About Prayogik
Prayogik is an Energy & Utilities company based in Bhopal (India) founded in 2019 by Vijay Mamtani. Developer of thermo-electric module static generator DC power for power applications. Prayogik has raised $39.79 thousand across 1 funding round from investors including GAIL. Prayogik was last valued at $399.28 thousand in February 2022. Prayogik offers products and services including TMSG-DC-250, FCSG-DC, B-TMSG-DC, and W-HMS. Its focus areas include Energy Tech, Oil & Gas Tech, Tech for Vertically Integrated Players and Remote Power Generation.
Company details
Prayogik was founded in 2019 in Bhopal, India, with operations centered on the energy sector. Remote power supply solutions are provided to oil and gas companies through the manufacture of thermoelectric static generators. These devices supply DC power for applications such as remote wells, pipeline cathodic protection, and motor-operated valves, supporting infrastructure in isolated locations.
- Headquarters Bhopal, India
- Founders Vijay Mamtani
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website prayogik.in
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$39.79K (USD)
in 1 rounds
- Latest Funding Round$39.79K (USD), Seed
Feb 2022
- Investors
Associated legal entities of Prayogik
Prayogik is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prayogik Energy Private Limited CIN U31909GJ2019PTC108611 | Active | 12 Jun 2019 | Ahmedabad, Gujarat | ₹0.1 Cr | 2 | View details | |
| Prayogik Technologies Private Limited CIN U31100MP2019PTC048210 | Active | 29 Mar 2019 | Bhopal, Madhya Pradesh | ₹0.1 Cr | 2 | View details | |
| Prayogik Solutions Private Limited CIN U72900MH2021PTC362788 | Active | 26 Jun 2021 | Nagpur, Maharashtra | ₹0.2 Cr | 2 | View details |
Products & Services of Prayogik
Prayogik offers a comprehensive portfolio of products and services, including TMSG-DC-250, FCSG-DC, B-TMSG-DC, and W-HMS.
Thermoelectric generator for remote energy applications.
Provides efficient power for industrial uses.
System for optimizing battery performance in remote setups.
Health monitoring device for harsh environments.
Apps and channels of Prayogik
its YouTube channel PRAYOGIK has 2 subscribers.
Funding Insights of Prayogik
Prayogik has successfully raised a total of $39.79K through 1 strategic funding round. The most recent funding activity was a Seed round of $39.79 thousand completed in February 2022. 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.
- Total Funding $39,786
- Total Rounds 1
- Last Round Seed — $39,786
- First Round $39,786
(Feb 2022)
- Investors Count 1
All 1 funding rounds of Prayogik 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 |
|---|---|---|---|---|---|
| Feb 2022 | $39,786 | Seed | $399,282 | GAIL | – |
Last known valuation $399,282 (Feb 2022). 1 investors in total: 1 institutional.
Investors in Prayogik
Prayogik has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GAIL.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Natural gas exploration, production, transmission, marketing, and processing are conducted. | 1984 | gailonline.com | Delhi, India |
Investor details for Prayogik
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 Prayogik
The boards of the 3 registered companies of Prayogik currently have 4 directors; the longest-serving is Dileep Kumar, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dileep Kumar DIN 07527377 | Director | 29 Mar 2019 | 7 yrs 7 mo | Prayogik Technologies Private Limited |
| Rashmi Singh DIN 08479293 | Director | 12 Jun 2019 | 7 yrs 4 mo | Prayogik Energy Private Limited |
| Vijay Mamtani DIN 07518886 | Director | 12 Jun 2019 | 7 yrs 4 mo | Prayogik Energy Private Limited, Prayogik Solutions Private Limited, Prayogik Technologies Private Limited |
| Moiz Zaki DIN 09217070 | Director | 26 Jun 2021 | 5 yrs 4 mo | Prayogik Solutions Private Limited |
People of Prayogik
1 people are tracked at Prayogik (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Prayogik
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 Prayogik
Figures of Prayogik Energy Private Limited, the primary company behind Prayogik, for FY 2024. Revenue was ₹5.1 Lakh (+518% year on year). Net profit was ₹2.1 Lakh (41% margin). EBITDA was ₹2.1 Lakh (41% margin). Revenue has grown at a compounded annual rate of +113% over three years.
- ₹5.1 LakhRevenue · FY 2024 · +518% YoY
- ₹2.1 LakhNet profit · 41% margin
- ₹2.1 LakhEBITDA · 41% margin
- ₹5.5 LakhPaid-up capital
- +113%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Prayogik Energy Private Limited are on its company page.
Detailed financial statements for Prayogik
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 Prayogik
2 dated milestones of Prayogik across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Prayogik is founded.
- Funding First funding round of $40K.
Web traffic of Prayogik
The website of Prayogik (prayogik.in) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 34.8% vs previous month
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Frequently Asked Questions about Prayogik
Prayogik was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Prayogik is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.
Prayogik is a funded company, having raised a total of $39.79K across 1 funding round to date. The company's 1st funding round was a Seed of $39.79K, raised on Feb 2022.
Prayogik was founded in 2019 in Bhopal, India, with operations centered on the energy sector. Remote power supply solutions are provided to oil and gas companies through the manufacture of thermoelectric static generators. These devices supply DC power for applications such as remote wells, pipeline cathodic protection, and motor-operated valves, supporting infrastructure in isolated locations.
Prayogik offers TMSG-DC-250, FCSG-DC, B-TMSG-DC, and W-HMS.
Prayogik has 1 investor. Key investors include GAIL.
The valuation of Prayogik is $399.28K as of Feb 2022.
Prayogik is associated with 3 legal entities: Prayogik Energy Private Limited, Prayogik Solutions Private Limited, Prayogik Technologies Private Limited.
The legal entities of Prayogik currently have 4 directors, including Rashmi Singh, Vijay Mamtani, Moiz Zaki and others.