About PV Diagnostics
PV Diagnostics is a company based in Mumbai (India) founded in 2017 was acquired by SolarSquare in February 2024.. PV Diagnostics has raised $170.21 thousand across 1 funding round from investors including SolarSquare, Vinay Kumar Pabba and Venkata Prasad. The company has 37 employees as of April 07, 2024. PV Diagnostics operates in a competitive market with competitors including Lightsource BP, CleanMax, Freyr Energy, Fourth Partner Energy and Sterling And Wilson, among others.
- Headquarter Mumbai, India
- Employees 37 as on 07 Apr, 2024
- Stage Minicorn
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name Fototentia Diagnostics Private Limited
- Date of Incorporation 19 Jul, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$401.82 K (USD)48.18as on Mar 31, 2022
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Net Profit
$21.22 K (USD)185.59as on Mar 31, 2022
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EBITDA
$39.19 K (USD)251.58as on Mar 31, 2022
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Total Equity Funding
$170.21 K (USD)
in 1 rounds
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Latest Funding Round
$170.21 K (USD), Angel Round
Feb 17, 2020
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Investors
SolarSquare
& 5 more
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Employee Count
37
as on Apr 07, 2024
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Acquired by
SolarSquare
(Feb 14, 2024)
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Funding Insights of PV Diagnostics
PV Diagnostics has successfully raised a total of $170.21K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $170.21 thousand completed in February 2020. 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $170,211
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First Round
First Round
(17 Feb 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Angel Round - PV Diagnostics | Valuation | Vinay Kumar Pabba |
| 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 PV Diagnostics
PV Diagnostics has secured backing from 6 investors, including angel investors. Prominent investors backing the company include SolarSquare, Vinay Kumar Pabba and Venkata Prasad. 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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VK
Vinay Kumar Pabba |
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|
Founded Year | Domain | Location |
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VP
Venkata Prasad |
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|
Founded Year | Domain | Location |
|
RB
Ravindra Bidnur |
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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 PV Diagnostics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - PV Diagnostics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pv Diagnostics Comparisons
Competitors of PV Diagnostics
PV Diagnostics 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 Lightsource BP, CleanMax, Freyr Energy, Fourth Partner Energy and Sterling And Wilson, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
Solar energy projects are developed for commercial and industrial clients.
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| domain | founded_year | HQ Location |
Solar energy projects are developed for residential and commercial applications.
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| domain | founded_year | HQ Location |
On-grid and off-grid solar solutions and products are provided.
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| domain | founded_year | HQ Location |
EPC and MEP services are provided across diverse sectors.
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| domain | founded_year | HQ Location |
Provider of solar EPC, IPP services, and battery energy storage systems
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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| domain | founded_year | HQ Location |
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 PV Diagnostics
When was PV Diagnostics founded?
PV Diagnostics was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is PV Diagnostics located?
PV Diagnostics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is PV Diagnostics a funded company?
PV Diagnostics is a funded company, having raised a total of $170.21K across 1 funding round to date. The company's 1st funding round was a Angel Round of $170.21K, raised on Feb 17, 2020.
How many employees does PV Diagnostics have?
As of Apr 07, 2024, the latest employee count at PV Diagnostics is 37.
What is the annual revenue of PV Diagnostics?
Annual revenue of PV Diagnostics is $401.82K as on Mar 31, 2022.
What does PV Diagnostics do?
PV Diagnostics was established in 2017 and is headquartered in Mumbai, India. Operations are focused on the solar energy sector, where photovoltaic systems are installed and maintained. Services include site assessments, panel setups, and integration with existing grids, primarily serving clients in urban and regional areas of India. Diagnostic tools are utilized to ensure system efficiency and compliance with local regulations.
Who are the top competitors of PV Diagnostics?
PV Diagnostics's top competitors include Lightsource BP, CleanMax and Fourth Partner Energy.
Who are PV Diagnostics's investors?
PV Diagnostics has 6 investors. Key investors include SolarSquare, Vinay Kumar Pabba, Venkata Prasad, Ravindra Bidnur, and Ramanujan Krishnaiyengar Valmiki.
What is PV Diagnostics's valuation?
The valuation of PV Diagnostics is $1.01M as of Feb 2020.
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