About PXIL
PXIL is a publicly listed company based in Mumbai (India) founded in 2008. Developer of electricity transmission based utility projects. The company has 59 employees. Its chief executive, as recorded, is Satyajit Ganguly. Its Indian entity Power Exchange India Limited reported revenue of ₹100 Cr. PXIL offers products and services including Energy Trading and Market Data Services. Its focus areas include Energy.
Company details
PXIL was established in 2008 and is headquartered in Mumbai, India. Operations are centered on the development of electricity transmission infrastructure and related utility projects within the power sector. Services encompass planning, execution, and management of transmission networks to support energy distribution. The company operates primarily in the Indian market, with leadership provided by CEO and Managing Director Satyajit Ganguly. Focus remains on infrastructure essential for reliable power supply.
- Headquarters Mumbai, India
- Employees 59
- Stage Public
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website powerexindia.in
- 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
- InvestorsNorwest Venture Partners
& 1 more
- Employee Count59
Associated legal entities of PXIL
PXIL 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 PXIL
PXIL offers a comprehensive portfolio of products and services, including Energy Trading and Market Data Services.
Trading in electricity markets is conducted through various sessions and contracts
Real-time market data is provided for price monitoring and analysis in energy exchanges
Funding Insights of PXIL
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of PXIL 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 2025 | Post-IPO | – | – | ||
| Jun 2024 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in PXIL
PXIL has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners and BanyanTree Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Investment firm engaging in diverse sector partnerships in India. | 2008 | banyantreefinance.com | Mumbai, India |
Investor details for PXIL
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Power Exchange India Limited (PXIL)
Power Exchange India Limited is the primary company behind PXIL. 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 6 mo | Power Exchange India Limited |
| Rajiv Mishra Ranjan DIN 06480792 | Director | 01 Apr 2024 | 2 yrs 6 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 |
People of PXIL
1 people are tracked at PXIL (1 in leadership); the tracked headcount is 59.
| Name | Role | Group |
|---|---|---|
| CEO & Managing Director | Leadership |
Complete people profiles for PXIL
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of PXIL
Figures of Power Exchange India Limited, the primary company behind PXIL, 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 PXIL
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PXIL
3 dated milestones of PXIL across 17 years, from founding to its latest funding, stage changes and deals.
- Founded PXIL is founded.
- Funding First funding round.
- Funding Latest funding round, Post-IPO,.
Web traffic of PXIL
The website of PXIL (powerexindia.in) receives about 5.4K visits a month.
- Monthly visits5.4K
▲ 55.5% vs previous month
Top companies in Power Transmission & Distribution
3 companies that operate in the same segment as PXIL (Power Transmission & Distribution) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Power distribution and secure services in Telangana. | 2014 | Hyderabad, Telangana, India | USD 4.12 B | 16,102 | ||
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Electricity transmission utility projects are developed in India. | 2010 | Mumbai, Maharashtra, India | USD 167.58 M | USD 603.94 M |
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Related news about Pxil
Complete news archive for PXIL
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Frequently Asked Questions about PXIL
PXIL was founded in 2008 and raised its 1st funding round 16 years after it was founded.
PXIL is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Satyajit Ganguly is the CEO of PXIL, as recorded in our data.
PXIL has 59 employees.
The primary company behind PXIL, Power Exchange India Limited, reported revenue of ₹100 Cr for FY 2026, up 8% year on year.
PXIL was established in 2008 and is headquartered in Mumbai, India. Operations are centered on the development of electricity transmission infrastructure and related utility projects within the power sector. Services encompass planning, execution, and management of transmission networks to support energy distribution. The company operates primarily in the Indian market, with leadership provided by CEO and Managing Director Satyajit Ganguly. Focus remains on infrastructure essential for reliable power supply.
PXIL offers Energy Trading and Market Data Services.
PXIL has 2 investors. Key investors include Norwest Venture Partners, and BanyanTree Finance.
PXIL operates through Power Exchange India Limited.
The legal entities of PXIL currently have 14 directors, including Satyajit Ganguly, Avinash Mohan, Deepak Jinvardas Lad and others.