About Rewatt Energy
Rewatt Energy is an Energy & Utilities company based in Bengaluru (India) founded in 2014, and was acquired by SmartEnergy in August 2022. Solar panel installations are provided for residential and commercial sectors. The company has 33 employees. Its Indian entity Shobhaglobs Engineers Hub Private Limited reported revenue of ₹5.88 Cr. Rewatt Energy offers products and services including Rooftop Solar Panels, EV Charging Solutions, Power Storage Systems, Residential Storage, and Commercial Solar. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Full-end Services. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Rewatt Energy was founded in 2014 in Bengaluru, India, focusing on the renewable energy sector. Solar panel installation services are delivered to both residential and commercial clients through operations centered in the region. The company maintains a presence via its domain, rewattenergy.com, supporting installations tailored to local needs in Indias growing solar market. Activities emphasize practical deployment of photovoltaic systems for energy efficiency.
- Headquarters Bengaluru, India
- Employees 33
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website rewattenergy.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by SmartEnergy (Aug 2022)
- Legal Name Shobhaglobs Engineers Hub. Pvt. Ltd
- Date of Incorporation 08 Sep, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.88 Cr
FY 2024 · +29% YoY
- Net Loss-₹1.86 Cr
FY 2024 · -32% margin
- EBITDA₹40.5 Lakh
FY 2024 · 7% margin
- Investors
- Employee Count33
- Acquired bySmartEnergy
(Aug 2022)
Associated legal entities of Rewatt Energy
Rewatt Energy operates through Shobhaglobs Engineers Hub Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shobhaglobs Engineers Hub Private Limited CIN U29253KA2014PTC076253 | Active | 08 Sep 2014 | Bangalore, Karnataka | ₹5.9 Cr | 33 | 3 | View details |
Products & Services of Rewatt Energy
Rewatt Energy offers a comprehensive portfolio of products and services, including Rooftop Solar Panels, EV Charging Solutions, Power Storage Systems, Residential Storage, and Commercial Solar.
Generate electricity from sunlight for cost savings and eco-protection.
Provide efficient, reliable stations for vehicle charging needs.
Store renewable energy for later use and grid stability.
Offer high-capacity storage for reduced electricity bills.
Supply durable panels for commercial power generation.
Apps and channels of Rewatt Energy
its YouTube channel Rewatt Energy has 40 subscribers and 1 videos.
Videos from Rewatt Energy
The most watched videos on Rewatt Energy's YouTube channel, Rewatt Energy (40 subscribers). Click a video to play it here.
More on Rewatt Energy.
Investors in Rewatt Energy
Rewatt Energy has secured backing from 1 investor. Prominent investors backing the company include SmartEnergy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Developer of electricity transmission projects | 1999 | smartenergy.com | New York, United States |
Investor details for Rewatt Energy
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Board of directors of Shobhaglobs Engineers Hub Private Limited (Rewatt Energy)
Shobhaglobs Engineers Hub Private Limited is the primary company behind Rewatt Energy. The board of Shobhaglobs Engineers Hub Private Limited currently have 3 directors; the longest-serving is Lakshamanareddy Hosahalli Ramareddy, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lakshamanareddy Hosahalli Ramareddy DIN 06951092 | Director | 08 Sep 2014 | 12 yrs 1 mo | Shobhaglobs Engineers Hub Private Limited |
| Shobha Matkur Ramareddy DIN 06951097 | Director | 08 Sep 2014 | 12 yrs 1 mo | Shobhaglobs Engineers Hub Private Limited |
| Sharath Kumar Lakshmana Reddy DIN 06951094 | Director | 08 Sep 2014 | 12 yrs 1 mo | Shobhaglobs Engineers Hub Private Limited |
Financials of Rewatt Energy
Figures of Shobhaglobs Engineers Hub Private Limited, the primary company behind Rewatt Energy, for FY 2024. Revenue was ₹5.88 Cr (+29% year on year). Net loss was -₹1.86 Cr (-32% margin). EBITDA was ₹40.5 Lakh (7% margin). Revenue has grown at a compounded annual rate of +7% over three years and +2% over five years.
- ₹5.88 CrRevenue · FY 2024 · +29% YoY
- -₹1.86 CrNet loss · -32% margin
- ₹40.5 LakhEBITDA · 7% margin
- ₹2.96 CrPaid-up capital
- 33Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shobhaglobs Engineers Hub Private Limited are on its company page.
Detailed financial statements for Rewatt Energy
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Timeline of Rewatt Energy
2 dated milestones of Rewatt Energy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Rewatt Energy is founded.
- Exit Acquired by SmartEnergy.
Competitors of Rewatt Energy
Rewatt Energy has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development |
Detailed competitors of Rewatt Energy
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Web traffic of Rewatt Energy
The website of Rewatt Energy (rewattenergy.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 256% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Rewatt Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Rewatt Energy
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Frequently Asked Questions about Rewatt Energy
Rewatt Energy was founded in 2014.
Rewatt Energy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rewatt Energy has 33 employees.
The primary company behind Rewatt Energy, Shobhaglobs Engineers Hub Private Limited, reported revenue of ₹5.88 Cr for FY 2024, up 29% year on year.
Rewatt Energy was founded in 2014 in Bengaluru, India, focusing on the renewable energy sector. Solar panel installation services are delivered to both residential and commercial clients through operations centered in the region. The company maintains a presence via its domain, rewattenergy.com, supporting installations tailored to local needs in Indias growing solar market. Activities emphasize practical deployment of photovoltaic systems for energy efficiency.
Rewatt Energy's top competitors include SolarSquare, Oorjan and ZunRoof.
Rewatt Energy offers Rooftop Solar Panels, EV Charging Solutions, Power Storage Systems, Residential Storage, and Commercial Solar.
Rewatt Energy has 1 investor. Key investors include SmartEnergy.
Rewatt Energy operates through Shobhaglobs Engineers Hub Private Limited.
Yes. Rewatt Energy was acquired by SmartEnergy in August 2022.
The legal entities of Rewatt Energy currently have 3 directors, including Lakshamanareddy Hosahalli Ramareddy, Shobha Matkur Ramareddy, Sharath Kumar Lakshmana Reddy.