About Surya Power Magic
Surya Power Magic is an Environment company based in Coimbatore (India) founded in 2012. Solar irrigation modules and systems are supplied to farmers. It operates in the Environment, Agriculture, and Energy & Utilities sectors. Surya Power Magic has raised $500 thousand across 1 funding round from investors including Intellecap Impact Investment Network. The company has 1 employees. Its Indian entity A K Surya Power Magic Private Limited reported revenue of ₹2.02 Cr. Its focus areas include Energy, Solar Energy, Solar Products and Pumps. Its competitors include Ecozen Solutions, Claro Energy and Oswal Pumps; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Coimbatore, India
- Employees 1
- SectorsEnvironmentAgriculture Energy & Utilities
- Website suryapowermagic.com
- Social LinkedIn X
- Legal Name A K Surya Power Magic Private Limited
- Date of Incorporation 07 Dec, 2012
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹2.02 Cr
FY 2019 · -68% YoY
- Net Loss-₹1.90 Cr
FY 2019 · -94% margin
- EBITDA-₹1.30 Cr
FY 2019 · -65% margin
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
Jun 2014
- Investors
- Employee Count1
Associated legal entities of Surya Power Magic
Surya Power Magic operates through A K Surya Power Magic Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| A K Surya Power Magic Private Limited CIN U31400TZ2012PTC019004 | Active | 07 Dec 2012 | Coimbatore, Tamil Nadu | ₹2.0 Cr | 1 | 2 | View details |
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 $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(Jun 2014)
- Investors Count 1
All 1 funding rounds of Surya Power Magic 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 |
|---|---|---|---|---|---|
| Jun 2014 | $500,000 | Seed | – | – |
1 investors in total: 1 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel Network for India & East Africa based companies | 2013 | i3n.co.in | Mumbai, India |
Investor details for Surya Power Magic
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Board of directors of A K Surya Power Magic Private Limited (Surya Power Magic)
A K Surya Power Magic Private Limited is the primary company behind Surya Power Magic. The board of A K Surya Power Magic Private Limited currently have 2 directors; the longest-serving is Karthic Ravindranath Koniah, appointed in 2012. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karthic Ravindranath Koniah DIN 02826010 | Director | 07 Dec 2012 | 13 yrs 10 mo | A K Surya Power Magic Private Limited |
| Abhilash Thirupathy DIN 01902603 | Director | 07 Dec 2012 | 13 yrs 10 mo | A K Surya Power Magic Private Limited |
Financials of Surya Power Magic
Figures of A K Surya Power Magic Private Limited, the primary company behind Surya Power Magic, for FY 2019. Revenue was ₹2.02 Cr (-68% year on year). Net loss was -₹1.90 Cr (-94% margin). EBITDA was -₹1.30 Cr (-65% margin). Revenue has grown at a compounded annual rate of -43% over three years and +20% over five years.
- ₹2.02 CrRevenue · FY 2019 · -68% YoY
- -₹1.90 CrNet loss · -94% margin
- -₹1.30 CrEBITDA · -65% margin
- ₹3.7 LakhPaid-up capital
- 1Employees (provident fund records)
- -43%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of A K Surya Power Magic Private Limited are on its company page.
Detailed financial statements for Surya Power Magic
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Surya Power Magic
2 dated milestones of Surya Power Magic across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Surya Power Magic is founded.
- Funding First funding round of $500K.
Competitors of Surya Power Magic
Surya Power Magic has 3 listed competitors in our database, 2 of them funded. They include Ecozen Solutions, Claro Energy and Oswal Pumps.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecozensolutions.com | 2010 | Pune, India | $76.38M | 702 | Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | |
| claroenergy.in | 2011 | Delhi, India | $1.37M | 34 | Solar powered water pumping solutions | |
| oswalpumps.com | 2000 | Karnal, India | 514 | Energy-efficient stainless steel pumps and motors are manufactured. |
Detailed competitors of Surya Power Magic
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Surya Power Magic
Websites that share an audience with Surya Power Magic (suryapowermagic.com).
Websites whose visitors overlap most with Surya Power Magic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details |
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Surya Power Magic (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Frequently Asked Questions about Surya Power Magic
Surya Power Magic was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Surya Power Magic is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
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 2014.
Surya Power Magic has 1 employees.
The primary company behind Surya Power Magic, A K Surya Power Magic Private Limited, reported revenue of ₹2.02 Cr for FY 2019, down 68% year on year.
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.
Surya Power Magic's top competitors include Ecozen Solutions, Oswal Pumps and Claro Energy.
Surya Power Magic has 1 investor. Key investors include Intellecap Impact Investment Network.
Surya Power Magic operates through A K Surya Power Magic Private Limited.
The legal entities of Surya Power Magic currently have 2 directors, including Karthic Ravindranath Koniah, Abhilash Thirupathy.