About Spykke
Spykke was a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2019 by Anand Katragadda. It delivers power bank-based charging stations for mobile phones. It operates on a B2B model. Spykke has raised $406.57 thousand across 2 funding rounds. Its Indian entity Spykke Innovations Private Limited reported revenue of ₹2.76 Cr. The company is recorded as dissolved. Its focus areas include Technology and Consumer Electronics, Mobile Accessories, Charging Solutions and Public Stations. Its competitors include Bolt.Earth, Charge Zone and EVRE; 3 of its 3 listed competitors have raised funding.
Company details
Spykke, established in 2019 and currently in Dissolved stage, focuses on technology and consumer electronics, mobile accessories, charging solutions, and public stations. Delivers power bank-based charging stations for mobile phones. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Anand Katragadda
- SectorsTransportation, Automotive & Logistics
- Website spykke.com
- Legal Name Spykke Innovations Private Limited
- Date of Incorporation 29 Aug, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.76 Cr
FY 2022 · +59988% YoY
- Net Loss-₹10.36 Cr
FY 2022 · -375% margin
- EBITDA-₹1.73 Cr
FY 2022 · -63% margin
- Total Equity Funding$406.57K (USD)
in 2 rounds
- Latest Funding Round$260.1K (USD), Seed
Nov 2021
Associated legal entities of Spykke
Spykke operates through Spykke Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spykke Innovations Private Limited CIN U31900KA2019PTC127490 | Active | 29 Aug 2019 | Bangalore, Karnataka | ₹2.8 Cr | 18 | 3 | View details |
Funding Insights of Spykke
Spykke has successfully raised a total of $406.57K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $260.1 thousand completed in November 2021. 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 $406,571
- Total Rounds 2
- Last Round Seed — $260,095
- First Round $146,476
(Jun 2021)
All 2 funding rounds of Spykke 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 |
|---|---|---|---|---|---|
| Nov 2021 | $260,095 | Seed | – | – | – |
| Jun 2021 | $146,476 | Angel Round | – | – | – |
Board of directors of Spykke Innovations Private Limited (Spykke)
Spykke Innovations Private Limited is the primary company behind Spykke. The board of Spykke Innovations Private Limited currently have 3 directors; the longest-serving is Ramani Iyer, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramani Iyer DIN 00033559 | Director | 29 Aug 2019 | 7 yrs 2 mo | Spykke Innovations Private Limited |
| Pavan Pudipeddi DIN 06667925 | Director | 29 Aug 2019 | 7 yrs 2 mo | Spykke Innovations Private Limited |
| Anandaram Katragadda DIN 05266736 | Director | 29 Aug 2019 | 7 yrs 2 mo | Spykke Innovations Private Limited |
People of Spykke
1 people are tracked at Spykke (1 in leadership).
| Name | Role | Group |
|---|---|---|
Anand Katragadda | Co-Founder, CTO | Leadership |
Complete people profiles for Spykke
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Spykke
Figures of Spykke Innovations Private Limited, the primary company behind Spykke, for FY 2022. Revenue was ₹2.76 Cr (+59988% year on year). Net loss was -₹10.36 Cr (-375% margin). EBITDA was -₹1.73 Cr (-63% margin).
- ₹2.76 CrRevenue · FY 2022 · +59988% YoY
- -₹10.36 CrNet loss · -375% margin
- -₹1.73 CrEBITDA · -63% margin
- ₹1 LakhPaid-up capital
- 18Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Spykke Innovations Private Limited are on its company page.
Detailed financial statements for Spykke
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Spykke
3 dated milestones of Spykke across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Spykke is founded.
- Funding First funding round of $146K.
- Funding Latest funding round, Seed, of $260K.
Competitors of Spykke
Spykke has 3 listed competitors in our database, 3 of them funded. They include Bolt.Earth, Charge Zone and EVRE.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bolt.earth | 2017 | Bengaluru, India | $29.61M | 134 | EV charging hardware, software, and maintenance services are offered. | |
| chargezone.co.in | 2018 | Vadodara, India | $97.79M | 142 | Electric vehicle charging stations and management software are provided. | |
| evre.in | 2017 | Hyderabad, India | $4.81M | 637 | Electric vehicle charging solutions are offered via an integrated platform. |
Detailed competitors of Spykke
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Related news about Spykke
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Frequently Asked Questions about Spykke
Spykke was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Spykke is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Spykke is a funded company, having raised a total of $406.57K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $146.48K, raised on Jun 2021.
The primary company behind Spykke, Spykke Innovations Private Limited, reported revenue of ₹2.76 Cr for FY 2022, up 59988% year on year.
Spykke, established in 2019 and currently in Dissolved stage, focuses on technology and consumer electronics, mobile accessories, charging solutions, and public stations. Delivers power bank-based charging stations for mobile phones. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Spykke's top competitors include Bolt.Earth, Charge Zone and EVRE.
Spykke operates through Spykke Innovations Private Limited.
The legal entities of Spykke currently have 3 directors, including Ramani Iyer, Pavan Pudipeddi, Anandaram Katragadda.