About Power Exchange India
Power Exchange India is a Financial Services company based in Mumbai (India) founded in 2008. Energy trading and exchange services in India. It operates on a B2B and B2C model in Financial Services and Energy & Utilities sectors. The company has 59 employees. Its Indian entity Power Exchange India Limited reported revenue of ₹100 Cr. Power Exchange India offers products and services including Power Trading Services and Green Energy Contracts. Its focus areas include Energy, Power Trading, Electricity Exchange and Real-Time Market Services.
Company details
PXIL, known as Power Exchange India Limited, is recognized for facilitating electricity trading through platforms like DAS, G-DAS, and RTM, where market clearing prices are calculated for different time slots. Comments are invited on new contracts such as Green-Real Time Market and High Price-Real Time Market to enhance trading options. The exchange provides data on average and weighted prices, ensuring participants can access reliable information. Operations are conducted in a structured manner, with a focus on real-time and day-ahead sessions, though browser updates are recommended for optimal access. This setup supports efficient energy market interactions in India.
- Headquarters Mumbai, India
- Employees 59
- SectorsFinancial ServicesEnergy & Utilities
- Website powerexindia.com
- Social LinkedIn X Facebook
- Legal Name Power Exchange India Limited
- Date of Incorporation 20 Feb, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹100 Cr
FY 2026 · +8% YoY
- Net Profit₹37.05 Cr
FY 2026 · 37% margin
- EBITDA₹53.68 Cr
FY 2026 · 53% margin
- Employee Count59
Associated legal entities of Power Exchange India
Power Exchange India operates through Power Exchange India Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Power Exchange India Limited CIN U74900MH2008PLC179152 | Active | 20 Feb 2008 | Mumbai, Maharashtra | ₹100 Cr | 59 | 16 | View details |
Products & Services of Power Exchange India
Power Exchange India offers a comprehensive portfolio of products and services, including Power Trading Services and Green Energy Contracts.
Electricity trading is facilitated through mechanisms like DAS and RTM, where prices are determined for various time slots
Contracts for green real-time markets are offered, allowing trading in environmentally focused energy options
Funding Insights of Power Exchange India
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Power Exchange India 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 |
|---|---|---|---|---|---|
| Apr 2024 | Seed | – | BanyanTree India Growth Capital Fund | – |
1 investors in total: 1 institutional.
Investors in Power Exchange India
Power Exchange India has secured backing from 1 investor. Prominent investors backing the company include BanyanTree India Growth Capital Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| banyantreeindiagrowthcapitalfund.tcc.mode |
Investor details for Power Exchange India
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Power Exchange India Limited (Power Exchange India)
Power Exchange India Limited is the primary company behind Power Exchange India. The board of Power Exchange India Limited currently have 12 directors; the longest-serving is Pramod Kumar Vaishya, appointed in 2015. 43 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pramod Kumar Vaishya DIN 00144142 | Director | 27 Aug 2015 | 11 yrs 2 mo | Power Exchange India Limited |
| Atul Roongta DIN 07878061 | Director | 01 Dec 2017 | 8 yrs 10 mo | Power Exchange India Limited |
| Ashok Sethi DIN 01741911 | Director | 16 Feb 2023 | 3 yrs 8 mo | Power Exchange India Limited |
| Harish Ahuja DIN 07606661 | Director | 18 May 2023 | 3 yrs 5 mo | Power Exchange India Limited |
| Satyajit Ganguly DIN 06961418 | Managing Director | 27 Jun 2023 | 3 yrs 4 mo | Power Exchange India Limited |
| Avinash Mohan DIN 10216884 | Director | 08 Aug 2023 | 3 yrs 2 mo | Power Exchange India Limited |
| Deepak Jinvardas Lad DIN 01970020 | Director | 01 Apr 2024 | 2 yrs 7 mo | Power Exchange India Limited |
| Rajiv Mishra Ranjan DIN 06480792 | Director | 01 Apr 2024 | 2 yrs 7 mo | Power Exchange India Limited |
| Ian Gerard Desouza DIN 10721685 | Director | 06 Aug 2024 | 2 yrs 2 mo | Power Exchange India Limited |
| Alok Kumar DIN 06517942 | Director | 15 Apr 2025 | 1 yr 6 mo | Power Exchange India Limited |
| Arvind Gaurishankar Singh DIN 02780573 | Director | 15 Apr 2025 | 1 yr 6 mo | Power Exchange India Limited |
| Vivek Singla DIN 03548350 | CEO | 10 Nov 2025 | 11 mo | Power Exchange India Limited |
Financials of Power Exchange India
Figures of Power Exchange India Limited, the primary company behind Power Exchange India, for FY 2026. Revenue was ₹100 Cr (+8% year on year). Net profit was ₹37.05 Cr (37% margin). EBITDA was ₹53.68 Cr (53% margin). Revenue has grown at a compounded annual rate of +22% over three years.
- ₹100 CrRevenue · FY 2026 · +8% YoY
- ₹37.05 CrNet profit · 37% margin
- ₹53.68 CrEBITDA · 53% margin
- ₹58.47 CrPaid-up capital
- 59Employees (provident fund records)
- +22%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Power Exchange India Limited are on its company page.
Detailed financial statements for Power Exchange India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Power Exchange India
2 dated milestones of Power Exchange India across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Power Exchange India is founded.
- Funding First funding round.
Web traffic of Power Exchange India
Websites that share an audience with Power Exchange India (powerexindia.com).
Websites whose visitors overlap most with Power Exchange India. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
theofficialboard.com.br | theofficialboard.com.br | 100% | #2,075,633 | – | |
| recindia.nic.in | 84% | 64.4K | #510,041 | View details | |
cercind.gov.in | cercind.gov.in | 84% | #512,992 | – | |
moef.nic.in | moef.nic.in | 84% | #5,872,964 | – | |
cfsindia.org.in | cfsindia.org.in | 51% | – |
Top companies in Financial Exchanges
3 companies that operate in the same segment as Power Exchange India (Financial Exchanges) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Power trading services are facilitated via an automated platform. | 2007 | Delhi, Delhi, India | USD 30.02 M | USD 65.65 M | 179 | |
Equities and securities are traded on India's oldest stock exchange. | 1875 | Mumbai, Maharashtra, India | USD 42.77 M | USD 544.53 M | 1,520 | |
Stock exchange services including equities and derivatives are offered. | 1992 | Mumbai, Maharashtra, India | USD 483.36 M | USD 2.06 B |
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Related news about Power Exchange India
Complete news archive for Power Exchange India
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Frequently Asked Questions about Power Exchange India
Power Exchange India was founded in 2008 and raised its 1st funding round 16 years after it was founded.
Power Exchange India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Power Exchange India has 59 employees.
The primary company behind Power Exchange India, Power Exchange India Limited, reported revenue of ₹100 Cr for FY 2026, up 8% year on year.
PXIL, known as Power Exchange India Limited, is recognized for facilitating electricity trading through platforms like DAS, G-DAS, and RTM, where market clearing prices are calculated for different time slots. Comments are invited on new contracts such as Green-Real Time Market and High Price-Real Time Market to enhance trading options. The exchange provides data on average and weighted prices, ensuring participants can access reliable information. Operations are conducted in a structured manner, with a focus on real-time and day-ahead sessions, though browser updates are recommended for optimal access. This setup supports efficient energy market interactions in India.
Power Exchange India offers Power Trading Services and Green Energy Contracts.
Power Exchange India has 1 investor. Key investors include BanyanTree India Growth Capital Fund.
Power Exchange India operates through Power Exchange India Limited.
The legal entities of Power Exchange India currently have 14 directors, including Satyajit Ganguly, Avinash Mohan, Deepak Jinvardas Lad and others.