About Scorpius Trackers
Scorpius Trackers is a company based in Pune (India) founded in 2012 was acquired by Gensol solar in March 2023.. The company has 57 employees as of April 03, 2024. Scorpius Trackers offers products and services including Venator Flexilis. Scorpius Trackers operates in a competitive market with competitors including Nextracker, Array Technologies, Renkube, Helioslite and Ideematec, among others.
- Headquarter Pune, India
- Employees 57 as on 03 Apr, 2024
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Scorpius Trackers Private Limited
- Date of Incorporation 04 Oct, 2012
- Jurisdiction Haveli, Maharashtra, India
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Annual Revenue
$3.62 M (USD)-80.5as on Mar 31, 2023
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Net Profit
$-1.55 M (USD)-546.76as on Mar 31, 2023
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EBITDA
$-881.23 K (USD)-1255.11as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
57
as on Apr 03, 2024
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Acquired by
Gensol solar
(Mar 22, 2023)
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Products & Services of Scorpius Trackers
Scorpius Trackers offers a comprehensive portfolio of products and services, including Venator Flexilis. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solar tracking system for maximizing energy generation and efficiency.
Funding Insights of Scorpius Trackers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Scorpius Trackers
Scorpius Trackers has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gensol solar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Solar EPC, consultancy, and allied services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scorpius Trackers
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Scorpius Trackers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scorpius Trackers Comparisons
Competitors of Scorpius Trackers
Scorpius Trackers 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 Nextracker, Array Technologies, Renkube, Helioslite and Ideematec, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar panel tracking software is provided for monitoring and control.
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| domain | founded_year | HQ Location |
Solar trackers are manufactured for utility-scale solar installations.
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| domain | founded_year | HQ Location |
Developer of solar panels with energy yield
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| domain | founded_year | HQ Location |
Dual-axis solar tracking systems are developed for power optimization.
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| domain | founded_year | HQ Location |
Solar tracking technology solutions provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scorpius Trackers
Frequently Asked Questions about Scorpius Trackers
When was Scorpius Trackers founded?
Scorpius Trackers was founded in 2012.
Where is Scorpius Trackers located?
Scorpius Trackers is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does Scorpius Trackers have?
As of Apr 03, 2024, the latest employee count at Scorpius Trackers is 57.
What is the annual revenue of Scorpius Trackers?
Annual revenue of Scorpius Trackers is $3.62M as on Mar 31, 2023.
What does Scorpius Trackers do?
Scorpius Trackers was founded in 2012 in Pune, India, within the solar energy sector. Complete tracking solutions for PV modules, including pivots, electronics, and structures, are provided. Low-operation-and-maintenance trackers along with self-powered controllers are featured. Installations exceeding 60MW have been completed, while projects totaling around 200MW are under design and construction across India, Asia, the Middle East, and Africa.
Who are the top competitors of Scorpius Trackers?
Scorpius Trackers's top competitors include Nextracker, Array Technologies and Helioslite.
What products or services does Scorpius Trackers offer?
Scorpius Trackers offers Venator Flexilis.
Who are Scorpius Trackers's investors?
Scorpius Trackers has 1 investor. Key investors include Gensol solar.