About PowerSquare
PowerSquare is a company based in Bengaluru (India) founded in 2012 by Naveen Chava. PowerSquare has raised $1.21 million across 2 funding rounds from investors including Sicon Tech, Naveen Chava and Omphalos Ventures. PowerSquare operates in a competitive market with competitors including Resonant Link, Salcomp, Powermat, WiBotic and NuCurrent, among others.
- Headquarter Bengaluru, India
- Founders Naveen Chava
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Power Square India Private Limited
- Date of Incorporation 03 Sep, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$267.23 K (USD)-22.66as on Mar 31, 2021
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Net Profit
$55.32 K (USD)128.58as on Mar 31, 2021
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EBITDA
$20.99 K (USD)140.6as on Mar 31, 2021
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Total Equity Funding
$1.21 M (USD)
in 2 rounds
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Latest Funding Round
$702.75 K (USD), Seed
Dec 21, 2018
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Investors
Sicon Tech
& 2 more
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Employee Count
Not available
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Funding Insights of PowerSquare
PowerSquare has successfully raised a total of $1.21M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $702.75 thousand completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in PowerSquare
PowerSquare has secured backing from 3 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Sicon Tech, Naveen Chava and Omphalos Ventures.
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Early-stage investments are made by Omphalos Ventures in US firms.
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ASIC chips are designed, developed, and implemented for industrial applications.
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Naveen Chava |
Founder of HighRadius, active angel investor in Indian startups
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Investor details for PowerSquare
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Investments & Acquisitions by PowerSquare
Investment portfolio details for PowerSquare
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Financial Statements - PowerSquare
Detailed financials for PowerSquare
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Powersquare Comparisons
Peer comparison for PowerSquare
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Competitors of PowerSquare
PowerSquare 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 Resonant Link, Salcomp, Powermat, WiBotic and NuCurrent, among others.
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Wireless charging solutions are provided via self-resonant structure technology.
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Power supplies for mobile phones and electronic devices are manufactured.
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Induction-based wireless charging solutions are provided for mobile devices.
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Wireless charging solutions for industrial robots are provided.
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High-efficiency antennas for wireless charging are developed and supplied.
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Wireless charging solutions are manufactured for commercial and office spaces.
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Detailed competitors of PowerSquare
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Latest news on Powersquare
Complete news archive for PowerSquare
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Frequently Asked Questions about PowerSquare
PowerSquare was founded in 2012 and raised its 1st funding round 5 years after it was founded.
PowerSquare is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
PowerSquare is a funded company, having raised a total of $1.21M across 2 funding rounds to date.
Annual revenue of PowerSquare is $267.23K as on Mar 31, 2021.
PowerSquare was founded in 2012 in Bengaluru, India, as a manufacturer in the wireless charging sector. Operations focus on private-label production of electronics and accessories, including wireless charging cases, micro-USB receivers, and chargers under the Tango brand. Collaboration occurs with OEMs and ODMs for design and manufacturing processes, supporting global supply needs in consumer electronics.
PowerSquare has 3 investors. Key investors include Sicon Tech, Naveen Chava, and Omphalos Ventures.
The valuation of PowerSquare is $3.61M as of Dec 2018.