About Power Anser Labs
Power Anser Labs is an Energy & Utilities company based in Mumbai (India) founded in 2015 by Prashant Navalkar. Power sector planning and forecasting tools are provided. Power Anser Labs was last valued at $187.05 thousand in August 2016. Its Indian entity Power Anser Labs Private Limited reported revenue of ₹1.39 Cr. Power Anser Labs offers products and services including Expansion Planning Tool, Transmission Cost Tool, Forecasting Tools, Portfolio Optimization Tool, and Bid Matching Tool. Its focus areas include Energy Tech, Smart Grid, Grid Management and Diversified.
Company details
Power Anser Labs was founded in 2015 and is based in Mumbai, India. Operations focus on the power sector, where tools for short-term expansion planning, transmission analysis, forecasting, portfolio optimization, and bid matching are developed and offered as standalone products. Implementation services are also provided to support their use. Expertise in these areas has been built through over a decade of research and development.
- Headquarters Mumbai, India
- Founders Prashant Navalkar
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website poweranserlabs.com
- Legal Name Power Anser Labs Private Limited
- Date of Incorporation 09 Feb, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.39 Cr
FY 2025 · +90% YoY
- Net Profit₹13.6 Lakh
FY 2025 · 10% margin
- EBITDA₹22.6 Lakh
FY 2025 · 16% margin
- Investors
Associated legal entities of Power Anser Labs
Power Anser Labs operates through Power Anser Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Power Anser Labs Private Limited CIN U74120MH2015PTC261698 | Active | 09 Feb 2015 | Mumbai, Maharashtra | ₹1.4 Cr | 3 | View details |
Products & Services of Power Anser Labs
Power Anser Labs offers a comprehensive portfolio of products and services, including Expansion Planning Tool, Transmission Cost Tool, Forecasting Tools, Portfolio Optimization Tool, and Bid Matching Tool.
Software for short-term power sector expansion planning and strategy.
Tool for calculating transmission costs and losses in power systems.
Applications for short-term and long-term power sector forecasting needs.
Software for optimizing power portfolios and resource allocation.
Tool for power exchange bid matching and transaction efficiency.
Funding Insights of Power Anser Labs
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Power Anser Labs 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 2016 | Seed | $187,050 | SINE | – |
Last known valuation $187,050 (Aug 2016). 1 investors in total: 1 institutional.
Investors in Power Anser Labs
Power Anser Labs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SINE.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay. | sineiitb.org | Mumbai, India |
Investor details for Power Anser Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Power Anser Labs Private Limited (Power Anser Labs)
Power Anser Labs Private Limited is the primary company behind Power Anser Labs. The board of Power Anser Labs Private Limited currently have 3 directors; the longest-serving is Prashant Vithal Navalkar, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashant Vithal Navalkar DIN 07058190 | Director | 09 Feb 2015 | 11 yrs 8 mo | Power Anser Labs Private Limited |
| Shreevardhan Arun Soman DIN 06966302 | Director | 09 Feb 2015 | 11 yrs 8 mo | Power Anser Labs Private Limited |
| Rajeev Kumar Gajbhiye DIN 06966290 | Director | 09 Feb 2015 | 11 yrs 8 mo | Power Anser Labs Private Limited |
People of Power Anser Labs
1 people are tracked at Power Anser Labs (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Power Anser Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Power Anser Labs
Figures of Power Anser Labs Private Limited, the primary company behind Power Anser Labs, for FY 2025. Revenue was ₹1.39 Cr (+90% year on year). Net profit was ₹13.6 Lakh (10% margin). EBITDA was ₹22.6 Lakh (16% margin). Revenue has grown at a compounded annual rate of +20% over three years and +31% over five years.
- ₹1.39 CrRevenue · FY 2025 · +90% YoY
- ₹13.6 LakhNet profit · 10% margin
- ₹22.6 LakhEBITDA · 16% margin
- ₹1.8 LakhPaid-up capital
- +20%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Power Anser Labs Private Limited are on its company page.
Detailed financial statements for Power Anser Labs
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.
Timeline of Power Anser Labs
2 dated milestones of Power Anser Labs across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Power Anser Labs is founded.
- Funding First funding round.
Top companies in Smart Grid & Transmission Systems
2 companies that operate in the same segment as Power Anser Labs (Smart Grid & Transmission Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | USD 504.88 M | 1,430 |
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Frequently Asked Questions about Power Anser Labs
Power Anser Labs was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Power Anser Labs is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Power Anser Labs, Power Anser Labs Private Limited, reported revenue of ₹1.39 Cr for FY 2025, up 90% year on year.
Power Anser Labs was founded in 2015 and is based in Mumbai, India. Operations focus on the power sector, where tools for short-term expansion planning, transmission analysis, forecasting, portfolio optimization, and bid matching are developed and offered as standalone products. Implementation services are also provided to support their use. Expertise in these areas has been built through over a decade of research and development.
Power Anser Labs offers Expansion Planning Tool, Transmission Cost Tool, Forecasting Tools, Portfolio Optimization Tool, and Bid Matching Tool.
Power Anser Labs has 1 investor. Key investors include SINE.
The valuation of Power Anser Labs is $187.05K as of Aug 2016.
Power Anser Labs operates through Power Anser Labs Private Limited.
The legal entities of Power Anser Labs currently have 3 directors, including Prashant Vithal Navalkar, Shreevardhan Arun Soman, Rajeev Kumar Gajbhiye.