About PlugO
PlugO is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2018 by Nawal Lodha and Abhishek Kumar. Subscription-based online rental platform for power banks. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. The company has 1 employees. Its Indian entity Energy Swipe Technologies Private Limited reported revenue of ₹1.60 Cr. PlugO offers products and services including Plugo App and Power Bank Terminals. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Station Network. Its competitors include Bolt.Earth, Charge Zone and EVRE; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2018 in Mumbai, India, PlugO functions as a subscription-based rental platform in the consumer tech sector. Internet-connected vending terminals are deployed for automated power bank rentals. Access and monitoring are facilitated through a mobile app available on Android and iOS. Operations center on urban mobility solutions, with services extended to users seeking convenient charging options in the region.
- Headquarters Mumbai, India
- Employees 1
- Founders Nawal Lodha, Abhishek Kumar
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website plugo.io
- Social LinkedIn X Facebook Instagram
- Legal Name Energy Swipe Technologies Private Limited
- Date of Incorporation 06 Mar, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.60 Cr
FY 2025 · +180% YoY
- Net Profit₹77.6 Lakh
FY 2025 · 48% margin
- EBITDA₹89.7 Lakh
FY 2025 · 56% margin
- Investors
- Employee Count1
Associated legal entities of PlugO
PlugO is associated with 2 registered companies on The Company Check; the primary company is Energy Swipe Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Energy Swipe Technologies Private Limited CIN U74999KA2021PTC145007 | Active | 06 Mar 2021 | Bangalore, Karnataka | ₹1.6 Cr | 2 | View details | |
| Plugo India Private Limited CIN U51100MH2018PTC312882 | Active | 20 Aug 2018 | Mumbai, Maharashtra | ₹0.0 Cr | 17 | 2 | View details |
Products & Services of PlugO
PlugO offers a comprehensive portfolio of products and services, including Plugo App and Power Bank Terminals.
Mobile app for locating, renting, and returning power banks.
Automated stations dispensing and collecting power banks for charging.
Apps and channels of PlugO
PlugO publishes 1 mobile app with over 100K+ downloads.
Funding Insights of PlugO
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of PlugO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in PlugO
PlugO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Startup Karnataka.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India |
Investor details for PlugO
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Board of directors of Energy Swipe Technologies Private Limited (PlugO)
Energy Swipe Technologies Private Limited is the primary company behind PlugO. The boards of the 2 registered companies of PlugO currently have 4 directors; the longest-serving is Sandip Kedia, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandip Kedia DIN 01932288 | Director | 20 Aug 2018 | 8 yrs 2 mo | Plugo India Private Limited |
| Vishnukant Binod Kumar Paliwal DIN 00475087 | Director | 20 Aug 2018 | 8 yrs 2 mo | Plugo India Private Limited |
| Abhishek Kumar DIN 09095368 | Director | 06 Mar 2021 | 5 yrs 8 mo | Energy Swipe Technologies Private Limited |
| Nawal Kishore Lodha DIN 08967523 | Director | 06 Mar 2021 | 5 yrs 8 mo | Energy Swipe Technologies Private Limited |
People of PlugO
2 people are tracked at PlugO (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for PlugO
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of PlugO
Figures of Energy Swipe Technologies Private Limited, the primary company behind PlugO, for FY 2025. Revenue was ₹1.60 Cr (+180% year on year). Net profit was ₹77.6 Lakh (48% margin). EBITDA was ₹89.7 Lakh (56% margin). Revenue has grown at a compounded annual rate of +249% over three years.
- ₹1.60 CrRevenue · FY 2025 · +180% YoY
- ₹77.6 LakhNet profit · 48% margin
- ₹89.7 LakhEBITDA · 56% margin
- ₹1 LakhPaid-up capital
- +249%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Energy Swipe Technologies Private Limited are on its company page.
Detailed financial statements for PlugO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PlugO
2 dated milestones of PlugO across 1 years, from founding to its latest funding, stage changes and deals.
- Founded PlugO is founded.
- Funding First funding round.
Competitors of PlugO
PlugO has 3 listed competitors in our database, 3 of them funded. They include Bolt.Earth, Charge Zone and EVRE.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bolt.earth | 2017 | Bengaluru, India | $29.61M | 134 | EV charging hardware, software, and maintenance services are offered. | |
| chargezone.co.in | 2018 | Vadodara, India | $97.79M | 142 | Electric vehicle charging stations and management software are provided. | |
| evre.in | 2017 | Hyderabad, India | $4.81M | 637 | Electric vehicle charging solutions are offered via an integrated platform. |
Detailed competitors of PlugO
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Web traffic of PlugO
The website of PlugO (plugo.io) receives about 2K visits a month.
- Monthly visits2K
▼ 90.1% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as PlugO (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Related news about Plugo
Complete news archive for PlugO
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Frequently Asked Questions about PlugO
PlugO was founded in 2018 and raised its 1st funding round 1 year after it was founded.
PlugO is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
PlugO has 1 employees.
The primary company behind PlugO, Energy Swipe Technologies Private Limited, reported revenue of ₹1.60 Cr for FY 2025, up 180% year on year.
Founded in 2018 in Mumbai, India, PlugO functions as a subscription-based rental platform in the consumer tech sector. Internet-connected vending terminals are deployed for automated power bank rentals. Access and monitoring are facilitated through a mobile app available on Android and iOS. Operations center on urban mobility solutions, with services extended to users seeking convenient charging options in the region.
PlugO's top competitors include Bolt.Earth, Charge Zone and EVRE.
PlugO offers Plugo App and Power Bank Terminals.
PlugO has 1 investor. Key investors include Startup Karnataka.
PlugO is associated with 2 legal entities: Energy Swipe Technologies Private Limited, Plugo India Private Limited.
The legal entities of PlugO currently have 4 directors, including Abhishek Kumar, Nawal Kishore Lodha, Sandip Kedia and others.
Yes. PlugO publishes Plugo - Shared Power Banks | R, with over 100,000 downloads.