About Orxa Energies
Orxa Energies is a company based in Bengaluru (India) founded in 2015 by Ranjita Ravi and Prajwal Sabnis.. Orxa Energies has raised $5.73 million across 4 funding rounds from investors including GAIL, Lectrix and Ashwin Ala. The company has 61 employees as of March 28, 2024. Orxa Energies operates in a competitive market with competitors including Ultraviolette, Oben Electric, Tork Motors, Motovolt and Greaves Electric Mobility, among others.
- Headquarter Bengaluru, India
- Employees 61 as on 28 Mar, 2024
- Founders Ranjita Ravi, Prajwal Sabnis
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Orxa Energies Private Limited
- Date of Incorporation 07 Aug, 2015
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$428.44 K (USD)433.03as on Mar 31, 2023
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Net Profit
$-500.75 K (USD)-99.27as on Mar 31, 2023
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EBITDA
$-438.86 K (USD)18.25as on Mar 31, 2023
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Total Equity Funding
$5.73 M (USD)
in 4 rounds
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Latest Funding Round
$4.29 M (USD), Seed
Jul 14, 2022
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Investors
GAIL
& 9 more
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Employee Count
61
as on Mar 28, 2024
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Funding Insights of Orxa Energies
Orxa Energies has successfully raised a total of $5.73M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4.29 million completed in July 2022. 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 4
- Last Round Seed — $4.3M
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First Round
First Round
(17 Aug 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Orxa Energies | Valuation | Lectrix |
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| Jun, 2021 | Amount | Angel Round - Orxa Energies | Valuation | Ashwin Ala , Pavan Juvvadi | |
| Dec, 2019 | Amount | Seed - Orxa Energies | Valuation | GAIL |
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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 Orxa Energies
Orxa Energies has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include GAIL, Lectrix and Ashwin Ala. 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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Electric rickshaws are developed and manufactured by Lectrix in India.
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Founded Year | Domain | Location | |
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Natural gas exploration, production, transmission, marketing, and processing are conducted.
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Founded Year | Domain | Location | |
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AA
Ashwin Ala |
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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 Orxa Energies
| 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 - Orxa Energies
| 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 |
Orxa Energies Comparisons
Competitors of Orxa Energies
Orxa Energies 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 Ultraviolette, Oben Electric, Tork Motors, Motovolt and Greaves Electric Mobility, 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 |
High-performance electric motorcycles for street and sports use are engineered.
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| domain | founded_year | HQ Location |
Electric motorcycles and components are designed and manufactured.
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| domain | founded_year | HQ Location |
Electric motorcycles with GPS trackers are manufactured by Tork Motors.
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| domain | founded_year | HQ Location |
Electric bicycles with advanced features are developed by Motovolt.
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| domain | founded_year | HQ Location |
Manufacturer of electric two and three-wheelers for personal and commercial use
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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 Orxa Energies
Frequently Asked Questions about Orxa Energies
When was Orxa Energies founded?
Orxa Energies was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Orxa Energies located?
Orxa Energies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Orxa Energies a funded company?
Orxa Energies is a funded company, having raised a total of $5.73M across 4 funding rounds to date. The company's 1st funding round was a Seed of $719.49K, raised on Aug 17, 2018.
How many employees does Orxa Energies have?
As of Mar 28, 2024, the latest employee count at Orxa Energies is 61.
What is the annual revenue of Orxa Energies?
Annual revenue of Orxa Energies is $428.44K as on Mar 31, 2023.
What does Orxa Energies do?
Orxa Energies was founded in 2015 in Bengaluru, India, and operates in the electric vehicle sector. Electric motorcycles are produced by the company, including the Mantis model equipped with a 200km range, variant colors, and swappable batteries. Proprietary battery packs for two-wheelers are also developed to support these operations. The focus remains on sustainable mobility solutions within the Indian market.
Who are the top competitors of Orxa Energies?
Orxa Energies's top competitors include Ultraviolette, Oben Electric and Tork Motors.
Who are Orxa Energies's investors?
What is Orxa Energies's valuation?
The valuation of Orxa Energies is $14.32M as of Jul 2022.