About Renkube
Renkube is an Energy & Utilities company based in Bengaluru (India) founded in 2017 by Janardhana V, Lakshmi Santhanam, Deepika Gopal, and Balaji Lakshmikanth Bangolae. Developer of solar panels with energy yield. Renkube has raised $301.61 thousand across 1 funding round from investors including JITO Incubation & Innovation Foundation, Keiretsu Forum and Halliburton Labs. The company has 5 employees. Its chief executive, as recorded, is Balaji Lakshmikanth Bangolae. Its Indian entity Renkube Private Limited reported revenue of ₹8.7 Lakh. Renkube offers products and services including Renkube Panels. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Balance of System.
Company details
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.
- Headquarters Bengaluru, India
- Employees 5
- Founders Janardhana V, Lakshmi Santhanam, Deepika Gopal, Balaji Lakshmikanth Bangolae
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website renkube.com
- Social LinkedIn
- Legal Name Renkube Private Limited
- Date of Incorporation 06 Nov, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹8.7 Lakh
FY 2026 · -80% YoY
- Net Loss-₹1.05 Cr
FY 2026 · -1285% margin
- EBITDA-₹1.05 Cr
FY 2026 · -1286% margin
- Total Equity Funding$301.61K (USD)
in 1 rounds
- Latest Funding Round$301.61K (USD), Seed
Aug 2022
- Investors
- Employee Count5
Associated legal entities of Renkube
Renkube operates through Renkube Private 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 |
|---|---|---|---|---|---|---|---|
| Renkube Private Limited CIN U74999KA2017PTC107681 | Active | 06 Nov 2017 | Bangalore, Karnataka | ₹0.1 Cr | 3 | View details |
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.
- Total Funding $301,610
- Total Rounds 1
- Last Round Seed — $301,610
- First Round $301,610
(Aug 2022)
- Investors Count 4
All 1 funding rounds of Renkube 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 |
|---|---|---|---|---|---|
| Aug 2022 | $301,610 | Seed | – | IIMA Ventures |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are incubated by the foundation in Mumbai, India. | jitojiif.com | Mumbai, India | ||
A global angel investor network is operated by Keiretsu Forum. | k4mumbai.com | Mumbai, India | ||
Engineering consulting, mechanical testing, and manufacturing setup services are provided. | halliburtonlabs.com | Houston, United States | ||
Early-stage tech startups are supported via venture capital and acceleration. | iimaventures.com | Ahmedabad, India |
Investor details for Renkube
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Renkube Private Limited (Renkube)
Renkube Private Limited is the primary company behind Renkube. The board of Renkube Private Limited currently have 3 directors; the longest-serving is Janardhana Vittalrao Kshirsagar, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Janardhana Vittalrao Kshirsagar DIN 01236205 | Whole-time director | 06 Nov 2017 | 9 yrs | Renkube Private Limited |
| Balaji Lakshmikanth Bangolae DIN 07831619 | Whole-time director | 06 Nov 2017 | 9 yrs | Renkube Private Limited |
| Lakshmi Santhanam DIN 09439700 | Director | 17 Dec 2021 | 4 yrs 10 mo | Renkube Private Limited |
People of Renkube
4 people are tracked at Renkube (4 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Janardhana V | Co-Founder | Leadership |
| Co-Founder & COO | Leadership | |
Deepika Gopal | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for Renkube
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Renkube
Figures of Renkube Private Limited, the primary company behind Renkube, for FY 2026. Revenue was ₹8.7 Lakh (-80% year on year). Net loss was -₹1.05 Cr (-1285% margin). EBITDA was -₹1.05 Cr (-1286% margin). Revenue has grown at a compounded annual rate of -21% over three years and -3% over five years.
- ₹8.7 LakhRevenue · FY 2026 · -80% YoY
- -₹1.05 CrNet loss · -1285% margin
- -₹1.05 CrEBITDA · -1286% margin
- ₹1.17 CrPaid-up capital
- -21%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Renkube Private Limited are on its company page.
Detailed financial statements for Renkube
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Renkube
2 dated milestones of Renkube across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Renkube is founded.
- Funding First funding round of $302K.
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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 CEO of Renkube, as recorded in our data. They have also founded this company.
Renkube is a funded company, having raised a total of $301.61K across 1 funding round to date. The company's 1st funding round was a Seed of $301.61K, raised on Aug 2022.
Renkube has 5 employees.
The primary company behind Renkube, Renkube Private Limited, reported revenue of ₹8.7 Lakh for FY 2026, down 80% year on year.
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 offers Renkube Panels.
Renkube has 4 investors. Key investors include JITO Incubation & Innovation Foundation, Keiretsu Forum, Halliburton Labs, and IIMA Ventures.
Renkube operates through Renkube Private Limited.
The legal entities of Renkube currently have 3 directors, including Janardhana Vittalrao Kshirsagar, Balaji Lakshmikanth Bangolae, Lakshmi Santhanam.