About SOLENCO
SOLENCO is a company based in Gurugram (India) founded in 2012 by Biju Balakrishnan. It operates as a B2B. SOLENCO operates in a competitive market with competitors including Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green, among others.
- Headquarter Gurugram, India
- Founders Biju Balakrishnan
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Sectors
Energy & Utilities
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Phone
*********
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Website
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Social
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- Legal Name Def Mart Private Limited
- Date of Incorporation 27 Feb, 2012
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$258.81 K (USD)0as on Mar 31, 2018
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of SOLENCO
| 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 |
Investments & Acquisitions by SOLENCO
| 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 - SOLENCO
| 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 |
Solenco Comparisons
Competitors of SOLENCO
SOLENCO 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 Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green, 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 energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
Solar energy projects are developed for residential and commercial applications.
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| domain | founded_year | HQ Location |
On-grid and off-grid solar solutions and products are provided.
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| domain | founded_year | HQ Location |
EPC and MEP services are provided across diverse sectors.
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| domain | founded_year | HQ Location |
Provider of solar EPC, IPP services, and battery energy storage systems
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| domain | founded_year | HQ Location |
Provider of a range of solar products and services
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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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Frequently Asked Questions about SOLENCO
When was SOLENCO founded?
SOLENCO was founded in 2012.
Where is SOLENCO located?
SOLENCO is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of SOLENCO?
Biju Balakrishnan is the current CEO of SOLENCO. They have also founded this company.
What is the annual revenue of SOLENCO?
Annual revenue of SOLENCO is $258.81K as on Mar 31, 2018.
What does SOLENCO do?
SOLENCO delivers comprehensive solar epc solutions for distributed energy projects, focusing on working in the energy sector, promoting renewable energy, solar power, and epc services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are the top competitors of SOLENCO?
SOLENCO's top competitors include Lightsource BP, Fourth Partner Energy and Freyr Energy.