Energy Storage), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of lithium battery modules | 1997 | Shenzhen, Guangdong, China | – | USD 9.01 B | 54,290 | |
Batteries and automotive components are manufactured by Amara Raja Group. | 1985 | Hyderabad, Telangana, India | – | – | – | |
Composite pressure cylinders are supplied for mobility and storage uses. | 2008 | Alesund, Møre And Romsdal, Norway | – | USD 292.68 M | 1,020 | |
Platinum, rhodium, and palladium-based materials are manufactured by Umicore. | 1805 | Brussels, Brussels-capital Region, Belgium | – | USD 292.16 K | 1 | |
Lithium-ion battery packs for EVs and energy storage are manufactured. | 2018 | Noida, Uttar Pradesh, India | USD 1.5 M | USD 31.66 M | 8 | |
Developer of bespoke power storage systems for industrial and grid applications | 2009 | Durham, North Carolina, United States | USD 276.49 M | – | – | |
Automotive batteries and solar products are manufactured by Livguard. | 2014 | Gurugram, Haryana, India | USD 65.14 M | USD 411.14 M | 1,737 | |
Batteries and energy storage systems are manufactured in various chemistries. | 1924 | New York, New York, United States | – | – | 32 | |
Exide is recognized as India's largest battery manufacturer. | 1947 | Kolkata, West Bengal, India | USD 220 M | USD 1.91 B | 20,690 | |
Free mobile charging kiosks are installed in retail stores. | 2012 | Philadelphia, Pennsylvania, United States | USD 35.85 M | – | 41 |
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Frequently Asked Questions about OptimumP
OptimumP was founded in 2021.
OptimumP is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
OptimumP has 1 employees.
The primary company behind OptimumP, Optimump Private Limited, reported revenue of ₹44.8 Lakh for FY 2024, up 752% year on year.
OptimumP was founded in 2021 and is based in Hyderabad, India. Operations focus on the manufacturing of battery management systems within the energy storage sector. These systems are designed to enhance safety, performance, and longevity for lithium-based batteries. The company is led by co-founders Mounish Seetha and Rahul Mandugula, who oversee development and operations from the Indian headquarters.
OptimumP's top competitors include Zitara, Brill Power and Dukosi.
OptimumP operates through Optimump Private Limited.
The legal entities of OptimumP currently have 6 directors, including Rahul Mandugula, Dontharapally Rajashekar Reddy, Bejjanki Amarendar Reddy and others.