About Panitek
Panitek is an Energy & Utilities company based in Zurich (Switzerland) founded in 2006. Venture builder transforming cleantech by linking tech providers, advising businesses, and scaling ventures in India. It operates on a B2B and Marketplace model. Its Indian entity Panitek Power Private Limited reported revenue of ₹2.85 Cr. Panitek offers products and services including Venture Building Services, Market Entry Strategies, and Partnership Facilitation. Its focus areas include Energy and Utilities, Smart Grid Tech, Energy Networks and Grid Stability.
Company details
Panitek operates as a venture builder focused on cleantech, connecting European technology providers with buyers in India. It advises businesses on market entry strategies, localizes technologies, and builds joint ventures through co-investment. Based in Switzerland with subsidiaries in India and the UK, Panitek fosters growth in smart cities, energy storage, and circular economy sectors. It serves cleantech innovators, Indian businesses, and investors by facilitating commercialization and sustainability initiatives.
- Headquarters Zurich, Switzerland
- SectorsEnergy & Utilities
- Email••••••••
- Website panitek.com
- Social LinkedIn YouTube
- Legal Name Panitek Power Private Limited
- Date of Incorporation 01 Dec, 2016
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹2.85 Cr
FY 2024 · +191% YoY
- Indian entity net profit₹42.4 Lakh
FY 2024 · 15% margin
- Indian entity EBITDA₹49.3 Lakh
FY 2024 · 17% margin
Associated legal entities of Panitek
Panitek operates through Panitek Power 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 |
|---|---|---|---|---|---|---|---|
| Panitek Power Private Limited CIN U74999DL2016FTC308758 | Active | 01 Dec 2016 | New Delhi, Delhi | ₹2.8 Cr | 3 | 5 | View details |
Products & Services of Panitek
Panitek offers a comprehensive portfolio of products and services, including Venture Building Services, Market Entry Strategies, and Partnership Facilitation.
Advising on cleantech market entry and scaling operations in India.
Developing tailored plans for technology commercialization in emerging markets.
Connecting providers with buyers for cleantech innovation and growth.
Apps and channels of Panitek
its YouTube channel Panitek Power has 32 subscribers and 7 videos.
Videos from Panitek
The most watched videos on Panitek's YouTube channel, Panitek Power (32 subscribers). Click a video to play it here.
More on Panitek Power.
Board of directors of Panitek Power Private Limited (Panitek)
Panitek Power Private Limited is the primary company behind Panitek. The board of Panitek Power Private Limited currently have 4 directors; the longest-serving is Pankaj Agarwal, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Agarwal DIN 01870235 | Director | 01 Dec 2016 | 9 yrs 10 mo | Panitek Power Private Limited |
| Vikas Agarwal DIN 02951506 | Director | 30 Dec 2016 | 9 yrs 9 mo | Panitek Power Private Limited |
| Rakesh Singhania DIN 00298696 | Director | 16 Apr 2021 | 5 yrs 6 mo | Panitek Power Private Limited |
| Rahul Banerjee DIN 07356157 | CEO | 03 Oct 2023 | 3 yrs | Panitek Power Private Limited |
Financials of Panitek
Figures of Panitek Power Private Limited, the primary company behind Panitek, for FY 2024. Revenue was ₹2.85 Cr (+191% year on year). Net profit was ₹42.4 Lakh (15% margin). EBITDA was ₹49.3 Lakh (17% margin). Revenue has grown at a compounded annual rate of +76% over three years and +18% over five years.
- ₹2.85 CrRevenue · FY 2024 · +191% YoY
- ₹42.4 LakhNet profit · 15% margin
- ₹49.3 LakhEBITDA · 17% margin
- ₹27 LakhPaid-up capital
- 3Employees (provident fund records)
- +76%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Panitek Power Private Limited are on its company page.
Detailed financial statements for Panitek
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Panitek
Panitek was founded in 2006.
Panitek is headquartered in Zurich, Switzerland.
The primary company behind Panitek, Panitek Power Private Limited, reported revenue of ₹2.85 Cr for FY 2024, up 191% year on year.
Panitek operates as a venture builder focused on cleantech, connecting European technology providers with buyers in India. It advises businesses on market entry strategies, localizes technologies, and builds joint ventures through co-investment. Based in Switzerland with subsidiaries in India and the UK, Panitek fosters growth in smart cities, energy storage, and circular economy sectors. It serves cleantech innovators, Indian businesses, and investors by facilitating commercialization and sustainability initiatives.
Panitek offers Venture Building Services, Market Entry Strategies, and Partnership Facilitation.
Panitek operates through Panitek Power Private Limited.
The legal entities of Panitek currently have 4 directors, including Vikas Agarwal, Rahul Banerjee, Pankaj Agarwal and others.