About Surya Power Magic
Surya Power Magic is a company based in Coimbatore (India) founded in 2012.. Surya Power Magic has raised $500 thousand across 1 funding round from investors including Intellecap Impact Investment Network. The company has 1 employees as of April 08, 2024. Surya Power Magic operates in a competitive market with competitors including Ecozen Solutions, SunCulture, Claro Energy, Oswal Pumps and Spowdi, among others.
- Headquarter Coimbatore, India
- Employees 1 as on 08 Apr, 2024
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Sectors
EnvironmentAgriculture Energy & Utilities
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Phone
*********
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Website
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Social
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- Legal Name A K Surya Power Magic Private Limited
- Date of Incorporation 07 Dec, 2012
- Jurisdiction Coimbatore, Tamil Nadu, India
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Annual Revenue
$282.62 K (USD)-67.96as on Mar 31, 2019
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Net Profit
$-265.89 K (USD)69.3as on Mar 31, 2019
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EBITDA
$-193.99 K (USD)76.14as on Mar 31, 2019
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Jun 14, 2014
- Investors
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Employee Count
1
as on Apr 08, 2024
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Funding Insights of Surya Power Magic
Surya Power Magic has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 2014. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $500,000
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First Round
First Round
(14 Jun 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Seed - Surya Power Magic | Valuation |
investors |
| 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 |
Investors in Surya Power Magic
Surya Power Magic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Intellecap Impact Investment Network. 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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Angel Network for India & East Africa based companies
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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 Surya Power Magic
| 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 - Surya Power Magic
| 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 |
Surya Power Magic Comparisons
Competitors of Surya Power Magic
Surya Power Magic 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 Ecozen Solutions, SunCulture, Claro Energy, Oswal Pumps and Spowdi, 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 |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
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| domain | founded_year | HQ Location |
Solar-powered irrigation systems are provided to smallholder farmers.
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| domain | founded_year | HQ Location |
Solar powered water pumping solutions
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| domain | founded_year | HQ Location |
Energy-efficient stainless steel pumps and motors are manufactured.
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| domain | founded_year | HQ Location |
Developer of solar powered water pump systems
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| domain | founded_year | HQ Location |
Designs, develop, and manufacture solar powered irrigation pumps
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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 Surya Power Magic
When was Surya Power Magic founded?
Surya Power Magic was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Surya Power Magic located?
Surya Power Magic is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Is Surya Power Magic a funded company?
Surya Power Magic is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 14, 2014.
How many employees does Surya Power Magic have?
As of Apr 08, 2024, the latest employee count at Surya Power Magic is 1.
What is the annual revenue of Surya Power Magic?
Annual revenue of Surya Power Magic is $282.62K as on Mar 31, 2019.
What does Surya Power Magic do?
Surya Power Magic was founded in 2012 in Coimbatore, India, within the renewable energy and agriculture sectors. Solar panel arrays are provided to power irrigation motor pumps of various capacities. Complementary items, including 3-phase water pumps, drip and sprinkler modules, tracking solutions, and irrigation controllers, are offered. Complete solar-based irrigation setups are delivered to farmers and agro-industries across the region.
Who are the top competitors of Surya Power Magic?
Surya Power Magic's top competitors include Ecozen Solutions, Oswal Pumps and SunCulture.
Who are Surya Power Magic's investors?
Surya Power Magic has 1 investor. Key investors include Intellecap Impact Investment Network.