About Rugged Solar Products
Rugged Solar Products is an Energy & Utilities company based in Bengaluru (India) founded in 2017 by Chinnagandham Bhupathi Gopalakrishna, Milind Lakshman Nulkar, and Peter Hartmut Voelkner. Rugged solar products including photovoltaic panels are manufactured and supplied. Rugged Solar Products has raised $109.89 thousand across 2 funding rounds from investors including Desai Family Living Trust. Rugged Solar Products was last valued at $12.2 million in February 2023. Its Indian entity Rugged Solar Products Private Limited reported revenue of ₹24.62 Cr. Rugged Solar Products offers products and services including Rugged Panels, Ruggedflex, Solar Solutions, and Engineering Services. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
Rugged Solar Products was established in 2017 in Bengaluru, India, as a manufacturing entity focused on renewable energy solutions. Photovoltaic panels, charge controllers, and LED lighting systems are produced for durable applications. Operations center on the development and distribution of these components within the solar sector, serving various industrial and off-grid needs in the region.
- Headquarters Bengaluru, India
- Founders Chinnagandham Bhupathi Gopalakrishna, Milind Lakshman Nulkar, Peter Hartmut Voelkner
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ruggedsolar.net
- Social LinkedIn
- Legal Name Rugged Solar Products Private Limited
- Date of Incorporation 08 Mar, 2017
- Jurisdiction Doddaballapura, Karnataka, India
- Annual Revenue₹24.62 Cr
FY 2025 · +14% YoY
- Net Profit₹3.61 Cr
FY 2025 · 15% margin
- EBITDA₹5.75 Cr
FY 2025 · 23% margin
- Total Equity Funding$109.89K (USD)
in 2 rounds
- Latest Funding Round$74.59K (USD), Seed
Feb 2023
Associated legal entities of Rugged Solar Products
Rugged Solar Products operates through Rugged Solar Products Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rugged Solar Products Private Limited CIN U74999KA2017PTC101164 | Active | 08 Mar 2017 | Doddaballapura, Karnataka | ₹24.6 Cr | 31 | 3 | View details |
Products & Services of Rugged Solar Products
Rugged Solar Products offers a comprehensive portfolio of products and services, including Rugged Panels, Ruggedflex, Solar Solutions, and Engineering Services.
Durable panels for mission-critical off-grid power applications.
Flexible panels designed for various demanding environments.
Integrated systems with engineering for off-grid energy needs.
Custom engineering for solar products and electronics.
Funding Insights of Rugged Solar Products
Rugged Solar Products has successfully raised a total of $109.89K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $74.59 thousand completed in February 2023. 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 $109,892
- Total Rounds 2
- Last Round Seed — $74,594
- First Round $35,298
(Nov 2019)
- Investors Count 1
All 2 funding rounds of Rugged Solar Products 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 |
|---|---|---|---|---|---|
| Feb 2023 | $74,594 | Seed | $12.2M | – | |
| Nov 2019 | $35,298 | Angel Round | $2.58M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2023 | $12.2M | •••••••• |
| Nov 2019 | $2.58M | •••••••• |
Last known valuation $12.2M (Feb 2023). 1 investors in total: 1 institutional.
Investors in Rugged Solar Products
Rugged Solar Products has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Desai Family Living Trust.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by the private equity firm. | Dallas, United States |
Investor details for Rugged Solar Products
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Rugged Solar Products Private Limited (Rugged Solar Products)
Rugged Solar Products Private Limited is the primary company behind Rugged Solar Products. The board of Rugged Solar Products Private Limited currently have 3 directors; the longest-serving is Chinnagandham Bhupathi Gopalakrishna, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chinnagandham Bhupathi Gopalakrishna DIN 01266348 | Director | 08 Mar 2017 | 9 yrs 7 mo | Rugged Solar Products Private Limited |
| Peter Hartmut Voelkner DIN 07713175 | Director | 08 Mar 2017 | 9 yrs 7 mo | Rugged Solar Products Private Limited |
| Karan Kadaba DIN 06947935 | Additional Director | 03 Oct 2025 | 1 yr 1 mo | Rugged Solar Products Private Limited |
People of Rugged Solar Products
3 people are tracked at Rugged Solar Products (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Rugged Solar Products
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Financials of Rugged Solar Products
Figures of Rugged Solar Products Private Limited, the primary company behind Rugged Solar Products, for FY 2025. Revenue was ₹24.62 Cr (+14% year on year). Net profit was ₹3.61 Cr (15% margin). EBITDA was ₹5.75 Cr (23% margin). Revenue has grown at a compounded annual rate of +9% over three years and +30% over five years.
- ₹24.62 CrRevenue · FY 2025 · +14% YoY
- ₹3.61 CrNet profit · 15% margin
- ₹5.75 CrEBITDA · 23% margin
- ₹3 LakhPaid-up capital
- 31Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rugged Solar Products Private Limited are on its company page.
Detailed financial statements for Rugged Solar Products
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rugged Solar Products
4 dated milestones of Rugged Solar Products across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Rugged Solar Products is founded.
- Funding First funding round of $35K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $75K.
Competitors of Rugged Solar Products
Rugged Solar Products has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | ||
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods |
Detailed competitors of Rugged Solar Products
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Rugged Solar Products (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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Frequently Asked Questions about Rugged Solar Products
Rugged Solar Products was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Rugged Solar Products is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rugged Solar Products is a funded company, having raised a total of $109.89K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $35.3K, raised on Nov 2019.
The primary company behind Rugged Solar Products, Rugged Solar Products Private Limited, reported revenue of ₹24.62 Cr for FY 2025, up 14% year on year.
Rugged Solar Products was established in 2017 in Bengaluru, India, as a manufacturing entity focused on renewable energy solutions. Photovoltaic panels, charge controllers, and LED lighting systems are produced for durable applications. Operations center on the development and distribution of these components within the solar sector, serving various industrial and off-grid needs in the region.
Rugged Solar Products's top competitors include Servoteh, Borosil Renewables and Nessa.
Rugged Solar Products offers Rugged Panels, Ruggedflex, Solar Solutions, and Engineering Services.
Rugged Solar Products has 1 investor. Key investors include Desai Family Living Trust.
The valuation of Rugged Solar Products is $12.2M as of Feb 2023.
Rugged Solar Products operates through Rugged Solar Products Private Limited.
The legal entities of Rugged Solar Products currently have 3 directors, including Chinnagandham Bhupathi Gopalakrishna, Karan Kadaba, Peter Hartmut Voelkner.