Rivosolar

Bhubaneswar, India Founded: 2019 • Age: 7 yrs
Develops and manages solar energy projects from design to operations.

About Rivosolar

Rivosolar is an Energy & Utilities company based in Bhubaneswar (India) founded in 2019. It develops and manages solar energy projects from design to operations. It operates on a B2B model. Its Indian entity Ozaki Ventures Private Limited reported revenue of β‚Ή42.8 Lakh. Its focus areas include Energy, Renewable Energy, Solar Projects and Installation and Operations. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.

Company details

Rivosolar develops and manages solar energy projects from design to operations through working in the energy sector, promoting renewable energy, solar projects, and installation and operations. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

Key Metrics
  • Annual Revenue
    ₹42.8 Lakh

    FY 2024 · +76% YoY

  • Net Profit
    ₹76,099

    FY 2024 · 2% margin

  • EBITDA
    ₹78,114

    FY 2024 · 2% margin

  • Employee Count
    6

Board of directors of Ozaki Ventures Private Limited (Rivosolar)

Ozaki Ventures Private Limited is the primary company behind Rivosolar. The board of Ozaki Ventures Private Limited currently have 2 directors; the longest-serving is Asish Pratik Biswal, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Asish Pratik Biswal
DIN 08468544
Director31 May 20197 yrs 4 moOzaki Ventures Private Limited
Ashish Kumar Samal
DIN 08468543
Director31 May 20197 yrs 4 moOzaki Ventures Private Limited

Financials of Rivosolar

Figures of Ozaki Ventures Private Limited, the primary company behind Rivosolar, for FY 2024. Revenue was ₹42.8 Lakh (+76% year on year). Net profit was ₹76,099 (2% margin). EBITDA was ₹78,114 (2% margin). Revenue has grown at a compounded annual rate of +13% over three years.

  • ₹42.8 LakhRevenue · FY 2024 · +76% YoY
  • ₹76,099Net profit · 2% margin
  • ₹78,114EBITDA · 2% margin
  • ₹10,000Paid-up capital
  • 6Employees (provident fund records)
  • +13%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Ozaki Ventures Private Limited are on its company page.

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Detailed financial statements for Rivosolar

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Similar companies to Rivosolar

Rivosolar has 3 listed similar companies in our database, 3 of them funded. They include Freyr Energy, Fourth Partner Energy and Sterling And Wilson.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
freyrenergy.com2014Hyderabad, India$13.23M370
Solar energy projects are developed for residential and commercial applications.
fourthpartner.co2010Hyderabad, India$564.02M425
On-grid and off-grid solar solutions and products are provided.
sterlingandwilson.com1927Mumbai, India$50M6,013
EPC and MEP services are provided across diverse sectors.
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Detailed similar companies of Rivosolar

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Frequently Asked Questions about Rivosolar

Rivosolar was founded in 2019.

Rivosolar is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.

Rivosolar has 6 employees.

The primary company behind Rivosolar, Ozaki Ventures Private Limited, reported revenue of β‚Ή42.8 Lakh for FY 2024, up 76% year on year.

Rivosolar develops and manages solar energy projects from design to operations through working in the energy sector, promoting renewable energy, solar projects, and installation and operations. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

Rivosolar's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.

Rivosolar operates through Ozaki Ventures Private Limited.

The legal entities of Rivosolar currently have 2 directors, including Asish Pratik Biswal, Ashish Kumar Samal.

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