Redcherry

Mumbai, India Founded: 2015 • Age: 11 yrs
Offers IoT and cloud-enabled solutions for efficient building energy management.
Annual revenue $9,254 Latest available
Total funding $29,550 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Redcherry

Redcherry is a company based in Mumbai (India) founded in 2015 by Kuldip Kamat. It operates as a B2B. Redcherry has raised $29.55 thousand across 2 funding rounds from investors including SINE. Redcherry operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.

  • Headquarter Mumbai, India
  • Founders Kuldip Kamat
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Redcherry Analytics Private Limited
  • Date of Incorporation 30 Jun, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $9.25 K (USD)
    74.71
    as on Mar 31, 2022
  • Net Profit
    $3.31 K (USD)
    231.1
    as on Mar 31, 2022
  • EBITDA
    -$27.69 K (USD)
    -857.68
    as on Mar 31, 2022
  • Total Equity Funding
    $29.55 K (USD)

    in 2 rounds

  • Latest Funding Round
    $14.58 K (USD), Seed

    Aug 09, 2018

  • Investors
  • Employee Count
    Not available
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Funding Insights of Redcherry

Redcherry has successfully raised a total of $29.55K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $14.58 thousand completed in August 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 Redcherry

Redcherry has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SINE.

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Venture Fund
Investor Description Founded Year Domain Location
Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
Locked Locked Locked
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Investor details for Redcherry

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Investments & Acquisitions by Redcherry

Investments
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Investment portfolio details for Redcherry

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Financial Statements - Redcherry

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Detailed financials for Redcherry

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Redcherry Comparisons

Redcherry Primary company
Description
Offers IoT and cloud-enabled solutions for efficient buildin...
Location
Mumbai, India
Founded Year
2015
Annual Revenue
$9.25 K (USD)
Net Profit
$3.31 K (USD)
EBITDA
-$27.69 K (USD)
Employees
Not available
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Peer comparison for Redcherry

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Competitors of Redcherry

Redcherry 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 Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
IoT connectivity platform from prototype to production is developed.
Locked Locked Locked
Signify is recognized as a global leader in lighting solutions.
Locked Locked Locked
Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
Locked Locked Locked
Property management software is provided for residential and commercial properties.
Locked Locked Locked
Provider of solutions for energy monitoring for residential building
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Detailed competitors of Redcherry

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Latest news on Redcherry

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Complete news archive for Redcherry

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Frequently Asked Questions about Redcherry

Redcherry was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Redcherry is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Kuldip Kamat is the current CEO of Redcherry. They have also founded this company.

Redcherry is a funded company, having raised a total of $29.55K across 2 funding rounds to date.

Annual revenue of Redcherry is $9.25K as on Mar 31, 2022.

Redcherry, founded in 2015 in Mumbai, India, focuses on leveraging cutting-edge technology, iot solutions, managing energy systems, and building systems. Offers IoT and cloud-enabled solutions for efficient building energy management. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Redcherry's top competitors include Particle, Landis+Gyr and Danfoss.

Redcherry has 1 investor. Key investors include SINE.

The valuation of Redcherry is $749.8K as of Feb 2017.

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