About RightWatts
RightWatts is a company based in Noida (India) founded in 2015 by Rahul Sabharwal and Sandeep Goswami. RightWatts has raised $148.09 thousand across 2 funding rounds from investors including Shell E4 and Shell. RightWatts operates in a competitive market with competitors including Everactive, Deepki, Verdigris, Dude Solutions and EcoPlant, among others.
- Headquarter Noida, India
- Founders Rahul Sabharwal, Sandeep Goswami
- Stage Minicorn
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Sectors
Energy & UtilitiesTechnology
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Email
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Rightwatts Solutions Private Limited
- Date of Incorporation 29 Aug, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$715.77 K (USD)-26.3as on Mar 31, 2023
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Net Profit
-$6.25 K (USD)-92.44as on Mar 31, 2023
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EBITDA
-$21.83 K (USD)-28.11as on Mar 31, 2023
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Total Equity Funding
$148.09 K (USD)
in 2 rounds
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Latest Funding Round
$148.09 K (USD), Seed
Oct 08, 2019
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Investors
Shell E4
& 1 more
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Employee Count
Not available
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Funding Insights of RightWatts
RightWatts has successfully raised a total of $148.09K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $148.09 thousand completed in October 2019. 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 RightWatts
RightWatts has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell E4 and Shell.
| Investor | Description | Founded Year | Domain | Location |
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Energy sectors are targeted by Shell-backed accelerator program.
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Crude products are supplied to global energy markets.
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Investor details for RightWatts
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Investments & Acquisitions by RightWatts
Investment portfolio details for RightWatts
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Financial Statements - RightWatts
Detailed financials for RightWatts
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Rightwatts Comparisons
Peer comparison for RightWatts
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Competitors of RightWatts
RightWatts 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 Everactive, Deepki, Verdigris, Dude Solutions and EcoPlant, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT-based energy harvesting solutions for enterprises are provided.
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SaaS solutions for building energy monitoring and analysis are offered.
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AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings
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| Locked | Locked | Locked |
SaaS CMMS software is offered for commercial spaces.
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AI and cloud-driven platform for monitoring and control systems
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AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings
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Detailed competitors of RightWatts
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Rightwatts
Complete news archive for RightWatts
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Frequently Asked Questions about RightWatts
RightWatts was founded in 2015 and raised its 1st funding round 4 years after it was founded.
RightWatts is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
RightWatts is a funded company, having raised a total of $148.09K across 2 funding rounds to date.
Annual revenue of RightWatts is $715.77K as on Mar 31, 2023.
RightWatts was established in 2015 in Noida, India, within the energy management sector. Cloud-based tools are provided to monitor energy usage in industrial and building settings. Sensors including smart meters and temperature devices are installed to capture key parameters. Data is transmitted via IoT controllers to the cloud, where an analytics engine processes it to deliver insights on equipment energy patterns.
The valuation of RightWatts is $1.83M as of Oct 2019.