About Renkube
Renkube is a company based in Bengaluru (India) founded in 2017 by Janardhana V, Lakshmi Santhanam, Deepika Gopal, and Balaji Lakshmikanth Bangolae. Renkube has raised $301.61 thousand across 1 funding round from investors including JITO Incubation & Innovation Foundation, Keiretsu Forum and Halliburton Labs. Renkube offers products and services including Renkube Panels. Renkube operates in a competitive market with competitors including Nextracker, Helioslite, Ideematec, Nevados and Sys3E Technologies, among others.
- Headquarter Bengaluru, India
- Founders Janardhana V, Lakshmi Santhanam, Deepika Gopal, Balaji Lakshmikanth Bangolae
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Renkube Private Limited
- Date of Incorporation 06 Nov, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.1 K (USD)-90.93as on Mar 31, 2022
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Net Profit
-$23.28 K (USD)-276.95as on Mar 31, 2022
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EBITDA
-$21.11 K (USD)-21.88as on Mar 31, 2022
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Total Equity Funding
$301.61 K (USD)
in 1 rounds
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Latest Funding Round
$301.61 K (USD), Seed
Aug 16, 2022
- Investors
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Employee Count
Not available
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Products & Services of Renkube
Renkube offers a comprehensive portfolio of products and services, including Renkube Panels.
AI-powered panels providing 20% higher energy yield with no maintenance required.
Funding Insights of Renkube
Renkube has successfully raised a total of $301.61K through 1 strategic funding round. The most recent funding activity was a Seed round of $301.61 thousand completed in August 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.
Investors in Renkube
Renkube has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include JITO Incubation & Innovation Foundation, Keiretsu Forum and Halliburton Labs.
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Multiple sectors are incubated by the foundation in Mumbai, India.
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A global angel investor network is operated by Keiretsu Forum.
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Engineering consulting, mechanical testing, and manufacturing setup services are provided.
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Investor details for Renkube
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Investments & Acquisitions by Renkube
Investment portfolio details for Renkube
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Financial Statements - Renkube
Detailed financials for Renkube
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Renkube Comparisons
Peer comparison for Renkube
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Competitors of Renkube
Renkube 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 Nextracker, Helioslite, Ideematec, Nevados and Sys3E Technologies, among others.
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Solar panel tracking software is provided for monitoring and control.
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Dual-axis solar tracking systems are developed for power optimization.
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Solar tracking technology solutions provider
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All-terrain solar trackers are supplied for uneven landscapes.
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Provider of solar PV tracking systems
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Detailed competitors of Renkube
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Latest news on Renkube
Complete news archive for Renkube
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Frequently Asked Questions about Renkube
Renkube was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Renkube is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Balaji Lakshmikanth Bangolae is the current CEO of Renkube. They have also founded this company.
Renkube is a funded company, having raised a total of $301.61K across 1 funding round to date.
Annual revenue of Renkube is $1.1K as on Mar 31, 2022.
Renkube was founded in 2017 in Bengaluru, India, and operates in the renewable energy sector. Solar panels are developed by the company, featuring no moving parts for reduced maintenance and an extended lifespan. Compatibility with various solar cell types is ensured, while the levelized cost of energy is targeted for reduction. Environmental sustainability is supported through decreased dependence on conventional energy sources.
Renkube's top competitors include Nextracker, Helioslite and Sys3E Technologies.
Renkube offers Renkube Panels.
Renkube has 4 investors. Key investors include JITO Incubation & Innovation Foundation, Keiretsu Forum, Halliburton Labs, and IIMA Ventures.