About Power Anser Labs
Power Anser Labs is a company based in Mumbai (India) founded in 2015 by Prashant Navalkar.. Power Anser Labs offers products and services including Expansion Planning Tool, Transmission Cost Tool, Forecasting Tools, Portfolio Optimization Tool, and Bid Matching Tool. Power Anser Labs operates in a competitive market with competitors including Trilliant, Volue, GridPoint, envelio and IQGeo, among others.
- Headquarter Mumbai, India
- Founders Prashant Navalkar
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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- Legal Name Power Anser Labs Private Limited
- Date of Incorporation 09 Feb, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$98.08 K (USD)66.77as on Mar 31, 2022
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Net Profit
$9.81 K (USD)2339.96as on Mar 31, 2022
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EBITDA
$72.6 K (USD)59.78as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2016 | Amount | Seed - Power Anser Labs | Valuation | SINE |
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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 Power Anser Labs
Power Anser Labs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SINE. 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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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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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 Power Anser Labs
| 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 - Power Anser Labs
| 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 |
Power Anser Labs Comparisons
Competitors of Power Anser Labs
Power Anser Labs 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 Trilliant, Volue, GridPoint, envelio and IQGeo, 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 |
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| domain | founded_year | HQ Location |
Provider of communication systems and software platforms for smart grid applications
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Solutions for portfolio and project management are provided.
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| domain | founded_year | HQ Location |
Provider of data-driven energy management solutions
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| domain | founded_year | HQ Location |
AI-driven grid management software solutions are provided for energy operations.
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| domain | founded_year | HQ Location |
Provider of enterprise software solutions for digital transformation
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| domain | founded_year | HQ Location |
App-based power control devices and EV charging solutions are offered.
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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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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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Frequently Asked Questions about Power Anser Labs
When was Power Anser Labs founded?
Power Anser Labs was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Power Anser Labs located?
Power Anser Labs is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
What is the annual revenue of Power Anser Labs?
Annual revenue of Power Anser Labs is $98.08K as on Mar 31, 2022.
What does Power Anser Labs do?
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.
Who are the top competitors of Power Anser Labs?
Power Anser Labs's top competitors include envelio, Reactive Technologies and Trilliant.
What products or services does Power Anser Labs offer?
Power Anser Labs offers Expansion Planning Tool, Transmission Cost Tool, Forecasting Tools, Portfolio Optimization Tool, and Bid Matching Tool.
Who are Power Anser Labs's investors?
Power Anser Labs has 1 investor. Key investors include SINE.
What is Power Anser Labs's valuation?
The valuation of Power Anser Labs is $187.05K as of Aug 2016.