Reconnect Energy

Bengaluru, India Founded: 2010 • Age: 16 yrs
Cloud and AI-based marketplace for renewable energy trading is provided.
Annual revenue $3.7M Latest available
Total funding $356,676 2 rounds
Employees 145 Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Reconnect Energy

Reconnect Energy is a company based in Bengaluru (India) founded in 2010 by Vibhav Nuwal. Reconnect Energy has raised $356.68 thousand across 2 funding rounds from investors including Infuse Ventures, Bruce Usher and Roshan Gaonkar. The company has 145 employees as of April 04, 2024. Reconnect Energy offers products and services including Digital Intelligence Platform, Asset Management Solution, and Grid Management System.

  • Headquarter Bengaluru, India
  • Employees 145 as on 04 Apr, 2024
  • Founders Vibhav Nuwal
  • Stage Minicorn
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Reconnect Energy Solutions Limited
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.71 M (USD)
    5.14
    as on Mar 31, 2023
  • Net Profit
    $141.26 K (USD)
    -82.22
    as on Mar 31, 2023
  • EBITDA
    $145.41 K (USD)
    -84.92
    as on Mar 31, 2023
  • Total Equity Funding
    $356.68 K (USD)

    in 2 rounds

  • Latest Funding Round
    $329.72 K (USD), Seed

    Sep 01, 2014

  • Investors
  • Employee Count
    145

    as on Apr 04, 2024

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Products & Services of Reconnect Energy

Reconnect Energy offers a comprehensive portfolio of products and services, including Digital Intelligence Platform, Asset Management Solution, and Grid Management System.

Product name locked
Category locked
Primary

Platform for real-time asset performance monitoring and climate risk management

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Tools to identify and quantify weather uncertainties for better grid efficiency

Product name locked
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System for minimizing climate-induced risks in energy infrastructure

Funding Insights of Reconnect Energy

Reconnect Energy has successfully raised a total of $356.68K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $329.72 thousand completed in September 2014. 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 Reconnect Energy

Reconnect Energy has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Infuse Ventures, Bruce Usher and Roshan Gaonkar.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on the sustainability and clean energy sector
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Bruce Usher

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Roshan Gaonkar

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Investments & Acquisitions by Reconnect Energy

Investments
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Investment portfolio details for Reconnect Energy

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Financial Statements - Reconnect Energy

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Reconnect Energy Comparisons

Reconnect Energy Primary company
Description
Cloud and AI-based marketplace for renewable energy trading ...
Location
Bengaluru, India
Founded Year
2010
Annual Revenue
$3.71 M (USD)
Net Profit
$141.26 K (USD)
EBITDA
$145.41 K (USD)
Employees
145
As of 2024
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Competitors of Reconnect Energy

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Latest news on Reconnect Energy

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Frequently Asked Questions about Reconnect Energy

Reconnect Energy was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Reconnect Energy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Reconnect Energy is a funded company, having raised a total of $356.68K across 2 funding rounds to date.

As of Apr 04, 2024, the latest employee count at Reconnect Energy is 145.

Annual revenue of Reconnect Energy is $3.71M as on Mar 31, 2023.

Reconnect Energy was founded in 2010 in Bengaluru, India, as a provider in the renewable energy sector. A cloud and AI-based marketplace is operated for trading renewable energy certificates and purchase obligations. Energy portfolio management, efficiency measures, and energy-saving certificates are supported through the platform. Forecasting and scheduling services for wind and solar power generation are also delivered to clients.

Reconnect Energy offers Digital Intelligence Platform, Asset Management Solution, and Grid Management System.

Reconnect Energy has 4 investors. Key investors include Infuse Ventures, Bruce Usher, Roshan Gaonkar, and S A Khaparde.

The valuation of Reconnect Energy is $2.11M as of Sep 2014.

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