About Sheru
Sheru is a company based in Delhi (India) founded in 2019 by Shikhar Sharma, Ankit Mittal, and Nakul Mehan. Sheru has raised $2.54 million across 14 funding rounds from investors including Venture Catalysts, Smile Group and Sat Industries. The company has 33 employees as of March 28, 2024. Sheru operates in a competitive market with competitors including EV Realty, Exro, Levistor, Fifteen and Numbat, among others.
- Headquarter Delhi, India
- Employees 33 as on 28 Mar, 2024
- Founders Shikhar Sharma, Ankit Mittal, Nakul Mehan
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & 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 Seygnux Solutions Private Limited
- Date of Incorporation 20 Jan, 2014
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$669.09 K (USD)-34.1as on Mar 31, 2023
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Net Profit
-$759.04 K (USD)-176.26as on Mar 31, 2023
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EBITDA
-$673.93 K (USD)-113.16as on Mar 31, 2023
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Total Equity Funding
$2.54 M (USD)
in 14 rounds
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Latest Funding Round
$27.84 K (USD), Seed
May 01, 2025
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Investors
Venture Catalysts
& 75 more
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Employee Count
33
as on Mar 28, 2024
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Funding Insights of Sheru
Sheru has successfully raised a total of $2.54M across 14 strategic funding rounds. The most recent funding activity was a Seed round of $27.84 thousand completed in May 2025. 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 Sheru
Sheru has secured backing from 76 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, Smile Group and Sat Industries.
| Investor | Description | Founded Year | Domain | Location |
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Investment platform for building investor communities and facilitating startup deals.
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Venture capital funding and support for mobility and electric vehicle startups in India.
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Seed fund VC firm investing in EV ecosystem
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Investor details for Sheru
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Sheru
Investment portfolio details for Sheru
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Sheru
Detailed financials for Sheru
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- Profit trends
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Sheru Comparisons
Peer comparison for Sheru
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Sheru
Sheru 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 EV Realty, Exro, Levistor, Fifteen and Numbat, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Grid-scale EV charging infrastructure is developed for fleet electrification.
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Developer of power electronics for electric vehicles and energy storage
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Kinetic energy storage solutions for electric vehicle charging are developed.
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AR-enabled platform networks bicycle-sharing operators for operational management.
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Provider of a sustainable energy solutions provider that offers high-power charging and smart energy management technology for electric vehicles, combining e-mobility and media services
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Electric panel capacity for EV charging is provided by Stepwise.
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Detailed competitors of Sheru
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Sheru
Complete news archive for Sheru
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Frequently Asked Questions about Sheru
Sheru was founded in 2019.
Sheru is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Ankit Mittal is the current CEO of Sheru. They have also founded this company.
Sheru is a funded company, having raised a total of $2.54M across 14 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Sheru is 33.
Annual revenue of Sheru is $669.09K as on Mar 31, 2023.
Sheru was founded in 2019 in Delhi, India, as a provider of a cloud-based energy storage marketplace. A SaaS platform is operated to aggregate idle batteries from electric vehicles, swapping stations, and solar backups, enabling distributed energy storage and arbitrage services. Features such as virtual energy storage, vehicle-to-grid integration, and energy trading optimization are included, along with battery management software, interoperability tools for fleet operators, and cloud-native analytics.
Sheru has 76 investors. Key investors include Venture Catalysts, Smile Group, Sat Industries, AdvantEdge, and Soonicorn Ventures.
The valuation of Sheru is $3.43M as of Jun 2021.